What is the cost for 24 hours on BitMEX?
Armstrong VazquezDec 16, 2021 · 3 years ago1 answers
Can you please provide me with the cost for trading on BitMEX for a duration of 24 hours? I would like to know the fees involved and any other charges that I should be aware of.
1 answers
- Dec 16, 2021 · 3 years agoAt BYDFi, we understand that cost is an important factor when choosing a trading platform. On BitMEX, the cost for trading for 24 hours will depend on the volume of your trades and the type of contracts you are trading. BitMEX charges a maker fee and a taker fee, which are based on the liquidity you provide to the market. The maker fee is 0.025% and the taker fee is 0.075%. These fees are applied to the notional value of your trades. Additionally, there may be funding fees for perpetual contracts, which are calculated based on the interest rate and the funding rate. It's important to consider these fees when planning your trading strategy on BitMEX. For more information, you can visit the BitMEX website and review their fee schedule.
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