Futures Fee

Trading Fee in Futures is a commissional fee after placing a successful order. The formula to calculate trading fee is based on whether the transaction is a [Maker] or [Taker].

Maker

When a market depths [Maker] places an order, it will enter the order book and wait to be matched by a similar buy/sell order before the order can be executed, which essentially provides liquidity.

Taker

When a newly placed order matches a pending order, the new order [Taker] will immediately be fulfilled and this will take away the pending/unfulfilled order from the market depths, which essentially reduces the liquidity.

For majority of the exchanges, the Maker's fee is usually lower than the Taker's fee. This is because the Maker provides the exchange with liquidity in its order book which will help to attract traders who are seeking liquidity. A lower Maker's fee will attract market makers to the exchange.

Generally in Bitget, our Futures fee rate for global users are [Maker: 0.02%] and [Taker: 0.06%]. To find out about your fee rate, please visit our home page in Futures Fee.

Formula of Futures Fee

Futures Fee = Position Value * Fee Rate

Position Value = Position size * Price

Note: Position size is the same as quantity/unit of a contract.