How to calculate the commission for USDT-Margined Quarterly Futures Contracts?
Commission Fee = Currency Amount x Fee
For example,
IF Deal Amount = 1 BTC
Marker commission fee: 10 USDT
IF Deal Amount = 1 BTC
Taker commission fee: 17 USDT
Buy 10 amount BTC-24SEP21 quarterly contract using Market order:
Marker commission = currency amount x fee
= 10 x 10 USDT
= 100 USDT
Buy 10 amount BTC-24SEP21 quarterly contract using Taker order:
Tarker commission = currency amount x fee
= 10 x 17 USDT
= 170 USDT
Note: A flat 0.02% settlement fee is charged for all positions settled on the delivery date for quarterly delivery contracts.
How to calculate the commission for Perpetual Futures Contracts?
Commission Fee = Notional Value x Commission Rate
Notional Value = Currency Amount x Deal Price
For example,
Marker commission rate: 0.02%; Taker commission rate: 0.05%
Buy 10 amount BTCUSDT PERPETUAL contract using Market order with deal price at 40000 USDT:
Commission fee = (currency amount x deal price) x commission rate
= (10 x 40000 USDT) x 0.02%
= 80 usdt
Buy 10 amount BTCUSDT PERPETUAL contract using Taker order with deal price at 40000 USDT:
Commission fee = (currency amount x deal price) x commission rate
= (10 x 40000 USDT) x 0.05%
= 200 usdt