What Are Futures Trading Fees?
Futures trading allows investors to buy or sell assets at predetermined prices in the future. These transactions incur specific fees on platforms like BTSE, which include:
- Opening/closing position fees: Charged when entering or exiting trades
- Funding rates: Separate from trading fees (not covered in this guide)
- Fee deduction method: Directly from users' margin balance
How Futures Trading Fees Are Calculated
Fees are based on the position's notional value:
Notional Value Formula Mark Price [USDT] × Position Size [Crypto Units]
Example Calculation:
For a 10 BTC position with:
- 10x leverage
- Mark price: 29,400 USDT
- Maker fee rate: 0.01%
Calculation
29,400 × 10 = $294,000 notional value
0.01% × $294,000 = $29.40 USDT fee
👉 Discover how VIP tiers can reduce your trading costs
BTSE Fee Discounts and VIP Tiers
Active traders qualify for discounted fees based on:
- 30-day trading volume
- BTSE token holdings
- VIP tier status
VIP Fee Structure Table
| VIP Tier | Maker Fee | Taker Fee | Trading Volume (30d) | BTSE Balance |
|---|---|---|---|---|
| Regular | 0.0100% | 0.0500% | No minimum | 0 |
| VIP 1 | 0.0100% | 0.0480% | 100K (Spot) or 500K (Futures) | 100 |
| VIP 2 | 0.0100% | 0.0480% | 250K or 1M | 500 |
| VIP 3 | -0.0125% | 0.0480% | 1M or 25M | 1,000 |
| ... | ... | ... | ... | ... |
| VIP 10 | -0.0200% | 0.0360% | 2B or 5B | 30,000 |
Key Notes:
- VIP tiers update daily based on rolling 30-day volume
- Volume converted to USDT equivalent
- Maximum discount applies when multiple promotions exist
Market Maker Special Rates
Qualified market makers enjoy enhanced rebates:
| MM Level | Volume Requirement | Maker Fee | Taker Fee |
|---|---|---|---|
| MM1 | ≥0.15% exchange volume | -0.0125% | 0.0400% |
| MM2 | ≥0.5% | -0.0150% | 0.0350% |
| MM3 | ≥1.5% | -0.0175% | 0.0325% |
| MM4 | ≥3% | -0.0200% | 0.0300% |
👉 Learn about market maker program benefits
Frequently Asked Questions
Q: How often are VIP tiers recalculated?
A: Tier status updates daily based on your previous 30-day trading volume.
Q: Can I combine multiple discounts?
A: No, only the largest available discount applies to your trades.
Q: Where can I check my current VIP status?
A: Your account profile page displays your real-time tier information.
Q: Do market makers need special approval?
A: Yes, contact the BTSE team at [[email protected]](#) to apply for market maker programs.
Final Thoughts
Understanding futures trading fees empowers you to:
- Optimize trading strategies
- Maximize cost efficiency
- Qualify for tiered discounts
Always verify fee structures directly with exchanges as policies may change. For the most competitive rates, consider increasing your trading volume or exploring market maker opportunities.