BitForex Perpetual Contract Trading Commission
A perpetual contract trading commission is only taken at the moment of filling in the order. The commission is indicated in the Position folder in the PNL column.
Realized PNL = Commission + Unrealized PNL
The commission is determined in the cryptocurrency that is relevant to the order. For example, the commission for a BTC/USD perpetual contract should be paid in BTC.
Commission = (Quantity of Contracts × Rate or Average Exit Price) × Commission Rate
The commission for trading different types of contracts are outlined in the table below.
| Type | Max. Leverage | Taker Commission | Maker Commission |
|---|---|---|---|
| BTC/USD | 100x | 0.06% | 0.04% |
| ETH/USD | 100x | 0.06% | 0.04% |
| LTC/USD | 100x | 0.06% | 0.04% |
| XRP/USD | 25x | 0.06% | 0.04% |
| GRIN/USD | 10x | 0.06% | - 0 |
Maker commission is paid when the users that raise liquidity place low-priced buy orders and overpriced sell orders.
Taker commission is paid when the market depth increases, and the trade commission is taken via the placement of a variable order (taker).
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