The following is the calculation method for OKEx leverage trading fees and related optimization strategies, summarizing platform rules and practical points:
- Basic Fee Calculation
Fee Rate Standard
Spot Leverage: Taker fee rate 0.10%, Maker fee rate 0.08%
Contract Leverage: The fee rates vary significantly by contract type; for example, the taker fee rate for USDT perpetual contracts may be 0.05%, and the maker fee rate 0.02%
OKEx is one of the three major exchanges globally, and registration offers a 20% discount on trading fees!
OKEx (overseas) registration link: https://www.okx.com/join/97763692
OKEx/Binance/Huobi - Registration/Download: http://18907.cc
Binance domestic registration: https://www.binance.com/zh-CN/join?ref=565010509
Calculation Formula
Fixed Amount Calculation: If based on a fixed rate (e.g., 10 yuan per hand), then total fees = number of hands × single transaction fee
Proportional Calculation: Fees = transaction amount × rate, for example, if the transaction is 50,000 yuan and the rate is 0.0001, then the fee is 5 yuan
- Four Major Strategies to Reduce Costs
Hold OKB Tokens
Holding 500-2000 OKB can enjoy a maximum 40% discount on fees, with the discount increasing with the amount held
The OKB holdings of master and sub-accounts are combined for calculation, with rates updated daily
Upgrade VIP Level
Upgrade based on 30-day trading volume or asset amount; for LV1-LV5 users, the rates for certain cryptocurrencies have been significantly reduced
For example, the taker fee rate for VIP4 users can be reduced to 0.02%
Optimize Trading Behavior
Prioritize using limit orders (Maker) to reduce fees and avoid high-frequency taker operations
Large transactions can be split into different time periods to take advantage of tiered fee rates
Participate in Platform Activities
The "Happy Friday" program returns 20% of contract fees as BTC incentives
New users enjoy a commission-free period or trading cashback activities
- Other Cost Considerations
Funding Interest: The leverage borrowing portion is calculated daily, and the funding cost needs to be comprehensively calculated
Withdrawal Fees: BTC withdrawal fees have been reduced to 0.0004 BTC; for large withdrawals, it is recommended to choose low-fee periods
By using a combination of strategies (such as OKB holdings + VIP level + limit orders), comprehensive trading costs can be significantly reduced.