OKX Contract Funding Rate Real-Time Query Portal
In cryptocurrency trading, contract fees and funding rates are often the most overlooked yet critical parts of transaction costs. For users trading contracts on the OKX platform, understanding and monitoring changes in fees and funding rates in real time is a key step in formulating trading strategies and controlling costs.
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OKX Contract Fee Inquiry
Users can directly check the OKX contract funding rates and fee details in real time through the following official page:
OKX Contract Fees and Funding Rates Real-Time Inquiry Portal
The content on this page was compiled by our editors after being released by the OKX official team. It covers fee calculation rules and example explanations for all trading types, including Spot, Margin, Contracts (USDT-margined, Coin-margined), and Options. Below is a detailed explanation of the official content (presented after organization and optimization).
1. Contract Fees (USDT-Margined / Coin-Margined)
1. USDT Perpetual and Delivery Contracts
Fee Calculation Formula:
- Fee = Fee Rate × (Number of Contracts Traded × Contract Multiplier × Contract Face Value × Trading Price)
- Settlement Method: Settled in USDT, charged immediately upon execution.
Example:
- Using the BTCUSDT perpetual contract as an example (Contract Face Value = 0.01 BTC, Contract Multiplier = 1, BTC Price = 20,000 USDT).
- If Trader A is a Taker (0.05%), buying 100 contracts (1 BTC), Fee = 0.05% × (100 × 1 × 0.01 × 20,000) = 10 USDT
- If Trader A is a Maker (0.02%), Fee = 0.02% × (100 × 1 × 0.01 × 20,000) = 4 USDT
2. Coin-Margined Perpetual and Delivery Contracts
Fee Calculation Formula:
- Fee = Fee Rate × (Number of Contracts Traded × Contract Multiplier × Contract Face Value / Trading Price)
- Settlement Method: Settled in the Trading Currency, charged immediately upon execution.
Example:
- Using the BTCUSD perpetual contract as an example (Face Value = 100 USD, Multiplier = 1, BTC Price = 20,000 USD).
- Taker Fee = 0.05% × (100 × 1 × 100 / 20,000) = 0.00025 BTC
- Maker Fee = 0.02% × (100 × 1 × 100 / 20,000) = 0.0001 BTC
Liquidation Fee: Charged according to the user's current level taker fee rate.
Delivery Fee: A flat rate of 0.01% is charged, unaffected by the fee tier.
2. How to Determine Your Fee Tier
On the OKX platform, different user tiers correspond to different fee rates. Your tier is mainly determined by the following two factors:
- 30-day trading volume (in USDT equivalent)
- OKB (OKX platform token) holdings
Fee tiers are usually divided into: Regular User Tiers and VIP Tiers.
- Regular Users: Primarily determined by 30-day trading volume or OKB holdings.
- VIP Users: Suitable for high-frequency traders and institutional users, offering lower maker and taker fees.
Steps to check:
Log in to your OKX account.
Go to the "Fee Tier" page:
The system will automatically display your current tier (e.g., Lv1, Lv2, or VIP tier) and the corresponding fee rates. Users who cannot access the page can refer to the image below:
Tip: Increasing your OKB holdings or 30-day trading volume will automatically upgrade your fee tier, allowing you to enjoy lower trading fees and funding rates.
A leading global cryptocurrency platform,suitable for both beginners and experienced traders.
New user benefit: 20% off trading fees upon registration!！
3. Spot / Margin Trading Fees
Fee Formula
- Spot / Margin Trading Fee = Fee Rate × Quantity of the Cryptocurrency Bought or Sold at Execution
Calculation Example
Using BTC/USDT as an example (Current BTC Price 20,000 USDT):
Taker (0.1%):
Trader A buys 1 BTC at market price, Fee = 0.1% × 1 = 0.001 BTC, finally receiving 0.999 BTC.
Maker (0.08%):
Trader A sells 1 BTC via limit order, Fee = 0.08% × 20,000 = 16 USDT, finally receiving 19,984 USDT.
Negative Maker Fee Rebate Rule
When the maker fee is negative, the rebate will be returned in the trading currency:
Using BTC/USDT as an example:
- Sell 1 BTC via limit order, Rebate = 0.002% × 1 = 0.00002 BTC
- Buy 1 BTC via limit order, Rebate = 0.002% × 1 × 20,000 = 0.4 USDT
4. Options Fees
Fee Formula
- Options Trading Fee = Min(Fee Rate × Contract Multiplier × Contract Face Value × Number of Contracts Traded, 7% × Option Premium × Contract Multiplier × Contract Face Value × Number of Contracts Traded)
Example Explanation
Using BTCUSD options as an example (Contract Multiplier 0.01, Face Value 1 BTC, Option Premium 0.05 BTC):
Taker (0.03%):
Buy 100 call options, Fee = Min(0.03% × 0.01 × 1 × 100, 7% × 0.05 × 0.01 × 1 × 100) = 0.0003 BTC
Maker (0.02%):
Fee = 0.0002 BTC
Exercise Fee
Exercise Fee = Min(0.02% × Contract Multiplier × Contract Face Value × Number of Contracts Traded, Taker Fee Rate × Contract Multiplier × Contract Face Value × Number of Contracts Traded, 7% × Settlement Price × Contract Multiplier × Contract Face Value × Number of Contracts Traded)
- Same-day options (not expiring on Friday) have no exercise fee
- Only applicable to exercised options
Liquidation Fee
Liquidation Fee = Min(Taker Fee Rate × Contract Multiplier × Contract Face Value × Number of Contracts Traded, 7% × Mark Price × Contract Multiplier × Contract Face Value × Number of Contracts Traded)
Options Combo Trading Discount
Options combo trades can enjoy a fee discount of up to 50%
For any underlying asset, fees are only charged on the direction with the higher notional value
In multi-leg trades, only the legs that incur fees are counted towards trading volume statistics
A leading global cryptocurrency platform,suitable for both beginners and experienced traders.
New user benefit: 20% off trading fees upon registration!！
5. Spread Strategy Fee Discount
All spread strategy trade types enjoy a 50% discount on fees compared to the standard order table.
Summary
Through the above rules, OKX achieves a balance of flexibility and transparency in its fee system.
- Spot and Margin: Suitable for short-term and spot investors.
- USDT / Coin-Margined Contracts: Suitable for hedging and leveraged trading.
- Options: Targeted at professional traders, offering more complex strategy space.
If you need to stay updated on the latest fee rates and tier information at any time, we recommend bookmarking this page!
