On the Gate platform, trading fees are only incurred when opening, closing, or reducing positions. No trading fees are charged when a pending order remains unfilled or is canceled. Trading fees are calculated based on the value of the position, regardless of leverage.
About Trading Fee Calculation
Trading Fee Deduction Rules:
- Trading fees are deducted from the position margin.
- Different rates apply for maker and taker orders, with specific rates based on the Gate Fee Rate Overview.
Definitions of Maker and Taker
Maker: When you place an order, and the order waits in the market depth to be filled, it is a “maker” order. This action helps increase market liquidity, so the trading fee is relatively low. Points cannot be used to offset maker fees.
Taker: When your order is immediately filled with a maker order in the market, it is a “taker” order. This reduces market liquidity, so the trading fee is higher. Taker fees can be offset with Points, calculated at a fixed rate of 0.075%, though discounts may apply depending on circumstances, with the rate going as low as 0.0225%.
Formula for Futures Trading Fee
Trading Fee = Position Value x (Maker/Taker Fee Rate)
Example:
- Market Order (Taker): User A executes a BTCUSDT contract with a market order value of 100 USDT. If User A’s VIP level is 10, with a corresponding taker rate of 0.03%, a trading fee of 100 x 0.03% = 0.03 USDT should be paid.
- Limit Order (Maker): User B executes a BTCUSDT contract with a limit order value of 100 USDT. If User B’s VIP level is 10, with a corresponding taker rate of 0.01%, a trading fee of 100 x 0.01% = 0.01USDT should be paid.
Tiered Fee Structure and Points Discounts
- Futures trading uses a tiered fee structure, where fees vary by user’s VIP level.
- Maker fees follow the tiered structure, while taker fees allow users to choose whether to use Points for deductions. If Points are available, they are deducted at a fixed rate of 0.075%, with the lowest combined rate down to 0.0225%; if not, fees are based on the user’s VIP level.
Notice
- When using Points, 1 Point = 1 USD, with USD price converted via the BTC_USD contract’s real-time index price.
- Detailed rates and VIP levels can be found on the Trading Fees page.
- Delivery contract fees:
- Maker: Fixed fee of -0.015%, no point card discount.
- Taker: Fixed fee of 0.016%, no point card discount.
- Delivery fee: 0.015%, no funding cost settlement.
- Fee formula: Fee = Position value × Fee rate.
Gate reserves the final right to interpret the product.
For further assistance, please visit the Gate official support page or contact our customer support team.
