BitMEX FX Perps have the same maker and taker fees as all other derivatives contracts on BitMEX, starting at 0.050% for maker and 0.050% for taker. These fees can be reduced for VIPs that stake BMEX Tokens or attain higher 30-day trading volumes.
How do maker and taker fees work on FX Perps?
A maker order adds liquidity to the order book. It does not execute immediately. Instead, it rests in the order book until another trader matches it. Makers pay 0.050% per trade.
A taker order removes liquidity from the order book. It executes immediately against a resting order. Takers pay 0.050% per trade.
When is an order classified as maker or taker?
Maker: A limit order placed away from the current market price that enters the order book and waits.
Taker: A market order, or a limit order placed at a price that matches an existing resting order immediately.
How does this affect trading costs in practice?
On a $10,000 notional FX Perps position:
Maker: Pays $5.00 fee
Taker: Pays $5.00 fee