BitMEX Commodities Perps charge a flat fee of 0.05% for both maker and taker orders across all commodity contracts. All fees are denominated and deducted in USDT at the point of execution. The fee schedule applies to every commodity perps trade executed on the platform.
| Contract | Underlying | Maker Fee | Taker Fee |
|---|---|---|---|
| WTIUSDT | WTI Crude Oil | 0.05% | 0.05% |
| BRENTUSDT | Brent Crude Oil | 0.05% | 0.05% |
| XAGUSDT | Silver | 0.05% | 0.05% |
| XAUtUSDT | Tether Gold | 0.05% | 0.05% |
To view the full list of TradFi Perps contracts, click here.
Both maker and taker orders are charged identically, which simplifies cost planning for traders regardless of execution strategy. The fee applies to the notional value of the trade, not the margin deposited.
How do the fees work in practice?
The 0.05% fee is charged on the notional value of the position at the time of execution. Here is how costs break down on a sample trade:
Example: 1,000 USDT notional position
- Opening trade (maker or taker): 1,000 x 0.05% = 0.50 USDT
- Closing trade (maker or taker): 1,000 x 0.05% = 0.50 USDT
- Total round-trip cost: 1.00 USDT
For a trader using 25x leverage on a WTIUSDT position, the 1,000 USDT notional requires only 40 USDT in margin (4% initial margin).
Traders who hold positions for longer periods should also factor in funding rate costs, which are exchanged every eight hours between long and short position holders.