Getting Started2026.09.26
Understanding Trading Fees, Slippage, and Funding Rates
Maker fees, taker fees, spreads, and funding rates together decide what a trade really costs.
- Separate maker from taker fees — limit orders are usually cheaper.
- Treat the bid-ask spread as a hidden cost; it dominates on thin pairs.
- Holding perpetuals means paying or receiving funding every few hours.
- Fold token discounts and VIP tiers into the calculation to get your real rate.
