Futures Trading Fees (Assuming Fixed Fees)
Fees on Cosmic are calculated based on the Notional Size:
Notional Size = Spot Price × Quantity
Example:
BTC Price = $26,200
Quantity Traded = 0.3 BTC
Notional Size = 26,200 × 0.3 = $7,860
Assumed Futures Trading Fees:
- Taker Fee: 0.05% of Notional Size
- Maker Fee: 0.02% of Notional Size
Maker orders have lower fees because they provide liquidity to the market.
Futures Trade Example:
Trade: Buy 0.3 BTC Futures Contracts
BTC Price = $26,200
Quantity = 0.3 BTC
Notional Size = $7,860
Fee Calculation:
- Taker Order Fee: 0.05% × 7,860 = $3.93
- Maker Order Fee: 0.02% × 7,860 = $1.57
The same fee calculation applies to both BUY and SELL futures orders.
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