You pay to open and close
The opening fee covers just the entry. Closing the position also has a trading fee. Your exit may use a different rate or position value, so the final charge can differ from this estimate.
Multiply each trade’s position value by its fee rate. Add opening and closing fees, then add funding paid or subtract funding received.
Calculate your costs ↘Independent tool · No account needed
ESTIMATE YOUR POSITION COSTSUse this for linear futures and perpetual contracts. Start with a UAE account fee snapshot from 24 September 2026, then check your own contract and rates. Funding is an editable example, not a current quote.
Opening and closing fees use their respective position values. A blank closing value uses the opening value. Funding assumes the opening position value and a constant rate for every settlement. The rebate assumes eligibility on both trading fees. Real entry, exit and funding values can differ. Funding itself is not rebated. Excludes spread, slippage, liquidation charges and price profit or loss. Coin-margined and inverse contracts require their own formulas.
OPENING, CLOSING AND FUNDING
A closing execution can have a different value from the opening trade. Enter each value separately to estimate both fees. Leave the optional closing value blank to use the opening value.
Illustration: opening value $10,000 at 0.05% costs $5. Closing value $12,000 at 0.05% costs $6. Trading fees total $11. If one funding settlement costs $1, the estimate is $12 before any eligible rebate. A confirmed 20% rebate on the trading fees returns $2.20, leaving $9.80 including that funding payment. These rates are examples, not account quotes.
The funding estimate holds the opening value and rate constant. Actual funding uses the value and rate at each settlement, so this tool does not reconstruct a changing position or its settlement history. Linear contracts only; this is not an inverse-contract, liquidation or trading-profit calculator.
Method reviewed 24 October 2026 against the official OKX opening and closing fee explanation. Fee presets remain the dated UAE account snapshots from 24 September 2026.
Calculate opening and closing fees from position value and the applicable rate. Add funding paid, subtract funding received, then subtract any eligible trading-fee rebate.
The opening fee covers just the entry. Closing the position also has a trading fee. Your exit may use a different rate or position value, so the final charge can differ from this estimate.
For a perpetual contract, count the funding settlements that apply while you hold it. You may pay or receive funding, and both its rate and settlement interval can change.
Apply a rebate only to fees covered by your offer. It won’t reduce funding or your exposure to market movements.
Using the OKX UAE taker rate shown in the snapshot, an unchanged $10,000 position with 0.25% opening and closing fees incurs $50 in trading fees. If an eligible 20% rebate applies to both fees, it returns $10. With an example positive 0.01% funding settlement, a long pays $1 and a short receives $1. Net fees and funding are $41 for the long or $39 for the short, before other costs and market movements.
The FUTURESFEES invitation offers 20% back on eligible OKX trading fees. Check that your account and the contract you trade qualify before adding it to the calculator.
Affiliate links: we may earn commission from eligible trading. Confirm country, account and product eligibility. Offers are not promoted to US or European residents.
Confirm that your account and contract qualify for the offer shown on OKX.
View OKX offer ↗Already registered? Open the OKX account-linking page and enter DXB20. Eligibility depends on your referral history and region; check the result shown by OKX.
Already on OKX? ↗Creating an account on Android? Start with the sign-up link on this page and check that your referral code is shown.
Android sign-up informationCompare your actual futures maker and taker rates. A lower base rate may matter more than a larger rebate. Confirm the benefit shown with FUTURESFEES on Binance.
Check Binance’s offer ↗Choose a Binance USDT futures preset, then replace the dated example rates with your own account rates. Enter the position value, opening and closing fee rates, funding and any confirmed rebate. Enter a different closing position value if needed; leave it blank to use the opening value.
Yes, for a linear contract estimate: select My own rates and enter your Bybit opening and closing fee rates. Set the rebate to zero unless your account confirms one. Enter the funding rate, direction and periods. This is not an inverse-contract or options calculator.
No. It uses the rates you enter and does not apply a Bybit referral code, promo code or signup bonus. Check any invitation and reward terms directly on Bybit before creating an account.
Multiply each trade’s position value by its fee rate. Add opening and closing fees, then add funding paid or subtract funding received.
No. Entry and exit can have different position values, maker or taker rates and fee tiers. Calculate the opening and closing fee separately.
Linear futures fees use the full traded position value. A $10,000 position at a 0.05% fee costs $5 for that execution, regardless of the margin used.
Yes. A negative funding cost in this calculator means you receive funding. It reduces the estimated cost but does not establish a trading profit.
There is no single cheapest exchange for every account and contract. Compare matching futures products using your trading rates and funding costs.
It is a referral code associated with an eligible trading-fee rebate on OKX. New users follow the invitation; existing users use the separate linking route. Check the product-specific benefit directly on the exchange.
Fee presets: logged-in OKX UAE Futures and Binance UAE USDⓈ-M USDT fee screenshots, 24 September 2026. Read Funding payments explained and Read fee explanation. Net estimate = (opening value × opening rate ÷ 100 + closing value × closing rate ÷ 100) × (1 − rebate ÷ 100) + signed funding cost. Funding cost uses opening value × funding rate ÷ 100 × settlement periods, with the direction setting determining whether you pay or receive. The presets are dated account snapshots. Funding and position size are examples. Check your own rates before relying on the estimate.