The LBank Futures Trading Fee

Maker Fee

0.02%

Taker Fee

0.06%

 

What is a Maker?

When you place an order that goes on the order book partially or fully, such as a limit order, any subsequent trades coming from that order will be as a “maker.”

These orders add volume to the order book, helping to "make the market," and are therefore termed the "maker" for any subsequent trades.

What is a Taker?

When you place an order that trades immediately before going on the order book, either filling partially or fully, those trades will be "taker" trades.

Trades from market orders are always Takers, as market orders can never go on the order book. These trades are "taking" volume off of the order book, and are therefore called the "taker."

How to Calculate Trading Fee?

Fee Formula:

Trading Fee = Notional Value × Fee Rate

Notional Value = Number of futures × Execution Price

 

Example：

A user places a market order to buy BTC/USDT futures.

BTC Current Price

80,000 USDT

Amount

0.2 BTC

Notional Value = Number of futures × Execution Price

                        = 0.2 x 80,000 

                        = 16,000 USDT

Trading Fee = Notional Value × Fee Rate

                    = 16,000 x  0.06% 

                    = 9.6 USDT

 

Later, the user places a limit order to sell the futures at 90,000 USDT/BTC.

BTC Selling Price

90,000 USDT

Amount

0.2 BTC

Notional Value = Number of futures × Execution Price

                        = 0.2 x 90,000 

                        = 18,000 USDT

Trading Fee = Notional Value × Fee Rate

                    = 18,000 x  0.02%

                    = 3.6 USDT

 

How to Check Your Trading Fees?

Web

1. Log in to the LBank web and tap [Futures] .

 

2. Tap [Transaction History] from  the positions section. Navigate to view the trading fees for each transaction.

 

App

  1. Log into LBank App and tap [Futures] at the bottom.

  2. Tap the icon [Transaction History] ,  navigate to [Filled] and check the fees for each transaction.

Note

Trading fees may change anytime. For detailed fee information, please refer to:

「 LBank Trading Fee 」

 

Still Need Help?

If you have further questions or cannot resolve the issue, please visit the LBank official website (https://www.lbank.com) or contact our support team at service@lbank.com. We are committed to providing you with a secure and seamless trading experience!