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Futures Trading Fees, Limits, and Rules

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Futures Trading Fees, Limits, and Rules 


 

Futures Trading Fees

IMBX applies competitive trading fees designed to support active traders. Below is a breakdown of the main fee structures:

1. Maker and Taker Fees:

  • Maker Fee: As a market maker (placing limit orders that add liquidity), you benefit from lower fees. The standard maker fee is 0.02%.
  • Taker Fee: As a taker (placing market orders that remove liquidity), the fees are slightly higher. The standard taker fee is 0.05%.

2. Funding fees

The funding fee is a periodic payment exchanged between traders to align the contract price with the underlying spot price in perpetual contracts.

  • Paid between traders: The exchange does not collect funding fees; they are directly exchanged between long and short positions.
  • Charged every 8 hours: Funding occurs at 00:00 UTC, 08:00 UTC, and 16:00 UTC.
  • Funding Fee = Position Value × Funding Rate
  • Position Value: The Position Value of the position, determined by the contract quantity multiplied by the entry price.
  • Funding Rate: The Funding Rate indicates which side pays the fee, a positive rate means long traders pay short traders, while a negative rate means short traders pay long traders.

3. Leverage and margin impact on fees

  • Higher leverage increases the position value, which directly affects both transaction costs and funding fees.
  • Trading fees and funding fees are charged on the Position Value, not the margin.

Futures Trading Limits

To ensure a fair and efficient trading environment, IMBX enforces the following limits:

1. Minimum Order Size

The minimum trade size varies by contract and trading pair: Examples:

  • BTC/USDT (USDT-M Futures): 0.0001 BTC
  • ETH/USDT (USDT-M Futures): 0.01 ETH

2. Leverage Limits

IMBX supports varying levels of leverage, depending on the futures contract:

  • USDT-M Futures: Up to 125x leverage

For more detailed information, refer to the Futures Details on the IMBX website.

Key Futures Trading Rules

1. Account Requirements

  • KYC Verification: Users must complete at least Level 1 Know Your Customer (KYC) verification to unlock unrestricted trading features.
  • Futures Wallet: Ensure you have sufficient funds in your Futures Wallet before placing any trades.

2. Supported Futures Contracts

  • View all available contracts in the Futures Trading section.

3. Trading Mechanism

  • Orders are matched in real-time via the Order Book.

4. Liquidation Mechanism

  • Liquidation occurs if your Margin Risk Ratio reaches the Liquidation Risk Ratio.
  • Any remaining collateral after liquidation is returned to your account.

5. Trading Restrictions

  • Certain contracts or trading pairs may have regional restrictions based on regulatory requirements. Verify the availability of your desired contract before trading.


 

FAQs

  1. What is the default fee rate for futures trading?
    The default Maker fee is 0.02%, and the Taker fee is 0.05%.
  2. What is the minimum trade size for futures trading?
    The minimum trade size depends on the contract. For example, BTC/USDT (USDT-M Futures) requires 0.0001 BTC.
  3. What happens if my position is liquidated?
    When liquidation occurs, your position is closed automatically, and any remaining collateral is returned to your account.
  4. Are there any regional restrictions for futures trading?
    Certain trading pairs may have regional restrictions due to regulatory requirements. Verify availability in your region before trading.


 

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