How are Binance futures fees calculated?

Binance users can calculate their trading fees with just a few values, including their entry and exit prices, contract quantity, and fee rate. The equation is calculated as follows: Fee to Open = (Contract Quantity x Entry Price) x Trading Fee Rate . Fee to Close = (Contract Quantity x Exit Price) x Trading Fee Rate .

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How are funding rates calculated?

The Funding Rate is next calculated with the N*-Hour Interest Rate Component and the N*-Hour Premium / Discount Component . A +/-0.05% dampener is added. Hence, if (I – P) is within +/-0.05% then F = P + (I – P) = I. In other words, the Funding Rate will equal the Interest Rate.

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