What’s the trading fee for a MoonXBT perpetual contract?

MoonXBT perpetual contracts charge the taker a 0.075% trading fee and the maker a 0.025% trading fee.

The system classifies traders as market takers or market makers. Every executed order incurs a trading fee. 

• Market takers are traders who seek liquidity and take liquidity off the book immediately. The system charges these traders a taker fee. 
• Market makers, who provide liquidity and increase the market depth of the order book, are charged a maker fee. 

USDT Contract Formula: Trading Fee = Order Value × Trading Fee Rate

Order Value = Quantity × Executed Price

Example:

Trader A buys 1 BTC worth of contracts using a Market Order.

Trader B sells 1 BTC worth of contracts using a Limit Order.

Assuming the execution price is 20000 USDT:

The Taker Fee for Trader A = 1 × 20000 × 0.075% = 15 USDT

The Maker fee for Trader B = 1 × 20000 × 0.025% = 5 USDT

Hence, upon execution, Trader A will pay a 15 USDT Taker fee, and Trader B will pay a 5 USDT Maker fee.