Bitcoin Forum

Economy => Economics => Topic started by: saooesnamax on September 05, 2018, 11:00:34 AM



Title: BITMEX TRAIDING
Post by: saooesnamax on September 05, 2018, 11:00:34 AM
hi all
im new in traiding bitcoin
so i want to know more about fees
in bitmex i open fees page
i found
maker fee -0.0250%

Taker Fee  0.0750%
Long Funding  0.0100%

Short Funding  -0.0100%
Funding Interval every 8 hours

 i can not understand
what is maker fee ?
what is taker fee ?

why maker fee with - ? and taker fee with + ????

what is short and long funding??????


Title: Re: BITMEX TRAIDING
Post by: eaglewhite80 on September 05, 2018, 03:23:57 PM
Google search could have sufficed. This article should give you an understanding what they both stand for.
https://cryptocurrencyfacts.com/maker-vs-taker-cryptocurrency/
In layman's term, when your order isn't filled immediately and becomes a part of the order book, then you are a maker, but if your order is executed immediately based on the current price on the order book, then you are a taker.

Short and long funding - if you feel the market is going to be increasing in value and you buy a position then you are going into a LONG position whereas SHORT position is the other way round.