Use this free BitMEX calculator to work out your fees & profit/losses on BitMEX.
Popular BitMEX Alternatives
Below you will find some popular BitMEX alternatives. By using the links provided you’ll get discounted trading fees. We think that BitMEX fees are fairly high, and it is worth checking out some of the other exchanges.
What is the BitMEX Calculator?
The BitMEX Calculator is a simple calculator for working out user-specific trading fees & profit/loss for Bitcoin & Ethereum perpetual contracts for the BitMEX cryptocurrency derivates exchange.
What is BitMEX?
BitMEX is a trading platform that offers leveraged contracts created and settled in Bitcoin only.
BitMEX Calculator Terms
Entry Price: the price at which you enter the position
Exit Price: the price at which you exit the position
Trade size: the XBT margin on the trade (what you are using to trade with)
Leverage: the leverage on your position
Fee Rate: the Fee Rate for your trade
BitMEX Fees Explained
BitMEX fees are slightly more complex than other exchanges as they are calculated using the notional value of the trade, not the actual cost.
BitMEX fees for the XBT & ETH perpetual contracts are 0.025% for maker orders (providing liquidity) and 0.075% for taker orders (taking liquidity)
For example; say you open a (taker) trade which costs 0.1 XBT on the XBT perpetual contract with 100x leverage, you are paying fees on the total notional value of that trade which would be 10 XBT, that means that per trade, you will be paying 0.0075 XBT
((0.1 XBT x 100) x 0.075) /100 = 0.0075 XBT
How does the BitMEX Calculator work?
The BitMEX Calculator uses a series of complex equations using trade cost, leverage and the order type.
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