To enhance our options trading services, OKX will implement fee structure adjustments effective May 15, 2025, at 7:00 am UTC. These changes aim to optimize costs for traders while maintaining platform sustainability.
Key Fee Adjustments
| Parameter | Previous Formula | Revised Formula |
|---|---|---|
| Trading Fee | Min (Fee rate × Multiplier × Size × Contracts, 12.5% × Premium × Multiplier × Size × Contracts) | Min (Fee rate × Multiplier × Size × Contracts, 7% × Premium × Multiplier × Size × Contracts) |
| Exercise Fee | Min (0.02% × Multiplier × Size × Contracts, Taker fee tier × Multiplier × Size × Contracts, 12.5% × Settlement × Multiplier × Size × Contracts) | Min (0.02% × Multiplier × Size × Contracts, Taker fee tier × Multiplier × Size × Contracts, 7% × Settlement × Multiplier × Size × Contracts) |
| Liquidation Fee | Min (Taker fee tier × Multiplier × Size × Contracts, 12.5% × Mark price × Multiplier × Size × Contracts) | Min (Taker fee tier × Multiplier × Size × Contracts, 7% × Mark price × Multiplier × Size × Contracts) |
Notes:
- Daily options (non-Friday expirations) remain exempt from exercise fees.
- Exercise fees apply only to manually exercised options.
Why These Changes Matter
- Cost Efficiency: Reduced fee caps (12.5% → 7%) lower maximum trading costs.
- Competitive Edge: Aligns with industry standards for derivatives trading.
- Risk Management: Maintains balanced incentives for liquidity providers and takers.
👉 Explore OKX's updated fee schedule for real-time calculations.
FAQs
Q1: How will this affect my existing options positions?
A: The new rates apply to all trades executed after May 15, 2025. Existing positions will use previous fees if exercised before the effective date.
Q2: Are there fee differences between daily/weekly options?
A: Yes. Daily options (non-Friday expiry) have no exercise fees, while weekly options follow the revised fee structure.
Q3: Will Maker fees change under this adjustment?
A: This update focuses on Taker fees and liquidation costs. Maker fee structures remain unchanged.
Q4: How does OKX determine the "Min" fee calculation?
A: The system automatically selects the lower value between percentage-based fees and fixed-tier fees to benefit traders.
OKX remains committed to transparent pricing and continuous service improvements. For institutional traders, 👉 contact our VIP desk for customized fee arrangements.
Last updated: May 8, 2025