edeng23 / binance-trade-bot

Automated cryptocurrency trading bot
GNU General Public License v3.0
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Add Support USDⓈ-M Futures Trading for Lower Fee Rates #239

Open bobwng opened 3 years ago

bobwng commented 3 years ago

Considering below facts:

  1. USDⓈ-M Futures Trading Fee Rate is only 0.0200%/0.0400% compare to 0.1000% / 0.1000% for regular fee rates
  2. USDⓈ-M Futures Trading supports almost all the coins in current default coin list except a few coin types like BTT
  3. The risk is same to current coin-to-coin trading if we use 1x leverage

I'd like to suggest that support USDⓈ-M Futures Trading for lower rates.

P.S. Here are the fee rates:

edeng23 commented 3 years ago

Cool, I'll take a look into it.

idkravitz commented 3 years ago

The periodic funding should be also taken into account. It depends by the sign (positive or negative) of funding if you'll be charged or you'll be paid after each X hours

idkravitz commented 3 years ago

And since it is easier and maybe even right to implement it via long positions you'll be charged by funding quite often. Especially if you stuck on some coin