What Does a Crypto Trade Really Cost?
Put execution fees, spread, slippage, funding, conversion and withdrawal costs into one calculation.
The Headline Fee Is Not the Total Cost
A round trip usually pays an execution fee on both entry and exit. Marketable orders also cross the spread and may slip. Fiat purchases can include payment or conversion costs, while withdrawals add venue or network fees. Compare the full round trip.
Futures Add Carrying Cost
Perpetual futures add recurring funding to entry and exit fees. The longer the holding period, the more material funding becomes. A backtest that deducts one fee but ignores funding and slippage can materially overstate results.
Calculate Your Own Scenario
Use your trade size, monthly frequency, spot or futures, maker/taker mix and rebate eligibility to compare monthly and annual costs. Treat the result as an estimate and verify official tiers, token discounts and campaign terms before trading.
