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Crypto - Module 3

What trading crypto costs

Maker-taker fees, spreads by venue and pair, perpetual funding paid or received every eight hours, and withdrawal costs. Funding can silently exceed the spread - this module makes it visible. Perpetual mechanics beyond cost land in module 8.

9 lessons, about 54 minutes

  1. 1Maker-taker fees6 min
  2. 2Spreads, by venue and by pair6 min
  3. 3Withdrawal and transfer costs5 min
  4. 4Perpetual funding, explained7 min
  5. 5When funding exceeds the spread6 min
  6. 6The spot holder's real cost6 min
  7. 7Slippage on fragmented, uneven books6 min
  8. 8The hidden costs of yield6 min
  9. 9The all-in cost of one crypto position6 min