Fees are charged at the time of trade in the settlement currency of the product and shown as separate line items on your fills and statements.
Fee | Charged by | How it's calculated | When |
|---|---|---|---|
Exchange fee | Deribit | Per Deribit's published fee schedule (maker/taker rates; options fees are capped at a percentage of premium) | On each fill |
FCM broker fee | CFM | Basis-point rate on notional, per your fee schedule (standard 10 bps). For options, capped at 5% of premium. No cap on perps/futures. | On each fill |
NFA assessment fee | NFA (via CFM) | $0.02 per full lot; for a sub-lot trade, $0.02 if notional > $500, otherwise $0.01. One lot = one Deribit contract. | On each fill, incl. blocks |
Settlement / exercise fee | Deribit | Charged on in-the-money options at expiry (see Option expiry, exercise and delivery). Daily options are exempt. | At 08:00 UTC expiry |
Liquidation fee | Deribit | Applied to positions closed by the venue's liquidator | At liquidation |
Trading desk fee | CFM | Added on top of your broker fee for desk-executed trades (standard 5 bps) | On desk-executed fills |
Where to see your rates
Your FCM fee schedule, including Global Derivatives and trading desk rates, is in Prime under Settings > Billing > Plans & Fees. Rate changes are communicated via an updated fee schedule to your agreement.
Need help?
Contact your Coinbase Account Manager or email primeops@coinbase.com. See also Get help and notifications for derivatives.
Note: Derivatives on Coinbase Prime are offered by Coinbase Financial Markets, Inc. (CFM), a futures commission merchant registered with the CFTC and a member of the NFA.
Disclaimer: Trading futures and options involves substantial risk and isn't suitable for everyone. Only trade products you understand, after considering whether trading suits your experience, financial position and investment goals. Leverage can work for you or against you, and losses can exceed the amount you deposit.
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