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FTX is planning to add Alt vs BTC markets soon (e.g. XRP/BTC futures). Currently all settlement on FTX is in USD. Should the ALT/BTC futures:
  • Settle in BTC
    72.8%
  • Settle in USD, quantosed
    9.6%
  • Settle in USD, live rate
    17.7%
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Ah the 0.02%? That's the maker fee for the lowest volume tier; it's paid to the exchange like taker fees are. (And then 1/3 is buy/burned in FTT each week.)