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Standard Futures | FAQs on Fee Schedule & Max. Profit Ratio

Trading Made Easy
  • Updated
| Guide
1. Fee Schedule
1.1 Spread
1.2 Trading Fee 
1.3 Funding Rate
2. Max. Profit Ratio

 

1. Fee Schedule

1.1 Spread

1. The spread depends on the Long to Short Ratio. If long positions > short positions, the spread of buying will be larger, and vice versa.

2. Calculation Method
When there is a spread in the long position, Long Price = Current Price * (1 + Spread Ratio);
When there is a spread in the short position, Short Price = Current Price * (1 - Spread Ratio).

3. The spread ratio will be adjusted dynamically based on the change in market depth.

Pair Spread Ranges
BTC/USDT 0.02% ~ 0.1%
Others 0.02% ~ 0.2%

Reminder: The spread ranges shown above are only for reference. During extremely volatile market conditions, the spread may be larger than the examples listed in the table above.

Trading Fee for Standard Contract

Please note: The spread of orders placed by the copy trader and followers will be adjusted according to the market depth consumed by the total position size of all copied orders under the same trader.

5. Operations of position opening/ closing and TP/SL need to consume market depth (especially high-frequency trading, large orders require more depth). Thus, when the market depth is insufficient, orders will be traded at the actual price corresponding to the consumed market depth. The system does not guarantee that orders will be filled with the current mark price or the preset TP/ SL price.

1.2 Trading Fee

1. Trading Fee Rate: 0.075% (The current fee rate is discounted as 0.045%.)

Calculation Method: Trading Fee = Trade Volume * Trading Fee Rate (One-Time Charge)

The Trading Fee for Standard Futures is recorded when opening a position and deducted when closing a position.

1.3 Funding Rate

1.DEFINITIONS

Funding fees are exchanged and settled between the long and short positions every 8 hours. If the funding rate is positive, long position holders shall pay funding fees to short position holders, and vice versa. If the funding rate is positive, your position will be charged for funding fee; When the funding rate is negative, you can get a fee reward.

2. Funding Timetable

Funding fee settlement occurs every 8 hours at 0:00, 8:00, and 16:00 (GMT+8). Users can find the cumulative funding fee for an order on the “ Position” page. The funding fee will be settled when closing a position.For orders in Isolated Margin mode, Funding Rate/Fee will be settled when closing a position;For orders in Cross Margin mode, the funding fees will be settled at the funding occurring time. (There might be a 1-3 minute delay of settlement at the funding occurring time, before which, if orders in Isolated Margin mode are closed, no new settlement will occur. Orders in Cross Margin Mode will be settled at the funding occurring time)

3. Calculation Method

Funding Fee = Total Trading Volume * Funding Rate * Direction (If the funding rate is negative, you will receive a funding reward)
The funding rate is calculated by the platform at the time of deduction.
The direction is defined as 1 for long positions and -1 for short positions.
4. Non-digital currency instruments such as global indices, foreign exchange, commodities, etc., will have a different lending rate for long and short positions according to the market. Therefore, the absolute value of the funding rate for long and short positions is different. (This rule is consistent with the international market)

 

2. Max. Profit Ratio

2.1 Isolated Margin Mode and Cross Margin Mode

Isolated Margin: For BTC/USDT trading, the maximum profit rate of a single contract trade is 2000%, and for other trading pairs the maximum profit rate of contract trading is 1000%.If the profit rate exceeds the maximum, the system will take over your position and close your position at the maximum profit rate.

Cross Margin Mode: The max. profit ratio for a Cross Margin trade is 2,000 % of the fund in the user's Standard Futures Account or the position margin (whichever is larger). When the profit ratio reaches the maximum, the system will take over your position and close your position at 2,000 % of the account fund or the position margin.

Note: 1. The account fund here refers to the user's settled equity. Account Fund = Net “Transfer-In” Funds + Settled P&L and Fees. 2. When the max. take profit is triggered, no matter how much the actual profit of the current position is, it will actually be settled and issued to your account at the max. profit ratio - 2,000%.

2.2 Examples
Example 1:

If you transfer 1,000 USDT into the Standard Futures Account, yet suffer a loss of 200 USDT after trading. You will be left with 800 USDT account funds. Then you use 100 USDT to open a BTC/USDT trade. When the unrealized P&L in your account reaches 2,000% of 800 USDT (16,000 USDT), your opened position will be closed at the max. profit ratio.

Example 2
① If you transfer 1,000 USDT into the Standard Futures Account, your account funds will be 1,000 USDT. Then you spend 100 USDT to buy Long with the BTC/USDT trading pair and another 100 USDT to buy Short. ② The Long position profits 1,500 USDT while the Short position loses 1,500 USDT; the total unrealized P&L is 0; the net asset value (NAV) is 1,000 USDT; the available margin is 800 USDT and the position margin is 200 USDT.
③ The Short position with 1,500 USDT loss is closed; the NAV is still 1,000 USDT; the available margin is 800 USDT, and the position margin is 200 USDT; the unrealized P&L is 1,500 USDT. Due to a deduction of -1,500 USDT when closing the position, and that the initial account fund is 1,000 USDT, the actual account fund is -500 USDT.

Max. Profit Ratio: 2,000 % of the account fund or the position margin (whichever is larger) in the user's Standard Futures Account. Considering that the position margin is larger, the max. take profit will be triggered when the profit ratio reaches 2,000% of the position margin. The current unrealized P&L is 1,500 USDT.Considering that the current unrealized P&L is 1500 USDT,  the profit will increase by 500 USDT, the Max. 

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