Did you know???
When trading Futures, the trading fee is calculated as:
Fee = Coin amount * Price * Fee rate
Assuming the fee rate is 0.04%, you place one Long order for 1 $BTC at a price of $50,000, the fee you’ll pay is 1 * 50,000 * 0.04% = $20.
When $BTC reaches $100,000, you place one order to close the Long, the fee you’ll pay is 1 * $100,000 * 0.04% = $40.
Understanding the actual costs helps you control your trades better.
