A brief introduction:

In futures contract trading, the transaction fee is determined by your actual position size;

If you have 100u and conduct short-term market trades on an exchange with a fee of 0.05%;

When you choose a 1x leverage with isolated margin: each opening and closing trade volume is 100u, then a complete transaction requires a fee of 0.1u;

When choosing 10x leverage: a complete transaction requires a fee of 1u;

When choosing 100x leverage: it requires 10u in fees, which accounts for 10% of the principal...

Therefore, the transaction fees for 100x leverage and 1x leverage are primarily determined by your specific trading volume.

When choosing the full margin mode, although it carries 100x leverage, if you still only open a position worth 100u, then the transaction fee remains 0.1u.

This is why I suggest everyone not to exceed 5x leverage at any time, because increasing leverage not only increases risk but also adds to the wear and tear costs;

This is especially true for most friends who enjoy short-term trading. Originally, the profit margin is only 0.5%, but with 10x leverage, whether taking profit or cutting losses, you have to bear a fixed cost of 1%, meaning that if you take profit, you only have a 4% gain, and if you cut losses, you add another 1% in loss.

The more frequently you trade, the more you need to be wary of the invisible wear and tear caused by transaction fees;

Don't believe it? Check your account statements and calculate the proportion of transaction fees!