If you are trading high-frequency contracts, you may not even be aware of the existence of transaction fees, or you might not think much of these costs. However, frequent trading fees can even exceed your principal, which can be a significant expense.
Open the Binance APP -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Trading Fees, and you can see your transaction fees for the past year. For high-frequency contract traders with large positions, your transaction fees exceeding your principal could happen in just a month.
Therefore, you must enable rebates; you should reclaim your transaction fees. If you don’t enable rebates, all of it goes to the market. By enabling rebates, the transaction fees are returned to your own account, saving you at least a few hundred to a thousand U in fees each month.
Save where you can, spend where you must, and save money to buy yourself a Panamera!