It sounds like you’re encountering unexpectedly high cost when trading $HYPER perpetual futures—and the culprit is almost always a combination of transaction fees (maker/taker) and funding fees. Here’s how it breaks down and why it might feel like a hidden “trap”:#BTCBreaksATH #MemecoinSentiment #USCryptoWeek #TradingStrategyMistakes #BinanceHODLerLA

🔍 1. Transaction Fees (Maker/Taker)

These are charged when you enter and exit a position, based on its notional size, not just your margin.

E.g., a 0.06% taker fee on a ₹10,000 notional position costs ₹6.

You pay this twice—opening and closing—so it doubles. Frequent trades can accumulate into a substantial expense .

⏱ 2. Funding Fees on Perpetuals

Perpetual contracts like HYPER/USDT use a peer-to-peer funding mechanism every interval (typically 4 hours on HYPER):

If longs > shorts, funding is positive → longs pay shorts.

If shorts > longs, funding is negative → shorts pay longs.

's not a platform charge—it's internal payments between traders .

Important: Funding is based on the nominal (notional) position value, not the margin—so leverage magnifies it. For example, at 10× leverage, a ₹100 funding-fee charge on ₹10,000 notional hits your margin hard .

🕒 3. Hidden Timing and Leverage Effects

If you hold a leveraged position over multiple funding intervals, fees accumulate fast.

If you take profit before exit but cross a funding snapshot—your net balance may still go down due to funding deductions .

💡 So Why Is It Eating Your Profit?

1. High notional size + leverage → even small percentage fees translate to big ₹ charges.

2. Two sets of fees: transaction plus funding.

3. Frequent funding snapshots (every 4h) means even a single position held through one snapshot gets dinged—even if you're in profit.

✅ What You Can Do About It

Time your entries/exits to avoid crossing a funding snapshot. (E.g., close position shortly before 00:00, 04:00, 08:00 UTC.)

Use lower leverage or smaller position sizes to reduce funding exposure.