How are exchange contract fees calculated? Many people may not understand how fees are calculated. Even though the account shows a profit, when the position is closed, the account funds are actually less. This article will introduce how the fees in perpetual contracts are calculated and how to reduce them.
Different platforms, different rates, different rules
As can be seen in the figure, the U-standard contract fee rates are 0.02% for Maker (limit price) and 0.05% for Taker (market price).
Buy a Bitcoin worth 50000u, the leverage is 100 times, and the opening capital is 500u
For a transaction (buy and sell), the fee for using the limit price is 20u, and the fee for using the market price is 50u
The transaction volume is cumulative. If the transaction volume is 10 million, the handling fee is 2000-5000u, which is still a large proportion of the transaction fee.
The method of reducing it can also be seen in the above picture. Holding BNB can deduct 10% of the handling fee, or upgrade the VIP level, but this seems not very cost-effective.
Another method is to fill in the invitation code. The invitation code can only be filled in when registering, but it can be operated
Before filling in the invitation code, you must first understand the ratio and cycle
