Many brothers who trade contracts still don't know the horror of trading fees, and some even look down on this small amount of fees, not realizing that frequent trading fees can add up to a significant amount. Let me explain in detail how contract transaction fees are calculated:
Opening 1 large position, based on the current 90,000u:
The order placement fee is 0.02%
90,000 x 0.02% = 18u (order placement)
Many brothers prefer to close positions with one click, which incurs a taker fee. The taker fee is 0.05%
90,000 x 0.05% = 45u (taker exit)
This transaction, entering and exiting, incurs a total of 73u
For each transaction, the fee deducted is 73u. If you make 5 transactions a day, that’s 365u in fees.
In a month of 30 days, that totals 10,950u. With rebates, you can save at least a few thousand u in a month!
For brothers engaged in high-frequency contract trading and large positions,
your fee expenses can exceed your principal in just one month.
So, it is essential to open rebates; the fees you should reclaim must be reclaimed. If not, all fees go to the market.
With rebates, the transaction fees are returned to your own account, saving you at least tens of thousands of u in fees in a month.
More importantly, fee rebates apply not only to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract trading master, you can enjoy more trading rewards through rebates.
So, it is essential to open rebates; the fees you should reclaim must be reclaimed. If not, all fees go to the market.
With rebates, the transaction fees are returned to your own account, saving you at least hundreds in fees effortlessly.
