The transaction fee is the most intuitive way to save money directly. Just talking about it doesn't have much impact, but doing the math makes it clear:
Let me take 1000U as an example: Binance's contract maker fee rate is 0.05%. If I open a 100x position with 1000U as the principal, the transaction fee for one trade is 1000 * 100 * 0.05% = 50U, which means that opening and closing a position costs 100U in total.
Anyone who has traded contracts knows that it's quite normal to open positions several times a day. Let's calculate based on opening and closing positions 3 times a day, which would amount to nearly 10,000U in fees over a month.
If you trade contracts long-term, opening a position of 1000U each time would result in transaction fees of 108,000U in a year, equivalent to around 800,000 RMB.
Feel free to recommend this to friends around you, especially those who frequently trade contracts. It's very necessary; for high-frequency traders, saving the equivalent of a SU7 in a year is significant.
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