In futures contract trading, fees are determined by your actual opening volume;
If you have 100u and conduct short-term market price trading at an exchange with a fee of 0.05%;
When you choose isolated margin with 1x leverage: if each opening and closing transaction volume is 100u, then completing a full transaction requires a fee of 0.1u;
When choosing 10x leverage: a single transaction requires a fee of 1u;
When choosing 100x leverage: the fee is 10u, which accounts for 10% of the principal...
So, the fees for 100x leverage and 1x leverage mainly depend on your specific trading volume.
When choosing the full position mode, although you have 100x leverage, if you still only open a position worth 100u, the fee will still be 0.1u.
This is why I advise everyone not to exceed 5x leverage at any time, because increasing leverage not only increases risk but also adds to the wear and tear costs;
This is especially true for most short-term trading enthusiasts. The profit margin is only 0.5%, and with 10x leverage, whether it's taking profit or cutting losses, you have to bear a fixed expense of 1%. This means that for taking profit, there's only a 4% gain, and for cutting losses, you have to add 1% loss.
The more frequently you trade, the more you need to be wary of the invisible wear and tear caused by fees;
Don't believe it? Go check your account's transaction history and calculate the proportion of fees!
