Newbies are still asking how to make money, while experienced players are thinking about how to save money
If the position shows a profit, why would there be a loss after closing it? Many people may have this question
The reason for this situation is that both opening and closing positions require fees
No matter which exchange you trade on, you need to understand the exchange's fee rates first. Different trading modes and order types will have different fee rates
You can see that Binance's USDT-based contract trading fees are 0.02% for limit orders and 0.05% for market orders. The fee for one transaction calculates to 0.02% for limit orders and 0.1% for market orders
All rates are calculated based on the position size, and the chart shows a position size of 24487u
If all transactions are at market price, the fees generated would be 24487 × 0.1% = 24.487u
Ps. The leverage multiplier is just a tool to amplify the principal; the larger the position size, the higher the fees generated
The fee for one order is about 25u; if you only place 3 orders a day, that's over 2200u in a month. If there's a fee rebate, you get back over 700 on top of that 2200u. Isn't that great?
Everyone can check how much their fees are
Of course, in addition to the fee rebate, holding BNB can also be used to offset fees, but it needs to be transferred to the contract account to be used for offsetting
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