When the leverage multiple of the position is large, how much can the transaction fee account for the principal?

Based on the formula and values in the diagram below, let's do some calculations.

If this user trades at the market price, opening and closing the position.

Transaction fee expense = 47063.44 × 0.05% × 2 = 47.063U.

Because this user has high leverage, the transaction fee accounts for 12.5% of the principal.

In the chart below, the user's profit quickly approaches 1000%. Please do not be envious; you can see that the opening price and liquidation price only differ by 24U. This is the risk they have taken on.

From this, it can be seen that with a high leverage multiple, the value of the position becomes greater, and the proportion of transaction fee expenses to the principal increases.

As long as there is trading, transaction fees will be incurred. High-frequency short-term contract fees can be considerable, but fortunately, there are reductions available.

1. Rebate: When registering an account, fill in the invitation code. You can enjoy a reduction in transaction fees, which is based on the actual transaction fees incurred by the user, returned proportionally. (Transaction Fee)

2. BNB Deduction: Transfer enough BNB to the corresponding account to cover transaction fees, and you can enjoy a 10% discount on contract transaction fees and a 25% discount on spot transaction fees. (Fee Rate)

3. VIP Level: Upgrading the platform's VIP level can gradually reduce the fee rate. (Fee Rate)#手续费 #手续费返佣