Many brothers who trade contracts still do not know the horror of transaction fees, and even look down on this little fee. Little do they know that frequent trading fees can also add up to a significant amount. Let me explain in detail how contract transaction fees are calculated:

Spot trading fee: Position value × Fee rate

Trader Xiao Yu purchased 1 Bitcoin worth 40,000u in spot trading.

The fee incurred for the purchase is 40,000 × 0.1% = 40u.

The fee for one transaction (buy and sell) is 80u.

Contract trading fee: Position value × Fee rate

Trader Xiao Yu thinks the spot trading fee is too high and is preparing to change investment strategies (it is usually not recommended to jump straight into contracts), so he tries it out in contracts.

Using 400u with 100x leverage to buy 1 Bitcoin worth 40,000u, the current position value is 40,000u.

The fee incurred for a limit order buy is 40,000 × 0.02% = 8. A limit order requires manually setting the entry and exit points.

The fee incurred for a market order buy is 40,000 × 0.05% = 20. A market order is when the system automatically enters (the system will enter at the current best price).

The fee for one transaction (buy and sell) is 16-40.

(The above is just an example, do not imitate!!!)

Compared to spot trading, the fees charged for contract trading are indeed lower, but the risks are much higher.

At this point, the advantage of fee rebates becomes apparent. Through rebates, you can get back a portion of the fees, which is equivalent to saving money.

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 master, you can enjoy more trading returns through rebates.

Therefore, it is essential to enable rebates. You should reclaim the fees that can be reclaimed; otherwise, they all go to the market.

Once the rebate is enabled, the fees are returned to your own account, saving you at least a few hundred in fees each month, and it's quite easy.