💰💰Does everyone know what the biggest cost in the trading process is? That's right, it's the transaction fee.
For example, if you open a large position of 1000u with 100x leverage, entering and exiting at market price (limit price 0.2% and market price 0.15%)
Position value = Principal × Leverage
100000 = 1000 × 100
Transaction fee = Position value × Fee rate
100 = 100000 × 0.1%
Each opening and closing transaction incurs a fee of 100U; if we calculate one transaction per day, the monthly fee would be 3000U,
and in a year, it adds up to 36500U.
Of course, the actual situation is definitely not calculated this way; this is just to better understand the importance of transaction fees.
Isn't it quite exaggerated? To be honest, for those of us who trade contracts, we probably open positions frequently every day, so you can calculate how much you’ve spent on transaction fees!!!
Therefore, a good rebate is necessary: on one hand, a favorable ratio to offset some transaction fees; on the other hand, clear data display for verification, so that one can use it with peace of mind. Thirdly, stability and continuous returns.
