How are Fees Calculated?

BiKi Perpetual Contracts - How are Fees Calculated
BiKi Perpetual Contracts – How are Fees Calculated

For example of Bianca taking position with Market Order of 100 USDT with 50x leverage = 5,000 USDT in value

Open position (fee charged) = 5000 * 0.06% = 3USDT

Close position (fee charged) = 5000 * 0.06% = 3USDT

Therefore, with 100USDT at 50 times leverage, the fees for opening and closing the position will generate a total fee of 6 USDT

Refer here to Maker and Taker Fees

BiKi Perpetual Contracts - What is Maker and Taker Fees
BiKi Perpetual Contracts – What is Maker and Taker Fees

Leave a Reply

Your email address will not be published. Required fields are marked *