Home web3.0 How to charge the handling fee of Biying contract?

How to charge the handling fee of Biying contract?

Jul 10, 2024 pm 12:22 PM

Biying contract handling fees adopt a tiered charging standard, and different proportions of handling fees are charged based on transaction volume and position holding time. Transaction fees: Maker: 0.02%; Taker: 0.04%. Position handling fee: Charged according to every 8-hour settlement cycle. The larger the position, the lower the fee, ranging from 0.02% to 0.008%. In addition, funding rates and clearing fees are charged.

How to charge the handling fee of Biying contract?

Biying contract handling fee collection method

Biying contract handling fee adopts stepped charging standard, and different proportions of handling fees are charged according to the user's trading volume and position holding time.

Transaction fee

  • Maker (order side): 0.02%
  • Taker (taker side): 0.04%

Position handling fee

Position handling fee is based on every 8 one hour Charged during the settlement period, the fee is reduced step by step according to the position:

Position Handling fee
0.02%
10-50 BTC 0.015 %
50-100 BTC 0.012%
100-500 BTC 0.01%
> 500 BTC 0.008%

Other fees

Except for transactions In addition to the position handling fee, Biying Contract also charges the following fees:

  • Funding rate: The fee paid by the party adding/subtracting the position is charged based on the position direction and the difference between the contract mark price and the spot price.
  • Liquidation fee: The handling fee charged when the contract position is liquidated, the rate is 0.5%.

Notes

  • The handling fee rate may be adjusted according to market conditions and currencies.
  • The handling fee is calculated based on the contract and needs to be paid when trading and holding a position.
  • The funding rate is settled every 8 hours, and the liquidation fee is charged once when the contract is liquidated.

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