Fee Structure

Simple and transparent — opening fee (2.5%), closing fee (2.5%), and settlement fee.

Trading Fee · Opening 2.5% + Closing 2.5%

Opening: 2.5% of margin. Closing: 2.5% of position value. Commission distribution (based on margin):

Referral Reward

Broker Commission

Upper Broker

Example Calculation

Margin:            100 USDT
Opening Fee:       100 × 2.5% = 2.5 USDT
Closing Fee:       Position Value × 2.5%

Commission (based on margin):
  Referral:        1 USDT  (1%)
  Broker:          2 USDT  (2%)
  Upper Broker:    1 USDT  (1%)

Why Settlement Fees Exist

As explained earlier, when you place 100 USDT × 1000x, the execution layer may deploy 1,000 USDT on the routed aggregated venue (e.g. OKX, Binance, or Coinbase — whichever offers the best fill).

When you profit, the hedged side profits the same amount on the routed venue — the system passes that profit to you.

But the issue is asymmetric risk:

You invest:      100 USDT
System invests:  1,000 USDT

If you lose, your max loss is 100 USDT (your margin).
But the execution layer's position on the routed venue can lose more —
because in extreme markets, slippage, funding rates,
and bankruptcy all create additional losses.

The system's risk is far greater than yours.

Example: System Risk Behind High Returns

Example You earned 500% — what the system went through

👤 Your Perspective

Margin:         100 USDT
Leverage:       1000x
Notional Value: 100,000 USDT

BTC rose 0.5%
Profit = 500 USDT
Return = 500%

Feeling: Everything went smoothly ✅

🖥️ What the Execution Layer Experienced

Margin:         1,000 USDT
Leverage:       100x
Notional Value: 100,000 USDT

BTC rose 0.5%
Profit = 500 USDT
Return = 50%

But during this time the system also bore:
  Funding Rate:     ≈ 15 USDT
  Open/Close Fees:  ≈ 80 USDT
  Slippage:         ≈ 20 USDT
  ──────────
  Extra Cost:       ≈ 115 USDT

The system earned 500 USDT but spent ≈115 USDT in extra costs.
The platform can absorb these costs at small returns, but the higher the return, the longer the holding, the more volatile the market — the greater the extra costs.

Extreme Case Why extra costs surge with high returns

When prices swing dramatically in a short time (typically corresponding to your ultra-high returns), the exchange internally experiences:

📈

Funding Rate Surge

In extreme markets, funding rate can spike from 0.01% to 0.3% — a single settlement becomes a massive expense.

📉

Slippage Explosion

Market depth gets consumed. Large orders fill at significantly worse prices — the system absorbs all slippage differences.

💥

Bankruptcy Risk

In extreme markets, the routed venue position may go bankrupt. The excess is entirely covered by the platform's reserve fund.

⚡

Fee Multiplication

The larger the notional value, the higher the open/close fees. A 100,000 notional trade costs ≈ 40 USDT per execution.

Summary

The essence of the settlement fee: when you achieve returns above 100%, you share a portion of the extra costs the system incurred during execution on the exchange.

For returns within 100%, the platform can cover these costs with the trading fee revenue.
Returns above 100% indicate dramatic market volatility, meaning the system's execution costs have surged — the settlement fee maintains the platform's ability to keep operating.

The higher the return, the greater the pressure on the system, and the settlement fee increases accordingly. This ensures the platform can continue serving all users.

Start Trading

3-step ordering, no hidden fees, professional execution.

Enter Web Terminal Enter H5 Wallet Download APP