Many people have no idea about the handling fee. However, the handling fee, which seems to be very low, actually accumulates over time and becomes a very large expense.

Taking ojbk as an example, the contract taker fee for most ordinary users is 0.05%. 0.05%, doesn't seem like much, right?

But remember one thing first: this 0.05% is calculated based on the value of your position, not the margin.

Taking our most common 10U Ares as an example, the opening leverage must be at least 100 times. If it is lower than 100, people will laugh at you if it gets out.

If you open an order at the market price, the position value is 10Ux100 times=1000U, and the handling fee is 1000Ux0.05%=0.5U.

Let's assume that this player does not open orders frequently, has good skills, and only opens one order a day. After a month, he has both losses and gains, but has not been liquidated. He breaks even, has no gains or losses, and still has his 10U principal. (Don't laugh, this is already amazing)

So how much did he spend on handling fees?

0.5Ux30=15U

Is it right?

Wrong.

Because you have to pay a handling fee not only for opening a position, but also for closing a position. So you have to multiply it by 2.

15Ux2=30U

After a month of hard work, it seems that the profit and loss are balanced, but in fact the transaction fees have far exceeded the principal.

The total return is -300%.

Bianca's average user's order is 0.04%, a little bit stronger, -240%

Is it exciting?