Contract Trading Fee Description

During the order trading process, Hibt will charge a certain handling fee.

The handling fee is only generated when the order is completed. The handling fee is deducted from the account balance and does not affect the initial margin of the order.

Maker: The order handling rate for liquidity providers (commissioned orders enter OrderBook to deepen market depth, such as limit orders, etc.) is 0.05%

Taker: The order handling rate for the liquidity taker (orders are executed immediately, digesting market depth, such as market orders) is 0.05%

Handling fee = Position value * Handling rate = Order quantity * Underlying price * Handling rate

for example:

Assuming that the latest price of BTC is 10,000 usdt and the order quantity of BTC is 0.1 BTC, the opening lot required to open a 0.1 BTC contract is

Renewal = order quantity * BTC transaction price * 0.05% = 0.1 * 10000 * 0.05% = 0.5USDT