Fees

Opening Position Fee:

Bitlayer Chain: 0.08%

Base Chain: 0.08% ( >100xBTC 0%)

Opening Fee = Number of Contracts * Entry Price * Opening Fee Rate

For example, if a trader opens a 1 BTC/USD long position at $68,000: Opening Fee = 1 * 68000 * 0.08% = 54.4 U

Closing Position Fee:

Bitlayer Chain: 0.08%

Base Chain: 0.08% ( >100xBTC 0.025%)

Closing Fee = Number of Contracts * Close Price * Closing Fee Rate

For example, if a trader closes a 1 BTC/USD position at $69,000: Closing Fee = 1 * 69000 * 0.08% = 55.2 U

Note: The fee for positions greater than 100xBTC is currently subject to a revenue cut mode, which is adjustable based on market conditions.