Newbies are still asking how to make money, while veterans are thinking about how to save money.
The position shows a profit, why do I still lose money after closing the position? Many people may have this question
The reason for this is that both opening and closing positions require a handling fee.
No matter which exchange you trade on, you must first understand the exchange's fee rate. The fee rates will vary depending on the trading model and order type.
It can be seen that the transaction fee of Binance U-standard contract is 0.02% for placing orders and 0.05% for taking orders. The transaction fee for one transaction is 0.02% for placing orders and 0.1% for taking orders.
All rates are calculated based on the number of positions held. As you can see in the figure, the number of positions held is 24487u
If all transactions are at market price, the handling fee is 24487×0.1%=24.487u
P.S. Leverage is just a tool to magnify the principal. The larger the number of positions held, the higher the handling fee will be.
The handling fee for one order is about 25u. If you only open 3 orders a day, it will be more than 2200u in a month. If there is a handling fee rebate, it will be more than 700 on the basis of more than 2200u. Isn't it great?
You can check how much your handling fee is.
Of course, in addition to the handling fee rebate, holding BNB can also be used to deduct handling fees, but it needs to be transferred to the contract account for deduction.