Many people think that since their account isn't large, a few hundred or thousand yuan in transaction fee rebates doesn't matter at all. This idea is actually a big mistake.
The key is that many people miscalculate the transaction fees. Fees are not calculated based on your actual invested principal, but on your total position after opening a trade. For example, if you only have 1,000 USDT in capital and open a position with 100x leverage, the exchange will calculate the fee based on a position size of 100,000 USDT. From opening to closing the position, the total volume involved could be at least 200,000 USDT, so how much would the fee be?
Taking ETH as an example, if you open a 5 ETH position and the fee rate is 0.1% on a major exchange, then each entry and exit would cost you 18 USDT. It doesn't seem like much, right? But the problem is, you might be making ten or twenty trades a month. Over time, the monthly fee rebates could save you enough for several hotpot meals, and if you're lucky, it could save you tens of thousands of yuan.
These "small amounts" may seem insignificant, but during bad market conditions or when your account is trapped, they become your ammunition for a comeback. Who wouldn't want to keep a little more profit on every trade?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
SleepyValidator
· 3h ago
Wow, finally someone explained this clearly. I was already losing money like this before.
View OriginalReply0
DegenDreamer
· 13h ago
Wow, I really didn't expect this. Once leverage is opened, the position doubles, and the trading fees are indeed a gift to the exchange.
View OriginalReply0
GasWastingMaximalist
· 13h ago
Wow, someone finally said this. I also thought the same before—didn't care about that little fee at all. Turns out, the calculation was shocking.
View OriginalReply0
SatoshiLeftOnRead
· 13h ago
Damn, when you do the math, it really hurts. The trading fees for a month can buy several meals... Especially when the market is bad, this money is truly a lifesaver.
View OriginalReply0
GateUser-3824aa38
· 13h ago
Wow, I just realized that leverage fees are calculated based on the position size. How did I not think of this before... At least ten trades a month, so it really adds up to some money.
View OriginalReply0
CryptoTherapist
· 13h ago
ngl this whole fee thing hit different when you map out the actual psychology behind it... like most traders have this cognitive distortion where they think $18 per trade is "nothing" but that's literally your portfolio's emotional coping mechanism talking. it's denial dressed up as confidence, you know?
Reply0
BridgeJumper
· 13h ago
Wow, I just realized I paid so much in fees before? When you multiply it by leverage, it's really outrageous.
Many people think that since their account isn't large, a few hundred or thousand yuan in transaction fee rebates doesn't matter at all. This idea is actually a big mistake.
The key is that many people miscalculate the transaction fees. Fees are not calculated based on your actual invested principal, but on your total position after opening a trade. For example, if you only have 1,000 USDT in capital and open a position with 100x leverage, the exchange will calculate the fee based on a position size of 100,000 USDT. From opening to closing the position, the total volume involved could be at least 200,000 USDT, so how much would the fee be?
Taking ETH as an example, if you open a 5 ETH position and the fee rate is 0.1% on a major exchange, then each entry and exit would cost you 18 USDT. It doesn't seem like much, right? But the problem is, you might be making ten or twenty trades a month. Over time, the monthly fee rebates could save you enough for several hotpot meals, and if you're lucky, it could save you tens of thousands of yuan.
These "small amounts" may seem insignificant, but during bad market conditions or when your account is trapped, they become your ammunition for a comeback. Who wouldn't want to keep a little more profit on every trade?