USDT Contract Trading Fee Calculation

Every trade on Deepcoin incurs trading fees.

Actual order costs will additionally reserve 0.06% for opening taker fees and 0.04% for maker fees. However, the actual trading fees will be paid when the order is executed and calculated based on the actual transaction price. When an order is fully executed, if there's any remaining amount after deducting the actual opening fee, it will be automatically returned to the available assets.

The order fees for liquidity providers (orders that enter the order book and deepen market depth, such as limit orders) and liquidity takers (orders that are executed immediately, consuming market depth, such as market orders) are positive, meaning traders need to pay fees.

Contract trading fee rates: 0.06% for taker, 0.04% for maker

Trading fee calculation formula:
Fee = Contract face value × Number of contracts × Fee rate × Execution price

Contract face value:
This refers to the value of one contract when placing an order. For example, one BTCUSDT contract has a face value of 0.001 BTC.

Example:
Trader A uses a market order to buy 100 BTCUSDT contracts (contract face value 0.001 BTC)
Assuming the order price is 18,000 USDT, after order matching:

Trader A, as a liquidity taker, pays a fee of = 0.001 * 100 * 18000 * 0.06% = 1.08 USDT.