ETF Fees : Trading fee and Management fee

1. Transaction fee

The transaction fee rate of ETF products is the same as that of spot transactions.

2. Management fee

A management fee is charged at 00:00 (SGT) every day, and the fee will be reflected in the net value of the ETF product. If the user does not hold a position at this time, he will not bear the cost of the net value discount at this time.

Management fee = net value * ETF position share * management fee rate (management fee rate will fluctuate according to changes in market conditions, currently 0.1% per leverage)

Example:

At 00:00 (SGT), the user holds 10 BTC3L;

The net value of BTC3L is 100 USDT, and the management fee is withdrawn from the net value, then the net value will be reduced by 100*0.3%=0.3 USDT, and the net value of BTC3L will become 99.7 USDT at this time;

The management fee for the user's BTC3L position on the day is 10*100*0.3%=3 USDT.