ETF Fees : Trading fee and Management fee
John Carls
Last Update há 2 anos
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The net value of BTC3L is 100 USDT, and the management fee is withdrawn from the net value, then the net value will be reduced by 100*0.3%=0.3 USDT, and the net value of BTC3L will become 99.7 USDT at this time;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.