Fees
Last updated
Last updated
Funding is a mechanism used in open-ended futures contracts to balance supply and demand between long (long) and short (short) positions. The main objective is to keep the price of the open-ended contract close to the spot price of the underlying asset.
If the Funding Rate is positive, users with long positions pay users with short positions.
If the Funding Rate is negative, users with short positions pay users with long positions.
Funding payments occur every 8 hours.
Rollover is the process of automatically extending an open position to the next trading period.
2.1 Terms of position rollover
Rollover is possible only for open-ended futures contracts.
At the time of rollover, a fee is charged or deducted depending on market conditions.
The amount of the rollover fee may vary depending on the asset type and liquidity conditions.
2.2 Application of Rollover
If a trader holds a position after the end of the settlement period, the position is rolled over to the next trading cycle. At this point, an additional commission or adjustment may be charged based on interest rate differentials and market conditions.
When trading on Dywe, a commission is charged and is automatically deducted from the user's collateral.
3.1 Commission amounts
Trading pairs with USDT: 0.2% of the position size.
Trading pairs with USDC: 0.2% of the position size.
3.2 Consideration of leverage when calculating the commission
When calculating the commission, the total position size, including leverage, is taken into account.
Example: A trader opens a position for 100 USDT with leverage x10. In this case the commission is calculated as follows:
The commission is deducted from the trader's collateral at the time of opening the position.
3.3 Additional fees
Funding commission is charged every 8 hours.
There may be additional Rollover fees if a trader holds a position for a longer period of time.
All Dywe commissions are fixed at the time of transaction and cannot be cancelled.
