Fee Structure
Fees will be split as follows:
50% to TLP holders
30% to staked TRY
20% to POL
Position Fee
Tradeify charges position fees when traders open and close positions. The position fee is fixed at 0.1% and calculated as follows:
Open Fee: 0.1% × Asset Price × Position Size
Close Fee: 0.1% × Asset Price × Position Size
The collected position fees are allocated between TLP stakers, TRY stakers, and POL.
Funding Payments
After traders borrow pooled assets for positions, Tradeify charges funding payments, which can be seen as borrowing fees from positions. The funding payment is collected every 8-hour. Long and short positions funding are calculated separately
fundingFeeRate = max{utilization × limitRate, baseRate}baseRate (Annualized)
The funding payment fees are allocated between TLP stakers, TRY stakers, and POL, the same as the collected position fee allocated. The baseRate and limitRate are according to change in the future as the team makes continuous evaluations.
Liquidation Fee
The maintenance margin (MM) on Tradeify is 1%, and the liquidation fee is 0.1%. Therefore, 0.1% (if it exists) margin will be collected as the fee when a position is liquidated. The remaining margin after liquidation will return to traders.The liquidation fee will be shared between TLP stakers, TRY stakers, and POL, the same as the collected position fee allocated.
Spread
Tradeify offers 0% spreads under the Sui market. The spreads under other coin markets are fixed at 0.12%.
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