Fee Structure
Last updated
Last updated
Fees will be split as follows:
50% to TLP holders
30% to staked TRY
20% to
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.
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.
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.
Tradeify offers 0% spreads under the Sui market. The spreads under other coin markets are fixed at 0.12%.