For every executed order, there is a Trading Fee incurred.
Note that the actual order cost will be reserved for open taker (0.075%) transaction fee; however, the actual transaction fee will be paid when the order is executed and calculated based on the actual transaction price. When all orders are completed, if there is still remaining after deducting the actual fees for, it will be automatically returned to the available assets.
Market Makers who provide liquidity and increase the market depth of order book will receive a rebate (negative trading fee) from Deepcoin.
Market Takers who seek liquidity and take liquidity off the book immediately will be charged a trading fee (positive trading fee).
Inverse Perpetual Contract
At ‘Trade History’, a positive fee rate indicates the paying of Taker fee while a negative fee rate indicates the receiving of Maker rebate.
Formula for Inverse Contract:
Trading Fee = contract face value x Trading Fee Rate
Order value = contract face value * contract size / Order Price
Trader A buys 100 BTCUSD contracts using Market order. （1 contract face value=100USD）
Trader B sells 100 BTCUSD contracts using Limit order. （1 contract face value=100USD）
Assuming that the execution price is 8,000 USD:
Taker fee for Trader A = 100*100/8,000 x 0.075% = 0.0009375 BTC
Maker rebate for Trader B = 100*100/8,000 x -0.025% = -0.0003125 BTC
Hence, upon execution, Trader A will be paying 0.0009375 BTC of Taker fee and Trader B will be receiving 0.0003125 BTC of Maker rebate.