How to trade at Mushino – Fabian Perez

How to trade at Mushino – Fabian Perez

You may close your current position via 2 methods:

1. Close your current position by clicking on the “close” icon and follow through on the request.

2. You may place a new order in the opposite direction of your current position (eg. current position 100 BTC-Perp Long, to close the position, place an order for 100 BTC-Perp Short). The position will be closed once the order has gone through.

For every executed order, there is a Trading Fee incurs.

A trading fee is deducted from the account balance, it does not affect the initial margin of the order

Market makers who provide liquidity and increase the market depth of order book will receive an incentive(negative trading fee, also known as a rebate)

Market takers who seek liquidity and immediacy will be charged a trading fee(positive trading fee)

• Trading Fee = Position Value x Trading Fee Rate

At ‘Trade History’, a positive fee rate indicates the paying of Taker fee while a negative fee rate indicates the receiving of Maker rebate.

Trader A buys 10,000 BTCUSD contracts using Market order.
Trader B sells 10,000 BTCUSD contracts using Limit order.

Assuming that the execution price is 8,000 USD:

Taker fee for Trader A = 10,000/8,000 x 0.075% = 0.0009375 BTC
Maker rebate for Trader B = 10,000/8,000 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.

Knowing all this, there is just one more thing to say.

Published at Sat, 08 Feb 2020 07:27:58 +0000

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