⏱️Holding Fees
Last updated
Last updated
A holding fee is accrued every 8 hours, counted separately from the time that every position is opened. When the position is closed, the accrued fee will be deducted from your position margin.
Unlike any other trading platform, the holding fee does not affect your liquidation price. The liquidation price is calculated based on gross position P/L, i.e. before fee. It also means that you can hold your position for a very long time without the risk of getting liquidated due to the fee.
This holding fee is different for every asset class:
There are no trading fees or any other charges besides liquidity fees (but only beyond certain profit tier limits).
Have a look at the below BSV/USD short trade. The trade was open for 45 trading sessions (15 days):
DXS made 0.000805 BSV in holding fees on this trade. The summary is below:
If 10x leverage had been used in the above trade, the position size would have been 1 BSV (10x bigger). Holding fees are charged on position size, so in this scenario, holding fees would have been 0.00805 BSV.
When looking at a particular asset's chart, click on the top link to view market data including the holding fee rate.
Holding fees on DXS are charged for all positions based on their duration, with a specific rate applied every trading session. Here's how they work:
Fee Rate and Application:
A trading session on DXS is defined as an 8-hour period. The holding fee rate is set per session and applied based on the total position size, which includes: Position Margin x Leverage + PnL (any running profit or loss).
Fees are not charged in one lump sum after the 8-hour session but instead accrued and deducted minute by minute based on the rate for the trading session.
Leverage Multiplier:
The higher the leverage, the larger the total position size, and therefore, the higher the holding fee.
For instance, if you use 5x leverage, the fee will be calculated on 5x your margin size, and you will pay 5x the holding fee rate for each trading session (accrued every minute).
Example Calculation:
You open a position with $1,000 margin at 5x leverage and have a running profit of $500.
Total position size = $1,000 x 5 + $500 = $5,500.
If the holding fee rate is 0.02% per trading session, the fee over 8 hours is:
$5,500 x 0.02% = $1.10.
This $1.10 is accrued incrementally each minute at the indicated session rate.
Transparency:
The holding fee rate for each instrument is displayed before you confirm a trade.
You can monitor fee accumulation in real-time from your trading dashboard.
No. Holding fees and liquidity fees are only paid when the position is closed (either manually, by trigger order or by liquidation). The holding fee or liquidity fee accrual on any open position does not affect your liquidation price.
In the case that the holding fee and/or liquidity fee exceeds margin and profit to be returned, DXS suffers the shortfall.
