Referral Rebate
Profit Share Model
Rebate Rate Under Flat Fee Model
The rebate rate is determined based on the cumulative profit of the invited users in the past 30 days. The cumulative profit is calculated daily at 0:00 (UTC+8) for the profit of the invited users from T-30 to T-1, and the rebate rate for day T is updated accordingly. Only positive PNL (profit) is counted, and negative PNL (loss) is not included.
Referral Rebate Tiers Based on Cumulative Profit of Invited Users in the Past 30 Days
Tier
Cumulative Profit Range
Rebate Rate
Tier 1
$0 ≤ Cumulative Profit < $100
3%
Tier 2
$100 ≤ Cumulative Profit < $300
3.5%
Tier 3
$300 ≤ Cumulative Profit < $1,000
4%
Tier 4
$1,000 ≤ Cumulative Profit < $3,000
4.5%
Tier 5
$3,000 ≤ Cumulative Profit < $10,000
5%
Tier 6
≥ $10,000
5.5%
Example:
Current Tier: Tier 4
30-Day Cumulative Profit (USD): $2,000.00
Amount Needed to Reach Next Tier: $1,000.00
Rebate Calculation
Under the profit share model when a trader closes a position with a positive realized PNL, the rebate amount for his investor is calculated as Rebate Rate × Realized PNL. If the realized PNL is negative or the position is liquidated, the rebate amount is 0.
Flat Fee Model
Rebate Rate Under Flat Fee Model
The rebate rate under the flat fee model is determined based on the cumulative referral trading volume of the invited users. The rebate currency is the same as the trading fee currency, which is also the margin currency.
Cumulative Referral Trading Volume
Rebate Rate
≤ $5,000,000
0.01%
> $5,000,000 and ≤ $20,000,000
0.015%
> $20,000,000
0.02%
Rebate Calculation
Rebate Amount Per Trade = 2 × Position Size × Rebate Rate / Trading Fee Currency Price.
Under flat fee model rebate settlement occurs at the same time as the trading fee collection.When the user opens a position, 2 times the trading fee is charged according to the position size, and 2 times the rebate is settled. When the user closes the position, no further rebate is settled.
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