In Futures Trading,
accomplice cost(also known as entrusted margin) refers to the total amount of funds that a user must pre-occupy when initiating a futures trading order. It is composed of initial margin and transaction fees, and directly affects the trader’s risk exposure and capital efficiency. This article will provide a detailed explanation from multiple dimensions including definition, calculation formula, influencing factors, and industry applications, to help you better manage contract entrusted costs and optimize trading strategies on the Gate platform.
1. The calculation formula for the accomplice cost.
On most futures trading platforms, the commission cost is calculated using the following general formula:
Cost of Accomplice = Initial Margin + Opening Fee + Closing Fee
- Initial Margin According to “Order Value ÷ Leverage” calculation, that is the base margin you need to occupy.
- Open/Close Position Fee Calculate based on the order value multiplied by the “Taker” or “Maker” fee rate.
2. Main factors affecting the cost of entrustment
2.1 Leverage Ratio
The higher the leverage multiple, the less initial margin is required, allowing traders to open larger positions with less of their own capital, but it also amplifies the funding rate and liquidation risk.
2.2 Transaction Fee Types
- Order (Maker) : Provide liquidity to the order book with lower fees;
- Taker : Immediate execution with existing orders, higher fees, usually also the main part of the commission cost. Gate in “
How to calculate Futures Trading fees“The article details these two fee structures and their impact on costs.”
2.3 Market Liquidity and Slippage
In times of poor liquidity or high volatility, large orders may encounter slippage, resulting in an actual transaction price that is higher than expected, thereby increasing the order cost.
2.4 On-chain transaction fees (Gas fees)
On-chain settled contracts or DeFi platforms require users to pay network Gas fees to execute orders and cancellations. Especially during network congestion on Ethereum and other networks, Gas fees can become a significant cost source.
3. Precautions
- Strict Control of Leverage Do not blindly increase leverage due to the temptation of low margin; set a reasonable multiple based on your own risk tolerance.
- Optimal Order Placement Strategy Use limit orders first to obtain low Maker fees and reduce slippage risk.
- Pay attention to network congestion During peak on-chain Gas fee periods, you can choose to place orders off-chain or wait for congestion to ease to reduce additional costs.
- Utilizing discounts and rebates Gate point cards, VIP levels, and the rebate plan can effectively offset transaction fees, further optimizing the cost structure of orders.
4. Frequently Asked Questions
What is the difference between the commission cost and the maintenance margin?
The commission cost is the total capital required to open a position; the maintenance margin is the minimum margin required to maintain a position. If the account margin falls below this value, it will trigger a forced liquidation.
Does canceling an unexecuted order incur any accomplice cost?
Will not
