1. Optimization overview

Multiple Trial Fund vouchers with different offset ratios can be held simultaneously: When you redeem a new Trial Fund voucher and its offset ratio differs from the currently active Trial Fund, the old voucher will not expire immediately. Instead, it will be placed in a priority queue and will be used in sequence.

Scope of application: This optimization applies only to Perpetual Futures Trial Fund and does not involve Standard Futures.

New to Trial Fund? You can read the BingX Tutorial | Introduction to Trial Fund to learn the full process for claiming, unlocking, redeeming, and using Trial Fund.

2. Trial Fund offset rules

After the Trial Fund is redeemed into the Perpetual Futures Account, it can be used to offset closing losses and funding fees. Use the Trial Fund within its validity period. After it expires, it becomes invalid.

(I) Closing loss offset

When the Trial Fund is used to offset losses from closing positions:

If the cumulative realized PnL is sufficient to cover the current loss, the Trial Fund will not be used for offsetting.

If the cumulative realized PnL is insufficient to cover the current loss, the corresponding offset ratio will apply only to the remaining loss amount.

Notes:

1. Realized PnL = Closed PnL + Funding fee.
2. The calculation of cumulative realized PnL starts from the time when the user most recently redeemed the Trial Fund, and can cover up to the most recent three months.

3. If the Trial Fund is claimed (redeemed) multiple times, the cumulative PnL will be calculated based on the most recent claim (redemption) time.

   If a user holds multiple Trial Fund vouchers at the same time, the system uses them in order of offset ratio, from highest to lowest. Each settlement only uses the voucher with the highest priority — it does not apply multiple vouchers at once.

4. Trial Funds cannot be used to offset trading fees.

If there are own funds in the account, the offset will be applied as follows:

(II) Funding fee offset

When the funding fee is negative (an expense), the Trial Fund can directly offset it according to the corresponding ratio, regardless of whether the cumulative PnL is positive or negative.

Example 1: Cumulative PnL is negative, triggering a Trial Fund offset

• User scenario

  User A redeemed a 50 USDT Trial Fund on April 10, with an offset ratio of 50%.

• Trading activity

• How the system determines this

  After the user claims the Trial Fund, the cumulative realized PnL is:

  100 - 110 = -10 USDT

  Since the cumulative realized PnL is negative, this means there is still a 10 USDT loss that can be offset using the Trial Fund.

• Offset result

  This Trial Fund voucher has an offset ratio of 50%, so:

  10 × 50% = 5 USDT

  A 5 USDT of Trial Fund can be used for the offset.

3. Coexistence and usage order of multiple Trial Fund vouchers

If the offset ratio is the same: the amounts are combined and no new queue entry is added.

If the offset ratios differ: the new voucher is added to the queue and the voucher with the higher offset ratio takes priority.

For each settlement, only the Trial Fund in the queue with the highest priority is used. Multiple Trial Fund vouchers will not be used for an offset at the same time.

For example

(1) User C first redeems a 100 USDT, 50% Trial Fund.

(2) A loss settlement occurs during this period, and part of the loss has already been offset using this 50% Trial Fund voucher.

(3) The user later redeems a 50 USDT, 100% Trial Fund.

The original 50% Trial Fund voucher will not become invalid, and its remaining amount will stay in the queue.

If an offset has already occurred using the old Trial Fund before the new Trial Fund is claimed, that offset result has already taken effect and will not be reversed, returned, or recalculated because a new voucher is claimed.

After a new voucher is claimed, the subsequent offset process will be recalculated based on the latest claim time and executed according to the current Trial Fund queue order.

You can view the current queue order, each voucher's amount, and expiration time in the App/Web under "Futures Account > Trial Fund". You can also view the history under "My Vouchers > Used".

4. FAQs

1. Expiration and clearing rules

   If an active Trial Fund expires before it is fully used, it becomes invalid and the next voucher is activated automatically.

   If a queued Trial Fund expires before use, it will be removed and will not affect other Trial Funds.

   If you withdraw or transfer funds out, all remaining Trial Funds in your account will be cleared.

2. Claim limit

   You can hold up to 10 Trial Funds with different offset ratios at the same time.

   The total number of activated vouchers must be ≤ 100.

5. Other important notes

Trial Funds cannot be used for matched orders, self-trading, or opening reverse positions. If malicious use is detected, the platform reserves the right to take action against the accounts involved.

Please stay updated on the impacts of these rule adjustments. Thank you for your support and understanding!

📖 See also

Want to fully master the tips for using Trial Fund? The following guide provides details: BingX Tutorial | Introduction to Trial Fund

Covers:

• What Trial Fund is and how to obtain Trial Fund
• Voucher unlock requirements (KYC, futures trading volume, net deposit amount, etc.)
• Voucher redemption path and threshold checks
• Where to view Trial Fund (App/PC)
• Validity period and recovery rules
• FAQs