1. How is commission calculated? 2. How to calculate indirect referral commission? 3. When is the commission paid out? 4. How to check commission distribution details? 5. Which trades generate commission? 6. What is the difference between commission and rebate? 7. What are the commission and rebate policies for main and sub-accounts? 8. When will the adjusted commission/rebate ratio become effective?
Q: How is commission calculated?
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Commission Ratio 30%) --> C (Trading User Who Generated 100 USDT Trading Fee)C trades and generated a 100 USDT trading fee.Then, B will get: 100 x 30% = 30 USDT; while A will get 100 x (40% - 30%) = 10 USDT.
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Perpetual Futures Trading Fee Discount 10%)If B trades Perpetual Futures, the original expected trading fee was 100 USDT; since B enjoys a 10% fee discount, the actual trading fee generated is 90 USDT.Then, A can earn a commission of: 90 USDT x 40% = 36 USDT
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Trading Fee Rebate 10%)B generates 100 USDT in trading fees and has a trading fee rebate of 10%.Therefore, B can get a rebate of: 100 x 10% = 10 USDT.And A's Commission: 100 x (40% - 10%) = 30 USDT
Q: How to calculate indirect referral commission?
ExampleLet's assume the users' commission ratio and referral relationships are as follows, where "A --> B" means A referred B:A (40% Commission Ratio) -->B (30% Commission Ratio)-->C (20% Commission Ratio)C trades and generates an actual trading fee of 100 USDT.B's commission: 100 x 30% = 30 USDTA's commission: 100 x (40% - 30%) = 10 USDT
Q: When is the commission paid out?
Q: How to check commission distribution details?
Q: Which trades generate commission?
Example:If user A uses a 10 USDT bonus to trade and the trading fee is 0, then this trade will not generate commission.
Q: What is the difference between commission and rebate?
A:
Commission: This refers to the portion of the trading fees generated by users you referred, which is rewarded to you by the platform based on the commission ratio (as a promotional incentive).
Rebate: This refers to a type of discount offered to users, where the platform returns a portion of trading fees to the user based on the rebate ratio (as a trading incentive).
Calculation Method: Your commission income will be based on the net actual trading fees paid by your referees (i.e., total trading fees minus the amount already rebated).
Q: What are the commission and rebate policies for main and sub-accounts?
A: The commission and rebate rules for main and sub-accounts are as follows:
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Commission Rules:
- Only the main account can receive commissions from referred users
- Sub-accounts are not independently eligible for commissions.
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Commission Base:
- Regardless of whether the trading fees were generated by the main or sub-account, they will be combined into the commission base.
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Rebate Rules:
- The rebate ratio for sub-accounts is the same as for the main account.
- The rebate earned by a sub-account will be distributed to the Fund Account of the main account on T+1 day.
Q: When will the adjusted commission/rebate ratio become effective?
A: The adjusted ratio will become effective on the following day (T+1), and will be uniformly used to calculate the commission/rebate for the entire previous day (T day).
Specifically, the system will update at around 2:00 AM (UTC+8) on the following day, and the effective ratio at that time will be used to settle all related transactions from 0:00 to 24:00 of the previous day.
For example:
- At 8:00 AM on December 4, the ratio is increased from 10% to 20%.
- Then, all trades on December 4 will have commission/rebate calculated at 20%.
- Settlement results can be viewed after 2:00 AM on December 5.