π¦π¨Fee Structure
Position Fee
The position fee is collected whenever a trade (Open & Close) is executed, and itβs calculated based on the position size. Here is a breakdown of the position fee ratio of different asset classes.
Cryptocurrencies
7 bps
Forex
1 bps
Commodities
5 bps
Note: 1 basis point (bps) = 0.01%.
Rollover Fee
By charging the rollover fee, the Panana protocol allows traders to use lower leverage while maintaining solid risk management.
There is a βrollover fee per block %β parameter that represents the cost to keep a trade open for each block.
It is charged on the initial collateral of the trade, each block:
Rollover fee = (Current block - trade open block) * rollover fee per block (%) * trade collateral.
Keeper Fee
While certain conditions are matched, the keeper bots are triggered and execute the on-chain transactions. Under the following conditions, the traders will pay transaction gas fees.
Limit Order Triggering
Traders placing limit orders will incur a 0.5 $USDT fee upon successful execution. This fee covers the transaction gas cost, which is paid by the keeper.
Liquidation
While a position is liquidated, a fixed amount (in $USDT) of the fee will also be charged. Currently, the liquidation fee is set at 3 $USDT.
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