🇦🇨Fee Structure

Position Fee

The position fee is collected whenever a trade (Open & Close) is executed, and it’s calculated based on the position size. Here is a breakdown of the position fee ratio of different asset classes.

Asset Class	Position Fee Ratio
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 “rollover fee per block %” 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.