Many people have a deeply ingrained misconception about fees, thinking that the cost is calculated based on your principal investment. This idea leads people to believe that whether they open a position with a few hundred or a few thousand dollars, the rebate makes little difference. But reality hits hard—fees are not calculated based on your principal, but on your actual "leverage position."

For example: you have 1,000 dollars and open a 100x leverage position. At this point, your actual trading position is 100,000 dollars. Understand? The fee is not calculated on 1,000 but on 100,000!

Even more harshly, opening a position costs once, closing costs another time, so this round trip alone involves a fee calculation based on 200,000 dollars—an order of magnitude of 200,000 dollars in fees. And this is just for one trade.

So how important is the rebate? To put it plainly—it determines whether you make a profit or a loss in a matter of minutes.

When the market rises and your position profits, the rebate becomes extra profit. While others only earn from the K-line gains, you effectively earn double. When the market is good, taking an extra bite of the profit makes all the difference.

What if your position ends up breaking even? While others make no profit after a long effort, you can still recover some through rebates, ensuring you don’t lose money.

The worst-case scenario—your position loses or even gets liquidated? The rebate becomes your lifeline. While others go completely to zero, you can still recover part of your funds, giving you a chance to get back in.

To be blunt: if you don’t take the rebate, you’re actively giving away money that should be in your pocket. Leverage amplifies costs multiple times, and if you don’t get rebates, it’s like bleeding every day.

Want to survive longer? Want to increase your chances of winning? First, save on the costs you can, and take back what belongs to you. Rebate isn’t optional; it’s a fundamental part of trading.