💱Fee Structure

• Execution Fee：

Execution Fee : This is a fee reserved from the user's principal to ensure they can cover the corresponding fees when closing a position or liquidating equivalent to 0.5 USD

If you close the position manually, Execution Fee will be returned to your wallet.

• Opening Fee:

  

Opening Gas Fee (calculated in $MNT): This is the fee users need to pay when opening a position, calculated in $MNT, to cover the gas of the network.

Reserved Execution Fee : This is a fee reserved by the user's principal to ensure they can cover the corresponding close position fees when closing a position or liquidating equivalent to 0.5 USD

• Close Fee:

a.If your position is executed by keeper，close fee will be charge below：

pnl is the user's investment profit

shareRate is a parameter preset by operations, currently set at 15%

notional is the notional value of the user's position, which is numerically equal to the user's margin value multiplied by the leverage ratio

closeMinRate is the minimum closing fee preset by operations, currently set at 0.03%

b.If your position is closed manually，close fee will be charge below：

ExecuteFee will be returned to your wallet, because when you open a position ExcuteFee is reserved in the keeper in advance, once you close the position manually, the keeper don`t need to excute any of positions anymore.

• Funding Fee:

a. Funding Fee does not belong to the LP but rather serves to balance the positions between long and short investors in the same target asset. It involves transferring funds from the larger investor to the smaller investor. Therefore, for a specific position, the Funding Fee can be either positive or negative

FundingFeeAcc represents the funding fee accumulation rate.

PositionValue is the value of the user's position.

targetValueLong denotes the total value of long positions in the market.

b. When users close their positions, they are required to share their respective funding fees based on their position's proportion to the total size of their side (long or short). Taking the long position as an example: