Fees
There are two types of trading fees you will see on Crust Exchange: Position and Funding fees
Position Fee:
Crypto Asset - To open a position, you will need to pay a maximum 0.25% fee of the position size opened. Same amount must be paid to close a position.
Forex Asset - To open a position, you will need to pay a maximum 0.015% fee of the position size closed. Same amount must be paid to close a position.
Funding Fee: Once a position is opened it starts to accrue funding fees based on how much is being borrowed from the vault and the current funding rate (which resets every 4 hours and is also dependent on if Long (L) or Short (S) as shown in the image below). The longer a position is held open the higher the funding fee will be which is paid out upon closing the position$
As an example, assume you open a $10,000 $ETH Long position with 5x leverage (meaning you're borrowing $8,000) and you close this trade out completely 6 hours later, or 2 funding periods. Also assume the rate (0.051%) given in the above image doesn't change over this 6 hour period. Your total funding fee would be:
Fee Discounts
TIP: In order to pay less Trading Fees on any asset class, users can stake $Crust and/or $esCrust tokens. (see table below.)
500
2%
2,500
3%
5,000
5%
10,000
10%
25,000
15%
50,000
20%
100,000
30%
250,000
40%
500,000
50%
Distribution of collected fees:
50% → $CLP pool (in $USDT) 10% → $CLP stakers (in $esCrust) 5% → $Crust stakers (in $USDT) 10% → $Crust stakers (in $esCrust) 25% → Treasury Fund
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