1. Profit Sharing Settlement Method and Account System
1. Profit Sharing Settlement Cycle
The copy trading system settles the profit sharing for signal providers on a “natural week” basis. The specific cycle is as follows:
- Profit and loss statistics period: Monday 00:00:00 (UTC) to Sunday 23:59:59 (UTC) each week
- Settlement time: Monday 00:00:00 (UTC) each week, the system will automatically complete the settlement of the previous week’s profit sharing
2. Profit Sharing Base
The profit sharing amount is based on the “net profit of the signal follower,” with two costs deducted before settlement:
- Trading fees generated by the copy trading orders (including opening and closing fees);
- Funding fees incurred during the holding period of the copy trading orders.
3. Fund Ownership and Settlement
- No need to switch accounts; all copy trading operations and profit sharing settlements are completed within your contract account. After settlement, the profit sharing amount can be viewed directly in the account.
2. Profit Sharing Requirements
1. Position Association Rules:
- There is an association between the orders of the signal follower and the signal provider (i.e., the follower’s orders are generated by following the provider’s orders);
- If the follower’s associated orders with the provider are fully closed (no association), settlement occurs that week; if the follower has open orders, settlement is postponed to the corresponding week after full closure.
2. Profit Sharing Ratio Rules:
- Settlement is based on the signal provider’s level ratio at the time of order opening (the ratio remains unchanged during the follow period):
- When the signal provider upgrades from L2 (12%) to L3 (15%):
- Old orders: settled at 12%.
- New orders: settled at 15%.
3. Profit Sharing Settlement Examples
Example 1: Single order fully closed, normal settlement
- Scenario: User A follows signal provider B to open a BTCUSDT position, earning 100 USDT, fully closed within the week, with the provider’s current profit sharing ratio at 12%;
- Calculation: Profit sharing amount = (100 USDT - order fees / funding fees) × 12%;
- Result: At Monday’s settlement, the profit sharing amount is automatically credited to signal provider B’s contract account.
Example 2: Multiple orders partially fully closed, partial settlement
- Scenario: User C follows signal provider D’s 3 trades: BTCUSDT (profit 150 USDT, closed), ETHUSDT (profit 100 USDT, closed), SOLUSDT (loss 50 USDT, open), profit sharing ratio 15%;
- Calculation: This week only BTCUSDT and ETHUSDT closed orders are settled. Profit sharing amount = (150 + 100 - order fees / funding fees) × 15%;
- Result: SOLUSDT is still open; its loss is temporarily not deducted. After full closure, it will be included in the profit sharing settlement of the closing week (if there is net profit after closure, it will be settled proportionally).
Example 3: All orders are open, no settlement triggered
- Scenario: User E follows all of signal provider F’s orders (including profit and loss) which remain open this week;
- Result: No profit sharing settlement this week; settlement will be done after all orders are fully closed, included in the closing week’s profit sharing.
Example 4: Multi-week closure, cross-cycle settlement
- Scenario: User G follows signal provider H’s ETHUSDT order, opened on October 20, fully closed on October 28 (crossing two weeks), profit sharing ratio 12%;
- Calculation: This order’s profit sharing is included in the settlement for the week of October 27 - November 2 (the closing week), settled at the 12% ratio from October 20 opening;
- Result: On November 3 (Monday) settlement, the corresponding profit sharing is credited.
4. Additional Notes
- Profit sharing refunds: The system will only process profit sharing refunds in cases of calculation errors, order anomalies, or other special circumstances;
- Viewing profit sharing: Signal providers can view historical cumulative profit sharing, recent profit sharing, estimated pending profit sharing (unsettled profit sharing total), profit sharing ratio, and next profit sharing countdown in the “Profit Sharing Records” section of the contract account;
- Timezone reminder: All settlement times are based on UTC timezone. Users in different timezones should convert accordingly to avoid misunderstandings about settlement timing.
Comments
0 comments
Article is closed for comments.