What is the BTC/ETH Futures Scalper Offer?
The BTC/ETH Futures Scalping Offer allows traders to take advantage of 0 fees on closing trades. Let's assume a trader opens and closes their BTC/ETH Futures positions within 15 minutes. As per this offer, they will only need to pay a fee when opening a position and no fees when closing it. This means traders can make quick scalps without worrying about the cost of closing their positions, thereby increasing their profit potential.
Eligible users- All the KYC Users who give their consent by clicking "Join Now" on the pop-up that appears on the BTC USD and ETH USD page will be able to participate in the offer. This pop-up can be accessed by clicking on the scalper offer banner present on the markets page or the "Scalper Offer" mentioned under the "Fees" on the BTC USD and ETH USD page. Trades that are taken before giving the consent will not be considered under this program.
Key Points:
- Scalping Duration: 15 minutes
- Applicable to: BTCUSD and ETHUSD Futures trades only
- Position Closing Fees: Waived for eligible trades
- Applicable on partially closed position of BTCUSD and ETHUSD within 15 mins
How Does It Work?
To understand the benefits, let's look at a few examples.
Example 1: Buy and Sell 1000 contracts of BTC USD Perpetual as Maker
Trade Details:
Buy Price of BTC: $60,000
Maker Fees: 0.02% x Order Notional Size
Order Notional Size: Number of contracts x Lot size x Price of BTC
1000 x 0.001 x $60,000 = $60,000
Position Opening Fee: 0.02% x $60,000 = $12*
Now let’s suppose the BTC price moves to $60,200 and you want to capture this movement by closing this position.
Sell Price of BTC: $60,200
Taker Fees: 0.05% x Order Notional Size
Order Notional Size: Number of contracts x Lot size x Price of BTC
1000 x 0.001 x $60,200 = $60,200
Position Closing Fee: 0.02% x $60,200 = $12.04*
Your Net Profit (Without Scalping Offer) = PNL - Fees = (60,200 - 60,000) - (Opening Fee + Closing Fee)
= 200 - ($12 + $12.04) = $175.96
Your Net Profit (With Scalping Offer) = PNL - Fees = (60,200 - 60,000) - (Opening Fee + Closing Fee)
= 200 - ($12 + 0) = $188
After participating in the Scalping Offer, your net profit is increased by $12.04
Example 2: Buy and Sell 1000 contracts of BTC USD Perpetual as Taker
Trade Details:
Buy Price of BTC: $60,000
Taker Fees: 0.05% x Order Notional Size
Order Notional Size: Number of contracts x Lot size x Price of BTC
1000 x 0.001 x $60,000 = $60,000
Position Opening Fee: 0.05% x $60,000 = $30*
Now let’s suppose the BTC price moves to $60,100 and you want to capture this movement by closing this position.
Sell Price of BTC: $60,100
Taker Fees: 0.05% x Order Notional Size
Order Notional Size: Number of contracts x Lot size x Price of BTC
1000 x 0.001 x $60,100 = $60,100
Position Closing Fee: 0.05% x $60,100 = $30.05*
Your Net Profit (Without Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)
= 100 - ($30.0 + $30.05) = $39.95
Your Net Profit (With Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)
= 100 - ($30 + 0) = $70
After participating in the Scalping Offer, your net profit is increased by $30.05.
Example 3: Buy 1000 contracts of BTC USD Perpetual as Maker and Sell it as Taker
Trade Details:
Buy Price of BTC: $60,000
Maker Fees: 0.02% x Order Notional Size
Order Notional Size: Number of contracts x Lot size x Price of BTC
1000 x 0.001 x $60,000 = $60,000
Position Opening Fee: 0.02% x $60,000 = $12*
Now let’s suppose the BTC price moves to $60,100 and you want to capture this movement by closing this position.
Sell Price of BTC: $60,100
Taker Fees: 0.05% x Order Notional Size
Order Notional Size: Number of contracts x Lot size x Price of BTC
1000 x 0.001 x $60,100 = $60,100
Position Closing Fee: 0.05% x $60,100 = $30.05*
Your Net Profit (Without Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)
= 100 - ($12.0 + $30.05) = $57.95
Your Net Profit (With Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)
= 100 - ($12 + 0) = $88
After participating in the Scalping Offer, your net profit is increased by $30.05.
*Fees excluding GST
To sum up, the benefits of the BTC/ETH Futures Scalping Offer:
1. Increased Profitability: By eliminating the closing fees, you can retain more of your earnings from each trade.
2. Efficient Trading: Scalping within a 5-minute window allows you to capitalize on quick market movements.
3. Cost Savings: Significant savings on closing fees enhance your overall trading efficiency.
Please Note-
- Delta Exchange reserves the right to change the terms of the promotion or discontinue the promotion for any user or all users at any time without prior notice.
- The Scalper offer is not applicable for internal, corporate, RMM, and MM users.
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