What is the Futures & Options Scalper Offer?
The Futures & Options Scalper Offer allows traders to take advantage of 0 fees on closing trades. Traders only need to pay a fee when opening a position, and no fees will be charged when closing it. This enables quick scalps without worrying about additional costs.
Eligible Users:
All KYC-verified users who give their consent by clicking "Join Now" on the pop-up that appears on the Trade 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" section on the Trade page. Trades that are taken before giving consent will not be considered under this offer.
Key Points:
Futures Scalper Offer
This offer applies to all Coins Futures trades where the position is closed within 15 minutes. Traders only pay fees when opening the position, and closing fees are waived.
Scalping Duration: 15 minutes
Applicable to: All Coins Futures trades
Position Closing Fees: Waived for eligible trades
Partially Closed Positions: The offer applies to partially closed Futures positions within 15 minutes
Options Scalper Offer
This offer applies only to BTC Options trades closed within 1 hour. Traders only pay fees when opening the position, and closing fees are waived. Trades placed after 12 PM IST will not be classified as scalping if they are for contracts that expire within the next 5 hours and 30 minutes. This means that if a trader executes a trade post-12 PM IST for an options contract that is set to expire at 5:30 PM IST same day, then it will not be considered as a scalping trade. This offer does not apply to ETH Options trades.
Scalping Duration: 1 hour
Applicable to: BTC Options trades only
Position Closing Fees: Waived for eligible trades
Not Applicable to: ETH Options trades
Partially Closed Positions: The offer applies to partially closed BTC Options positions within 1 hour
In BTC options scalping, trades placed after 12 PM IST will not be considered scalping for contracts expiring within the next 5 hours and 30 minutes
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 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
Benefits of the Scalper Offer:
Increased Profitability: By eliminating the closing fees, you can retain more of your earnings from each trade.
Efficient Trading: Scalping within the defined time window allows you to capitalize on quick market movements.
Cost Savings: Significant savings on closing fees enhance your overall trading efficiency.
Important Notes:
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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