Trader Profit Sharing
Trader Profit Sharing is the profit distribution mechanism in copy trading.
1. Profit Sharing Settlement Method
1. When a trader closes a position, if the follower generates a profit and meets
the profit-sharing requirements, the system will pre-deduct the profit share
from the follower's account, then settle at 8:00 AM (UTC+8) the next day by calculating
the follower's actual total profit for the day. This "actual total profit" is
the actual profit share payable to the trader.
2. If the actual payable profit share is less than the pre-deducted amount from
the follower's account, the excess deducted profit share will be returned to
the follower's account, and the remaining portion will be settled to the trader.
3. Estimated Pending Profit Share (USDT): The profit share earned from copy trading
is uniformly converted to USDT for display. The estimated pending profit share
is a dynamic value that may decrease if the follower closes a losing copy trade.
4. Yesterday’s Profit Share (USDT): The system settles daily at 8:00 AM (UTC+8),
distributing the profit share to the trader for all follower profits that met
the profit-sharing requirements upon closing positions the previous day.
5. Cumulative Profit Share Paid (USDT): All profit shares already paid, uniformly
converted to USDT for display. The actual currency used for profit share payment
is the margin currency used by the user when copying trades.
2. Profit Sharing Requirements
1. Profit sharing occurs the next day only if the follower no longer has any
position related to the trader (i.e., all copy orders for the day have been closed).
2. If the user has any open copy orders, no profit share will be given until
all positions are closed, then the profit share will be summarized the next day.
3. Profit Sharing Account
The trader’s profit share is credited to the follower account used for copy trading.
4. Examples
“Estimated Pending Profit Share” includes: profit shares from historically closed
profitable orders and from profitable orders closed today.
Example:
Users A / B / C / D follow trader M opening positions on contracts: BTC/USDT,
ETH/USDT, ADA/USDT.
Scenario 1:
User A follows trader M opening ADA/USDT, earning 100 USDT profit. User A closes
all positions before settlement.
Pre-deducted profit share: 100 USDT * 10% = 10 USDT, so the trader receives 10
USDT profit share at next day’s settlement.
Scenario 2:
User B follows trader M opening BTC/USDT, ETH/USDT, and ADA/USDT contracts, with
BTC/USDT profit 30 USDT, ETH/USDT profit 20 USDT, ADA/USDT loss 10 USDT. User
B closes all positions before settlement.
Estimated pre-deducted profit share: 30 USDT * 10% + 20 USDT * 10% = 5 USDT.
At settlement, total net profit is 30 + 20 - 10 = 40 USDT, so actual profit share
is 40 USDT * 10% = 4 USDT. The follower is refunded: 5 USDT - 4 USDT = 1 USDT.
Scenario 3:
User C follows trader M opening BTC/USDT, ETH/USDT, and ADA/USDT contracts, with
BTC/USDT profit 30 USDT, ETH/USDT profit 20 USDT, ADA/USDT loss 10 USDT. Before
settlement, User C closes profitable orders but keeps losing orders open.
Estimated pre-deducted profit share: 30 USDT * 8% + 20 USDT * 8%. No profit share
is paid to the trader at next day’s settlement. If User C closes the losing orders
on day 3, then estimated pre-deducted profit share remains 30 USDT * 8% + 20
USDT * 8%, and at day 4’s settlement the trader receives 4 USDT profit share,
with 1 USDT refunded to the follower.
Scenario 4:
User D follows trader M opening BTC/USDT, ETH/USDT, and ADA/USDT contracts, with
both profitable and losing orders still open before settlement.
No pre-deduction will be made.
