1. Where to start grid trading after I enabled the Futures Grid?
In BingX Pepertual Futures. The trading fee and funding fee settlement, trading pairs, and leverage limits of Futures Grid are the same as Perpetual Futures.
2. What are the trading fees for Futures Grid?
Same as BingX Perpetual Futures. The trading fee rate is 0.02% for common makers and 0.05% for common takers. VIP users will enjoy discounts on the trading fee rates according to their VIP level.
For more details, please refer to https://support.bingx.com/hc/en-001/articles/360027240173-Fee-Schedule
3.Does it support copy trading?
Unlike Spot Grid, Futures Grid doesn't support copy trading for now.
4.What are the recommended parameters based on?
The recommended parameters are calculated based on the backtest of historical data. It is for reference only.
5. What is the profit per grid?
The average profit from each buying - selling within the price range, minus fees.
6. Is the Futures Grid an arithmetic grid or geometric grid?
Arithmetic grid. That is, each grid has an equal price difference.
7. What is the total profit?
Total profit = Arbitrage profit + Unrealized PnL
8. What is arbitrage profit? What is unrealized PnL?
Arbitrage profit: the difference between one sell order and one buy order.
Unrealized PnL: the profit or loss generated in pending orders and open positions.
9.Will the forced liquidation occur when the Stop Loss (SL) is triggered?
When the SL is triggered, the system will stop the grid and close all positions under the grid.
10. Does the funding rate apply?
If you have open positions at the funding occurring time, funding fees will be settled. The funding rate is the same as BingX Pepertual Futures.