πΈFees
In prop trading on Upscale, fees play a key role in determining your net profitability. While there are no blockchain gas fees or rollover charges, traders should still consider the following fee types:
Fixed open/close fees
Fixed funding fee
Spread
π Open/Close Fees
Every time you open or close a position, a fee is applied.
Action
Fee Rate
Open Position
0.008%
Close Position
0.008%
π Our fixed fees are the most competitive in the industry!
π Funding Fee
Funding fee is hourly payment, exchanged between long and short position holders to maintain alignment between the contract price and the underlying asset's market price. These fees are influenced by the demand for long and short positions in the market.
Unlike dynamic funding rates on exchanges, Upscale uses a fixed funding fee model:
Funding fees are applied every 8 hours
Upscale charges a fixed funding fee of 0.03%.
π Funding is charged proportionally to your position size and is deducted directly from your margin.
π The funding schedule runs on fixed 8-hour cycles. For example:
00:00 UTC
08:00 UTC
16:00 UTC
π Spread
Spread is the difference between the bid price (the price at which you can sell an asset) and the ask price (the price at which you can buy it).
πΉ Simple example: If Bitcoin can be bought at $60,000 and sold at $59,950, then the spread = $50.
The spread is dynamic and depends on:
Selected trading pair
Current market volatility
Market depth
Spread data updates in real-time and is visible in the trading terminal.
π Lowest fees in prop trading: keep more of what you earn!
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