I. Profit Sharing Settlement Method and Account System
Profit Sharing Settlement Cycle
- The copy trading system settles profit sharing for signal providers on a "natural week" basis. The specific cycle is as follows:
- Profit/Loss Calculation Period: Monday 00:00:00 (UTC) to Sunday 23:59:59 (UTC)
- Settlement Time: Every Monday at 00:00:00 (UTC), the system automatically completes the settlement of profit sharing for the previous week.
Profit Sharing Base Amount
- The profit sharing amount is based on the "net profit of the copy trader." Before settlement, two costs are deducted:
- Trading fees generated by copy orders (including opening and closing fees).
- Funding fees incurred during the holding period of copy orders.
Fund Ownership and Settlement
- No need to switch accounts. All copy trading operations and profit sharing settlements are completed within your contract account. After settlement, you can view the results directly in your account.
II. Profit Sharing Requirements
Position Association Rules:
A copy trader and a signal provider are associated at the order level (i.e., the copy trader follows the signal provider's order).If the associated orders between the copy trader and the signal provider are fully closed (no association remains), settlement occurs in the current week. If the follower has open orders, settlement is postponed to the corresponding week after all orders are fully closed.
Profit Sharing Ratio Rules:
Settlement is based on the signal provider's level ratio at the time of order opening (the ratio remains unchanged during the following period).Example: After a signal provider upgrades from L2 (12%) to L3 (15%):
Old orders: Settled at 12%.New orders: Settled at 15%.
III. Profit Sharing Settlement Examples
Example 1: Single Order Fully Closed, Normal Settlement
- Scenario: User A follows Signal Provider B to open a BTCUSDT position, earning a profit of 100 USDT, and fully closes the position within the week. The signal provider’s current profit sharing ratio is 12%.
- Calculation: Profit sharing amount = (100 USDT - order fees / funding fees) × 12%.
- Result: The profit sharing amount is automatically credited to Signal Provider B’s contract account during settlement on Monday.
Example 2: Multiple Orders Partially Closed, Partial Settlement
- Scenario: User C follows Signal Provider D in 3 trades: BTCUSDT (profit 150 USDT, closed), ETHUSDT (profit 100 USDT, closed), SOLUSDT (loss 50 USDT, not closed). Profit sharing ratio: 15%.
- Calculation: This week, only the closed BTCUSDT and ETHUSDT orders are settled. Profit sharing amount = (150 + 100 - order fees / funding fees) × 15%.
- Result: The loss from SOLUSDT (not closed) is not deducted temporarily. After it is fully closed later, it will be included in the profit sharing settlement of the closing week (if there is net profit after closing, it will be settled proportionally).
Example 3: All Orders Not Closed, No Settlement Triggered
- Scenario: All orders (including profits and losses) followed by User E from Signal Provider F are not closed this week.
- Result: No profit sharing settlement occurs this week. Settlement will take place in the week when all orders are fully closed.
Example 4: Multi-Week Closing, Cross-Cycle Settlement
- Scenario: User G follows Signal Provider H’s ETHUSDT order, opened on October 20 and fully closed on October 28 (spanning two weeks). Profit sharing ratio: 12%.
- Calculation: The profit sharing for this order is included in the settlement for October 27 to November 2 (the closing week) and settled at the 12% ratio in effect at the time of opening on October 20.
- Result: The corresponding profit sharing is disbursed during settlement on November 3 (Monday).
IV. Additional Notes
- Profit Sharing Refunds: Refunds are only processed by the system under special circumstances, such as calculation errors or abnormal orders in settled profit sharing.
- Viewing Profit Sharing: Signal providers can view historical cumulative profit sharing, recent profit sharing, estimated pending profit sharing (sum of unsettled profit sharing), profit sharing ratios, and the countdown to the next profit sharing in the "Profit Sharing Records" section of their contract account.
- Time Zone Reminder: All settlement times are based on the UTC time zone. Users across different time zones should convert the time according to their local time zone to avoid misunderstandings about the settlement schedule.