Fees
Storm Trade users pay two types of fees:
๐ Network Fee โ paid for executing transactions on the TON blockchain;
โ๏ธ Storm Trade Protocol Fee โ paid for using the platform and executing trades.
๐ TON Blockchain Network Fee
The network fee consists of several components and is calculated based on various factors such as transaction size, content, network state, and execution time.
๐ก Note: It's difficult to predict the exact amount of the network fee in advance. That's why many services temporarily reserve a higher amount and refund the unused portion after the transaction is complete.
On Storm Trade, approximately ~0.25 TON is deducted when opening a position. ~0.17 TON is usually refunded back to the userโs wallet after execution.
๐ Network Fee Calculation Formula:
storage_fees
Fee for storing the smart contract in the blockchain when sending/receiving
in_fwd_fees
Fee for delivering inbound external messages
computation_fees
Fee for executing code in the TON Virtual Machine (TVM)
action_fees
Fee for executing smart contract actions
out_fwd_fees
Fee for sending outbound internal messages
โ๏ธ Storm Trade Protocol Fee
This fee is charged when opening and closing a position and is automatically deducted from the margin amount.
๐ Fee rates depend on the trading pair:
๐ For USDT pairs โ from 0.06% to 0.12%
๐ For TON/NOT pairs โ from 0.12% to 0.2%
๐ก Example: If you open a 100 USDT position with 10x leverage in a USDT pair:
100 * 10 * 0.0012 = 1.2 USDT
will be charged as a trading fee.
๐ Funding
Funding refers to hourly payments between traders on opposite sides of the market, commonly used in perpetual futures trading.
๐ How funding works:
If the majority opens long positions and funding turns positive:
๐ธ Long traders pay, short traders receive.
If the market is dominated by short positions and funding turns negative:
๐ธ Short traders pay, long traders receive.
๐ Funding helps maintain the balance between supply and demand in perpetual futures markets.
๐ By understanding the fee structure, you can better manage your trades and reduce unnecessary costs on Storm Trade.
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