TBanque Crypto Pricing Example

A fee of 1% is calculated for both the OPEN and the CLOSE transactions of your position, at the time that you open the position. The 1% fee is added to the market price.

As soon as you open a new position, you will see a loss in the position. This is the fee: the 1% cost of buying the cryptoasset, and the 1% expected cost of selling the cryptoasset.

Important: When you close the position, the selling fee is adjusted to reflect the market price of the cryptoasset at that time.

Position Open
DOGE Price on TBanque Transaction fee Market prices*
Ask $0.2000 1.00% $0.1980
Bid $0.1950 1.00% $0.1970

 

 

How much you invested $1,000
How many DOGE units you get 5,000
What you see as the USD value of your position immediately after you open the position $975
Your P&L immediately after opening a position (see breakdown below) -$24.8

P&L breakdown

Fees (buy and sell) -$19.75 1% of both the ask and bid prices
Market spread -$5.05 Difference between ask and bid prices
Total P&L -$24.8
Position Close
DOGE Price on TBanque Transaction fee Market prices*
Ask $0.2560 1.00% $0.2535
Bid $0.2500 1.00% $0.2525

 

 

 

How many DOGE units you sold 5,000
Total Fee Adjustment -$2.78 **
Total return to Balance $1,250.06
Total P&L $250.06
**1% * number of units you sold * (close bid market rate open bid market rate)

P&L breakdown

Fees (buy and sell) -$22.53 1% of both the ask and bid prices
Market spread $272.59 Difference between ask and bid prices
Total P&L $250.06

 

 

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