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.
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 |
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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