**Profit share fee - **Fee is based on the total amount (own funds + borrowed amount), and only charged on profitable MultiHodls.

**The formula for Long MultiHodls:**

*Profit Share Fee amount =**(total amount * initial price * profit share fee% / 2) + (total amount * closing price * profit share fee% / 2)*

**The formula for Short MultiHodls:**

*Profit Share Fee amount = (total amount / initial price * profit share fee% / 2) + (total amount / closing price * profit share fee% / 2)*

**Note:**

for Long MultiHodls Total amount is measured in Base Ticker (such as BTC in BTC/USDT pair);

for Short MultiHodls Total amount is measured in Quote Ticker (such as USDT in BTC/USDT pair).

**Example for Long MultiHodl:**

Pair: BTC/USDT

Initial price: 58000

Closing (or current) price: 59000

Own amount: 0.01 BTC

Leverage: x 5

Borrowed amount: 0.04 BTC or 2320 USDT (0.04 * current rate 58000)

Total amount: 0.05 BTC (Own amount + borrowed amount)

Profit Share Fee = 0.0045 (0.45%)

Profit Share Fee amount calculation:

*([total amount 0.05 BTC] * [initial price 58000] * [profit share fee 0.0045] / 2) + ([total amount 0.05 BTC] * [closing price 59000] * [profit share fee 0.0045] / 2) = 13.16 USDT*

Profit Share Fee amount = 13.16 USDT

**Example for Short MultiHodl:**

Pair: BTC/USDT

Initial price: 58000

Closing (or current) price: 59000

Own amount: 0.01 BTC

Leverage: x 5

Borrowed amount: 0.04 BTC

Total amount: 0.05 BTC (Own amount + borrowed amount)

Profit Share Fee = 0.0045 (0.45%)

Profit Share Fee amount calculation:

*([total amount 0.05 BTC] / [initial price 58000] * [profit share fee 0.0045] / 2) + ([total amount 0.05 BTC] / [closing price 59000] * [profit share fee 0.0045] / 2) = 0.000223 BTC*

Profit Share Fee amount = 0.000223 BTC

**Please be advised:**

**Multi HODL Profit share fee applies for deals opened after 07/04/2021:****You pay the fee only for profitable deals, and the Profit share fee cannot be higher than the actual profit.**