This article contains the following sections:

What are the fees applied to 1000x Futures?
How is the liquidation price calculated?
How is the funding fee calculated?
What is the ZOOMEX index price?
What are the trading pair limitations?

1. What are the fees applied to 1000x Futures?

Fee formula:

• Trading Fees are calculated the same way: Fee = Input amount × Leverage × 0.04%

• When closing, the fee will be adjusted based on the actual value of the position executed.

2. How is the liquidation price calculated?

Regardless of the liquidity of the underlying market, Zoomex guarantees that liquidation and stop-loss trades will always be filled at the price set when entering the position.

The liquidation price can be calculated as follows:

Long position:

P=(Filled Quantity*Opening Price*（1-1/Leverage）/(1-bust_buffer)) / Filled Quantity

Short position:

P=(Filled Quantity*Opening Price*（1+1/Leverage) / (1+bust_buffer)) / Filled Quantity

Explanation:

Bust Buffer is a parameter set based on current market conditions, designed to protect users’ interests.

All orders in the 1000x Futures section are executed at 100% market price, unaffected by liquidity issues, ensuring fairness in trading.

3. How is the funding fee calculated?

Funding Fee Explanation:

After holding a position for more than 1 hours, you may incur or receive a funding fee depending on market conditions:

Bullish market (positive funding rate): Long positions pay short positions.

Bearish market (negative funding rate): Short positions pay long positions.

Funding Fee Example:

If you hold a $500 BTC long position with 10x leverage and a funding rate of 0.1%, the funding fee after 1 hours would be $0.21 per hour.

If the position is closed within 1 hours, no funding fee will be charged.

4. What is the ZOOMEX index price?

Index Price Calculation:

Zoomex calculates the composite index price every 500 milliseconds.

Data Sources: Real-time prices from the most liquid spot and derivative exchanges worldwide.

By aggregating prices from multiple sources, the index price can promptly correct market manipulation or abnormal trading activities, ensuring fair and reliable pricing.

5. Trading Pair Limitations

To prevent systemic risk, the 1000x Futures section has set the following limits for trading:

Limit Type	Limit (USDT)	Applicable Pairs
Single Trade Opening Limit	300,000	All Pairs
Single User Daily Opening Limit	2,000,000	All Pairs
Single User Total Position Limit	1,000,000	All Pairs