HTX Futures Copy Trading Profit Sharing Rules
- Copy Trading Guides
- Settlement Time
Regular Settlement Time: 00:00:00 (UTC+8) on Mondays
Special Settlement Time: When a follower cancels copy trading
Settlement Cycle: One calendar week, from Monday 00:00:00 (UTC+8) to Sunday 23:59:59 (UTC+8)
- How to View Profit Share
For Lead Traders: Go to Futures Copy Trading > Me > Lead Trades
For Followers: Go to Futures Copy Trading > Me > Current Trades / History > select the trader > view Shared Profits
Cumulative Profit Shared: The amount of profit that has been settled and distributed to a lead trader's account.
Last Profit Shared: The profit share during the previous settlement cycle, including both regular and special settlements.
Est. Current Profit Shared: The amount of profit shared that the lead trader anticipates receiving in the upcoming settlement period.
Shared Profits: The amount deducted from a follower and paid to their lead trader.
- Profit Share Settlement
1) When a follower closes a profitable position, the system calculates the profit share and records it under Est. Current Profit Shared.
2) Special Settlement: When a follower cancels copy trading, the system immediately calculates profit share and records it under their lead trader's Cumulative Profit Shared. The Est. Current Profit Shared updates accordingly.
3) Regular Settlement: At a fixed settlement time, if a follower still has open positions linked to a lead trader, the profit share will not be settled and given for that settlement. Only after all of the follower's positions linked to that trader are closed will the profit share be calculated and settled. Once it is settled, the Cumulative Profit Shared, Last Profit Shared, and Est. Current Profit Shared are updated.
- How Profit Sharing Works
If a follower incurs a loss after closing a position, no profits will be deducted.
For each profitable order closed by a follower, the system will pre-deduct an amount corresponding to the sharing ratio set by their lead trader and allocate it for profit sharing. At the time of settlement, if the pre-deducted amount exceeds the actual share for the lead trader, the excess amount will be refunded to the corresponding follower's account, while the actual profit share will be credited to the lead trader's account.
Examples:
Scenario 1: Follower's Orders All Closed Before Regular Settlement
Let's say Trader A initiates multiple trades, with the profit sharing ratio set at 10%. The following table outlines the status of Follower B, who mirrors Trader A's trades.
| Date |
Follower B's Activity |
Daily PnL (After Fees) |
Daily Profit Share Pre-Deducted |
| January 1 (Monday) |
Placed 6 copy trading orders, none of which have been closed. |
0 USDT |
0 USDT |
| January 2 (Tuesday) |
One order was closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 3 (Wednesday) |
One order was closed, with no new orders placed that day. |
+200 USDT |
20 USDT |
| January 4 (Thursday) |
One order was closed, with no new orders placed that day. |
-100 USDT |
0 USDT |
| January 5 (Friday) |
One order was closed, with no new orders placed that day. |
-100 USDT |
0 USDT |
| January 6 (Saturday) |
Two orders were closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 7 (Sunday) |
No trading activity |
0 USDT |
0 USDT |
| Regular Settlement |
Settlement can now proceed, as all copy trading orders placed by Follower B have been closed within the settlement period: January 1-7 (Monday to Sunday) Follower B's Net PnL (Jan 1-7): 100+200-100-100+100=200 USDT Pre-deducted Amount for Profit Sharing (Jan 1-7): 10+20+10=40 USDT Actual Profit Shared by Trader A: 200 * 10%=20 USDT Amount Refunded to Follower B's Account: 40-20=20 USDT |
||
Scenario 2: Follower Cancels Copy Trading Before Regular Settlement
Let's say Trader A initiates multiple trades, with the profit sharing ratio set at 10%. The following table outlines the status of Follower B, who mirrors Trader A's trades. Follower B closes all positions and unfollows Trader A on January 6.
| Date |
Follower B's Activity |
Daily PnL (After Fees) |
Daily Profit Share Pre-Deducted |
| January 1 (Monday) |
Placed 6 copy trading orders, none of which have been closed. |
0 USDT |
0 USDT |
| January 2 (Tuesday) |
One order was closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 3 (Wednesday) |
One order was closed, with no new orders placed that day. |
+200 USDT |
20 USDT |
| January 4 (Thursday) |
One order was closed, with no new orders placed that day. |
-100 USDT |
0 USDT |
| January 5 (Friday) |
One order was closed, with no new orders placed that day. |
-100 USDT |
0 USDT |
| January 6 (Saturday) |
Two orders were closed, with no new orders placed that day. Unfollowed their lead trader. |
+100 USDT |
10 USDT |
| Special Settlement |
Settlement can now proceed, as all copy trading orders placed by Follower B have been closed within the settlement period: January 1-6 (Monday to Saturday) Follower B's Net PnL (Jan 1-6): 100+200-100-100+100=200 USDT Pre-deducted Amount for Profit Sharing (Jan 1-6): 10+20+10=40 USDT Actual Profit Shared by Trader A: 200 * 10%=20 USDT Amount Refunded to Follower B's Account: 40-20=20 USDT |
||
Scenario 3: Some Orders Still Open Before Regular Settlement
Let's say Trader A initiates multiple trades, with the profit sharing ratio set at 10%. The following table outlines the status of Follower B, who mirrors Trader A's trades.
| Date |
Follower B's Activity |
Daily PnL (After Fees) |
Daily Profit Share Pre-Deducted |
| January 1 (Monday) |
Placed 6 copy trading orders, none of which have been closed. |
0 USDT |
0 USDT |
| January 2 (Tuesday) |
One order was closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 3 (Wednesday) |
One order was closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 4 (Thursday) |
No trading activity |
0 USDT |
0 USDT |
| January 5 (Friday) |
No trading activity |
0 USDT |
0 USDT |
| January 6 (Saturday) |
No trading activity |
0 USDT |
0 USDT |
| January 7 (Sunday) |
No trading activity |
0 USDT |
0 USDT |
| Regular Settlement |
As of the settlement time, 4 out of the 6 copy trading orders placed by Follower B haven't been closed yet. Therefore, no settlement will occur for the settlement period: January 1-7 (Monday to Sunday) Follower B's Net PnL (Jan 1-7): 100+100=200 USDT Pre-deducted Amount for Profit Sharing (Jan 1-7): 10+10=20 USDT Note: As the follower still holds orders copied from the trader, the profit share will not be calculated in this settlement cycle. |
||
| January 8 (Monday) |
One order was closed, with no new orders placed that day. |
-50 USDT |
0 USDT |
| January 9 (Tuesday) |
No trading activity |
0 USDT |
0 USDT |
| January 10 (Wednesday) |
Two orders were closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 11 (Thursday) |
One order was closed, with no new orders placed that day. |
+100 USDT |
10 USDT |
| January 12 (Friday) |
No trading activity |
0 USDT |
0 USDT |
| January 13 (Saturday) |
No trading activity |
0 USDT |
0 USDT |
| January 14 (Sunday) |
No trading activity |
0 USDT |
0 USDT |
| Regular Settlement |
Follower B's Unrealized Net PnL (Jan 1-7): 200 USDT Pre-deducted Amount for Profit Sharing (Jan 1-7): 20 USDT
Settlement can now proceed, as all copy trading orders placed by Follower B have been closed within the settlement period: Jan 8-14 (Monday to Sunday). Follower B's Net PnL (Jan 8-14): -50+100+100=150 USDT Pre-deducted Amount for Profit Sharing (Jan 8-14): 10+10=20 USDT
Follower B's total PnL = Unrealized net PnL (Jan 1-7) + Net PnL (Jan 8-14) = 200+150=350 USDT Total pre-deducted amount = Pre-deducted amount (Jan 1-7) + Pre-deducted amount (Jan 8-14) = 20+20 = 40 USDT
Actual Profit Shared by Trader A: 350 * 10%=35 USDT Amount refunded to Follower B's account: 40-35=5 USDT |
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