BYDFi Copy Trade: Trader Profit Sharing

In BYDFi Copy Trading, traders can earn additional income through profit sharing. This article explains the profit sharing conditions, settlement process, commission rate settings, and real examples to help both traders and followers clearly understand how revenue distribution works.

Profit Sharing Conditions

1. Settlement After All Positions Are Closed

When all follower positions linked to a trader are fully closed, the system will calculate and settle profit sharing the next day.

2. No Settlement for Open Positions

If a follower still has any open copy trading orders, profit sharing will be postponed. Settlement will only take place the day after the last position is closed.

Profit Sharing Settlement Process

1. Pre-deduction and Settlement Time

• When a trader closes a position and the follower makes a profit, the system will pre-deduct the profit share from the follower’s account.
• At 11:00 (UTC+8) the next day, the system will calculate the total actual profit generated between 08:00 (UTC+8) of the previous day to 08:00 (UTC+8) of the current day, and determine the final payable profit share.

2. Refund of Over-deduction

• If the actual payable profit share is lower than the pre-deducted amount, the system will refund the difference to the follower’s account. The remaining amount will then be settled to the trader.

3. Profit Share Status

• Pending Profit Share (USDT): Accumulated profit share from profitable copy trading orders that have not yet been settled. This value is dynamic and may decrease if subsequent copy trades incur losses.
• Settled Profit Share (USDT): The total amount of profit share that has already been paid out to the trader.

4. Special Cases

• To protect followers, if pre-deduction of profit share causes or may cause liquidation (margin call), the system will not pre-deduct profit share for that specific order. In such cases, the trader will not receive any commission from that order.

Trader Commission Rate

• By default, BYDFi sets the trader’s profit sharing rate at 10%.
• Traders can adjust their commission rate under My Lead Trade → Trade Settings.

Profit Sharing Examples

Example 1: Single Profitable Order

User A follows Trader M and opens BCHUSDT, making a profit of 15 USDT.

All positions are closed before 08:00 (UTC+8) the next day.

• Pre-deduction: 15 × 10% = 1.5 USDT
• Settlement at 11:00 (UTC+8): Trader M receives 1.5 USDT profit share.

Example 2: Multiple Orders with Mixed Results

User B follows Trader M:

• BTCUSDT profit: 50 USDT
• ETHUSDT loss: 20 USDT

Pre-deduction: 50 × 10% = 5 USDT

Final Settlement: (50 – 20) × 10% = 3 USDT

Refund: 5 – 3 = 2 USDT returned to User B

Trader M receives: 3 USDT

Example 3: Partial Closed, Partial Open Positions

User C follows Trader M:

• BTCUSDT profit: 40 USDT → Closed
• ETHUSDT profit: 30 USDT → Still open
• BCHUSDT loss: 20 USDT → Still open

Pre-deduction: (40 × 10%) + (30 × 10%) = 7 USDT

Next-day settlement: Only the closed BTCUSDT is counted → 40 × 10% = 4 USDT paid to Trader M

ETHUSDT and BCHUSDT will be settled after they are fully closed.

Summary

The BYDFi Copy Trading profit sharing system ensures:

• Traders earn fair revenue from successful strategies
• Followers do not pay any commission when they incur losses
• Automatic and transparent settlement for both parties