How much does the price need to change on BitMEX in order to be profitable?

3 answers

• Dec 28, 2021 · 3 years ago
  To be profitable on BitMEX, the price needs to change by at least the trading fee percentage plus any additional costs such as funding fees or overnight fees. It's important to consider these fees when calculating the minimum price change required for profitability. Additionally, factors like leverage and position size can also affect the profitability threshold on BitMEX. It's recommended to use a profit calculator or consult with a professional trader to determine the exact minimum price change needed for profitability on BitMEX.
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• Dec 28, 2021 · 3 years ago
  In order to be profitable on BitMEX, the price needs to move in your favor by an amount that covers your trading costs. These costs include the trading fee, funding fees, and any other associated fees. The exact minimum price change required for profitability depends on the specific fees and costs associated with your trades. It's important to carefully consider these costs and factor them into your trading strategy to ensure profitability on BitMEX.
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• Dec 28, 2021 · 3 years ago
  When it comes to profitability on BitMEX, the minimum price change required depends on various factors such as the trading fee percentage, leverage used, and the size of your position. It's crucial to consider these factors and calculate the minimum price change needed to cover your trading costs and achieve profitability. Keep in mind that trading on BitMEX involves risks, and it's always recommended to conduct thorough research and seek professional advice before making any trading decisions.
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