To ensure fair and transparent profit distribution between traders and copiers, TruBit Pro uses a daily settlement and dynamically adjusted profit-sharing calculation method. By withholding profit-sharing on the profits and losses of each closed position and adjusting it during the daily settlement, we ensure that traders receive reasonable profits based on actual earnings, while preventing copiers from incurring unnecessary profit-sharing expenses in case of losses.
Profit-sharing Deduction
The system calculates the withheld profit-sharing (S) for each trade based on the following:
S= ∑pnl * x% - A
Where:
• ∑pnl is the accumulated profit and loss of the current copy trading project,
• x% is the profit-sharing percentage,
• A is the amount of profit-sharing already distributed.
(Note: Profit-sharing withholding is not applied to losing positions.)
Example:
Date | Operation | Position pnl | Accumulated pnl | Profit Shared | Deducted Profit Sharing |
7.22 | BTCUSDT Long | 200 | 200 | 0 | 200*10%=20 |
7.22 | BTCUSDT Long | -50 | 150 | 20 | 0 |
| ETHUSDT Short | 100 | 250 | 20 | 250*10%-20=5 |
7.22 | - | - | 250 | 25 | - |
7.22 | BCHUSDT Short | -300 | -50 | 25 | 0 |
7.22 | - | - | -50 | 25 | - |
7.22 | ETCUSDT Short | 500 | 450 | 25 | 450*10%-25=20 |
7.22 | BTCUSDT Short | 50 | 500 | 45 | 500*10%-45=5 |
Profit-sharing Settlement & Refund
The system will review everyday the profit and loss status of the copy trading projects for that day and determine whether to settle profit-sharing accordingly:
If the accumulated pnl of the project at daily settlement is ≤ 0,
the deducted profit-sharing for the day will be refunded, and no profit-sharing settlement will be made;
If the accumulated pnl of the project at daily settlement is > 0,
the system will compare the total accumulated PnL (ΣPNL) with the accumulated pnl for the day (Σpnl):
If ΣPNL ≤ Σpnl, no profit-sharing will be made, and the deducted profit-sharing for the day will be refunded.
If ΣPNL > Σpnl, the system will calculate the final profit-sharing amount for the project.
If there are still open copy positions at the time of daily settlement, the settlement will be postponed and moved to the next day.
Example:
Date | Daily Σpnl | Accumulated ΣPNL | Profit to be Shared | Profit Already Shared | Pending Profit Sharing |
7.22 | 500 | 500 | 50 | 0 | 50 |
7.23 | -600 | -100 | 0 | 50 | 0 |
7.24 | 800 | 700 | 70 | 50 | 20 |
7.25 | -200 | 500 | 50 | 70 | 0 |
7.26 | 1000 | 1600 | 160 | 70 | 90 |
7.26 Daily Settlement:
Daily Σpnl: 1000 USDT
Daily Deducted Amount: 1000 × 10% = 100 USDT
Actual Profit to be Shared: 1600 × 10% - 70 = 90 USDT
Refund: 100 - 90 = 10 USDT
If you have questions regarding this information, please contact the TruBit Team via our chat channel or email us Here and we'll be in touch!