"OK, I understand the RPS formula. But is our RPS — actually — high or low compared to our industry?" Right after I published the RPS-definition guide last week, this was the most common question I got back from EC operators. They want to know where they sit, not just how to compute the number. Knowing your RPS is $1.20 means nothing if you don't know whether that's the industry median, the top qu
Most trading fee calculators show you two numbers: the dollar amount and the percentage of notional. Both are correct. Neither is useful. Here's the problem. Say you're trading Bitcoin perpetuals on Bybit. Taker fee is 0.055% each side. You buy $10,000 notional. Entry fee: $5.50 Exit fee: $5.50 Round trip: $11.00 Does that matter? Impossible to say without knowing one more number: how much are you