Futures Bonus Distribution Rules for the futures Carnival

The Futures bonus is a reward given to users through various operational and promotional activities.

Unlike real funds, the bonus is sent to your USDT Futures trading account and can only be used for Futures trading rather than transferring to Spot wallets or withdrawing.

Future Bonus Explanation：https://support.lbank.com/hc/en-gb/articles/21427118795161 

Bonus Calculation Rules:

The bonus amount you can receive depends on the smaller value of the following two conditions:

1. Remaining Bonus Quota = Total Bonus Limit - Total Bonuses received During the Event
2. Eligible Bonus = Initial Bonus - Total Bonuses received During the Event

• • Initial Bonus refers to the theoretical bonus value calculated based on the net transfer-in amount in your futures account during the event, using the specified bonus ratio.
  • Initial Bonus Formula:

Initial Bonus = Net Transfer-in Amount × Bonus Ratio

Actual Bonus Distribution Formula:

Actual Bonus Distributed = MIN (Remaining Bonus Quota, Eligible Bonus)

Calculation Examples

Event Parameters:

• Bonus Limit: 1,000 USDT
• Bonus ratio: 10%

Net Transfer-in Amount Description:

Net transfer-in amount refers to the difference between the total cumulative transfer-in amount and transfer-out amount in your futures account during the event.

Formula:

Net Transfer-in Amount= Total Transfer-in Amount - Total Transfer-out Amount

Example:

1. First transfer-in amount: 1,000 USDT
2. transfer-out amount: 1,500 USDT
3. Second transfer-in amount: 1,000 USDT

Net Transfer-in Amount= 1,000 USDT - 1,500 USDT + 1,000 USDT = 500 USDT

Example 1: Eligible Bonus Reaches the Limit

• Total bonuses already received: 600 USDT
• Net transfer-in amount during the event: 20,000 USDT

1. Calculate Initial Bonus:

Initial Bonus = 20,000 USDT × 10% = 2,000 USDT

2. Calculate Remaining Bonus Quota:

Total Bonus Limit - Total Bonuses Already Received = 1,000 USDT - 600 USDT = 400 USDT

3. Calculate Eligible Bonus:

Eligible Bonus = Initial Bonus - Total Bonuses Already Received = 2,000 USDT - 600 USDT = 1,400 USDT

4. Determine Actual Bonus Distributed:

The Remaining Bonus Quota (400 USDT) is smaller than the Eligible Bonus (1,400 USDT). Therefore, the actual bonus distributed this time is 400 USDT.

Example 2: Eligible Bonus Does Not Reach the Limit

• Total bonuses already received: 0 USDT
• Net transfer-in amount during the event: 3,000 USDT

1. Calculate Initial Bonus:

Initial Bonus = 3,000 USDT × 10% = 300 USDT

2. Calculate Remaining Bonus Quota:

Total Bonus Limit - Total Bonuses Already Received = 1,000 USDT - 0 USDT = 1,000 USDT

3. Calculate Eligible Bonus:

Eligible Bonus = Initial Bonus - Total Bonuses Already Received = 300 USDT - 0 USDT = 300 USDT

4. Determine Actual Bonus Distributed:

The Eligible Bonus (300 USDT) is smaller than the Remaining Bonus Quota (1,000 USDT). Therefore, the actual bonus distributed this time is 300 USDT.

Example 3: Eligible Bonus ≤ 0 USDT

• Total bonuses already received: 50 USDT
• Net transfer-in amount during the event: 100 USDT

1. Calculate Initial Bonus:

Initial Bonus = 100 USDT × 10% = 10 USDT

2. Calculate Remaining Bonus Quota:

Total Bonus Limit - Total Bonuses Already Received = 1,000 USDT - 50 USDT = 950 USDT

3. Calculate Eligible Bonus:

Eligible Bonus = Initial Bonus - Total Bonuses Already Received = 10 USDT - 50 USDT = -40 USDT

4. Determine Actual Bonus Distributed:

Since the Eligible Bonus is negative, no bonus will be distributed. Therefore, the actual bonus distributed this time is 0 USDT.