[Lead Trader] FAQ

Q1. How Does Copy Trading Work? A: 1. Basic Logic Behind Copy Trading

1. Copy trading is based on the lead trader's position adjustments. The Copied Order Size (Rounded Down) = Adjustment Size × MultiplierIf the result is smaller than the minimum order size for the futures contract, the trade will not be copied.
2. The system then calculates the copier's tradable volume based on their available funds and the selected leverage. If the copied order size is less than or equal to this amount, the trade will be copied successfully; otherwise, it will fail.
3. Without considering the copy multiplier, leverage settings, or per-order limits, the copier will mirror the lead trader's position changes until their available copy funds are fully used. When the lead trader reduces their position in a futures contract, the corresponding funds of copiers will be released and returned to the copier's available balance.
4. When using a copy multiplier with leverage, the copier must allocate margin. The required margin is transferred from the spot account to a virtual subaccount used specifically for copy trading. Once copy trading ends, the system settles the subaccount, deducting the share and trading fees, and returns the remaining funds to the spot account.
5. Copying Method: Copy Trading currently supports two copying methods: "Proportional to Total" and "Fixed". The default copying method in Smart Mode is "Proportion to Total", while Advanced Mode supports both methods. Proportional to Total: Total Assets = Available + Value of Holding PositionsFor instance, the lead trader's total assets are 100 USDT (50 USDT available and a BTCUSDT position worth 50 USDT). If the trader invests 10 USDT, which represents 10% of their total assets, you will also invest 10% of your total assets in copy trading (e.g., 50 USDT out of 500 USDT). Fixed: For example, if you set a multiplier of 3x and the lead trader opens a 1 BTCUSDT futures position, you would copy it at 3x the size—opening a position worth 3 BTC (1 × 3).

A: 2. Example: How Copy Trading Logic Works For simplicity, this example excludes trading fees and funding rates. The lead trader has 1,000 U in total funds. They use 100 U to open a 100x leveraged position in Token A, resulting in a notional position value of: 100 × 100 = 10,000 U The copier has 100 U allocated for copy trading, with a multiplier of 0.1x and 20x leverage. Based on the lead trader's position, the copier would attempt to open a proportional position worth: 10,000 × 0.1 = 1,000 U With 20x leverage, the copier needs to allocate: 1,000 / 20 = 50 U as marginThis leaves them with 50 U in available funds. Later, the lead trader opens another 100x leveraged position in Token B using 200 U, resulting in a notional value of:200 × 100 = 20,000 U At this point, the copier has 50 U remaining. With 20x leverage, they can open a position worth up to:50 × 20 = 1,000 UThis means the copier can only partially follow the second trade, opening a 1,000 U position in Token B. At this point, all of their copy funds have been used. Now suppose both Token A and Token B increase by 10%, and the lead trader closes both positions. Lead trader's profit:(11,000 – 10,000) + (22,000 – 20,000) = 3,000 U Copier's profit:(1,100 – 1,000) + (1,100 – 1,000) = 200 U

A: 3. Considerations for This Copy Trading Logic Copiers might find that their profits don't exactly match those of the lead trader. This is often due to differences in capital size, leverage, copy multiplier, and other settings. We advise copiers to set their copy trading parameters carefully and choose lead traders with similar fund sizes. Please see Q2 and Q3 for related information.

Q2. Why Might the ROI Between a Lead Trader and a Copier Differ? A: 1. Differences in capital can result in different ROI. If the copier's available funds are insufficient, they may be unable to follow all of the lead trader's subsequent trades. Note: Under the current copy trading logic, copiers continuously follow the lead trader's position changes until they run out of available funds. If earlier trades have already used up the copier's funds, they will be unable to copy later trades. For more details, please refer to Q1. A: 2. The lead trader may have had an open position before the copier started copying. If the lead trader adds to that position after the copier joins, their average entry prices will differ, resulting in different ROI after closing the position. A: 3. The copier may have enabled leverage in their settings. Using different leverage than the lead trader can lead to variations in ROI. A: 4. The leverage limits between the lead trader and copier may differ. For risk control purposes, the copier's maximum leverage is currently capped at 20x, while lead traders may use up to 100x on certain futures. This difference can result in varying ROI. A: 5. The copier may be using a fixed copy multiplier. The copy multiplier determines how much of the lead trader's position is copied. For example, if the multiplier is set to 10x and the lead trader adds 10 contracts, the copier will add: 10 × 10 = 100 contractsThe multiplier can range from 0.01x to 100x. It is recommended to set the copy multiplier based on the relative capital sizes. For example: If both the lead trader and copier have 1,000 USDT, a 1x multiplier is appropriate. If the copier has 5,000 USDT while the lead trader has 1,000 USDT, a 5x multiplier is more suitable.

Q3: How Is the Lead Trader's ROI Calculated? A: 1. Total PnL and ROI Calculation Formula Initial Net Asset Value = Available Balance at the Time of Creation Total PnL = Ending Account Net Value (including Unrealized PNL) – Initial Net Asset Value (Including Unrealized PnL) + (Withdrawals During the Period – Deposits During the Period) ROI = Total PnL / (Initial Net Asset Value + Deposits) × 100%

A: 2. 7-Day PnL and ROI Calculation Formula Initial Net Asset Value = Net Asset Value 7 Days Ago (Including Unrealized PnL) 7-Day PnL = Ending Account Net Asset Value (including Unrealized PNL) – Initial Net Asset Value (Including Unrealized PnL) + (Withdrawals During the Period – Deposits During the Period) ROI = 7-Day PnL / (Initial Net Asset Value + Deposits) × 100%

Q4: Gate Copy Trading Profit Sharing Calculation and Distribution Process A: Profit Sharing Calculation — Triggering Conditions Include When the Lead Trader Requests Profit Sharing: Calculation is triggered upon the lead trader's request to withdraw profit sharing. When the Copier Stops Copying: Calculation is automatically triggered when the copier stops the copy trading.

1. The profit sharing is calculated on a 7-day cycle, starting from the lead trader's first trade. If there is no linked position between the lead trader and the copier, the profit sharing occurs every 7 days. If there is a linked position, the profit-sharing distribution will be delayed until the position is no longer linked. 2. Subsequent profit sharing will start from the time of the previous distribution and follow the same rules. For details, please refer to the table below.

A. 2. Profit Sharing Distribution Automatic Distribution: The automatic distribution process runs daily at 01:45 UTC, sequentially transferring the pending profit shares calculated before 00:00 UTC to the lead traders. Manual Distribution: Manual distribution is carried out via a dedicated interface to handle special cases or urgent requests.

3. Transferred Profit Sharing Once the transfer is completed, the lead trader will receive the profit sharing amount, which will be credited directly to their spot account. This concludes the profit-sharing process.

Q5. Why Is a Lead Trader's Profile Hidden? What Is the Lead Trader Cooling-Off Period? A: To ensure top-performing lead traders receive more attention, Gate temporarily hides lead traders who show less active trading performance. Once hidden, these lead traders will not be searchable by copiers on the homepage. After their trading activity improves, their profile visibility will be restored. A: 1. What Causes a Lead Trader's Profile to be Hidden?

1. Lead trading parameters not set after approval;
2. No first trade executed in copy trading;
3. No open positions as a lead trader and no trading activity in the past 3 weeks;
4. Leading status must be active — paused or terminated statuses are not allowed;
5. Insufficient funds causing the lead trader to be hidden.

Note : Gate has set requirements on the minimum leading amount for beginner lead traders. If the minimum amount is not reached, the system will automatically hide the lead trader until the required funds are added. You can check the minimum fund requirement for entry-level lead traders on the "Leading Mode" page. The current standard requires assets of at least 300 USDT. If you meet any of the above conditions, your profile may be hidden. For other reasons causing hiding, please contact customer support promptly.

2. Lead Trader Cooling-Off Period Trigger Conditions Currently, the Lead Trader Cooling-Off Period (system suspension) is mainly triggered by the following three situations:

2.1 Lead Trader's Equity Does Not Meet Current Level Requirements Please refer to the specific conditions mentioned above regarding lead trader profiles being hidden.

2.2 External Links or Community Referral Links Exists in Lead Trader's Profile Gate strictly prohibits lead traders from contacting copiers through unofficial channels, such as including external referral links or private contact information (e.g., personal Twitter, Weibo, WeChat, and Telegram accounts) in their profiles. Such behavior may jeopardize copiers' interests and fund security, and is considered a violation.Upon first detection, the related information will be hidden and may result in the lead trader's level and permissions being downgraded. If repeated, the lead trader's status will be revoked, and the case will be publicly disclosed and criticized on the platform. Lead traders and copiers are both internal resources of Gate Copy Trading. To better protect copiers' interests and fund security, all copy trading activities must be conducted strictly within the copy trading system. Friendly Reminder: Lead traders can interact with copiers via the Posts and Subscription features. Contacting copiers through unofficial channels is strictly prohibited. Any violations will result in severe penalties by the platform!

2.3 Engaging in High-Risk Operations Every trade action by a lead trader directly affects the interests and fund security of copiers. Therefore, Gate repeatedly reminds lead traders to act cautiously, control risks, use leverage prudently, and strive to protect principal safety. If a lead trader deliberately engages in high-risk operations that may cause significant losses, as assessed by the platform, to copiers, a cooling-off period will be triggered. Gate is committed to being a principled platform — with no listing fees, no wash trading, and a transparent, honest approach to operations. Protecting our users' interests is always our top priority. Thank you for your trust and support as we continue to build a fair and healthy trading ecosystem together. At this time, the cooling-off period applies only to lead traders in the futures market. It does not apply to spot market lead traders.

Note: At this time, the cooling-off period applies only to lead traders in the futures market. It does not apply to spot market lead traders.

Q6: How to Lead Trade via API? A: To lead trade via API, please follow the steps below:

1. Log in to your Gate lead trader account.
2. Navigate to Personal Center] - [API] - [Create API Key] . You can also access it directly via the following link: [[Click to visit]
3. Create your lead trading API Key on this page.
4. Please refer to the API documentation to learn how to use an API Key for leading trading. API documentation link: [Click to visit]

Q7: Can Subaccounts Be Used for Lead Trading? A: Yes, Gate supports lead trading via subaccounts. Please follow the steps below to set it up:

1. Log in to your main account.
2. Navigate to [Personal Center] - [Switch Account] - [My Subaccounts] - [Create Subaccount] .
3. Once the subaccount is created, you can access it via [Personal Center] - [Switch Account]
4. After logging in, the subaccount will have similar permissions and functions as the main account. You may apply for lead trader status and initiate lead trading activities from the subaccount.
5. The lead trading logic for subaccounts is the same as that of main accounts. By completing the steps above, you can perform lead trading using a subaccount following the platform's rules.

Gate reserves the final right to interpret this product.