LBank Prime Bonus can be used together with the funds in your Futures Account to increase your available margin. Subject to the applicable voucher rules, it may also provide Futures trading fee discounts and cashback on net losses during the event period.

The bonus amount, fee discount, loss cashback ratio, eligible products, and validity period are subject to the information displayed on your voucher and the relevant event page.

📌 Important: LBank Prime Bonus cannot be withdrawn or transferred. Profits generated from trading with the bonus may be handled in accordance with LBank rules. Prime Bonus is not included in maintenance margin or estimated liquidation price calculations.

Before You Begin

Item

Description

Eligible Trading

Eligible Futures products and event requirements are subject to the voucher details.

How it Works

When opening or increasing a position, the system includes eligible Prime Bonus in the margin check. You must hold both available principal and Prime Bonus; opening a position using Prime Bonus only is not supported.

Claim Restrictions

Please claim the voucher before the claim deadline. You cannot claim it while holding open positions. You may also be unable to claim it if your account contains incompatible trial funds/bonuses or an unrecovered voucher of the same type.

Fee Benefits

During the voucher validity period, Futures trading fees are calculated based on the displayed discount or fee-offset rules. The exact benefit structure depends on the event.

Cashback Crediting

After the voucher is reclaimed and settlement is completed, eligible cashback will generally be credited to your Spot Account by approximately 02:00 (UTC+8) on the following day (T+1).

How to Claim & Use Prime Bonus

Claim LBank Prime Bonus

  1. Go to the Voucher Center to check whether you have an available LBank Prime Bonus voucher. You may also obtain one by participating in relevant events through  LBank Event Center.

  2. Review the voucher amount, claim deadline, validity period, fee benefit, and loss cashback ratio.

  3. When you have no open positions and meet the event eligibility requirements, click Claim. Once successfully claimed, the voucher will appear under the「In Use」tab.

 Use Prime Bonus to Open or Increase a Position

  1. Transfer your own funds into your Futures Account. Ensure that the account has both available principal and available Prime Bonus.

  2. Go to the Perpetual Futures trading page to open or increase a position. The system uses your principal first, then applies eligible Prime Bonus toward the margin calculation.

  3. On the order confirmation page and in your position and order details, you can view how your available funds and LBank Prime Bonus are applied to your position.

📌Important: You cannot open a new position if your Futures Account only has Prime Bonus and no available principal. Please transfer funds into the account first, or close positions before proceeding.

Fee Benefits & Loss Cashback

  1. Futures Trading Fee Benefits: 

    • During the voucher validity period, eligible Futures trading fees may receive a discount or offset based on the voucher rules.

    • For example, with a 10% fee discount, if the original trading fee is 100 USDT, you will pay 90 USDT and save 10 USDT. The actual fee paid after the discount is also used as the basis for referral commission calculations.

  2. Estimated Loss Cashback:

    • The voucher calculates Estimated Loss Cashback based on the net losses from eligible trades made after the voucher is claimed, using the specified cashback ratio.

    • This amount may change in real time based on:

      1. Realized PnL

      2. Unrealized PnL from open positions

      3. Fee benefits already received

    • Estimated Loss Cashback is provided for reference only. The final amount is determined when the Prime Bonus is reclaimed and settled.

Calculation Item

Rules

Cashback Formula

  • Final Loss Cashback = max[0, min((Net Loss During the Event Period − Fee Benefits Already Received − Prime Bonus Still Used by Open Positions at Settlement) × Voucher Cashback Rate, Voucher Face Value)]

  • Here, min returns the lower value, and max returns the higher value.

Cashback Cap & Deductions

The amount calculated from your net losses and cashback rate is capped at the voucher face value. Fee benefits already received and any Prime Bonus still used by open positions at settlement are then deducted. The final cashback cannot be less than zero.

Calculation Example

  • Suppose your net loss during the event period is 100 USDT, the voucher cashback rate is 33%, and the voucher face value is at least 33 USDT. 

  • If you have saved 5 USDT in trading fees and no Prime Bonus is being used by open positions at settlement, your final cashback is: (100-5-0) x 33%=31.35USDT

Extreme Market Conditions

If your account experiences negative equity, losses exceeding the amount borne by your actual principal are excluded from the cashback calculation basis.

Prime Bonus Reclamation & Settlement

  1. LBank Prime Bonus may be reclaimed by the system in cases including voucher expiration, transferring funds out of the Futures Account, negative equity, liquidation of all cross-margin positions, or risk-control measures.

  2. At the time of reclamation, the system settles the voucher based on the account’s PnL and Prime Bonus usage status.

Scenario

Prime Bonus Treatment

Event/Cashback Status

You manually close a position

The Prime Bonus used by that position returns to your available position balance.

The event remains active, and the bonus may be used again to open positions.

Partial liquidation or liquidation of an isolated position

The Prime Bonus used by the liquidated position is partially reclaimed.

Remaining Prime Bonus remains available, and the event continues.

Voucher expiration or funds transferred out of the Futures Account

The entire voucher enters the reclamation and settlement process. Unused Prime Bonus is reclaimed first.

The event ends, and final cashback is settled according to the applicable rules.

Negative equity, liquidation of all cross-margin positions, or risk-control reclamation

All Prime Bonus is reclaimed. Any portion still used by open positions will be handled after the positions are released.

The event ends. No loss cashback is provided in cases of risk-control reclamation.

📌Important: Transferring funds out of your Futures Account triggers Prime Bonus reclamation, while transferring funds into the account does not. To avoid affecting final cashback settlement, it is recommended that you close your positions before the voucher expires.

Frequently Asked Questions

  1. What are the restrictions on using LBank Prime Bonus?

    • LBank Prime Bonus does not support One-Way Mode, trigger orders, or copy trading sub-accounts.

  2. Can I withdraw or transfer LBank Prime Bonus?

    • No. Prime Bonus may only be used for Futures trading in accordance with the applicable event rules. Transferring funds out of your Futures Account may result in the full reclamation of the bonus.

  3. Can I open a position using only Prime Bonus?

    • No. You must have available principal when opening a position. Prime Bonus can only be used together with your own funds.

  4. Does Prime Bonus reduce my liquidation risk?

    • No. LBank Prime Bonus is not included in maintenance margin or estimated liquidation price calculations. Please manage leverage and position risk carefully.

  5. Why does my Estimated Loss Cashback change?

    • The amount updates in real time according to your unrealized PnL, realized PnL, and fee benefits already received. The final cashback amount is subject to settlement when the Prime Bonus is reclaimed.

  6. Why am I unable to claim the voucher?

    • You may currently have open positions, incompatible trial funds or bonuses in your account, an unrecovered voucher of the same type, or may not meet the event eligibility requirements. Please close your positions and review the voucher’s claim conditions and event rules.

  7. Can I receive both fee benefits and loss cashback?

    • Yes. However, both benefits are calculated as part of the voucher’s total benefit entitlement. Fee benefits already received will be deducted from the final cashback settlement in accordance with the voucher rules.

Reminder

LBank Prime Bonus may only be used together with available principal in your Futures Account to open or increase Futures positions. It cannot be used independently, withdrawn, or transferred. It is also not included in maintenance margin or estimated liquidation price calculations.

LBank Prime Bonus may be reclaimed and settled if you transfer funds out of your Futures Account, the voucher expires, or risk-control rules are triggered. Please review your voucher status and manage your Futures Account funds carefully.