Fee Structure

Our fee structure is designed to keep costs low and rewards high, giving you the edge in every trade.

Introduction

Trade with Confidence, Pay Smart Our fee structure is designed to maximize rewards while keeping costs low, ensuring traders maintain profitability with transparent and predictable trading fees.

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What to Expect

1. Open Fee

   • A flat 0.01% fee applies when opening a position.

     • Utilizing our fUSDC open fee is reduced by 50% resulting in 0.005% fee.

     • (More about fUSDC)

   • This minimal cost ensures traders can enter positions easily without high overhead costs.

2. Execution Fee

   • A flat $0.6 execution fee will be applied to open a position.

3. Close Fee

   • A 20% fee on positive PnL (Profit and Loss) is applied only when closing a profitable trade.

   • If the trade results in a loss, no close fee is charged.

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Example: Close Fee in Action

Amy’s Win

• Amy opens a trade 1000x leverage trade with $500 in margin.

• She closes the position with a $500 profit.

  • Close Fee Calculation:

• Amy’s net profit after the close fee is $400.

Bob’s Loss

• Bob opens a trade 1000x leverage trade with $500 in margin.

• He closes the position with a -$100 loss.

• Since Bob did not generate a profit, the Close Fee is $0.

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Why This Matters

• Fair & Transparent – Traders only pay a close fee when profitable.

• Low Entry Costs – The 0.01% open fee allows traders to enter positions with minimal cost.

• Risk-Based Adjustments – The liquidity penalty varies based on leverage, encouraging responsible trading.

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Summary

Open Fee: 0.01% per position.

• Open fee gets reduced to 0.005% per position using fUSDC.

Close Fee: 20% of positive PnL ($0 for losing trades).

Liquidity Penalty: 0.01%-0.02%, based on leverage and MMR.