💲Fees

For both options and spot trading & clearing fee (one fee), there are two tiers, one for maker and one for taker.

	Fees for Makers	Fees for Takers
Options	25 bps of the Premium Value	75 bps of the Premium Value
Spot	-5 bps of the Notional Value	10 bps of the Notional Value

Note

For spot trading, fees are payable in the quote token for buyers and in the base token for sellers.

Examples

For Options

For example, consider a trade with an amount of 1.5 ETH Options and a price of $50 per options:

• For Maker side, the trading & clearing fee would be = 1.5 * 50 * 25/10000 = $0.1875

• For Taker side, the trading & clearing fee would be = 1.5 * 50 * 75/10000 = $0.5625

For Spot

For example, consider a trade with a spot trading pair of 2 LINK/USDT and a price of $20:

For Maker side:

• For Maker as the Seller, the trading & clearing fee would be = (20 * 2 * (-5)) / 10000 = -0.02 LINK

• For Maker as the Buyer, the trading & clearing fee would be = (20 * 2 * (-5)) / 10000 = -0.02 USDT

For Taker side:

• For Taker as the Seller, the trading & clearing fee would be = (20 * 2 * 10) / 10000 = 0.04 LINK

• For Taker as the Buyer, the trading & clearing fee would be = (20 * 2 * 10) / 10000 = 0.04 USDT

*Last Update: 30 Dec 2023

*We reserve the right to change this fee in the future.