Trading Fees and Gas Fees

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All trading fees are paid in USDC. This includes protocol fees paid to makers (i.e., liquidity providers).

Taker Fees

  • 0.10% on all trades.

For example, when you open or close a position with a value of 10,000 USDC, the trading fee will be:

= 0.001*10,000 USDC = 10 USDC

You can check the fees paid for your trades here: https://app.perp.com/history/tradearrow-up-right

Currently, makers earn 80% of fees while the rest goes towards the insurance fund.

Gas Fees

Since Perp v2 is based on Ethereum's Layer 2 scaling solution Optimism, you'll have to pay L2 gas fees in ETH to execute a transaction whenever you open or close a position. There's also a gas fee to publish your transaction on L1 in a rollup batch.

You can track the gas fees in terms of both ETH and USD using this dashboardarrow-up-right.

To learn more about how gas fees work on Optimism, check out this guide: https://help.optimism.io/hc/en-us/articles/4411895794715-Transaction-feesarrow-up-right

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