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Trading fees decrease automatically as your 30-day volume grows. Maker fees drop to zero at higher tiers, rewarding users who provide liquidity.

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Fee Schedule

Tier30D VolumePerps TakerPerps Maker
0< $10M0.0340%0.0110%
1> $10M0.0300%0.0090%
2> $50M0.0250%0.0060%
3> $200M0.0220%0.0030%
4> $1B0.0210%0.0000%
5> $4B0.0190%0.0000%
6> $15B0.0180%0.0000%

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Maker vs Taker

RoleDescription
MakerOrder adds liquidity to the book (rests before filling)
TakerOrder removes liquidity from the book (fills immediately)
A limit order that rests on the book before being filled is a maker order. A market order or limit order that fills immediately is a taker order.

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Fee Calculation

Fees are calculated as a percentage of the notional value of your trade: 
Fee = Notional Value × Fee Rate
Notional Value = Position Size × Fill Price

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Builder Codes

Apps and trading tools can include a Builder Code in transactions to earn a portion of trading fees. If you’re using a third-party interface or bot, a Builder Code fee may be included. For details on Builder Codes, see the Builder Codes guide.

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Funding Fees

Funding isn’t technically a fee but a payment between traders. Longs pay shorts (or vice versa) based on the funding rate. For details, see Funding Rates.

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Vault Fees

If you contribute to a vault, the vault manager may charge interval-based performance fees of 0–10%. Fees are crystallized at the end of each interval (30–365 days, set by the manager at vault creation). The manager only earns fees on intervals where the vault profited — if the vault loses money in an interval, no fees are charged for that period. See Vaults for details.

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Deposit and Withdrawal

Depositing and withdrawing USDC from your Trading Account requires gas (APT) for the transaction. There are no additional protocol fees on deposits or withdrawals.