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Trading Fee Explanation

Updated this week

When you trade on OneKey Perps, you will incur Trading Fees and Builder Fees.


Trading Fees

Trading fees are charged by Hyperliquid and follow Hyperliquid's official fee model.

Trading fees are calculated based on the user's rolling 14-day trading volume and are settled at the end of each day in UTC. Sub-account trading volume is counted towards the main account, and the main account shares the same fee tier with all sub-accounts. Vault trading volume is calculated separately from the main account. Referral rewards apply to the user's first $1 billion in trading volume, and referral fee discounts apply to the user's first $25 million in trading volume.

Maker rebates are distributed to the trading wallet in real-time with every trade. Users can claim referral rewards on the Referrals page.

Perpetual Trading Fee Tiers

Tier

14d weighted volume ($)

Taker

Maker

0

0.045%

0.015%

1

>5M

0.040%

0.012%

2

>25M

0.035%

0.008%

3

>100M

0.030%

0.004%

4

>500M

0.028%

0.000%

5

>2B

0.026%

0.000%

6

>7B

0.024%

0.000%

Staking Tiers

Tier

HYPE staked

Trading fee discount

Wood

>10

5%

Bronze

>100

10%

Silver

>1,000

15%

Gold

>10,000

20%

Platinum

>100,000

30%

Diamond

>500,000

40%


Builder Fees

Platform Type

Typical Trading Fee

Centralized Exchange (CEX)

0.10% - 0.20%

OneKey Perps

0.05%


Other Fees

Withdrawal Fees

  • Fees incurred during withdrawal are determined by on-chain network gas fees and Hyperliquid's withdrawal rules.

Funding Rate

  • Perpetual contracts have no expiration date. To keep the contract price close to the spot price, the system uses a funding rate mechanism

    • When the funding rate is positive, longs pay shorts; when the funding rate is negative, shorts pay longs

    • The funding rate is dynamically calculated by Hyperliquid and settled periodically

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