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Fees on Levy Trade consist of three components.

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Permanent Level-Based Discounts

Traders unlock permanent fee discounts as they level up. At Level 98, your base fee reaches 0.010% maker / 0.025% taker before any other discounts are applied.
LevelMaker feeTaker fee
10.025%0.040%
150.024%0.039%
300.023%0.038%
400.022%0.037%
500.021%0.036%
580.020%0.035%
650.019%0.034%
720.018%0.033%
770.017%0.032%
810.016%0.031%
840.015%0.030%
870.014%0.029%
900.013%0.028%
930.012%0.027%
960.011%0.026%
980.010%0.025%

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30D Volume-Based Discounts

In addition to your level-based discount, trading actively within the last 30 days earns you further fee reductions, up to 1.5 bps. Discounts scale according to your rolling 30-day trading volume:
Rolling 30D volumeDiscount
< $10M0
>= $10M-0.003% (0.3 bps)
>= $25M-0.006% (0.6 bps)
>= $100M-0.009% (0.9 bps)
>= $500M-0.012% (1.2 bps)
>= $1B-0.015% (1.5 bps)

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Leverage-Based Discount (Per-Trade)

Every individual trade also qualifies for a dynamic discount based on the leverage you select for that trade. The discount grows linearly to a maximum of 4 bps at 40x leverage.
Effective leverageAdditional Discount
0x0 bps
10x-1.0 bps
20x-2.0 bps
30x-3.0 bps
40x+-4.0 bps
The leverage discount applies on both the opening and closing side of a position. Total fees can never be negative; any discount that would reduce the fee below 0 bps is capped at 0 bps.

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Spot Fees

Spot buys are free. Spot sell fees are derived from your final perp taker fee after level, 30-day volume, and leverage discounts are applied.
Trade typeFee
Spot buy0%
Spot sell2x your effective perp taker fee