Fee Tiers - Levy Trade

Fees on Levy Trade consist of three components.

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.

Level	Maker fee	Taker fee
1	0.025%	0.040%
15	0.024%	0.039%
30	0.023%	0.038%
40	0.022%	0.037%
50	0.021%	0.036%
58	0.020%	0.035%
65	0.019%	0.034%
72	0.018%	0.033%
77	0.017%	0.032%
81	0.016%	0.031%
84	0.015%	0.030%
87	0.014%	0.029%
90	0.013%	0.028%
93	0.012%	0.027%
96	0.011%	0.026%
98	0.010%	0.025%

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 volume	Discount
< $10M	0
>= $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)

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 leverage	Additional Discount
0x	0 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.

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 type	Fee
Spot buy	0%
Spot sell	2x your effective perp taker fee

​Permanent Level-Based Discounts

​30D Volume-Based Discounts

​Leverage-Based Discount (Per-Trade)

​Spot Fees

Permanent Level-Based Discounts

30D Volume-Based Discounts

Leverage-Based Discount (Per-Trade)

Spot Fees