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Fee Estimator

See the true cost of a trade including trading fees, gas, and funding rate impact. Compare platforms side-by-side before you execute.

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Check current funding rates on the platform before trading. This compounds 3× per day.

Lowest Cost

Hyperliquid

$66.50

Open Hyperliquid

Perpetual Trade · $10,000 · Ranked by Total Cost

1

Hyperliquid

Free

Trading Fee

$3.50

0.035%

Funding (7d)

$63.00

0.03%/8h

Total Cost

$66.50

0.665% of size

2

Vertex

~$0.02/tx (Arb)

Trading Fee

$4.00

0.04%

Funding (7d)

$63.00

0.03%/8h

Total Cost

$67.02

0.670% of size

3

dYdX

Free (own chain)

Trading Fee

$5.00

0.05%

Funding (7d)

$63.00

0.03%/8h

Total Cost

$68.00

0.680% of size

4

Drift

~$0.001 (Sol)

Trading Fee

$5.00

0.05%

Funding (7d)

$63.00

0.03%/8h

Total Cost

$68.00

0.680% of size

5

GMX

~$0.05/tx (Arb)

Trading Fee

$7.00

0.07%

Funding (7d)

$63.00

0.03%/8h

Total Cost

$70.05

0.700% of size

Understanding the Numbers

Trading Fee: The maker or taker fee charged on the notional value of your trade. Negative = you receive a rebate.

Funding: A periodic payment between long and short holders. At high rates, this exceeds the trading fee within days.

Gas: The network transaction fee — negligible on Arbitrum/Solana, zero on Hyperliquid's own L1.

Total Cost: The true all-in cost. The platform with the lowest headline fee is often not the cheapest after funding and gas.