11 venues · No fee![]()
| Source | |||||
|---|---|---|---|---|---|
| Lighter on Robinhood Chain | Maker 0% | Taker 0% | In and out $0 | Standard account. A Premium account pays its own tier. | Lighter docs, Standard accounts pay 0%. Read: 2026-09-26 |
| Lighter mainnet | Maker 0% | Taker 0% | In and out $0 | Standard account. A Premium account pays its own tier. | Lighter docs, Standard accounts pay 0%. Read: 2026-09-26 |
| Variational | Maker 0% | Taker 0% | In and out $0 | No fee tiers. No fee; the cost is its quote spread at your size. | Variational docs, “There are no trading fees on Omni”. Read: 2026-10-07 |
| Hyperliquid | Maker 0.015% | Taker 0.045% | In and out $9 | Tier 0 (base). Base tier. Volume tiers and staking pay less. | Hyperliquid docs, base tier taker 0.045%. Read: 2026-10-09 |
| trade.xyz | Maker 0.03% | Taker 0.09% | In and out $18 | Base rate. Growth-mode markets pay a tenth (0.009%). Base tier; volume tiers pay less. | trade.xyz docs, Fees: base maker 0.030%, taker 0.090%; growth mode 0.003% / 0.009%. Read: 2026-10-16 |
| Extended | Maker 0% | Taker 0.025% | In and out $5 | Flat. Base rate; RWA markets pay 0.010%. Your account’s own rate may be lower. | Extended docs, Trading fees: flat maker 0.000%, taker 0.025%; RWA markets taker 0.010%. Read: 2026-10-20 |
| Arcus | Maker 0% | Taker 0.0225% | In and out $4.5 | Base tier (30-day volume). Volume tiers pay less. | Arcus GET /v1/feeTiers, base tier taker 225 ppm. Read: 2026-10-01 |
| TxFlow | Maker 0.015% | Taker 0.045% | In and out $9 | VIP 0 (14-day volume under $5M). Higher tiers pay less. | TxFlow app Fee Schedule, VIP 0 perps taker 0.045%. Read: 2026-10-09 |
| Perpl | Maker 0.0045% | Taker 0.0345% | In and out $6.9 | Tier 1 (14-day volume under $5M). Higher tiers pay less. | Perpl docs, Fees, Tier 1 taker 3.45 bps. Read: 2026-10-09 |
| Bulk | Maker 0% | Taker 0.035% | In and out $7 | Phase 1, tier 1 (14-day volume under $1M). Maker 0 bps in Phase 1, 2.0 bps in Phase 2. | Bulk docs, Fees, Phase 1 tier 1 taker 3.5 bps; GET /feeState. Read: 2026-10-10 |
| Ondo Perps | Maker 0.01% | Taker 0.025% | In and out $5 | Promotional (half of base). Promotional 50% off the 5 bps base; volume tiers pay less. | Ondo docs, Fees, promotional taker 0.025%; GET /v1/markets takerFee 0.00025. Read: 2026-10-15 |
| Venue | Lighter on Robinhood Chain | Lighter mainnet | Variational | Arcus | Extended | Ondo Perps | Perpl | Bulk | Hyperliquid | TxFlow | trade.xyz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RH | $0 | $0 | $4.5 | $5 | $5 | $6.9 | $7 | $9 | $9 | $18 | |
| Mainnet | $0 | $0 | $4.5 | $5 | $5 | $6.9 | $7 | $9 | $9 | $18 | |
| Variational | $0 | $0 | $4.5 | $5 | $5 | $6.9 | $7 | $9 | $9 | $18 | |
| Arcus | $4.5 | $4.5 | $4.5 | $9.5 | $9.5 | $11.4 | $11.5 | $13.5 | $13.5 | $22.5 | |
| Extended | $5 | $5 | $5 | $9.5 | $10 | $11.9 | $12 | $14 | $14 | $23 | |
| Ondo | $5 | $5 | $5 | $9.5 | $10 | $11.9 | $12 | $14 | $14 | $23 | |
| Perpl | $6.9 | $6.9 | $6.9 | $11.4 | $11.9 | $11.9 | $13.9 | $15.9 | $15.9 | $24.9 | |
| Bulk | $7 | $7 | $7 | $11.5 | $12 | $12 | $13.9 | $16 | $16 | $25 | |
| Hyperliquid | $9 | $9 | $9 | $13.5 | $14 | $14 | $15.9 | $16 | $18 | ||
| TxFlow | $9 | $9 | $9 | $13.5 | $14 | $14 | $15.9 | $16 | $18 | $27 | |
| trade.xyz | $18 | $18 | $18 | $22.5 | $23 | $23 | $24.9 | $25 | $27 |
Both takers, in and out, for one leg. Dollars per $10k and bps of a leg are the same number.No feeCheaper to dearerNo hedge
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