> For the complete documentation index, see [llms.txt](https://sol-perps-bot.gitbook.io/sol-perps-bot-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://sol-perps-bot.gitbook.io/sol-perps-bot-docs/platform-and-economics/fees-and-rebates.md).

# Trading Fees & Platform Rates

Fluvion offers a transparent, straightforward, and competitive fee structure across all perpetual futures markets, with default rates of **1.5 bps (0.015%)** for Maker orders and **4.5 bps (0.045%)** for Taker orders.

***

## Fee Structure Overview

Trading fees are calculated as a percentage (expressed in basis points, where 1 bps = 0.01%) of the **notional value** of your executed position:

```
Notional Value = Position Size × Execution Price = Collateral × Leverage
Trading Fee = Notional Value × Fee Rate
```

* **Maker Fees**: Charged when your limit order rests passively on the orderbook, adding liquidity.
* **Taker Fees**: Charged when your order (such as a market order or aggressive limit order) fills immediately against resting liquidity.
* **Settlement**: Fees are deducted automatically in **USDC** from your trading account upon fill execution.

***

## Standard Perpetual Trading Fees

The default fee rates are **1.5 bps (0.015%)** for Maker orders and **4.5 bps (0.045%)** for Taker orders across all perpetual markets:

| Market Category      | Order Role | Fee Rate (bps) | Percentage | Description                                              |
| -------------------- | :--------: | :------------: | :--------: | -------------------------------------------------------- |
| **Crypto Perpetual** |  **Maker** |     1.5 bps    | **0.015%** | Passive resting limit orders on crypto pairs             |
| **Crypto Perpetual** |  **Taker** |     4.5 bps    | **0.045%** | Immediate fill / market orders on crypto pairs           |
| **RWA Perpetual**    |  **Maker** |     1.5 bps    | **0.015%** | Passive resting limit orders on Real World Asset pairs   |
| **RWA Perpetual**    |  **Taker** |     4.5 bps    | **0.045%** | Immediate fill / market orders on Real World Asset pairs |

***

## Custom Fee Accounts & Institutional Partners

Fluvion supports custom fee configurations for high-volume market makers, algorithmic trading desks, and institutional partners:

* **Per-Address Customization**: Tailored fee schedules can be bound directly to specific wallet addresses for bespoke Maker and Taker rates.
* **Institutional Onboarding**: High-frequency and liquidity provision partners can contact the Fluvion team via community or partnership channels to apply for customized fee agreements.

***

## Fee Calculation Examples

### Example 1: Market Order (Taker Execution)

* **Collateral Committed**: 500 USDC
* **Leverage**: 10x
* **Notional Position Size**: `500 USDC × 10 = 5,000 USDC`
* **Execution Role**: Taker (Rate: 0.045% / 4.5 bps)
* **Fee Deducted**: `5,000 USDC × 0.00045` = **2.25 USDC**

### Example 2: Resting Limit Order (Maker Execution)

* **Collateral Committed**: 2,000 USDC
* **Leverage**: 25x
* **Notional Position Size**: `2,000 USDC × 25 = 50,000 USDC`
* **Execution Role**: Maker (Rate: 0.015% / 1.5 bps)
* **Fee Deducted**: `50,000 USDC × 0.00015` = **7.50 USDC**

***

## Platform Fee Highlights

### 1. Gasless Order Execution

Submitting, adjusting, and cancelling orders incur **zero blockchain gas fees**. All off-chain order operations signed via your local session key are processed gas-free through the high-performance CLOB.

### 2. Zero Funding Skim

Fluvion takes **0%** cut from periodic funding payments. 100% of funding payments flow directly between Long and Short position holders to tether perpetual prices to index prices.

### 3. Transparent On-Chain Settlement

Every trade fill and corresponding USDC fee deduction is recorded deterministically via Orderly settlement contracts, ensuring auditability and verifiable execution.
