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Overview

Trading fees are the costs you pay to buy, sell, or trade assets on an exchange. These fees are charged as a percentage of the transaction value.

There are two main types of trading fees:

Maker fees: These fees are charged to traders who place orders that add liquidity to the market (not instantly filled orders that are added to the book), such as limit orders.

Taker fees: These fees are charged to traders who remove liquidity from the market, such as market orders.

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How fees are charged

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Spot Fees

Spot trading fees are deducted from the converted token after every trade (e.g. converting USDC to ETH will incur fees in ETH and vice versa).

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Perpetual Futures Fees

Perpetual Futures trading fees are charged after every trade in USDC and added to the cost position.

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Fee structure (NEAR only)

Orderly implemented a tiered fee structure based on a 30-day volume (separately for Spot and Futures). The fee structure can also be retrieved with our REST API.

Refer to this page for latest fee structure on NEAR.