> ## Documentation Index
> Fetch the complete documentation index at: https://docs.perpetradex.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Trading Fees

> Maker and taker fees, funding, and liquidation costs.

Perpetra charges fees for trading, funding, and liquidations. Here's the breakdown.

## Trading Fees

| Type      | Fee                           |
| --------- | ----------------------------- |
| **Maker** | Rebate or 0% (varies by tier) |
| **Taker** | 0.03%–0.06% (varies by tier)  |

**Maker** — You add liquidity (limit orders that sit in the book)\
**Taker** — You remove liquidity (market orders or aggressive limits)

Makers often get rebates or zero fees. Takers pay. Volume-based tiers can improve your rates.

<Tip>
  Use limit orders where possible. You often pay less (or get paid) as a maker.
</Tip>

## Funding Fees

Perpetual contracts have **funding** to keep the perp price in line with spot. Every 4–8 hours (per market), longs and shorts settle:

* Perp above spot → longs pay shorts
* Perp below spot → shorts pay longs

Funding rate is a percentage of position notional. It shows in the UI before each funding time. High funding can make holding a position expensive—check before going big.

## Liquidation Fees

If you're liquidated:

| Market        | User Fee | Liquidator Fee |
| ------------- | -------- | -------------- |
| BTC, ETH, SOL | 0.60%    | 0.30%          |
| Others        | 1.20%    | 0.60%          |

The fee is taken from your remaining margin. Liquidators earn a share for taking over your position. Avoid liquidations—they're costly.

<Warning>
  Leverage amplifies risk. A 10% move against you at 10x wipes your margin. Use stop-losses and monitor positions.
</Warning>

## Fee Tiers

Higher volume can qualify you for better tiers. You can also unlock reduced fees by staking \$PETRA—see [Staking & Fee Sharing](/petra/staking#fee-tiers) for tier thresholds and rates.

## How Fees Are Charged

Trading fees are charged in USDC and added to your **cost basis**. That means they affect your realized PnL when you close. Funding accrues on open positions and settles when you close or at funding time.