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) |
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.
Use limit orders where possible. You often pay less (or get paid) as a maker.
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% |
Leverage amplifies risk. A 10% move against you at 10x wipes your margin. Use stop-losses and monitor positions.
Fee Tiers
Higher volume can qualify you for better tiers. You can also unlock reduced fees by staking $PETRA—see Staking & Fee Sharing 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. 