Funding & Fees

Two costs, both visible before you trade: a taker fee at open, and hourly funding while the position is live.

Taker fee

Opening a position costs 0.06% of notional (not of collateral):

Fee = Notional × 0.06%
Example: $500 collateral × 10x = $5,000 notional → fee $3.00

Funding rate

Each market has an hourly funding rate that keeps the perp price anchored to the index:

• Positive rate — longs pay, shorts receive.
• Negative rate — shorts pay, longs receive.

Funding accrues continuously against a position's notional and is reflected in unrealized PnL. The current rate and the countdown to the next funding hour are shown in the chart header and the order panel.

Funding cost / hour = Notional × rate
Example: $5,000 notional at +0.0086%/h → longs pay $0.43/h

Fee discounts

Staking $CSL will grant taker-fee discounts — see the $CSL Token page.