PERPS ATLASPERPETUAL MARKETS INTELLIGENCE
PERP DEX DIRECTORY
← All data reports
DATA REPORT · UPDATED DAILY

Perp DEX fees
compared.

Base-tier maker and taker fees for 66 perpetual DEXs from their own fee pages, the cost of a $10,000 market order and stated referral discounts.

By PerpsAtlas Research · Data as of . The text below is calculated from the same capture as the directory and changes when the data does.

What the fee pages show

We compared the base-tier trading fees that 66 perp DEXs publish in their own documentation (checked 8 October 2026). The median base taker fee is 0.04%, which on a $10,000 market order is $4.00.

Lighter, Paradex, Variational and TrueCurrent charge no taker fee at the base tier, usually for orders placed through the venue’s own app; check the notes, because API or high-frequency orders can be charged. GRVT, Strike Finance, Aftermath Perps and Hotstuff pay a rebate to makers.

Base tier means the fee for a new account with little volume. Most order-book venues lower fees as your 30-day volume grows, and some charge differently per market. Pool-based venues such as GMX or gTrade charge a position fee instead of a maker/taker split, and add borrowing or rollover costs while a position is open.

29 of these venues state a fixed fee discount or other benefit for traders who join with a referral code; on others the referrer decides. We quote the venue’s own wording below.

Base-tier fees by venue

Perp DEX base-tier fees
#VenueTakerMaker$10K market orderReferral benefitSource
1Lighter0%0%$0.00Referees can activate one week of premium for free; fees paid during that week are rebated weekly (first $10M volume).fee page ↗Standard account 0/0; Premium account base 0.028% taker / 0.004% maker
2Paradex0%0%$0.00Referees get 5% XP bonus on their trading activityfee page ↗Retail (UI) 0%; Pro/API taker 0.045% base, maker 0.003%
3Variational0%0%$0.00None statedfee page ↗"There are no trading fees on Omni"; revenue from spread; $0.1 per deposit/withdrawal
4TrueCurrent0%0.04%$0.00None statedfee page ↗traders (takers) pay 0; the 4 bps maker fee is paid by whitelisted institutional liquidity providers; gas subsidised
5Meridian0.005%0%$0.50None statedfee page ↗official API GET /v1/product: takerFee 0.00005, makerFee 0 on all 8 active products; docs: fee rates are configured per product (https://docs.meridian.xyz/trading/perpetual-futures/fees)
6Vest0.01%0%$1.00None statedfee page ↗
7Aark Digital0.01%0.01%$1.00None statedfee page ↗open fee 0.005% with fUSDC; liquidation fee 0.01-0.02%; public API (https://api.aark.digital/moon/markets) shows baseFeeRate 0.01 on all markets except TAO 0.04. Separate Orderly-powered Perpetual Mode: taker 0.045%, maker 0% (https://docs.aark.digital/about/perpetual-mode/gas-free-transaction-and-fees)
8Rocket0.01%0.01%$1.00None statedfee page ↗
9Katana Perps0.019%0.00475%$1.90Referred users save 5% on trading feesfee page ↗official API defaultTakerFeeRate 0.00019 / defaultMakerFeeRate 0.0000475 (same on all 9 markets); docs Fees page lists 'default fee rates at launch' taker 0.02% / maker 0.005%
10Flash Trade0.02%0.02%$2.00None statedfee page ↗0.02% open/close on majors, forex/metals and most equities (on-chain values as of 2026-07-03); 0.1% JUP/JTO and memes, 0.2% KMNO/PYTH, 0.5% ORE; plus spread and margin (borrow) fees
11Arcus0.0225%0%$2.25Set by the referrerfee page ↗Base tier (225 ppm taker, 0 maker); docs page says read live from this endpoint
12Hotstuff0.025%-0.002%$2.50Referees receive a flat 5% fee discount on all tradesfee page ↗Standard perps tier (14d volume < $1M); maker rebate
13Extended0.025%0%$2.50Invited users receive a 10% discount on commissions for their first $50M in total trading volume.fee page ↗
14Ondo Perps0.025%0.01%$2.50Set by the referrerfee page ↗limited-time 50%-off promo; standard base 0.05% taker / 0.02% maker
15Orderly0.03%0%$3.00Set by the referrerfee page ↗Orderly base fee, Public tier (3 bps taker, no maker fee); front-ends (builders) add their own builder fees on top
16Reya0.03%0%$3.00the user you refer will enjoy a 10% discount in trading feesfee page ↗tier 0 taker 3.0 bp; maker 0 (rebates planned)
17Derive0.03%0.01%$3.00None statedfee page ↗taker also pays $0.01 base fee per trade; same rates in live instruments API
18RISEx0.03%0.01%$3.00None statedfee page ↗Tier 1, 14-day rolling volume
19LeverUp0.03%0.03%$3.00Referred User Benefits: Share team boost multiplier, earn extra boost pointfee page ↗1-100x: 0.03% open + 0.03% close; 500x/750x/1001x: zero fee on losing trades, on profit close fee = min(85% of PnL, 0.07% of size); 5% discount paying with LVUSD/LVMON
20Typus Perps0.03%0.03%$3.00None statedfee page ↗coin collateral: base fee from 0.03% plus impact fee up to 0.03% on main crypto markets (0.03%~0.06% total; up to 0.15% on DEEP/WAL); option collateral 0.01-0.05%; plus funding and hourly borrow fees
21PopDEX0.032%0.01%$3.20Set by the referrerfee page ↗VIP 0 (<$3M 14-day volume); down to taker 0.018% / maker -0.001% at VIP 6; builder fees may be added on top
22Perpl0.0345%0.0045%$3.45Both the referrer and the referee also earn a points bonus. Each side earns an extra 5% on the referee's trading points.fee page ↗Tier 1 (<$5M 14d volume): maker 0.45 bps, taker 3.45 bps; down to maker -0.5 bps / taker 1.25 bps at VIP 2. Official API https://app.perpl.xyz/api/v1/pub/context shows the same tier arrays for every market.
23BULK0.035%0%$3.50None statedfee page ↗Tier 1 (<$1M 14d volume) of the Phase 1 'Genesis Liquidity' schedule; official API GET https://mainnet-api1.bulk.trade/api/v1/feeState confirms this policy is active (maker 0 bps, taker 3.5 bps). Maker rebates -0.2 to -1.5 bps by maker-volume share. Docs announce Phase 2 with base maker 2.0 bps at tier 1 (taker unchanged).
24Bluefin Pro0.035%0.005%$3.50None statedfee page ↗BTC/ETH/SOL; other markets taker 0.10%. Docs page (older, Classic) says 0.035%/0.010%
25GUM0.035%0.005%$3.50None statedfee page ↗perps; maker fee is a charge, not a rebate; liquidations carry an extra per-market fee (0.25%-1%)
26Phoenix Perps0.035%0.005%$3.50Referral codes apply a 10% discount on trading fees across perpetual markets for the duration of the $100M volume cap.fee page ↗
27N1 Exchange0.035%0.01%$3.505% fee discount on eligible trading feesfee page ↗Tier T1 mainnet CLOB rates as of Aug 15, 2026; RFQ markets (27 of 40) may use different rates
28Nado0.035%0.01%$3.50Set by the referrerfee page ↗entry tier; FX perps: taker 0.007%, maker 0.002%
29gTrade (Gains Network)0.035%0.035%$3.50None statedfee page ↗no maker/taker split: opening and closing fee each 0.035% on BTC/ETH; 0.05% core crypto, 0.06% non-core, 0.02% degen, 0.012-0.02% FX; plus spread/price impact and holding fees
30Bullet0.04%0.01%$4.00None statedfee page ↗Base tier (<$1M 14-day volume); official API exchangeInfo takerFeeBps/makerFeeBps match (4 / 1 bps)
31DipCoin0.04%0.01%$4.00None statedfee page ↗official API market list shows takerFee 0.0004 / makerFee 0.0001 on all 42 markets
32StandX0.04%0.01%$4.00Set by the referrerfee page ↗
33SoDEX0.04%0.012%$4.00Invitees also receive an extra 5% points boost.fee page ↗
34Polymarket Perps0.04%0.0125%$4.00None statedfee page ↗$0 30d-volume tier; some beta accounts temporarily on top tier
35Pacifica0.04%0.015%$4.00Referees will receive a 5% point bonusfee page ↗
36SunX0.04%0.02%$4.00invitees enjoy a 5% discount on trading fees.fee page ↗USDT-margined perps, open and close; docs say rates are 'for illustration only', actual rate depends on user fee tier; periodic fee-rebate campaigns
37Aftermath Perps0.045%-0.005%$4.50In addition, the referred user will receive a 5% discount on fees for all trades they perform.fee page ↗Tier 0; 'Growth Mode' sets all maker fees to -0.005% (rebate); official API all-markets returns takerFee 0.00045 / makerFee -0.00005
38GRVT0.045%-0.0001%$4.50If your referrer becomes an Ambassador, you automatically earn a point multiplier on all your rewards (matches their Ambassador tier).fee page ↗Level 1 perps; negative maker = rebate
39Hibachi0.045%0%$4.50None statedfee page ↗tier 1 (14d volume < $5M); official API exchange-info also returns tradeTakerFeeRate 0.00045, tradeMakerFeeRate 0
40Veranta (Avantis)0.045%0.01%$4.50Earn rewards and get fee discountsfee page ↗crypto majors, charged on open and close; maker/taker by OI skew; RWA 0% in 'growth mode'; maker page also says 0.001% (docs inconsistent)
41Decibel0.045%0.015%$4.50None statedfee page ↗
42EVEDEX0.045%0.015%$4.50None statedfee page ↗base rates; same in public API (taker 0.00045, maker 0.00015 on all 52 tradable instruments); level/Prime cashback up to 35% per docs (homepage says up to 50%) lowers effective cost; no gas fees
43Hyperliquid0.045%0.015%$4.50Using a referral code will give you a 4% discount on your fees for your first $25M in volume.fee page ↗tier 0 perps
44TxFlow0.045%0.015%$4.50Once you bind a referral code, you receive 5% off fees on both spot and perpetual trades for your first $25M in combined trading volume.fee page ↗VIP 0 (<$5M 14d volume)
45Strike Finance0.05%-0.005%$5.00Referred traders also receive a fee discount based on your referral tier. ... Bronze: 4% Silver: 5% Gold: 6% Platinum: 7% Diamond: 8%fee page ↗Tier 0 (<$100K 30d volume); negative maker = rebate; taker down to 0.028% at >=$200M; staked STRIKE discounts 5-40%
46Sai0.05%0%$5.00Referral code discount: 15% off trading fees when redeeming a valid referral codefee page ↗taker 0.05% base, maker 0, trigger orders 0.01%; referral code gives 15% off (taker 0.0425%); plus borrowing and rapid-close fees. Official keeper API shows openFeePct=closeFeePct=0.0005 on all markets.
47SynFutures0.05%0%$5.00Bind referral code and enjoy 5% fee rebatefee page ↗BTC/ETH-USDC pairs on Base: market order fee 0.05%, limit order rebate 0% (+0.02 USDC execution fee); community-listed pairs 0.1% taker / 0.05% maker rebate; VIP tiers down to 0.02% taker / -0.01% maker on BTC/ETH-USDC (https://docs.synfutures.com/perp-trading/vip-fee-tier)
48Drake Exchange0.05%0.01%$5.00None statedfee page ↗same on every market; vault fills also pay oracle spread (~0.5-2.5 bps)
49dYdX0.05%0.01%$5.00referred users enjoy fee tier discounts, starting at fee tier 3, which allows them to save up to $550 on feesfee page ↗Tier 1 (<$1M 30d volume); governance-set, matches on-chain perpetual_fee_params
50Antarctic0.05%0.02%$5.00None statedfee page ↗VIP 0 (<2.5M USDT 14-day volume)
51ApeX Omni0.05%0.02%$5.00None statedfee page ↗VIP level 1
52Bullbit0.05%0.02%$5.00Set by the referrerfee page ↗VIP 1 (<$2M 30-day volume) perp rates; page also mislabels them as '20 bps'/'50 bps'
53Gate Perp DEX0.05%0.02%$5.00None statedfee page ↗VIP 0 row: 0.0200% / 0.0500%. The table header does not render; maker is assumed to be the first column because the page defines Maker before Taker. VIP 16: 0% / 0.016%
54QFEX0.05%0.02%$5.00Users who sign up using your invitation code receive a 10% discount on trading fees.fee page ↗
55Synthetix0.05%0.02%$5.00Referees receive a 5% discount on trading feesfee page ↗
56Fulcrom0.05%0.05%$5.00Get position fee discounts automatically when opening and closing positions after applying a referral code. The discount rate depends on the Referrer's tier.fee page ↗0.05% of position size to open or close on Cronos, zkSync Era and Cronos zkEVM (labelled a limited-time launch discount) plus hourly borrow fee
57KiloEx0.05%0.05%$5.00Set by the referrerfee page ↗crypto & stocks 0.05%, forex 0.02% per open/close; plus spread (AMM-style slippage), funding fee and keeper execution fee; no maker/taker split
58Moonlander0.05%0.05%$5.00None statedfee page ↗0.05% open and 0.05% close for 1-100x; RWA pairs 0.02%; 500-1000x mode: no open fee, close fee max(0.03% of size, 15% of profit); plus execution, holding and funding fees
59Domination Finance0.06%0.03%$6.00Bind to a code and you draw from the referee pool on top of everything you already earnfee page ↗BTCDOM opening fee; closing fee is one quarter of opening (taker 0.015%, maker 0.0075%). ETH/USDT/BNB/SOL dominance pairs: open taker 0.08% / maker 0.04%. Plus 0.10 USDC oracle fee per action and funding.
60Jupiter Perps0.06%0.06%$6.00None statedfee page ↗JLP markets (SOL/ETH/wBTC): flat 0.06% base fee on open and close plus price-impact and hourly borrow fees; Beta (GUM) markets: taker 0.035%, maker 0.005%
61GMX0.06%—$6.00Traders using the code receive a 5% or 10% discount on those fees (opening and closing fees for leverage trading).fee page ↗
62Demex0.072%0.0135%$7.20Set by the referrerfee page ↗base tier (Plankton, <15,000 SWTH) perps/futures, shown discounted from 0.08%/0.015% via Carbon Credits Rebate; top tier Leviathan taker 0.009%, maker -0.01%; pre-launch perps taker 0.27%; 'Trading fees are subject to change at any time'
63Aevo0.08%0.05%$8.00When new users sign up using a Referral link, both the referrer and the referee get 10% of the referee's trading fees as rewards (pre launch market trades not included).fee page ↗Standard fees; pre-launch markets 0.25%/-0.10%
64Lynx0.09%0.09%$9.00None statedfee page ↗Regular mode (2-249x): 0.09% opening + 0.09% closing fee plus spread, funding, borrow; Cat Mode (250-500x): no open/close fee, 20% performance fee on profits
65TRUE DEX0.1%0.02%$10.00Arrive through someone’s referral link and you pay 10% less in fees, for life.fee page ↗public API fee_config confirms maker 200 ppm / taker 1000 ppm; volume fee ladder in code is not switched on
66Ostium0.1%—$10.00None statedfee page ↗no maker/taker model: one-time opening fee 3-10 bps by asset (crypto 10 bps, stocks 6, ETFs 5, FX 3-5) + $0.10 oracle fee + rollover; no closing fee except early-close (<15s profitable) fee

Common questions

Which perp DEX has the lowest trading fees?

At the base tier, Lighter, Paradex and Variational have the lowest published taker fees among the 66 venues we checked. Fees depend on order type, market and volume tier.

What is a maker fee and a taker fee?

A taker order fills immediately against the order book (for example a market order) and pays the taker fee. A maker order rests on the book until someone else fills it and pays the usually lower maker fee, or receives a rebate.

Do referral codes lower fees?

On some venues. 29 of the 66 venues here state a benefit for referred traders; the exact wording is in the table.

More data reports

See all perp DEXs ranked ↗

Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗

Market data, not investment advice. Venue links in the directory may be referral links; they never change rankings. Disclosure