Fees
Trading fees are charged when opening and closing perpetual positions on TTT.
Fees are calculated based on the total position size, not the margin amount used.
Fee Structure
| Order Type | Fee Rate |
|---|---|
| Maker Fee | 0.04% |
| Taker Fee | 0.04% |
Maker Fee
A Maker order adds liquidity to the order book.
This usually happens when a Limit Order is placed at a custom price and is not filled instantly.
Example
BTCUSDC current price: 80,000 USDC
You place a Buy Limit order at 79,000 USDC.
The order remains open in the order book until the market reaches the selected price.
This order is considered a Maker order.
Taker Fee
A Taker order removes liquidity from the order book.
This usually happens when:
- A Market Order is executed instantly;
- A Limit Order is matched immediately against existing orders in the order book.
Example
BTCUSDC current price: 80,000 USDC
You place a Market Buy order.
The order executes instantly using available market liquidity.
This order is considered a Taker order.
Trading Fee Formula
Trading fees are calculated using the total position size:
Trading Fee = Position Size × 0.04%
Calculation Example
- Margin: 100 USDC
- Leverage: 20x
Position size:
100 × 20 = 2,000 USDC
Opening Trading fee
2,000 × 0.0004 = 0.8 USDC
Result:
- Opening fee: 0.8 USDC
Closing Fee Formula
Closing Fee = (Position Size + PnL) × 0.04%
Example
Opened position:
- Position size: 2,000 USDC
- Opening fee:
2,000 × 0.0004 = 0.8 USDC
Position later grows to 2,300 USDC because of profit.
Closing fee:
2,300 × 0.0004 = 0.92 USDC
So:
- Opening fee: 0.8 USDC
- Closing fee: 0.92 USDC
If the position is in loss, the closing fee becomes lower instead.
Total trading fees for the full trade:
0.8 + 0.92 = 1.72 USDC