HEXATAPE
Tools
Not financial adviceData and analytics, for information only
Perpetual futures

What a trade really costs

Fees quietly eat into every trade, and every exchange hides them in tiers and fine print. Put in your monthly volume and trade size and see what each major exchange really charges you, cheapest first. Every rate comes from the exchange's own fee page, with the link.

For every trader. New to trading? This is the easiest money you will ever save. Trading every day? It adds up fast: the same trade can cost 2.6 times as much on one exchange as on another, and the table shows what your fees come to each month.

Your cost on each exchange
VenueYour tierMaker / sideTaker / sideRound tripThis tradeA month at your volumeNext tierSource
Round trip = the fee to open plus the fee to close (1 bp = 0.01%). A month at your volume = that rate over your 30-day volume. Hyperliquid counts 14 days of volume, so your figure is scaled to match. Most exchanges also cut fees for holding their token or a balance (shown under the exchange), which can only lower your cost.
How fees drop as you trade moretaker fee per side by 30-day volume

Fees, not the whole cost

Spread, slippage and funding come on top.

Read from the source

Every rate is dated and linked to the exchange's own page. Promotions and negotiated rates aren't included, so check before you trade.

No guessing

Where an exchange hides its fees behind a login, we say so instead of guessing.