- 2026-06-01Fee rate cards now cite the official Hyperliquid fee and referral docs next to each exact rate and discount term.
- 2026-06-01Trimmed commercial FAQ structured data to a single Article record; the visible FAQ content on this page is unchanged.
- 2026-05-26Rechecked tier 0 maker and taker rates, weighted-volume tier rules, and sub-account tier sharing against the official docs; no rate changes found.
Hyperliquid trading fees depend on your rolling 14-day weighted volume, whether your order is maker or taker, and whether you are trading perps or spot. The official docs list tier 0 perps fees as 0.045% taker and 0.015% maker before eligible discounts. Fee estimates should also account for funding, slippage, liquidation risk, and any future builder fees.
Base taker fee for tier 0 perpetual trading before discounts.
Source: official Hyperliquid fee and referral docs, reviewed 2026-06-01.
Base maker fee for tier 0 perpetual trading before discounts.
Source: official Hyperliquid fee and referral docs, reviewed 2026-06-01.
Applies to eligible referred user fees for the first $25M in volume.
Source: official Hyperliquid fee and referral docs, reviewed 2026-06-01.
Fee tier basics
- Fees are based on rolling 14-day weighted volume and assessed at the end of each day in UTC.
- Perps and spot volume count together toward a user's fee tier.
- The official docs say spot volume counts double toward weighted volume.
- Sub-account volume counts toward the master account tier, while vault volume is treated separately.
What changes your rate
The official docs separate perps and spot fee schedules, but combine perps and spot volume when determining fee tier.
Staking tiers can provide trading fee discounts, and aligned quote assets can receive lower taker fees and better maker rebates.
HIP-3 markets can have growth mode and deployer fee settings, so always check the market-specific fee context before trading.
The real cost stack
Trading fee
The explicit maker or taker fee charged on the notional value of a trade.
Funding
A separate payment between longs and shorts. It can dominate costs on longer-held perp positions.
Slippage and spread
The execution difference between expected and filled price, especially during volatility or larger orders.
Liquidation and risk costs
A position can be closed by the venue if margin falls too low. Fee savings do not protect against this.
Simple fee examples
$10,000 taker perp
- Rate used
- 0.045%
- Estimated fee
- $4.50 one way
- With 4% discount
- $4.32 one way
$10,000 maker perp
- Rate used
- 0.015%
- Estimated fee
- $1.50 one way
- With 4% discount
- $1.44 one way
These examples use tier 0 perps rates and do not include funding, spread, slippage, liquidation costs, or builder fees.
Fee calculator
Affiliate disclosure: the referral discount is off by default. If you turn it on, HypeBasis may earn referral rewards from eligible use of referral links elsewhere on the site. Official docs describe the 4% referral discount as limited to the user's first $25M in volume; this calculator does not know your remaining eligible volume, so apply the toggle only to notional still under that cap.
Uses the official base fee table for tiers 0-6, then applies the selected referral and staking-discount assumptions. It does not read your account `userFees`, aligned quote assets, HIP-3 growth mode, deployer fee share, funding, slippage, liquidation, or builder fees.
A lower fee can reduce explicit trading cost, but it does not make a leveraged position safer. Funding, slippage, and liquidation can overwhelm the difference between fee tiers.
Get the fee discount
Review the referral terms before you trade.
FAQ
What are the base Hyperliquid perps fees?
The official docs list tier 0 perps fees as 0.045% taker and 0.015% maker before eligible discounts.
How are fee tiers calculated?
The official docs say fees are based on rolling 14-day weighted volume. Perps and spot volume count together, and spot volume counts double toward the weighted total.
Are funding payments included in trading fees?
No. Funding is a separate recurring payment between long and short positions.
Do sub-accounts share the same fee tier?
The official docs say sub-account volume counts toward the master account and all sub-accounts share the same fee tier. Vault volume is treated separately.
What is the simplest fee estimate?
Multiply trade notional by the maker or taker rate, then double it for an approximate open and close round trip.
Why do traders still need market data after reading fees?
The fee schedule does not show spread, depth, slippage, or funding pressure for the exact market. Open the market page before sizing a trade.
Are referral and staking discounts enough to compare venues?
No. Discounts affect part of the cost stack. A useful venue comparison also includes funding, liquidity, margin rules, order type, and eligibility.
Related guides
Fees are only one part of the decision. Check risk and jurisdiction pages before trading.
Referral code
See how the 4% referral discount works and what this site may earn.
Fee calculator
Estimate one-way and round-trip maker or taker fees with a referral discount toggle.
Builder fees
Separate future builder-code costs from protocol fees, funding, and slippage.
Deposit and withdrawal guide
Check transfer, bridge, address, and withdrawal-risk basics before moving funds.
Liquidation calculator
Estimate approximate liquidation distance before using leverage.
Risk disclaimer
Read the trading, liquidation, funding, slippage, and protocol risk notes.
Sources and corrections
See how HypeBasis reviews fee, referral, restriction, and risk claims.
Compare venues
Compare Hyperliquid fees, liquidity model, custody, and restrictions with other venues.
Sources
- Hyperliquid Docs: FeesAccessed 2026-06-12Supports: Rolling 14-day volume tiers, perps and spot fee schedules, staking discounts, referral fee limits, fee-model caveats, fee distribution to HLP, the assistance fund, and deployers, the assistance fund system address, and burn recognition of assistance-fund HYPE.
- Hyperliquid Docs: FundingAccessed 2026-05-26Supports: Hourly funding, funding formula, interest-rate component, premium component, and funding payment formula.