Cost calculator · auditable model

Hyperliquid trading fee calculator

Estimate a standard spot or perpetual round trip. Separate fees, referral savings, funding and execution costs. No wallet connection required.

ReferralEligible fees only
FundingLong / short
InputsDot or comma
Reviewed

Equal opening and closing notional. For example, $100 000 per fill means $200 000 total traded. Use spaces for thousands.

An assumption, not an account check. Vaults and subaccounts do not qualify.

Funding, execution and referral limit

By default, funding exposure follows your notional per fill. Override it when modeling a different oracle price.

A fixed funding rate and fixed oracle exposure are projections. Builder fees are separate from HIP-3 deployer economics, which this model does not support.

Estimated round-trip cost
$115.40
11.54 bps of one-way notional
Open fee after staking, before referral$45.00
Close fee after staking, before referral$45.00
Referral savings−$3.60
Funding · long$8.00
Open + close slippage$20.00
Builder · both fills$0.00
Bridge / transfer$1.00
Other fixed costs$0.00

Included assumptions: 8 funding settlements at 0.001% per hour on $100 000 oracle exposure; 1/1 bps slippage; $1 transfer cost.

Supported: standard positive-fee perpetuals and spot, equal-size fills. Maker rebates, aligned quotes, quote-to-quote, HIP-3 deployer/growth fees and outcomes are not supported. Funding, prices and actual closing size can change. Check the official order preview.

For a dated example of execution costs, inspect our BTC, ETH, SOL and HYPE order-book sample. Its modeled costs include the midpoint crossing cost. Avoid adding the quoted spread to those values again.

Method

Know which costs are fixed and which costs can change

Fee tiers are deterministic once your tier and product are known. Funding is path-dependent. Slippage is market- and size-dependent. Bridge and additional interface costs belong outside the protocol fee.

01

Trading fees

The model uses current standard perpetual and spot tier rates, then applies the selected staking reduction.

Inspect all fee tiers →
02

Referral savings

Four percent of remaining eligible trading fees. No discount is applied to funding, slippage, bridge, vault or additional fees.

Check eligibility →
Size before cost: Use the Hyperliquid position size calculator to set notional from a risk budget, entry and stop. Return here to model fees and slippage for that notional.