Fees
The trading fee to open or close a position is 0.1% of the position size.
Funding fees can be positive or negative while a position is open. The funding rate fluctuates over time based on the long-to-short balance. It is applied when an order is executed, or collateral is modified.
Funding Index = Basic Funding Rate * ( Net Position in USD / Total Tokens in the TLP )
Funding Fee = Difference between your entry index and the current funding index * Position Size
The Basic Funding Rate is at 0.03% for all perpetual markets.
When long open interest exceeds short open interest, the funding rate paid by longs to shorts will gradually increase until the gap between long and short positions falls below a set threshold.
Conversely, if short open interest surpasses long open interest, the funding rate will adjust in the opposite direction, with shorts paying longs at a gradually increasing rate until the imbalance is reduced below the threshold.
The Borrow Fee accrues hourly on open positions and is deducted when an order is executed, or collateral is modified. This fee is paid to the counterparty of your trade, with the hourly rate fluctuating based on utilization and the amount borrowed.
Hourly Borrow Fee = Hourly Borrow Rate * Position Size
Utilization | Hourly Borrow Rate | Annually Borrow Rate |
|---|---|---|
0% ~ 60% | 0% ~ 0.001% | 0% ~ 9% |
60% ~ 80% | 0.001% ~ 0.002% | 9% ~ 18% |
80% ~ 100% | 0.002% ~ 0.008% | 18% ~ 70% |
Upon liquidation, any remaining collateral after deducting losses and fees will be retained as a liquidation fee for the TLP pool. Additionally, 1% of the liquidation fee is allocated to an insurance fund to protect TLP.
The swap fee is 0.1% to 0.2% of the swap amount. The exact fee depends on whether the trade improves or reduces the target balance of the Typus Liquidity Pool.
The deposit or claim fee is 0.1% to 0.2% of the collateral amount. The exact fee depends on whether the trade improves or reduces the target balance of the Typus Liquidity Pool.
The claim fee 0.1% has been waived at Typys V2.
The fee is charged by Typus to the Option Seller (who is also the Vault Depositor), because the option seller is the net premium (reward) receiver.
- 15% fee on
- Hourly SUI 5X Covered Call (Aggressive)
- Hourly SUI 5X Put Selling (Aggressive)
- Memecoins such as FUD, BLUB, HIPPO, and LIQ
- 10% fee on other vaults
The trading fee is charged by Typus to the Option Buyer (who is also the Vault Bidder).
Trading fee is 10-15% of the options price. For example, if a SUI option is traded at the price of 0.0001 SUI, the trading fee will be 10% of 0.0001 SUI = 0.00001 SUI.
- 15% fee on memecoins such as FUD, BLUB, HIPPO, and LIQ
- 10% fee on other options
*Fees take effect on Jan 20, 2025.
The fee for staking & switching Tails By Typus is 0.05 SUI per time.
The fee for feeding Tails By Typus is 0.5 SUI, regardless of the number of Tails staked. Feed once per day.
The fee for transfering Tails By Typus to another wallet address is 0.01 SUI per Tail.
The fee for extracting EXP from Tails By Typus is 10 SUI per time.
