Fees

There are fees for user actions on Flash.Trade for Traders.

Trader Fees:

Crypto (Pool 1 Assets)

• Open/Close Fee: A fee charged whenever a position is opened or closed. For Crypto (BTC, ETH, and SOL) trades this is 0.08% (8bps) of the total size of the trade.

• Margin Fee: A fee that is charged continuously on an open position that is dependant on size of the trade and utilization of the pool asset being used. There is a cap of 90% on utilization for all assets to ensure LPs are able to withdraw.

Calculated by the formula below:

• Swap Fee: If a user brings another asset other than the one that is used for collateral when trading then they will incur a swap fee. This is a dynamic fee that depends on the balance of assets in FLP.

Calculated by the formulas below:

$$SwapFee_{total}=SwapFee_{paying}+SwapFee_{receiving}+BaseFee_{paying} +BaseFee_{receiving}$$

Synthetic Assets

• Open/Close Fee: A fee charged whenever a position is opened or closed on total size of the trade.

Market	Open/Close Fee
FX	0.08%
Metals	0.10%

• Margin Fee: A fee that is charged continuously on an open position that is dependant on size of the trade and utilization of the pool asset being used. There is a cap of 80% on utilization for all assets to ensure LPs are able to withdraw.

Calculated by the formula below:

• Swap Fee: If a user brings another asset other than the one that is used for collateral when trading then they will incur a swap fee. This is a dynamic fee that depends on the balance of assets in FLP.

Calculated by the formulas below:

$$SwapFee_{total}=SwapFee_{paying}+SwapFee_{receiving}+BaseFee_{paying} +BaseFee_{receiving}$$

Solana Beta (Pool 3 Assets)

• Open/Close Fee: A fee charged whenever a position is opened or closed. For Solana Beta (JTO, PYTH, and JUP) trades this is 0.15% of the total size of the trade.

• Margin Fee: A fee that is charged continuously on an open position that is dependant on size of the trade and utilization of the pool asset being used. There is a cap of 80% on utilization for all assets to ensure LPs are able to withdraw.

Calculated by the formula below:

• Swap Fee: If a user brings another asset other than the one that is used for collateral when trading then they will incur a swap fee. This is a dynamic fee that depends on the balance of assets in FLP.

Calculated by the formulas below:

$$SwapFee_{total}=SwapFee_{paying}+SwapFee_{receiving}+BaseFee_{paying} +BaseFee_{receiving}$$