Fees
Here 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 0.051% (5.1bps) 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. Step1% and Step2% details per asset are below.
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:
Synthetic Assets
Open/Close Fee: A fee charged whenever a position is opened or closed on total size of the trade.
FX
0.08%
Metals
0.10%
Margin Fee: Same as Pool 1.
Solana Beta (Pool 3 Assets)
Open/Close Fee: A fee charged whenever a position is opened or closed. For Solana Beta (JUP, JTO, KMNO,RAY, PYTH, and W) trades this is 0.15% of the total size of the trade. Exceptions on JTO and KMNO markets where there is a 0.25% and 0.28% trading fee respectively due to market structure.
Margin Fee: Same as Pool 1
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:
Meme (Pool 4 & 5 Assets)
Open/Close Fee: A fee charged whenever a position is opened or closed. For Meme token (BONK & WIF) is 0.17% of the total size of the trade.
Margin Fee: Same as Pool 1
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:
Swap Fee Details
Details on the components of the Swap Fee are below. FeeMin is always 0.
Pool 1 Tokens
0.00075
0.0015
.0002
Pool 3/4/5 Token
.001125
.00225
.0003
USDC
.00025
.0005
.0001
BTC
22.5%
10%
30%
ETH
5%
6%
20%
SOL
27.5%
20%
40%
USDC
45%
35%
55%
Margin Fee Step Values
ВТС
30%
105%
SOL
56%
105%
ETH
30%
105%
Metals/FX
175.2%
175.2%
KMNO
140%
175%
JUP
140%
175%
JTO
140%
175%
RAY
140%
350%
PYTH
140%
175%
W
140%
250%
BONK
140%
250%
WIF
140%
250%
PENGU
140%
350%
TRUMP
140%
350%
SAMO
140%
250%
Pool 1 USDC
28%
35%
Pool 3 USDC
35%
50%
Pool 4+ USDC
50%
100%
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