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:

MarginFee/Hr = \frac{Utilization \text{ %}}{90 \text{ %}}(\frac{0.012 \text{ %}}{\text{hour}})
  • 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.

  • 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:

MarginFee/Hr = \frac{Utilization \text{ %}}{90 \text{ %}}(\frac{0.02 \text{ %}}{\text{hour}})

  • 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:

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 0.20% 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:

MarginFee/Hr = \frac{Utilization \text{ %}}{90 \text{ %}}(\frac{0.02 \text{ %}}{\text{hour}})

  • 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 0.15% 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 90% on utilization for all assets to ensure LPs are able to withdraw.

Calculated by the formula below:

MarginFee/Hr = \frac{Utilization \text{ %}}{90 \text{ %}}(\frac{0.02 \text{ %}}{\text{hour}})

  • 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:

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