Trading Fees

Overview

The Taker pays 4bps of underlying notional as a taker fee.

The Maker pays 1bp of underlying notional as a maker fee.

Both Taker and Maker Fees are capped by 300% of the Option Price.

Example

Alice (taker) trades 2 BTC-USD-90000-C against Bob (maker). BTC spot price is 100000.

Alice pays $0.0004*2*80000=\$120$ and Bob pays $0.0001*2*100000=\$20$