What trading fees does Thalex charge

The trading fees shown below apply to all contracts* and to both BTC and ETH as the underlying.

Level

Six-month trading volume**

Maker (bps) 

Taker (bps)

1 

$0 -$50M

2.5

2.5 

2 

>$50M

1.0

1.0

*50% fee discount for Future Rolls & all other combinations, if legs are offsetting.

**Level 2 fees (1 bps) will apply after your trading volume has exceeded the >$50 million threshold. If your six-month trading volume falls below $50 million, level 1 fees (2.5 bps) will apply again.

IMPORTANT: All trading fees are paid in the settlement coin (USDt) so please make sure you have sufficient USDt balance available.