# Prebit's Fee Structure

### **Key Fee Details:**

1. **Minimum Fee:**

* Each trade incurs a minimum fee of $0.30, ensuring affordability for all trading volumes.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">If you execute a trade worth $10, the fee will still be $0.30 (the minimum fee).</mark>

2. **Maker Fee:**

* A low 0.02% fee is charged for orders that provide liquidity to the market (maker orders).
* <mark style="background-color:orange;">Example: For a $1,000 limit order, the maker fee is $1,000 × 0.02% = $0.20.</mark>

3. **Taker Fee:**

* A 0.04% fee is applied for orders that remove liquidity from the market (taker orders).
* <mark style="background-color:orange;">**Example**</mark><mark style="background-color:orange;">: For a $2,000 market order, the taker fee is $2,000 × 0.04% = $0.80.</mark>

4. #### **Leverage-Based Fee Calculation (No Cap)**

   Prebit calculates trading fees based on **position size**, without a leverage cap. This means fees are determined by:

   <mark style="background-color:blue;">**Position Size = Initial Margin × Leverage**</mark><br>

   **Example Calculation**

   If you trade with **$10 initial margin** and **1000x leverage**, your position size will be:\
   \&#xNAN;**$10 × 1000 = $10,000 USDT**<br>

   Now, fees are applied based on your **order type:**

   <mark style="background-color:orange;">✔</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">**Maker Fee (0.02%)**</mark>\
   \&#xNAN;**$10,000 × 0.02% = $2 USDT**

   <mark style="background-color:orange;">✔</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">**Taker Fee (0.04%)**</mark>\
   \&#xNAN;**$10,000 × 0.04% = $4 USDT**

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### **Zero Fees on Key Actions:**

1. **Liquidation Fee:**

* No additional fees are charged if your position gets liquidated.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">If your position is liquidated due to market conditions, you are not charged any extra fee.</mark>

2. **Closing Position Fee:**

* Closing your positions is completely free, unlike many other exchanges.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">When you manually close a $1,000 position, there’s no fee applied.</mark>

3. **Funding Fee:**

* Prebit does not charge funding fees for holding positions, a significant advantage over other platforms.
* <mark style="background-color:orange;">**Example:**</mark> <mark style="background-color:orange;"></mark><mark style="background-color:orange;">If you hold a leveraged position for several hours or days, no extra fees are deducted.</mark>

> ### Why Choose Prebit for Low-Cost Trading?
>
> With minimal fees, no hidden charges, and free essential actions like closing positions and avoiding funding fees, Prebit ensures that traders maximize their profits while enjoying a seamless trading experience. This fee structure positions Prebit as one of the most cost-efficient DEXs in the market.