What a Hyperliquid order actually costs, layer by layer
An order placed through StratiDex carries three costs: Hyperliquid's protocol fee, our commission, and the spread you cross. On a HIP-3 market (stocks, gold, indices, currencies), the dex that deployed it adds a share of the protocol fee, and most add 100 %, which doubles it. Here is each layer, and where to check it.
The three layers of an order's cost
Every fill through StratiDex carries three separate costs. Two are fees charged on the position. The third depends on the order book at the second your order lands.
- StratiDex commission: 10 bp of the position, on every executed order. No subscription, no share of your profits.
- Hyperliquid's protocol fee: charged by the exchange on every order, and kept by it. A market order pays the taker rate, because it fills at once against the book.
- Spread: the gap between the best buy price and the best sell price. You cross it on the way in and on the way out. It is a market cost, not a fee.
One basis point (bp) is one hundredth of a percent. Our commission is stated on the risk screen before your first order and on /pricing. Performance, in the bot, shows your net result, fees included.
Native vs HIP-3: where the deployer share comes from
Hyperliquid lets third parties deploy their own perpetual markets through HIP-3. On StratiDex, the stocks, commodities, indices, currencies and pre-IPO names all come from these deployers, such as xyz, io, mkts and para. Hyperliquid's documentation states the rule plainly: “HIP-3 deployers can configure an additional fee share between 0-300 %” of the protocol fee. That share sits on top of the protocol fee, so two markets that look alike can cost different amounts to trade.
| Market type | Deployer share | Hyperliquid fee |
|---|---|---|
| Native Hyperliquid (crypto) | — | The protocol's base rate |
| HIP-3, most markets today | 100 % | Twice the base rate |
| HIP-3 at a lower share | Less than 100 % | Between the base rate and twice it |
| HIP-3 at the documented ceiling | 300 % | Four times the base rate |
The last row is what the rule permits, not what the markets use. A deployer can change its share at any time. Each market's page on /markets prints its current fee, and so does the open dataset at /data/markets.json.
Fees are charged on the position, not on your stake
Fees apply to the size of the position, not to the margin behind it. $50 of stake at 5× opens a $250 position, and every fee is charged on $250.
| Stake | Leverage | Position the fees are charged on |
|---|---|---|
| $50 | 2× | $100 |
| $50 | 5× | $250 |
| $50 | 10× | $500 |
| $50 | 20× | $1,000 |
On the $250 position, our commission is $0.25 when you open, and again when you close. Hyperliquid's fee is charged on the same $250, at that market's rate. Then comes the spread: each basis point of spread costs $0.025 on $250.
Check the numbers yourself
- Open a market's page from /markets. The deploying dex, the deployer share and the market's fee are printed there.
- Download /data/markets.json, our open dataset under CC BY 4.0: one row per market, with leverage cap, margin mode, deploying dex, deployer share and taker fee.
- Go to the source: ask the Hyperliquid API for a deploying dex's fee share and compare it with our row.
- After you trade, open Performance in the bot: it shows your net result, fees included.
If a figure here and a figure in the API disagree, the API wins. A deployer that changes its share changes the fee at once on Hyperliquid, and our pages follow at their next update.
What costs nothing, and the one flat fee
Most of the bot is free. The one flat charge on the path is a dollar amount, and Hyperliquid takes it, not us.
- Free: creating your account in the chat, exporting your private key, the watchlist, price alerts, the near-liquidation alert, sharing a market or a trade card in any Telegram chat.
- Free: copy-wallet itself. No share of the profits is taken from you. The orders it places are ordinary orders and pay the same commission as an order you tap yourself.
- Instant, with no StratiDex fee: withdrawing to another Hyperliquid account.
- $1: withdrawing to your wallet on Arbitrum. Hyperliquid charges it, and the money arrives in about 5 minutes.
- Deposit: nothing from StratiDex. The transfer to Hyperliquid pays a little Arbitrum gas, in USDC.
- No subscription, no monthly fee, no share of your trading profits.
| Threshold | Value |
|---|---|
| Deposit network | USDC on Arbitrum One only |
| Deposit credited from | $6.00; the bot asks for $13.00 to get started. Below $6.00, the funds wait on your Arbitrum address until you add more |
| Smallest order | $11.00 |
Fees, leverage and the break-even you have to clear
Because fees are charged on the position, leverage multiplies them against your stake. At 20×, your stake is 5 % of the position: every basis point of fee costs 0.2 % of your stake before the price has moved. The position has to move by more than its fees and the spread before it earns anything.
The same leverage brings the liquidation price closer. Each market has its own cap, and the ticket only offers what the market accepts, with an approximate liquidation price before you confirm. Once the position is open, protect it with a stop loss and a take profit held by Hyperliquid, or a trailing stop that keeps the share of your net gain you choose (75, 50 or 25 %, or 5 to 95 %). The bot alerts you when a position nears liquidation. /risks sets out the rest.
Frequently asked questions
How much does Hyperliquid charge per trade?
A protocol fee on every order: the taker rate for an order that fills at once, a lower maker rate for one that rests in the book. On a HIP-3 market the deploying dex adds a share of that fee, set between 0 and 300 %; most add 100 %, which doubles it. Each market's page on /markets prints its current fee.
Why do gold and stock perps cost more than BTC on Hyperliquid?
Because they are HIP-3 markets deployed by third parties, and most of them add 100 % of the protocol fee on top. A market order there pays twice Hyperliquid's fee on a native market such as BTC. That extra comes from the deployer's share, not from StratiDex, whose commission is the same on every market.
What does StratiDex charge on top of Hyperliquid?
A commission on each executed order, detailed on /pricing and stated on the risk screen before your first order. No subscription, no share of your trading profits, no fee to open the account. The one fixed charge on the path is Hyperliquid's $1 withdrawal to Arbitrum.
How do I check the HIP-3 deployer fee myself?
Ask the Hyperliquid API for the deploying dex's fee share, or open /data/markets.json on stratidex.io, our CC BY 4.0 dataset with one row per market. Both give the deployer share and the resulting taker fee. A 100 % share doubles the protocol's taker fee.
Where do I see what I actually paid?
In Performance, in the bot: it shows your net result, fees included. Our commission is also stated on the risk screen before your first order, and on /pricing.
What is the minimum to start trading?
A deposit of USDC on Arbitrum One above the Hyperliquid bridge's small minimum, and enough for the smallest order; both amounts are in the thresholds table above. Below the bridge minimum, the deposit is not credited and the money stays on your Arbitrum address.