{% hint style="info" %}
Maker: A “maker” order is an order that adds liquidity to the order book. A maker order is not executed instantly but is placed on the order book or AMM.
Taker: A “taker” order is an order that removes liquidity from the order book. A taker order is an order that is executed instantly against other orders upon submission.
{% endhint %}
| Fee Category | Premia | Deribit |
|---|---|---|
| Maker Fee | 0.00% | 0.03% |
| Taker Fee (AMM) | 0.30%* | - |
| Taker Fee (Orderbook) | 0.08% | 0.03% |
| Settlement Fee (Short) | Free | Free |
| Excercise Fee (Long) | 0.30%* | 0.015% |
| Quoting Fee | Free | - |
| Deposit Fee | - | Free |
| Withdrawal Fee | - | Variable |
| Multi-Leg (Combo) | TBD | Highest Fee Leg |
For more information on calculations, please see Concepts>Fees
This is the current fee schedule on Premia V3 (active version) and is subject to change anytime.
*This fee is capped at 12% of the Option's value.