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One fee is paid to OWNIT; it’s the evaluation fee. Trading and funding fees are simulated and come off your account balance, to reflect real trading costs. OWNIT does not collect them.

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Fee structure

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Trading fee rates

fee = size × fill price × rate Trading fees are deducted from your balance on every fill. They reduce equity, so they count toward the loss limits. For maker and taker fees, every position is charged twice: once on the order that opens it, once on the order that closes it. Opening and closing 1 BTC at $60,000 costs $36 with market orders in and out, or $12 with limit orders that rest on the book both ways.

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Maker or taker

Every position is charged twice: an opening fee on the order that opens it, then a closing fee on the order that closes it. Each pays maker or taker depending on how it fills. To close at the maker rate, use a reduce-only limit order that rests on the book. Budget the round trip, not one leg.

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Worked examples

Round trip on 1 BTC at $60,000, opened and closed at the same price: The Order panel shows the fee for the order you are about to place, which is one leg. The position needs to cover both before it is in profit.

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Funding

Funding is a payment between longs and shorts that keeps the perpetual price near spot. The current rate for each market is the 1H Funding column on the Markets screen. Funding paid or received is shown on the position row and settles into balance.

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Other costs

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Questions

Yes. Fees come off balance and equity on each fill.
Yes. Fees are on notional, not on profit.
Taker for market closes, stop losses, take profits, and Close All. Maker for a reduce-only limit order that rests on the book until it fills.
Close before the hour, or hold no position across it.
Leverage is a separate limit: Leverage. Rates are Hyperliquid’s and can change; the Order panel shows the current fee before you confirm.