# Fees and Funding Rate **Trading Fees (Maker and Taker)** * **Maker:** This is an order that adds liquidity to the market (e.g., a limit order that waits to be filled). * **Fee:** 0.01% of the total position size including leverage. * **Example:** You open a position with $10,000 using 1:5 leverage (total size = $50,000). The maker fee is:\ $50,000 × 0.01% = $5. * **Taker:** This is an order that removes liquidity from the market (e.g., a market order that fills immediately). * **Fee:** 0.03% of the total position size including leverage. * **Example:** For the same $50,000 position, the taker fee is:\ $50,000 × 0.03% = $15. **When are they charged?** Trading fees are charged when you open *and* close a position. **Funding Fee (Funding Rate)** * **What is it?** The funding fee is a periodic payment that helps keep the futures contract price in line with the spot market price. * **How does it work?** * The rate is variable and depends on market sentiment: * If more traders are holding **long** positions, the rate is positive, and longs pay shorts. * If more traders are holding **short** positions, the rate is negative, and shorts pay longs. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://hashhedge.gitbook.io/hashhedge-user-guide/trading-module/fees-and-funding-rate.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.