> For the complete documentation index, see [llms.txt](https://docs.prvx.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.prvx.io/privex-platform/trading-fees-for-perpetual-contracts.md).

# Trading Fees for Perpetual Contracts

At PriveX, we strive to maintain a competitive and transparent fee structure for our perpetual contracts. Here's a breakdown of our fees:

#### Platform Fee

PriveX applies a total platform fee of 0.06% on all positions. This fee is split as follows:

* 0.03% fee on position opening
* 0.03% fee on position closing<br>

  #### Additional Costs to Consider

  While not direct fees charged by PriveX, traders should be aware of the following potential costs:

  1. Funding Rates: These rates are periodically exchanged between long and short position holders and can represent either a cost or a profit depending on market conditions and your position.
  2. Spreads: The difference between the bid and ask prices quoted by our solvers. While not a fee per se, spreads do impact the overall cost of trading.