💵Fees

An overview of the trading fees charged on JOJO.

Trading Fees

Perpetual

JOJO has the lowest trading fees on Base. The trading fee rate for taker is 0.03%. There is no trading fees for makers and makers will receive a 0.01% fee rebate when orders are filled.

All users need to pay gas fees by themselves.

Maker Fee: Base fee -0.01% + Gas fee

Taker Fee: Base fee 0.03% + Gas fee

1000X

The opening fee and the closing fee are different. Fee rate of opening a position is 0.02%. If your position is not profitable, you do not need to pay a closing fee. The higher the profit, the higher the closing fee.

There is no gas fees for 1000x trading!

Opening Fee: 0.02%

Closing Fee: according to the profit

ROE
Closing Fee Rate

ROE <= 0%

0

0 < ROE <= 20%

10%

20% < ROE <= 50%

20%

50% < ROE <= 75%

30%

75% < ROE <= 100%

40%

100% < ROE <= 150%

50%

150% < ROE <= 200%

60%

200% < ROE <= 250%

70%

R > 250%

80%

eg. if your position margin equals 10 USDC, when you close the position at 160% ROE, the closing fee would be calculated like this:

The fee is calculated based on different profit brackets:

  • For 0 < ROE <= 20%: Profit range: 10 * 0.2 = 2 USDC Fee: 2 * 10% = 0.2 USDC

  • For 20% < ROE <= 50%: Profit range: 10 * (0.5 - 0.2) = 3 USDC Fee: 3 * 20% = 0.6 USDC

  • For 50% < ROE <= 75%: Profit range: 10 * (0.75 - 0.5) = 2.5 USDC Fee: 2.5 * 30% = 0.75 USDC

  • For 75% < ROE <= 100%: Profit range: 10 * (1.0 - 0.75) = 2.5 USDC Fee: 2.5 * 40% = 1.0 USDC

  • For 100% < ROE <= 150%: Profit range: 10 * (1.5 - 1.0) = 5 USDC Fee: 5 * 50% = 2.5 USDC

  • For 150% < ROE <= 200%: Profit range: 10 * (1.6 - 1.5) = 1 USDC Fee: 1 * 60% = 0.6 USDC

Final Fee Calculation: Fee = 0.2 + 0.6 + 0.75 + 1.0 + 2.5 + 0.6 = 5.65 USDC

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