> For the complete documentation index, see [llms.txt](https://vexar.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://vexar.gitbook.io/docs/fees-and-limits.md).

# Fees and Limits

### Trading Fees Overview

VEXAR uses a tier-based fee structure that rewards high-volume traders. Your tier is calculated based on your 30-day trading volume across all markets.

### Perpetual Contract Fees

#### Fee Tiers

| Tier         | 30-Day Volume | Maker Fee | Taker Fee | Cashback |
| ------------ | ------------- | --------- | --------- | -------- |
| **Bronze**   | $0 - $10K     | 0.10%     | 0.10%     | 5%       |
| **Silver**   | $10K - $100K  | 0.08%     | 0.08%     | 10%      |
| **Gold**     | $100K - $1M   | 0.06%     | 0.06%     | 15%      |
| **Platinum** | $1M - $5M     | 0.04%     | 0.04%     | 20%      |
| **Diamond**  | $5M+          | 0.02%     | 0.02%     | 30%      |

#### Fee Calculation Examples

**Example 1: Bronze Tier**

```
Position Size: $10,000
Leverage: 10x
Fee Tier: Bronze (0.10%)

Opening Fee: $10,000 × 0.001 = $10
Closing Fee: $10,000 × 0.001 = $10
Total Fees: $20

Cashback (5%): $1
Net Fees: $19
```

**Example 2: Diamond Tier**

```
Position Size: $100,000
Leverage: 10x
Fee Tier: Diamond (0.02%)

Opening Fee: $100,000 × 0.0002 = $20
Closing Fee: $100,000 × 0.0002 = $20
Total Fees: $40

Cashback (30%): $12
Net Fees: $28

Savings vs Bronze: $190 - $28 = $162 (83% less!)
```

#### Maker vs Taker

**Maker Orders:**

* Add liquidity to the order book
* Limit orders that don't execute immediately
* Lower fees (or rebates on some exchanges)

**Taker Orders:**

* Remove liquidity from the order book
* Market orders or limit orders that execute immediately
* Higher fees

**On VEXAR:**

* Same maker and taker fees per tier
* Focus on simplicity
* Volume-based discounts apply equally

### Spot Trading Fees

#### Standard Fee

**Base Fee: 0.5%**

#### Volume Discounts

| 30-Day Spot Volume | Fee   |
| ------------------ | ----- |
| $0 - $100K         | 0.50% |
| $100K - $1M        | 0.40% |
| $1M+               | 0.30% |

#### Fee Examples

**Small Trade:**

```
Swap: 1 SOL → USDC
SOL Price: $100
Trade Value: $100

VEXAR Fee (0.5%): $0.50
Network Fee: ~$0.00025
Total Cost: $0.50025

You Receive: $99.50 USDC
```

**Large Trade:**

```
Swap: 1000 SOL → USDC  
SOL Price: $100
Trade Value: $100,000

VEXAR Fee (0.4%): $400
Network Fee: ~$0.00025
Total Cost: $400.00025

You Receive: $99,600 USDC
```

### Network Fees (Gas)

#### By Blockchain

| Blockchain    | Typical Fee | Range            | Notes           |
| ------------- | ----------- | ---------------- | --------------- |
| **Solana**    | $0.00025    | $0.0001 - $0.001 | Extremely cheap |
| **Polygon**   | $0.01       | $0.001 - $0.10   | Very cheap      |
| **BSC**       | $0.10       | $0.05 - $0.30    | Cheap           |
| **Arbitrum**  | $0.30       | $0.10 - $1       | L2 benefits     |
| **Optimism**  | $0.40       | $0.20 - $2       | L2 benefits     |
| **Avalanche** | $0.50       | $0.10 - $2       | Variable        |
| **Ethereum**  | $15         | $2 - $100+       | Most expensive  |

#### Gas Optimization Tips

**1. Choose Right Chain**

```
Small trades (< $100): Use Solana
Medium trades ($100-10K): Use BSC or Polygon
Large trades (> $10K): Can justify Ethereum fees
```

**2. Trade During Off-Peak**

```
Lowest fees:
- Weekends
- Late night / early morning (US time)
- Avoid: US market open (9:30 AM EST)
```

**3. Batch Transactions**

```
Instead of: 10 swaps × $15 = $150 fees
Batch into: 1 swap × $15 = $15 fees

Savings: $135 (90%)
```

### Funding Fees (Perpetuals Only)

#### What is Funding?

A mechanism to keep perpetual prices anchored to spot prices. Paid every 8 hours between long and short traders.

#### Funding Schedule

```
00:00 UTC
08:00 UTC  
16:00 UTC

Funding collected/paid at these times
```

#### Typical Rates

| Market Condition     | Funding Rate       | Who Pays         |
| -------------------- | ------------------ | ---------------- |
| **Strong Uptrend**   | +0.01% to +0.05%   | Longs pay shorts |
| **Neutral**          | -0.005% to +0.005% | Minimal          |
| **Strong Downtrend** | -0.05% to -0.01%   | Shorts pay longs |

#### Funding Cost Examples

**Scenario 1: Holding Long 24 Hours**

```
Position: $10,000 Long BTCUSDT
Funding Rate: +0.01%
Periods: 3 (24h / 8h)

Cost per period: $10,000 × 0.0001 = $1
Daily cost: $1 × 3 = $3
Monthly cost: $3 × 30 = $90
```

**Scenario 2: Holding Short (Earning)**

```
Position: $10,000 Short BTCUSDT
Funding Rate: +0.01% (longs pay shorts)
Periods: 3

Earning per period: $1
Daily earning: $3
Monthly earning: $90
```

#### Managing Funding Costs

**Check Before Opening:**

* Review current funding rate
* Check historical rates
* Factor into profitability

**For Long Holds:**

* Consider spot instead of perps
* Close and reopen if funding is high
* Choose markets with lower rates

**Arbitrage Opportunities:**

* Extreme funding rates can be profitable
* Example: Earn funding by taking opposite side
* Delta-neutral strategies

### Deposit and Withdrawal

#### Deposit Fees

**VEXAR Fees: FREE**

Only network fees apply:

| Method   | Network Fee |
| -------- | ----------- |
| Solana   | \~$0.00025  |
| Ethereum | $5-30       |
| BSC      | \~$0.10     |
| Polygon  | \~$0.01     |

#### Withdrawal Fees

**VEXAR Fees: FREE**

Only network fees apply (same as deposits)

#### Deposit Limits

| Tier      | Minimum | Maximum   |
| --------- | ------- | --------- |
| All Users | $10     | Unlimited |

#### Withdrawal Limits

| Verification Level | Daily Limit |
| ------------------ | ----------- |
| **Unverified**     | $10,000     |
| **Email Verified** | $50,000     |
| **KYC Level 1**    | $100,000    |
| **KYC Level 2**    | Unlimited   |

#### Processing Times

| Transaction Type | Confirmations | Time         |
| ---------------- | ------------- | ------------ |
| **SOL Deposit**  | 1             | \~1 second   |
| **ETH Deposit**  | 12            | \~3 minutes  |
| **BSC Deposit**  | 15            | \~45 seconds |
| **Withdrawal**   | N/A           | Instant      |

### Trading Limits

#### Perpetual Contracts

**Position Limits:**

| Market Cap               | Max Position Size |
| ------------------------ | ----------------- |
| **Large Cap** (BTC, ETH) | $10M              |
| **Mid Cap**              | $5M               |
| **Small Cap**            | $1M               |
| **Micro Cap**            | $100K             |

**Order Limits:**

```
Minimum Order: $10
Maximum Order: $10M
Max Open Orders: 200
Max Positions: 50
```

**Leverage Limits:**

| Position Size | Max Leverage |
| ------------- | ------------ |
| $0 - $50K     | 20x          |
| $50K - $250K  | 10x          |
| $250K - $1M   | 5x           |
| $1M+          | 3x           |

#### Spot Trading

**Trade Limits:**

```
Minimum Swap: $10
Maximum Swap: Subject to liquidity
Slippage: 0.1% - 50%
```

**Rate Limits:**

```
API Requests: 1,000/minute
WebSocket Connections: 10 per user
Orders per Second: 10
```

### Fee Comparison

#### VEXAR vs Competitors

**Perpetual Contracts:**

| Exchange    | Maker | Taker | Max Cashback |
| ----------- | ----- | ----- | ------------ |
| **VEXAR**   | 0.02% | 0.02% | 30%          |
| **Binance** | 0.02% | 0.05% | 25%          |
| **Bybit**   | 0.01% | 0.06% | 20%          |
| **OKX**     | 0.02% | 0.05% | 25%          |

**Spot Trading:**

| Platform             | Base Fee | With Discount |
| -------------------- | -------- | ------------- |
| **VEXAR**            | 0.50%    | 0.30%         |
| **Uniswap**          | 0.30%    | N/A           |
| **Jupiter (Solana)** | \~0.20%  | N/A           |
| **1inch**            | \~0.30%  | N/A           |

*Note: DEX fees vary based on liquidity pools used*

### Volume Calculation

#### How Volume is Counted

**Perpetual Contracts:**

```
Position Size + Close Size = Total Volume

Example:
Open: $10,000 long
Close: $10,000 (at profit/loss)
Volume: $20,000
```

**Spot Trading:**

```
Each swap counts toward volume

Example:
Swap 1: $5,000 SOL → USDC
Swap 2: $3,000 USDC → BTC
Volume: $8,000
```

**Multi-Chain:**

* All chains count together
* Solana + Ethereum + BSC volumes are combined
* Updated in real-time

#### Checking Your Tier

**Dashboard:**

```
┌───────────────────────────────────┐
│ Current Tier: GOLD                  │
│                                     │
│ 30-Day Volume: $450,000             │
│ Next Tier: PLATINUM at $1M          │
│                                     │
│ Progress: [=========>    ] 45%     │
│                                     │
│ Current Fee: 0.06%                  │
│ Next Tier Fee: 0.04%                │
└───────────────────────────────────┘
```

**Volume Breakdown:**

* View by day
* View by market
* View by type (perp vs spot)
* Export CSV reports

### Cashback Program

#### How Cashback Works

**Automatic:**

* Credited after each trade
* No action required
* Paid in USDC
* Can be withdrawn immediately

**Calculation:**

```
Trade Fee: $100
Tier: Gold (15% cashback)

Cashback: $100 × 0.15 = $15
Net Fee: $85
```

#### Cashback Schedule

```
Real-time: Instant credit
Minimum: $0.01
Currency: USDC
Expiration: Never
```

#### Maximizing Cashback

**Strategy 1: Volume Concentration**

```
Instead of: Spreading $900K across 3 exchanges
Do: $900K volume on VEXAR

Result:
- Reach higher tier
- Better fee rate
- More cashback
```

**Strategy 2: Tier Planning**

```
Current: $95K volume (Silver tier)
Plan: Wait until next 30-day window starts
Then: Do $5K more to reach Gold

Benefit: 
- Lower fees for full 30 days
- More cashback
```

### API Rate Limits

#### REST API

| Tier           | Requests/Minute | Requests/Day |
| -------------- | --------------- | ------------ |
| **Free**       | 1,000           | 100,000      |
| **Pro**        | 10,000          | 1,000,000    |
| **Enterprise** | Custom          | Custom       |

#### WebSocket

```
Connections per User: 10
Subscriptions per Connection: 100
Messages per Second: 1,000
```

#### Order Rate Limits

```
Orders per Second: 10
Orders per Minute: 300
Cancels per Minute: 1,000
```

#### Exceeding Limits

**Soft Limit:**

* Warning message
* Temporary throttling
* Resume after cooldown

**Hard Limit:**

* Requests blocked
* 60-second cooldown
* Repeated violations: 24h ban

### Special Fees

#### Liquidation Fees

**Fee: 0.5% of position**

```
Liquidated Position: $10,000
Liquidation Fee: $50

Remaining Margin: Depends on liquidation price
Insurance Fund: Gets remaining (if any)
```

**Avoiding Liquidation:**

* Use lower leverage
* Set stop-losses
* Monitor positions
* Add margin when needed

#### ADL (Auto-Deleveraging) Fees

**Fee: None**

If counterparty liquidates and insurance fund is depleted:

* Your opposing position may be reduced
* No fee charged
* Rare occurrence
* Priority based on profit and leverage

### Fee Discounts and Promotions

#### Referral Program

**Earn:**

* 20% of referred users' trading fees
* Lifetime earnings
* Paid in USDC

**Your Referrals Get:**

* 10% fee discount
* Stacks with tier discounts

**Example:**

```
Referral trades $100K
Fees paid: $60 (0.06% Gold tier)

You earn: $60 × 0.20 = $12
They save: $60 × 0.10 = $6

Total value: $18
```

#### VIP Program

**Qualification:**

* $10M+ monthly volume
* OR $1M+ in VEXAR holdings

**Benefits:**

* Custom fee rates
* Dedicated account manager
* Priority support
* Early access to new features
* Custom API limits

**Contact:**

* Email: vip@<https://vexatrade.com>
* Requirements reviewed monthly

### Cost Calculation Tools

#### Fee Calculator

**Formula:**

```
Total Cost = Trading Fee + Network Fee + Funding (if applicable)

Trading Fee = Position Size × Fee Rate × 2 (open + close)
Network Fee = Chain-specific
Funding = Position Size × Funding Rate × Periods
```

**Example:**

```
Position: $50,000 BTCUSDT Long
Tier: Silver (0.08%)
Hold Time: 3 days (9 funding periods)
Avg Funding: +0.01%

Trading Fees:
- Open: $50,000 × 0.0008 = $40
- Close: $50,000 × 0.0008 = $40
- Subtotal: $80

Funding:
- Per period: $50,000 × 0.0001 = $5
- 9 periods: $5 × 9 = $45

Total Cost: $80 + $45 = $125

Breakeven: +0.25% price move
```

### Summary

#### Key Takeaways

✅ **Competitive Fees**

* As low as 0.02% for high volume
* 30% cashback at Diamond tier

✅ **Transparent Structure**

* No hidden fees
* Clear tier progression
* Real-time volume tracking

✅ **Multiple Discounts**

* Volume-based tiers
* Cashback program
* Referral bonuses

✅ **Choose Right Chain**

* Solana for frequent small trades
* Ethereum for large trades with deep liquidity

### Resources

* Trading Guide
* Perpetual Trading
* Spot Trading
* API Documentation

***

*Next: Security →*


---

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