> For the complete documentation index, see [llms.txt](https://fxprotocol.gitbook.io/fx-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fxprotocol.gitbook.io/fx-docs/f-x-protocol-mechanisms/fees.md).
# Fees
Please find all the fee settings below. Mind that they are all adjustable by governance.
| Fee | Setting |
| ------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| ETH xPOSITION and sPOSITION Opening fee | 0.3% |
| ETH xPOSITION and sPOSITION Closing fee | 0.1% |
| BTC xPOSITION and sPOSITION Opening fee | 0.3% |
| BTC xPOSITION and sPOSITION Closing fee | 0.1% |
| Funding Cost Level I | AAVE USDC borrowing rate charged on xPOSITIONs only when there is too much fxUSD in the Stability Pool (see [Advanced Peg Protection Mechanisms](/fx-docs/risk-management/advanced-peg-protection-mechanisms.md)) |
| Funding Cost Level II | AAVE USDC borrowing rate x10 charged on xPOSITIONs only when fxUSD depegs for too long (see [Advanced Peg Protection Mechanisms](/fx-docs/risk-management/advanced-peg-protection-mechanisms.md)) |
| Funding Cost Level III | AAVE USDC borrowing rate x10 charged on sPOSITIONS only when a certain threshold of xPOSITION collateral is lent out (See [Risk parameters](/fx-docs/risk-management/risk-parameters.md)) |
| Rebalance / Liquidation | 10% of the bounty (see [Risk parameters](/fx-docs/risk-management/risk-parameters.md)) |
| Unused slippage | f(x) offers the lowest trading commissions. To compensate for this, any unused slippage will be retained to incentivize stablecoin supply in the Stability Pool. You can set your own slippage. |
| Collateral Yield / Funding / fxSAVE harvesting bounty (keeper incentive) | 1% (0.01% for fxSAVE currently) |
| Stability Pool early exit fee | 1% |
| fxMINT ETH opening fee (of minted debt) | 0.5% |
| fxMINT ETH closing fee (of repaid debt) | 0.2% |
| fxMINT BTC opening fee (of minted debt) | 0.5% |
| fxMINT BTC closing fee (of repaid debt) | 0.2% |
Want to learn how these fees are redistributed? Take a look at the section below 👇
{% content-ref url="/pages/618YG33YWIhorhBN8YC3" %}
[Protocol Revenue & Distribution](/fx-docs/earn-with-f-x/protocol-revenue-and-distribution.md)
{% endcontent-ref %}
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