# Fees

Please find all the fee settings below. Mind that they are all adjustable by governance.<br>

| Fee                                                                      | Setting                                                                                                                                                                                                                                                                            |
| ------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| ETH xPOSITION Opening fee                                                | 0.3%                                                                                                                                                                                                                                                                               |
| ETH xPOSITION Closing fee                                                | 0.1%                                                                                                                                                                                                                                                                               |
| BTC xPOSITION Opening fee                                                | 0.3%                                                                                                                                                                                                                                                                               |
| BTC xPOSITION Closing fee                                                | 0.1%                                                                                                                                                                                                                                                                               |
| Funding Cost Level I                                                     | AAVE USDC borrowing rate charged on xPOSITIONs only when there is only fxUSD in the Stability Pool (see [advanced-peg-protection-mechanisms](https://fxprotocol.gitbook.io/fx-docs/~/revisions/Wpl1julkDf1PvNqWY78W/risk-management/advanced-peg-protection-mechanisms "mention")) |
| Funding Cost Level II                                                    | AAVE USDC borrowing rate x10 charged on xPOSITIONs only when fxUSD depegs (see [advanced-peg-protection-mechanisms](https://fxprotocol.gitbook.io/fx-docs/~/revisions/Wpl1julkDf1PvNqWY78W/risk-management/advanced-peg-protection-mechanisms "mention"))                          |
| 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](https://fxprotocol.gitbook.io/fx-docs/~/revisions/Wpl1julkDf1PvNqWY78W/risk-management/risk-parameters "mention"))                     |
| Rebalance / Liquidation                                                  | 10% of the bounty (see [risk-parameters](https://fxprotocol.gitbook.io/fx-docs/~/revisions/Wpl1julkDf1PvNqWY78W/risk-management/risk-parameters "mention"))                                                                                                                        |
| 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%                                                                                                                                                                                                                                                                                 |

Want to learn how these fees are redistributed? Take a look at the section below 👇<br>

{% content-ref url="../earn-with-f-x/protocol-revenue-and-distribution" %}
[protocol-revenue-and-distribution](https://fxprotocol.gitbook.io/fx-docs/~/revisions/Wpl1julkDf1PvNqWY78W/earn-with-f-x/protocol-revenue-and-distribution)
{% endcontent-ref %}