Please find all the fee settings below. Mind that they are all adjustable by governance.
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%
Want to learn how these fees are redistributed? Take a look at the section below 👇
Funding Cost Level I
AAVE USDC borrowing rate charged on xPOSITIONs only when there is too much fxUSD in the Stability Pool (see )
Funding Cost Level II
AAVE USDC borrowing rate x10 charged on xPOSITIONs only when fxUSD depegs for too long (see )
Funding Cost Level III
AAVE USDC borrowing rate x10 charged on sPOSITIONS only when a certain threshold of xPOSITION collateral is lent out (See )
Rebalance / Liquidation
10% of the bounty (see )
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)
0.8%
fxMINT BTC closing fee (of repaid debt)
0.2%