> For the complete documentation index, see [llms.txt](https://help.margex.com/help-center/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.margex.com/help-center/margex/trading-conditions/margex-fees.md).

# Trade Fees and Funding

There are 2 types of fees when trading: **Trade Fee** incurred when a trader’s order is executed, and **Funding** (financing) incurred when a position is carried into a new funding period.<br>

## **Trade fee**

When an order is executed on the market it will be charged a trade fee depending on the [Order Type](/help-center/leverage-trading-guide/orders-positions/order-types.md) used:<br>

<table data-full-width="false"><thead><tr><th align="center">Taker Fee (Market Orders)</th><th align="center">Maker Fee (Limit Orders)</th></tr></thead><tbody><tr><td align="center">0.060%</td><td align="center">0.019%</td></tr></tbody></table>

\
**Maker Fee** is charged when adding liquidity to the order book by placing a delayed order that is not matched immediately against an order on the order book: i.e [Limit orders](/help-center/leverage-trading-guide/orders-positions/order-types.md#limit-order) placed below the current price for a BUY order or above the current price for a SELL order. This includes conditional [Take Profit](/help-center/leverage-trading-guide/orders-positions/order-types.md#stop-loss-and-take-profit) orders.

**Taker fee** is charged when removing liquidity from the order book by placing an order that is matched immediately against an order already on the order book: i.e [Market orders](/help-center/leverage-trading-guide/orders-positions/order-types.md#market-order) or conditional orders that convert to a market order when executed, such as a [Stop-Market](/help-center/leverage-trading-guide/orders-positions/order-types.md#stop-market-order) and [Stop Loss](/help-center/leverage-trading-guide/orders-positions/order-types.md#stop-loss-and-take-profit).

> A trade fee is incurred anytime that a trader’s order is executed on the market, i.e. when **opening** and when **closing** a position.

## **Funding**

**Funding** (financing) is incurred anytime that a position is carried into a new **8-hour funding period** - past 00:00, 08:00 and 16:00 UTC. A position that is closed before the next funding rollover will not be charged.

{% hint style="info" %}
Estimated Funding Rates:\
\
\- Longs: -0.12%\
\- Shorts: -0.12%

**Actual funding rates incurred may vary depending on your order size, total market exposure, market volatility and the ratio of Longs/Shorts.**\
\
Fees and funding are always calculated based on the full order size.
{% endhint %}

The **funding countdown timer** is reflected on the [Trade](https://margex.com/app/trade) page, above the trading chart. Once the timer reaches 00:00, funding will be incurred for any open position and a new funding period will begin:

<figure><img src="/files/qUKwMp8F4wADvDeEAW5x" alt=""><figcaption></figcaption></figure>