Funding Rates and Fees
Learn how funding rates keep the perp price aligned with spot and understand Dexly low-fee structure.
Key takeaways
- Because perpetuals have no expiry, funding rates keep the perp price aligned with spot: when the perp trades above spot longs pay shorts, and below spot shorts pay longs.
- On Hyperliquid and Dexly funding is calculated continuously and applied every hour, and it is a peer-to-peer payment between traders that Dexly takes no cut of.
- Trading fees follow the Hyperliquid model at about 0.01% for makers placing limit orders and 0.035% for takers placing market orders.
- Dexly charges no extra deposit or withdrawal fees beyond standard Arbitrum and Hyperliquid L1 bridge gas, and you can review all fees and funding under Account > History.
Understanding Funding Rates
Because perpetuals don't have an expiry date, funding rates are used to ensure the price stays close to the actual "Spot" price of the asset.
How it Works
Funding Arbitrage
Funding rates aren't just a cost; for some, they are a revenue stream. Funding arbitrage is a popular strategy used by professional traders on Dexly.
Strategy Tip
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Trading Fee Structure
Dexly inherits the Hyperliquid fee model—built for high-volume traders who value transparency.
Maker Fee (Limit Orders)
You provide liquidity to the orderbook by placing limit orders that aren't filled immediately.
Taker Fee (Market Orders)
You take liquidity from the orderbook by placing orders that are filled immediately.
Slippage and Spread
Spread is the difference between the highest buy order and lowest sell order. Dexly order book is highly liquid, meaning tight spreads even for large positions.
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Risk Warning: Trading perpetual futures involves significant risk of loss. Only trade with capital you can afford to lose. Dexly is a non-custodial interface; you are responsible for your own funds and trading decisions.
Frequently Asked Questions
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