Trading has more than one price tag: a maker or taker fee on the trade itself, funding that accrues for as long as a position stays open, and slippage that only shows up once the order fills. On a perpetual, funding and fees compound in ways a single trade's fee schedule doesn't capture. These guides cover how Hyperliquid's structure stacks up against a centralized exchange and why slippage counts as a real cost even though no invoice shows it. Check the whole stack, not just the quoted trade fee, before deciding one venue is cheaper than another.
GuideTrading fees are what you pay to execute a trade. Learn the main types — maker fees, taker fees, funding on perpetuals, and on-chain gas — and practical ways to keep your costs down.
GuideLearn how funding rates keep the perp price aligned with spot and understand Dexly low-fee structure.
GuideSlippage is the gap between the price you expect and the price you actually get when an order fills. Learn what causes it, how slippage tolerance works, and practical ways to reduce price impact on your trades.
GuideA perp DEX lets you trade perpetual futures on-chain without handing custody of your funds to an exchange. This guide ranks the best decentralized perpetual exchanges in 2026 by liquidity, fees, order-book design and user experience — with an honest case for why Hyperliquid leads.
GuideA centralized exchange (CEX) holds your funds and matches trades on its own servers; a decentralized exchange (DEX) lets you trade from your own wallet with on-chain settlement. Here is a fair, plain-English comparison of CEX vs DEX in 2026 — custody, KYC, listings, transparency and trade-offs — and where Hyperliquid fits.
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