Tradeify Perps charges two trading costs: a commission on each fill and a flat swap on open positions every hour. Both are a percentage of notional value. There are no funding rates. This page sets out the rates, how they are calculated and some worked examples. The rates on this page are part of your agreement with us, and the ones in effect at the time you trade apply to that trading.
Commissions
Commissions are fixed. A commission is charged on each fill, on entry and on exit, as a percentage of the fill's notional value. Maker and taker fills pay the same rate. "Per side" means the rate is charged on entry and again on exit.
Market | Evaluations and funded accounts | Live accounts |
Crypto | 0.045% per side | 0.06% per side |
Indices, commodities and stocks | 0.02% per side | 0.06% per side |
Swap
Open positions pay a flat swap, charged every hour on both long and short positions. It's a fixed fee, not a funding rate.
Market | Swap per day | Charged per hour |
Crypto | 0.03% | 0.00125% |
Stocks, indices and commodities | 0.015% | 0.000625% |
The "per day" figure is the hourly charge over 24 hours. Swap is charged every hour. Part-hours aren't charged.
How costs are calculated
Commission: the rate multiplied by the notional value of the fill. Notional value is the size multiplied by the price.
Swap: the hourly rate multiplied by the notional value of the open position, using the current price.
Swap is the same on evaluations, funded accounts and Live accounts. Live accounts pay the Live commission rate shown above. The rates that apply to your account are shown in the platform.
Worked examples
These examples assume the price doesn't change while the position is open, unless stated, and that positions are held for whole hours.
Crypto commission. You open a BTC long with a notional value of $20,000: 0.045% × $20,000 = $9.00. You close it when its notional value is $20,400: 0.045% × $20,400 = $9.18. Total commission: $18.18.
Gold commission. You open a Gold position with a notional value of $10,000: 0.02% × $10,000 = $2.00. You close it at the same price for another $2.00. Total commission: $4.00.
Commission on a Live account. On your Live account, you open and close an SP500 position with a notional value of $50,000: 0.06% × $50,000 = $30.00 each time. Total commission: $60.00.
Crypto swap. You hold a BTC position with a notional value of $20,000 for 8 hours. Each hour: 0.00125% × $20,000 = $0.25. Total swap: $2.00. Long and short positions pay the same.
Index swap. You hold an SP500 position with a notional value of $10,000 for 24 hours. Each hour: 0.000625% × $10,000 = $0.0625. Total swap: $1.50, which is 0.015% of $10,000.
Changes to this page
We may change commission and swap rates at any time. The rates in effect at the time you trade apply to that trading.