Hyperliquid copy trading fees and costs
Understand Hyperliquid trading and funding costs, the Perpex builder fee that applies to your own and copied orders, and the price differences that can affect copied trades.
Hyperliquid trading fees and any applicable funding or network costs are set by the underlying venue. Perpex orders may also include a builder fee, subject to approval shown in the app before trading.
Perpex's own fee is the Hyperliquid builder fee. Orders you place and orders copied for you through Perpex carry the same builder fee; there is no additional profit-share or performance fee on copy trading. That does not make total trading cost zero: Hyperliquid trading fees and funding still apply.
Actual fees can vary by market, order, account and time. The rates below are default settings and venue references, not a quote for every order. Review the live fee and approval details in the product before signing.
Cost components
| Component | Rate and how it is set | Set by | Last verified |
|---|---|---|---|
| Hyperliquid trading fee | Maker and taker rates published by Hyperliquid. They depend on your fee tier and can change. | Hyperliquid | |
| Funding | Periodic payments between long and short positions on perpetual markets, exchanged every hour. You pay or receive depending on your side and the current rate. | Hyperliquid (market-driven) | |
| Perpex builder fee | 0.10% of eligible filled notional under the current setting, including copied orders. This is Perpex’s only fee. Hyperliquid builder fees apply to both sides of perpetual trades and only the selling side of spot trades, not unfilled or canceled order quantities. Your wallet’s approval request shows the maximum rate before you sign. | Perpex, capped by your approval | |
| Network and bridge costs | Deposits from Arbitrum need network gas, and Hyperliquid's bridge does not credit deposits below 5 USDC. Withdrawals can carry a separate Hyperliquid withdrawal fee. | Arbitrum and Hyperliquid |
How builder fee approval works
Before your first order, the app asks you to sign a Hyperliquid builder fee approval with your wallet. The signature request contains the maximum rate. Hyperliquid does not let an interface charge more than the maximum you approved.
The builder fee is charged by Hyperliquid on eligible fills and is separate from Hyperliquid’s own trading fee. If the Perpex rate is raised above the maximum you approved, the app asks for a new approval before orders can use the higher rate.
Worked example
Illustration with the current setting: an eligible fill with $1,000.00 notional carries a builder fee of $1.00 (0.10%), in addition to the Hyperliquid trading fee for your tier and any funding while the position is open. An eligible copied fill of the same size carries the same builder fee.
Frequently asked questions
Does Perpex charge a fee on trades?
Yes, through the builder fee only. Under the current setting it is 0.10% of eligible filled notional, and your wallet’s approval request shows the maximum rate before you sign on Hyperliquid.
Is there a fee for copy trading?
Eligible copied fills carry the same builder fee as fills of your own orders. There is no additional profit-share or performance fee. Hyperliquid trading fees and funding still apply.
Who sets Hyperliquid trading fees and funding?
Hyperliquid. Trading fees depend on your fee tier, and funding is driven by the market. Check the official Hyperliquid documentation for current schedules.
Can these fees change?
Yes. Venue fees, funding and Perpex settings can change. The values on this page were last verified on the date shown in the table; the details in the app and in your wallet's signature request take precedence.