The trading fee
You pay a trading fee each time an order fills, whether you are opening or closing a position. The fee is calculated on your full position size, not just your margin.
The trading fee has two parts, shown together as one amount:
The fee charged by the trading venue. This fee differs based on the asset you are trading:
For crypto pairs, the fee is set by Hyperliquid, the trading venue that powers perps on Cronos app. The fee charged by Hyperliquid may vary. See the Hyperliquid fees documentation.
For stock and commodity pairs, the fee is set by trade.xyz. The fee charged by trade.xyz may vary. See the trade.xyz fees documentation.
A 0.05% Cronos app fee, which is the same for all assets.
The exact fee for your order is always shown before you confirm, and you can review fees you have paid in your perps transaction history.
Funding payments are not a fee
If you hold a position, you will see small hourly funding payments. These are not fees, and Cronos app does not receive them. They are payments exchanged between traders, and depending on market conditions you either pay or receive them. Read more in What is the funding rate.
Moving funds is free
There is no fee for moving USDC between your spot/predictions funds and your perps funds, in either direction.
Questions
Where can I see the fees I have paid?
Each order shows its fee before you confirm. After that, your perps transaction history shows the fees on every filled order.
Why am I seeing a transfer fee when moving funds?
Moving funds is normally free. A small transfer fee only applies if you make a very large number of transfers within a short time. It is shown before you confirm, and normal use will not trigger it.
Do I pay a fee to keep a position open, or if it is liquidated?
There is no fee for keeping a position open, although open positions pay or receive hourly funding payments, which can add up over time. See What is the funding rate. There is also no separate fee if your position is liquidated. The most you can lose in a liquidation is the margin you committed to that position. See What is liquidation.
Does the trading fee change with leverage?
The fee rate stays the same, but the fee is charged on your full position size. Higher leverage means a larger position from the same margin, so the fee amount is larger too.