Fees
Every fee on Ritdex — perps builder fee, swap fee, the coming-soon custodial performance fee, funding, and deposits/withdrawals. Transparent, on-chain, no hidden spread.
Ritdex charges no spread and runs no hidden fee schedule. You trade directly against Hyperliquid's on-chain order book, and Ritdex earns a small, transparent builder fee on top as the front-end/integration layer. Swaps follow a similar model through the swap aggregator. Everything below is the complete list — there are no other charges.
What you actually pay
| Activity | Ritdex fee | Notes |
|---|---|---|
| Perps trade | 0.025% of notional (0.045% on an IB-network account) | Charged per fill, on top of Hyperliquid's own protocol trading fee |
| Swap (cross-chain / cross-asset) | 1.5% of swap volume | Includes routing across 400+ liquidity sources |
| Copy Trade / Bot (your own wallet) | Just the perps builder fee above | Copied & bot trades are normal perps fills — no extra charge |
| Custodial performance fee | 10% of winning-trade profit — coming soon | High-water mark · no win, no fee · custodial mode only |
| Deposit / Withdrawal | None | You pay only the blockchain's own gas; Ritdex takes nothing |
| Funding | None (not a Ritdex fee) | Hyperliquid's peer-to-peer funding, paid between traders — see below |
Every commission and reward described across these docs is a share of the fee Ritdex actually collects — never a percentage of your balance or PnL, and never an extra charge added on top of what you already pay.
Perps builder fee
Ritdex is registered as a builder on Hyperliquid. When you enable trading, you approve the Ritdex builder once (a single wallet signature) — after that, a small builder fee is attached to each of your fills and routed to Ritdex automatically. Nothing is deducted from your balance separately; it is part of the standard fill.
| Account type | Builder fee (of notional) |
|---|---|
| Standard account | 0.025% |
| Account referred through the IB Agency network | 0.045% |
The 0.02% difference between the two rates is the budget Ritdex uses to pay direct commission + a two-tier override to IB Agency partners — Ritdex still keeps more than the standard 0.025% baseline in every scenario. See IB Agency Policy for the full breakdown.
The builder fee is on top of Hyperliquid's own protocol maker/taker fee (set by Hyperliquid, volume-tiered, paid to the protocol — not to Ritdex). Ritdex never marks up or hides Hyperliquid's fee; the builder fee is the only part that goes to Ritdex.
Swap fee
| Action | Fee |
|---|---|
| Cross-chain / cross-asset swap | 1.5% of swap volume |
The swap fee covers routing your trade across 400+ DEXs and bridges to find the best execution. It funds the individual Referral Program commission tiers (10–25%) and is not shared with IB Agency partners — see Partners & IB Program Overview for why the two programs are kept separate.
Copy Trade & Bot fees
Today, Copy Trade and the Ritchi / Pulse indicator bots run from your own connected wallet. The trades they place are ordinary perps fills, so they carry the standard builder fee (0.025% / 0.045%) and nothing extra — no subscription, no separate copy fee.
A custodial mode is planned: bots and copy strategies run hands-off on a segregated sub-account, and Ritdex charges a 10% performance fee:
- Charged only on winning trades, measured against a high-water mark — you are billed on new profit above your previous peak, never on the same gains twice.
- No win, no fee. A losing or flat period costs nothing.
- Applies to the custodial mode only — the current bring-your-own-wallet mode is unaffected.
The custodial performance fee is coming soon and is not active yet. When it launches it will be shown clearly before you opt in.
Funding rate (not a Ritdex fee)
Perpetual futures use a funding rate to keep the perp price tied to the underlying. It is a peer-to-peer payment settled by Hyperliquid roughly every hour between longs and shorts — when funding is positive, longs pay shorts, and vice-versa.
Funding is not a Ritdex fee and not a Hyperliquid protocol fee — it flows directly between traders. Ritdex takes no cut of it. You can see the live rate and countdown in the market header on the Perps page.
Deposits & withdrawals
Ritdex charges nothing to move funds in or out. Your USDC lives in your own wallet (self-custodial) — you pay only the blockchain's own gas for the transaction (for example, an Arbitrum transfer costs a fraction of a cent). Reward claims are the same: you sign an on-chain claim and receive USDC on Arbitrum One, with no Ritdex withdrawal fee.
How fees fund the reward programs
Every reward Ritdex pays — Referral commission, IB direct + override, client rebates, and Loyalty milestones — is funded entirely from the fees above, never from a trader's money and never from Ritdex fronting cash:
- Perps builder fee → funds the IB Agency program (direct + override) and the Loyalty milestone rewards.
- Swap fee → funds the individual Referral Program tiers.
- The reward budget is always a fraction of the fee actually collected, so Ritdex keeps a positive margin on every transaction. See the Program Overview.
Reference math
Per $1,000,000 of trading volume:
| Source | Fee rate | Ritdex collects |
|---|---|---|
| Perps — standard builder fee | 0.025% | $250 |
| Perps — IB-network builder fee | 0.045% | $450 |
| Swap | 1.5% | $15,000 |
Swap fees are proportionally much larger per dollar of volume than perps builder fees — this is why the Referral Program (which shares in swap fees) and the IB Agency Program (which shares only in the larger perps notional at scale) are structured differently.
A single perps fill example: a $10,000 position on a standard account generates $2.50 in builder fee (0.025%); on an IB-network account it is $4.50 (0.045%) — the extra $2 is what funds that network's partner commissions.