PROPR GUIDE / FEES
Propr fee scheduleA quick look at trading fees.
Entry fees, Hyperliquid maker/taker fees and funding rates in 1 page. Enter your notional value to estimate trading fees.
Key facts
- Taker (Tier 0)
- 0.045% Hyperliquid base rate
- Maker (Tier 0)
- 0.015% Hyperliquid base rate
- Propr markup
- None As stated in the Official Rulebook
- Monthly / withdrawal fees
- None Entry fees and trading costs only
At a glance
What does the Propr fee schedule cover?
Propr trading uses Hyperliquid's standard maker and taker fees, with no additional Propr markup. Hyperliquid's base rates (Tier 0) are 0.045% for takers and 0.015% for makers. Funding payments also occur every 1 hour. There are no monthly or withdrawal fees.
Source: Official Propr Rulebook ↗ · Verified 2026-09-27
Related guidesHow costs affect profit and loss→
The 3 costs on Propr
The Official Rulebook states that costs are limited to the Evaluation entry fee and standard trading costs (trading fees and funding). There are no monthly, inactivity, data, platform or withdrawal fees.
| Cost | When it applies | Impact on loss limits |
|---|---|---|
| Entry fee | When purchasing an Evaluation (one-time payment) | None |
| Trading fees | Each time an order fills | Yes (deducted from balance) |
| Funding rate | Every 1 hour while holding a position | Yes (reflected in Equity) |
Entry fee schedule
Account size is the simulated Evaluation balance. The entry fee is a one-time payment and is non-refundable after account activation.
| Plan | $5K | $10K | $25K | $50K | $100K | $200K |
|---|---|---|---|---|---|---|
| Turbo (1 STEP) | $25 | $50 | $125 | $245 | $450 | $899 |
| Pro (1 STEP) | $45 | $85 | $185 | $355 | $699 | $1,399 |
| Classic (1 STEP) | $60 | $110 | $275 | $495 | $999 | $1,998 |
| Classic (2 STEP) | $50 | $100 | $250 | $450 | $749 | $1,499 |
Maker and taker fees
Propr applies Hyperliquid's standard maker/taker fees without a markup. Hyperliquid has 7 fee tiers based on trading volume over the previous 14 days.
| Tier | 14-day volume | Taker | Maker |
|---|---|---|---|
| Tier 0 | — (initial) | 0.045% | 0.015% |
| Tier 1 | Over $5M | 0.040% | 0.012% |
| Tier 2 | Over $25M | 0.035% | 0.008% |
| Tier 3 | Over $100M | 0.030% | 0.004% |
| Tier 4 | Over $500M | 0.028% | 0.000% |
| Tier 5 | Over $2B | 0.026% | 0.000% |
| Tier 6 | Over $7B | 0.024% | 0.000% |
- Maker rates apply when a limit order placed on the book fills; taker rates apply when filling against existing orders, such as with a market order.
- The Rulebook does not specify which fee tier applies to a Propr account. Check actual fees on the trading screen and in trade history.
- For HIP-3 markets such as equities and indices, the deployer may set an additional fee of 0–300%, so fees may exceed the table above.
Estimate fees
- Taker round trip (0.045% × 2)
- $9.00
- Maker round trip (0.015% × 2)
- $3.00
- One taker leg + one maker leg
- $6.00
An estimate using Tier 0 base rates.
SourcesOfficial Hyperliquid documentation (Fees)↗Official Propr Rulebook↗
Funding rate (Funding)
Perpetual futures use funding payments between longs and shorts to keep prices close to spot. On Hyperliquid, payments occur every 1 hour. Propr automatically credits or debits them and reflects them in Equity.
| Item | Details |
|---|---|
| Payment interval | Every 1 hour |
| Interest component | 0.01% over 8 hours (0.00125% per 1 hour, payable to shorts) |
| Limit | 4% per 1 hour |
| Payment direction | At a positive rate, longs pay and shorts receive |
For example, holding a $10,000 long for 24 hours at 0.00125% per 1 hour costs about $3 ($10,000 × 0.00125% × 24). Rates can change significantly with market conditions, so check the latest rate before trading. You can view current rates in the market list.
SourcesOfficial Hyperliquid documentation (Funding)↗Official Propr Rulebook↗
Glossary
Terms on this page, explained simply.
- Maker / taker
- A maker places a limit order on the order book; a taker fills against an existing order. Their fee rates differ.
- Funding rate (Funding)
- Periodic payments between buyers and sellers that help keep perpetual futures prices close to spot prices. You may receive or pay them.
- Perpetual futures (Perpetual)
- Futures contracts with no expiry. You can trade rising or falling prices, and periodic funding payments apply.
FAQ
FAQ: Propr fee schedule
QWhat are the fees for a $10,000 trade?
AAt Tier 0 taker rates, the estimate is $4.5 per leg or $9 for a round trip. A maker fill costs $1.5 per leg.
QCan Propr maker fees be negative?
AHyperliquid offers maker rebates for high-volume participants, but the Official Propr Rulebook does not specify which tier applies to Propr accounts. Check actual fees in your trade history.
QHow often do funding payments occur?
AEvery 1 hour on Hyperliquid. While holding a position, you receive or pay funding each hour.