> For the complete documentation index, see [llms.txt](https://whitepapercrypto.gitbook.io/pex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepapercrypto.gitbook.io/pex/dex/protocol-revenue.md).

# Protocol Revenue

See below for a full breakdown of all fees incurred through the usage of the platform:

* **Position fee for perpetual trading:** x% of position size (open/close)
* **Liquidation fee**: $10
* **Funding Rate**: Traders pay a Funding Rate every 8 hours. The fee is calculated dynamically based on the long & short-position rates
* **Maximum Funding Rate:** x% per hour (at 100% utilization)
* **Mint Fee (PLP & PEX)**: Dynamic