# Fees

{% hint style="info" %}
Note that Kwenta charges no additional fees for any of the tooling (advanced orders included) it provides outside of the required fees charged by our liquidity provider.
{% endhint %}

Kwenta is built upon the Synthetix Protocol. In order to enable the exchange of synthetic assets, an exchange fee is charged by Synthetix, whose fees are sent to the fee pool for Synthetix (SNX) stakers.

### Synthetix Fees

**Keeper deposit:** Dynamic fee given to the keeper bots to execute the trade. Before implementing the dynamic gas fee module, keepers were paid a flat fee for executing off-chain perps orders. 

However, this flat fee system proved inadequate in covering gas costs for order execution and couldn't properly incentivize community keepers, as gas costs often exceeded the rewards earned from order execution.

The dynamic gas fee module is designed to adjust the minKeeperFee within bounds set by governance, allowing the system to adapt to varying gas prices and ensuring a decentralized network of keepers remains cost-effective.

#### **The Benefits of the Dynamic Gas Fee Module** <a href="#the-benefits-of-the-dynamic-gas-fee-module" id="the-benefits-of-the-dynamic-gas-fee-module"></a>

1. Ensuring keepers are fairly rewarded for order execution, encouraging more users to run their own keepers.
2. Making the keeper system more resilient to fluctuating gas prices
3. Enhancing decentralization within the Perps ecosystem, contributing to network stability and reliability.

[**Maker/Taker:**](/using-kwenta/perpetual-futures/maker-takers-on-kwenta.md) Maker & Taker fees may vary depending on a selected market. The most current fees are prominently displayed within the Kwenta trading platform.

{% hint style="info" %}
Basis Points (BPS) are a unit of measurement equal to 1/100th of 1 percent commonly used in financial markets. Find actual exchange fees within [Kwenta](https://kwenta.eth.limo/market/?accountType=isolated_margin\&asset=sETH).
{% endhint %}

| Percentage | .bps   |
| ---------- | ------ |
| 0.02%      | 2 bps  |
| 0.10%      | 10 bps |

{% hint style="danger" %}
All fees are charged against the notional position size during order execution, and up-to-date fees can are always displayed in the order entry panel. Fees are only charged when the trade successfully executes.
{% endhint %}

<figure><img src="/files/Nl3zx9BQ8i0TvgpHwBwa" alt=""><figcaption></figcaption></figure>


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