> For the complete documentation index, see [llms.txt](https://docs.mmex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mmex.io/for-traders/start-trading/fees-and-pricing.md).

# Fees & Pricing

### S**wap**

The swap fee varies from 0.01%\~0.1% depending on the proportion of the assets pool and which assets you want to swap.

### **Open/Close Position**

The opening and closing fees are determined by the risk level of the token (risk level depends on its market value and liquidity). For details, please refer to

{% content-ref url="/pages/LzFOpH9hCCRvt9hEDgFl" %}
[Assets/Pairs](/for-traders/start-trading/assets-pairs.md)
{% endcontent-ref %}

### Liquidation Execution Fee

The cost for liquidation execution is 1% of the position size.

Keepers: Free until further notice

### **Reserving Fee**

Charge per hour：(assets borrowed) / (total assets in pool) \* 0.01%.

### Funding Fee

Charge or subsidy per hour： Position size \* Funding rate

## Pricing

Oracle price feed provided by [Pyth](https://pyth.network/)