Optivi applies a simple fee structure depending on whether an order is placed as a maker or taker.
Taker base fee: $0.75 per order (includes Optivi’s $0.25 broker fee)
Taker fee: 0.04% of notional value (includes Optivi’s 0.01% broker fee)
Maker fee: 0.01% of notional value
Formula: $0.75 + min(notional × 0.04%, premium × 12.5%)
When opening an options position, the fee is calculated as:
$0.75 base fee
plus the lower of:
0.04% of notional value, or
12.5% of option premium
Example:
Alice buys 2 ETH $2,500 puts, oracle spot = $2,800, total premium = $240:
fee = $0.75 + min(2 × $2,800 × 0.04%, $240 × 12.5%) = $0.75 + min($2.24, $30.00) = $2.99
Formula: min(notional × 0.01%, premium × 12.5%)
When closing an options position before expiry (placing limit order to sell), the fee is calculated as the lower of:
0.01% of notional value, or
12.5% of option premium
Example:
Bob closes 1 ETH put before expiry, oracle spot = $3,000, premium = $90:
fee = min($3,000 × 0.01%, $90 × 12.5%) = min($0.30, $11.25) = $0.30
Last updated
