Fees

Paradigm fee schedule by clearing venue

Non-US Cleared Products

Deribit

All Block Trades on Deribit via Paradigm will incur a small Paradigm fee subject to the following discounted VIP fee tiers:

Previous Month Volume Contribution
VIP
Fee
Maker
Taker
1
0.0140%
< 5%
< 2.5%
2
0.0125%
≥ 5%
≥ 2.5%
3
0.0110%
≥ 15%
≥ 7.5%
4
0.0090%
≥ 25%
≥ 15%
PRIME
0.0075%
≥ 33%
≥ 20%

Fee tiers are calculated based on a user's previous month’s trading volume, calculated in normalized BTC equivalent, relative to that month’s total volume for all Deribit products.

Fees will apply to both Maker and Taker sides of the transaction. If a user qualifies as both a Maker and a Taker, the most favorable fee tier will apply.

Fee rate per leg will never be more than 7.5% of the option premium. For example, if a trader is VIP Level 1 and trades an option at 0.0001 BTC, their fee will be 0.0000075 BTC (instead of 0.000140 BTC), thus 7.5% of 0.0001 BTC.

Fees will apply to both BTC and ETH products.

Paradigm fees will be displayed in your transaction log on Deribit in the Fee Paid column (in brackets under Deribit fees).