Hyperliquid vs Coinbase fees
Hyperliquid charges 0.015% maker and 0.045% taker on perpetual futures. Coinbase charges 0.000% maker and 0.030% taker. The tables below compare their published entry-tier fees, live BTC funding when available, and example monthly costs. Your result can change with volume, order mix, and discounts.
Fee comparison
| Perps maker | 0.015% | 0.000% |
| Perps taker | 0.045% | 0.030% |
| Spot maker | 0.040% | 0.600% |
| Spot taker | 0.070% | 1.200% |
Rates shown are published base-tier estimates and may change, so always confirm on the exchange. Maker = limit orders that add liquidity (cheaper); taker = market orders that remove it.
Which is cheaper?
At $100k in monthly volume with an even maker/taker split, Coinbase costs $15.00/month, about $15.00 less on perpetual futures. On spot, Hyperliquid costs $55.00/month, about $845 less. These examples use published entry-tier rates before funding, volume tiers, maker rebates, and native-token discounts.
Monthly cost examples
| Profile | Hyperliquid | Coinbase | Difference |
|---|---|---|---|
| Perps · $25k/month · 25% maker | $9.38 | $5.63 | $3.75 |
| Perps · $250k/month · 50% maker | $75.00 | $37.50 | $37.50 |
| Spot · $25k/month · 50% maker | $13.75 | $225 | $211 |
Those $25k and $250k cases are ranked across every venue on the $25k/month and $250k/month profiles.
Trading-fee estimates only. Perpetual-futures funding, spread, slippage, and withdrawal costs are separate.
Official fee sources
Fee schedules can vary by product, region, promotion, and account tier. Check the exchange page before placing a trade.
Want the full picture on either venue? See Hyperliquid fees and Coinbase fees.
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FAQ
Is Hyperliquid cheaper than Coinbase?
On base-tier perpetual futures, Coinbase has the lower taker fee (0.045% vs 0.030%). On spot, Hyperliquid has the lower taker fee (0.070% vs 1.200%). Your actual cheapest venue depends on your monthly volume and maker/taker mix, so check it in the calculator.
What are Hyperliquid's trading fees?
Hyperliquid charges roughly 0.015% maker / 0.045% taker on perps and 0.040% maker / 0.070% taker on spot at the entry tier.
What are Coinbase's trading fees?
Coinbase charges roughly 0.000% maker / 0.030% taker on perps and 0.600% maker / 1.200% taker on spot at the entry tier.