Deribit vs Hyperliquid: fees compared
Every fee that costs you money on Deribit and Hyperliquid, side by side — trading fees at each VIP tier, withdrawal fees coin by coin, deposits and fiat. Sourced from each exchange’s own fee pages.
DeribitExchange
HyperliquidExchangeThe short answer
- Deribit charges 0–0.05% on spot / swap taker orders versus 0.07% on Hyperliquid.
- On futures, Deribit is cheaper for takers (0.035% vs 0.045%).
- Hyperliquid has the cheaper withdrawal fee on 1 of the 1 coins both exchanges list.
- Hyperliquid publishes the deeper VIP ladder (7 tiers), so high-volume traders can push fees lower there.
Head-to-head
| Fee | Deribit | Hyperliquid |
|---|---|---|
| Trading fees | ||
| Spot / swap maker | 0–0.02%cheaper | 0.04% |
| Spot / swap taker | 0–0.05%cheaper | 0.07% |
| Futures maker | 0.015% | 0.015% |
| Futures taker | 0.035%cheaper | 0.045% |
| Lowest spot taker (top VIP tier) | 0%cheaperRegular | 0.025%Tier 6 |
| Fee tiers published | 1Spot trading | 7moreSpot trading |
| Fee discount with exchange token | — | — |
| Withdrawals & deposits | ||
| Coins you can withdraw | 50moresynced 2026-08-29 00:53 UTC | 1synced 2026-08-29 00:53 UTC |
| Median withdrawal fee (coins on both) | $5.00across 1 coins | $1.00cheaperacross 1 coins |
| Cheaper withdrawal on… | 0 coins | 1 coinsmore |
| Crypto deposit fee | — | — |
| Exchange profile | ||
| Volume 24h (spot + derivatives) | $1.34BOI $2.48B | $12.16BmoreOI $6.75B |
| Markets | Spot, Derivatives | DEX, Derivatives |
| Fiat currencies | — | — |
“Cheaper” marks the better number on that row only. A dash means we have not verified that fee for the exchange yet — it is not a claim that the fee is zero.
What would you actually pay?
- Trading (Regular · 0% / 0%)
- $0.00
- Withdrawals (4× USDC · Arbitrum One · $5.00 each)
- $20.00
- Trading (Regular · 0.04% / 0.07%)
- $550.00
- Withdrawals (4× USDC · Arbitrum One (native) · $1.00 each)
- $4.00
At $1M of monthly spot volume (50% maker) plus 4 USDC withdrawals, Deribit costs $534.00 less per month — $6,407.96 a year.
Estimate only: it applies each exchange’s published VIP ladder for the market you picked, ignores token-payment discounts, referral rebates and promotional zero-fee pairs, and assumes every withdrawal uses the cheapest network above. Negative fees are maker rebates.
Spot fee tiers side by side
DeribitSpot trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0–0.02% | 0–0.05% |
Source: Deribit fee schedule ↗ · verified 2026-08-28
HyperliquidSpot trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0.04% | 0.07% |
| Tier 1 | $5.00M | 0.03% | 0.06% |
| Tier 2 | $25.00M | 0.02% | 0.05% |
| Tier 3 | $100.00M | 0.01% | 0.04% |
| Tier 4 | $500.00M | 0% | 0.035% |
| Tier 5 | $2.00B | 0% | 0.03% |
| Tier 6 | $7.00B | 0% | 0.025% |
Source: Hyperliquid fee schedule ↗ · verified 2026-08-28
Futures fee tiers side by side
DeribitFutures trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0.015% | 0.035% |
Source: Deribit fee schedule ↗ · verified 2026-08-28
HyperliquidFutures trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0.015% | 0.045% |
| Tier 1 | $5.00M | 0.012% | 0.04% |
| Tier 2 | $25.00M | 0.008% | 0.035% |
| Tier 3 | $100.00M | 0.004% | 0.03% |
| Tier 4 | $500.00M | 0% | 0.028% |
| Tier 5 | $2.00B | 0% | 0.026% |
| Tier 6 | $7.00B | 0% | 0.024% |
Source: Hyperliquid fee schedule ↗ · verified 2026-08-28
Withdrawal fees, coin by coin1 coin on both
| Coin | Deribit | Hyperliquid | Cheaper |
|---|---|---|---|
 USDCUSDC | 5 USDC$5.00 · Arbitrum One +6 | 1 USDC$1.00 · Arbitrum One (native) | Hyperliquidsaves $4.00 |
Showing 1–1 of 1 coins
Deribit vs Hyperliquid — FAQ
Is Deribit or Hyperliquid cheaper?
Deribit charges 0–0.05% on spot / swap taker orders versus 0.07% on Hyperliquid. On futures, Deribit is cheaper for takers (0.035% vs 0.045%). Hyperliquid has the cheaper withdrawal fee on 1 of the 1 coins both exchanges list. Hyperliquid publishes the deeper VIP ladder (7 tiers), so high-volume traders can push fees lower there.
Which has lower trading fees, Deribit or Hyperliquid?
Deribit charges 0–0.05% taker / 0–0.02% maker on spot and 0.035% taker on futures at the entry tier. Hyperliquid charges 0.07% taker / 0.04% maker on spot and 0.045% taker on futures. Across the metrics we compare, Deribit wins more of them. Both drop as your 30-day volume grows — use the calculator above to price your own volume.
Which is cheaper for withdrawals, Deribit or Hyperliquid?
Of the 1 coin both exchanges let you withdraw, Deribit is cheaper on 0, Hyperliquid on 1. The median withdrawal fee on that shared basket is $5.00 on Deribit versus $1.00 on Hyperliquid. Hyperliquid is the cheaper default, but the winner changes coin by coin — check the coin you actually withdraw.
How can I pay lower fees on Deribit or Hyperliquid?
Both exchanges also cut maker/taker rates as your 30-day volume rises — Deribit publishes 1 tier and Hyperliquid publishes 7 tiers. Choosing the cheapest withdrawal network matters just as much: on many coins the gap between networks is larger than the gap between exchanges.
Are these Deribit and Hyperliquid fees up to date?
Trading fees are hand-curated from each exchange's official fee schedule and carry the date we last verified them (2026-08-28 for Deribit, 2026-08-28 for Hyperliquid). Withdrawal fees are synced from each exchange's own API or fee page (last sync 2026-08-29 00:53 UTC for Deribit, 2026-08-29 00:53 UTC for Hyperliquid). USD amounts are recomputed at the live coin price.
Other comparisons
Trading and other fee numbers are hand-curated from each exchange’s official fee pages (linked next to every tier table) and carry the date we last verified them. Withdrawal fees are synced from each exchange’s own API or fee page; USD amounts are computed at the current live coin price, so they move with the market. Rates exclude referral rebates, promotional zero-fee pairs and regional pricing. Full detail per exchange: Deribit fees · Hyperliquid fees.