> For the complete documentation index, see [llms.txt](https://docs.aark.digital/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aark.digital/about/1000x-mode/fee-structure/listing-event-fee-structure.md).

# Listing Event Fee Structure

#### <mark style="color:purple;">**Overview**</mark>

Aark's **Listing Events,** special trading windows for **newly listed, higher-volatility pairs**.\
Because these pairs can move faster and wider than normal markets, we apply a different open fee during the event period to support additional **operational overhead** and **risk management** required for high leverage trading.

***

#### &#x20;<mark style="color:purple;">**Listing Event Open Fee**</mark>

For **Listing Event pairs**, the **Open Fee** is:

* **Open Fee (Listing Event pairs): 0.04%** per position
  * This is **comparable to Hyperliquid’s perp taker fee range** (often shown around \~0.045% at the base tier, with lower tiers reaching \~0.04% depending on volume/tiers).
* This fee is applied when opening a position on eligible Listing Event markets.

***

#### <mark style="color:purple;">**fUSDC Discount Still Applies**</mark>

Don’t forget: **fUSDC reduces the open fee by 50%**.

* **Effective Open Fee with fUSDC (Listing Event pairs): 0.02%**\
  Using fUSDC helps lower your real-cost entry fees, keeping high-volatility opportunities more cost-efficient.

(See the **fUSDC** page for details.)

***

#### <mark style="color:purple;">**Other Fees**</mark>

Unless explicitly stated on the event card, **all other fees follow the standard fee structure**:

* **Execution Fee:** A flat **$0.6** execution fee is applied to open a position.
* **Close Fee:** **20% of positive PnL** is applied only when closing a profitable trade.\
  If the trade results in a loss, **no close fee** is charged.
* **Liquidity Penalty (Liquidation Fee):** **0.01%–0.02% of volume**, based on leverage and MMR, when a position gets liquidated.

***

#### <mark style="color:purple;">**Example: Listing Event Open Fee in Action**</mark>

**Scenario:** $100,000 position opened on a Listing Event pair.

* **Standard Listing Event Open Fee (0.04%)** → **$40**
* **With fUSDC (50% reduction)** → **$20 effective open fee**

***

{% hint style="success" %}

#### Summary

* **Listing Event Open Fee:** **0.04%** per position
* **Listing Event Open Fee with fUSDC:** **0.02% effective** (50% reduction)
* **Execution Fee:** **$0.6** to open a position
* **Close Fee:** **20% of positive PnL** ($0 for losing trades)
* **Liquidity Penalty:** **0.01%–0.02%**, based on leverage and MMR i
  {% endhint %}