> For the complete documentation index, see [llms.txt](https://docs.probable.markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.probable.markets/trade-on-probable/fees.md).

# Fees

### Fees

Probable charges trading fees to keep markets liquid, fair, and reliable — especially when prices are uncertain. Fees are not just a cost; they help balance the market, reduce noise, and reward traders who act with conviction.

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#### Key Notes

* **Only takers pay fees. Makers trade free.** Providing liquidity on Probable is completely fee-free.
* Taker fees range from **0.01% up to 1.75%**, depending on market price
* Fees are highest when market trades at 50% probability
* Fees decrease as the price moves toward 0% probability and 100% probability

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### How to check my fees?

* Your estimated fee is shown directly in the order preview before you confirm a trade.
* Fees update in real time based on price and order type.

<figure><img src="https://1657856391-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9PPmQUqKi2Up4MeYZZ0C%2Fuploads%2FHzcQyJYfiSGhfEGBmwEo%2Fimage.png?alt=media&amp;token=6a4c2bcb-1b68-41c1-b58e-dae55c61bd17" alt="" width="375"><figcaption></figcaption></figure>

### Price Curve

* Trades at extreme probabilities (near 0% or 100%): Lower fees due to reduced uncertainty
* Trades at equilibrium (50% probability): Higher fees reflecting maximum uncertainty and peak activity

<figure><img src="https://1657856391-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9PPmQUqKi2Up4MeYZZ0C%2Fuploads%2FuoFlrjUEOqE2MG0qGzSz%2FScreenshot%202026-01-07%20at%205.26.49%E2%80%AFPM.png?alt=media&amp;token=1259af35-f0ba-4d3d-829d-69a79a20adfe" alt=""><figcaption></figcaption></figure>

### Settlement & Gas

* All fees are either charged in the settlement asset (e.g. USDT) or the CTF token of the market
* Probable covers gas costs for trade execution and settlement
