Perpetual futures fees

When opening, managing, and closing positions, you may incur fees. These include:

Opening and closing fees: There are Robinhood and exchange fees associated with opening and closing positions. These are shown as estimated until your order fills.
Funding rate fees: Positions will incur funding rate payments or receive funding payments every 8 hours. These are fees paid between long and short positions to help keep the perpetual contract price close to the spot price.

Fee type	Amount/details
Funding rate	Applied every 8 hours; varies by contract; funding costs do not apply to positions closed before the end of the funding period
Robinhood commission	0.005% of notional exposure, rounded up to the nearest cent per order with a minimum of $0.01
Venue exchange fee	0.005% of notional exposure, rounded to the nearest $0.00001 using banker's rounding
Liquidation fees	0.05% of notional exposure
Regulatory Fee (NFA)	$0 (covered by Robinhood)

Note

These rates apply through December 31, 2026 and are subject to change. Review Robinhood’s fee schedule for more information on fees.

Disclosures

Perpetuals are complex derivative products, and trading involves significant risk and is not appropriate for all investors, particularly for perpetuals referencing assets which experience volatile price movements. Further, leveraged trading is risky as it can amplify the speed of your losses and increases the chance of you losing all of your initial investment. Please carefully consider if investing in such financial instruments is appropriate for you in light of your specific experience, risk tolerance, and financial situation. Restrictions and eligibility requirements apply.

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