> For the complete documentation index, see [llms.txt](https://optifi.gitbook.io/optifi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://optifi.gitbook.io/optifi/optifi-in-depth/fee-structure.md). # Fee Structure #### Create an OptiFi Account The first time a new address connects, OptiFi will initiate the account for the user address. This is a one time cost around 0.07 SOL. You can read more about it [here](https://docs.solana.com/storage_rent_economics). #### Create a Market Account The first time to trade on a selected market. It'll cost around 0.03 SOL to initialize an option market. #### Options Deposit Fee 0.00% Withdrawal Fee 0.00% Taker Fee: min (0.15% of underlying, 10% of trade price) Maker Fee: min (0.05% of underlying, 10% of trade price) Delivery Fee: 0.015% of exercised PNL (never be higher than 12.5% of the option's value) Liquidation Fee 2.00% from traders to crankers (under development) #### OMM Deposit Fee 0.00% Performance Fee 10.00% (only charged when you're in profit) Withdrawal Fee 0.10% #### Please note * All transactions on Solana need gas fee which is 0.000005SOL per transaction * OMM vaults include operation costs such as hedging cost and cranker reward 10% of gas fee (under development) * According to [Solana](https://solana.com/), the average cost per transaction is $0.00025 as of 9/13/2022 * Performance Fee is charged by your total vault value upon the withdrawal --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://optifi.gitbook.io/optifi/optifi-in-depth/fee-structure.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.