# 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