# Fee\&Slippage

## Fee

Venkate OptionX trading requires no transaction fees or gas fees, allowing users to trade without additional costs.

## Slippage

To prevent imbalances between long and short positions caused by rapid, repeated orders, Venkate OptionX implements a tiered slippage system based on the long-to-short ratio. The specifics are outlined in the following table:

| Long/Short | Open Direction | Slippage                                       |
| ---------- | -------------- | ---------------------------------------------- |
| 17:3       | Long           | 0.005                                          |
| 3:1        | Long           | 0.004                                          |
| 13:9       | Long           | 0.003                                          |
| 11:9       | Long           | 0.002                                          |
| 1:1        | Long/Short     | Caculated based on Position Value: 0.001-0.003 |
| 9:11       | Short          | 0.002                                          |
| 9:13       | Short          | 0.003                                          |
| 1:3        | Short          | 0.004                                          |
| 3:17       | Short          | 0.005                                          |