Fees

They're low. Very low.

Trading Fees

teeter charges a configurable 0.2% trading fee. There is also a 0.3% Uniswap v2 trading fee that is factored into the execution price. Therefore, the total trade fee combined will only be approximately 0.5%.

Time Fees

The goal of the time fee is to charge an interest rate, similar to like component fees for open trades or management fees in traditional finance. The time fee will initially be negligible but may vary based on a governance vote. The time fee would be paid by both longs and shorts and would be entirely earned by the bToken holder. The goal here is to charge an interest rate on the open interest of the exchange that is earned by the bToken holder.