Pricing & Fees

Options at Rails use a straightforward and transparent pricing model, detailed below:

Category	Rails Fee	Network Cost*	Details
Platform Access	$0	N/A	There is no cost to create or hold a Rails account.
Deposits	$0	Varies based on source network	Deposits from some networks involve bridging and gas fees paid directly from your wallet. Exact fees are shown before confirming.
Withdrawals	$0	0.1% (max $1)	The cost to cover gas fees is deducted from your withdrawal amount.
Transaction Fees	0.03% of the Index Price, capped at 12.5% of the Option Price. See Transaction Fee calculation.	N/A	The 12.5% cap on the option price prevents the fee from ever exceeding a fair proportion of the premium.
Delivery Fee	See Delivery Fee Calculation.	N/A	A delivery fee applies to profitable (in-the-money) long positions at settlement.
Liquidation	1.0%	N/A	In addition to trading fees, a 1% fee is charged on all liquidated positions.