Kaliper Lab
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How the venue earns from you

A venue does not earn when you win or lose. It earns every time you press the button — trading fees, funding, P2P spread and withdrawal fees.

The consequence: every interface decision is built to make you press more often. The leverage slider defaults high, market orders are the default, and the fee table shows the lowest VIP tier.

This does not make venues evil. It means your interest and theirs do not coincide, so do not let a venue teach you to trade.

Run it on your own numbers

Venues quote percentages, so the number looks small. Enter your monthly volume to see what it becomes in a year across 8 venues, ranked in money.

Real fees on your volume →

What taker fees really cost →