Reproducible model

Polymarket Fee Model

The protocol taker-fee formula, the published category rates, and a complete price grid — all generated from the same equation, with a CSV you can regenerate. Recompute every number here yourself.

What makes this reproducible. Every figure on this page is computed from one stated equation and a published set of category rates. There is no private dataset, no sample we cannot show you, and no number you cannot rebuild in a spreadsheet in a few minutes. If ours and yours disagree, check the rate you used first.

1. The model

Polymarket's protocol taker fee is a function of three things: how many shares you trade, the fee rate for that market's category, and the price of the shares. It is not a percentage of your winnings, and it is not charged at resolution.

fee = C × feeRate × p × (1 − p)

The term p × (1 − p) is what gives the fee its shape: it is symmetric around 50¢ and falls away toward both 0¢ and $1.00. The fee is charged at match time, whether the position later wins or loses, and makers are never charged.

Category rates

CategoryfeeRate (taker)Maker fee
Crypto0.070
Sports0.050
Economics · Culture · Weather · Other0.050
Politics · Finance · Mentions · Tech0.040
Geopolitics / world events0 — fee-free0

These are the parameters Polymarket publishes. Rates are protocol settings and can change; confirm the live rate on the market's own details before sizing a large trade.

2. Run the model on your own trade

Set the category, the price you are trading at, and the number of shares. The fee panel updates from the same equation above.

$1.00
Taker fee
Stake (shares × price)
$50.00
Fee as % of stake
2.00%
Maker fee
$0.00
Charged
at match

3. The complete grid (100 shares)

Fee payable when trading 100 shares at each price, for the three charged rates. The table is generated from the formula, not hand-entered, so the left and right halves mirror each other exactly — a direct consequence of p × (1 − p).

Pricerate 0.04rate 0.05rate 0.07
5¢$0.19$0.24$0.33
10¢$0.36$0.45$0.63
20¢$0.64$0.80$1.12
30¢$0.84$1.05$1.47
40¢$0.96$1.20$1.68
50¢$1.00$1.25$1.75
60¢$0.96$1.20$1.68
70¢$0.84$1.05$1.47
80¢$0.64$0.80$1.12
90¢$0.36$0.45$0.63
95¢$0.19$0.24$0.33

4. Reproduce it yourself

You have three ways to check this model against your own working:

  1. By hand. Pick any row: 100 shares at 50¢, rate 0.04 → 100 × 0.04 × 0.50 × 0.50 = $1.00.
  2. In a spreadsheet. Put the price in A, the rate in B, and =100*B2*A2*(1-A2) in C. Fill down and compare with the grid.
  3. From the CSV. The button below generates the full model — every price from 1¢ to 99¢ across the three rates — in your browser and downloads it. Nothing is fetched from a server.
Methodology. Source equation and category rates: Polymarket's published protocol fee documentation. Grid values: computed as C × feeRate × p × (1 − p) with C = 100 and p = price ÷ 100, rounded to the cent for display only (the CSV carries full precision). Model checked October 2026; rates can change, and the live order preview on any market is authoritative for that market at that moment.
Limits — read these. This model covers the protocol taker fee only. It excludes the bid-ask spread, which on illiquid markets is usually the larger cost; it excludes gas (typically under $0.01 on Polygon) and fiat on/off-ramp costs; it does not model maker rebates beyond noting makers pay no fee; and it assumes the category rate applies as published. A complete cost estimate has to add those terms. Nothing here is financial advice, and poly-sim.com is not affiliated with Polymarket.

FAQ

Is this the same as "2% of winnings"?

No. That formulation is wrong. The fee is charged at match time on the traded volume, not on your profit, and it applies to losing trades too. See the full explanation in Polymarket Fees Explained.

Why does the table mirror itself?

Because p × (1 − p) is symmetric: a trade at 40¢ and one at 60¢ produce the same product. That is a property of the formula, not a coincidence in our table.

Do makers really pay nothing?

Correct — resting a limit order that gets filled makes you the maker, and the taker fee does not apply. There is also a maker rebate program funded from collected taker fees.

Related

Fees Explained — the full narrative, spread and gas included · EV Calculator — check edge after the fee · Profit Calculator — payout, fee and net profit · Alternatives — how rival venues charge