# Adjust the MUX native positions open & close fee rate to 0.075%

**URL:** https://forum.mux.network/t/adjust-the-mux-native-positions-open-close-fee-rate-to-0-075/174
**Category:** Governance
**Created:** [February 19, 2024, 6:33am UTC](https://forum.mux.network/t/adjust-the-mux-native-positions-open-close-fee-rate-to-0-075/174 "2024-02-19T06:33:29Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![dumbird\_MUX](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.mux.network/dumbird_mux/32/14_2.png) [@dumbird\_MUX](https://forum.mux.network/u/dumbird_MUX)
#### Post date: [February 19, 2024, 6:33am UTC](https://forum.mux.network/t/adjust-the-mux-native-positions-open-close-fee-rate-to-0-075/174/1 "2024-02-19T06:33:29Z")

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In June 2023, the proposal of updating the trading fee rate for positions under the MUXLP pool to a range of 0.05% - 0.08% (with an initial rate of 0.08%) was passed to ensure the MUX native pool can stay competitive in the ever-changing perps landscape. After comparing the composite trading cost (including open & close fees, price impact cost, spread cost, slippage, execution fees, funding fees and borrowing fees, etc) for positions of various sizes from different protocols under different open interest scenarios, **the open & close fee rate for MUX native positions will be adjusted to 0.075% while the price impact remains 0%**. The goal is to continue offering competitive trading costs under the current landscape while ensuring LPs and governance token stakers can earn more competitive revenue.

Meanwhile, the $ARB rebate campaign is ongoing, and MUX has around 2M ARB grant to use towards the rebate. 100% rebates of users’ open & close fees for MUX native, GMX and gTrade positions won’t be affected.

MUX contributors will continue to analyze the market and ensure reasonable trading costs while balancing LPs’ risks, exposure & earnings.