Costs

Sub-account volume and fee tiers

The obvious objection to isolation is that splitting activity across ten sleeves should split your fee tier ten ways. It does not work like that, and the reason is worth understanding before you compare cost models.

In short

Hyperliquid assesses fee tiers on the trading volume of an account and its sub-accounts together, so isolating leaders does not fragment your volume for tier purposes. Isolation is therefore a risk and accounting decision, not a fee penalty. What does drive your cost is turnover: high-frequency leaders generate more mirrored notional, and both exchange fees and the 0.1% builder fee scale with notional.

At a glance

Cost components of a mirrored basket
CostWho charges itWhat it scales with
Taker / maker feeHyperliquidNotional traded, reduced by volume tier
Volume tierHyperliquidAccount plus sub-account volume, aggregated
FundingThe marketPosition size, holding period and funding rate
Builder feeHyperMirror, natively via Hyperliquid0.1% of mirrored notional volume
Performance feeNobodyNot charged

Where fees actually come from

Three separate costs apply to a mirrored basket and they behave differently. Confusing them is the most common reason people misjudge the economics.

  • Exchange taker and maker fees, set by Hyperliquid and reduced by volume tier.
  • Perpetual funding, which is a market-driven flow between longs and shorts rather than a fee to anyone.
  • The builder fee: 0.1% of mirrored notional volume, charged through Hyperliquid's native builder mechanism.

Turnover is the real cost driver

Because every one of those costs scales with notional traded, the leader mix determines cost far more than the number of sleeves. A scalper mirrored at the same capital as a swing trader can produce many times the notional, and therefore many times the fee load, for the same account size.

This is why turnover is part of how leaders are evaluated rather than an afterthought: a strategy has to clear its own cost to be worth mirroring.

What isolation does not change

Isolation does not add a per-sleeve charge, does not duplicate notional, and does not require extra approvals. The same trades that would have happened in one account happen in several, and the cancelled-out volume that netting would have wasted is no longer wasted.

Risk notes

Fees and funding are certain; returns are not. A high-turnover leader must out-earn its own cost load consistently to be worth mirroring, and past cost efficiency does not guarantee future returns.

Past performance is not indicative of future results. Perpetual futures are leveraged instruments and carry a substantial risk of loss, including the loss of your entire position.

Methodology

Scoring and replacement are documented in full on How it works and in the Docs (Policy v3). In short: the Elite basket is sticky, emergencies remove a leader immediately, and soft issues accrue at most one strike per UTC day with three strike-days triggering replacement. Read how it works or the documentation for the full table.

Questions

Frequently asked

Do sub-accounts split my fee tier?

No. Volume across your account and its sub-accounts aggregates for fee-tier purposes.

Is a ten-leader basket ten times more expensive?

No. Cost tracks mirrored notional, not the number of sleeves. Leader turnover is what moves the number.

Does HyperMirror take a share of profits?

No. The 0.1% builder fee on mirrored notional volume is the only revenue taken.

Diversified copy trading. On autopilot.

Score-weighted allocation across up to 10 elite Hyperliquid traders, each isolated in its own sub-account. Your funds never leave your account.

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