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Polymarket Fees Explained: Trading, Network, Slippage

Complete breakdown of Polymarket's fee structure and hidden costs — plus strategies to minimize expenses.

💡 Bottom Line

Trading costs on Polymarket can depend on the market, liquidity and network conditions. Exact costs may vary over time, and are shown directly in the interface before placing a trade. Network fees for blockchain transactions may also apply.

Complete Fee Breakdown

Fee Type Amount When Applied Notes
Trading Fee Varies On winning positions only Charged at settlement, shown in interface
Network Gas Fee Varies with network conditions Every transaction (buy/sell) Paid in MATIC tokens on Polygon
Spread/Slippage 0.5–10%+ Built into market prices Lower on high-liquidity markets
Deposit Fee $0 Never charged Free to add USDC
Withdrawal Fee $0 Never charged (only gas) ~$0.20 network cost to withdraw
Account Fees $0 Never charged No monthly or inactivity fees
Bridge Fee (if needed) $10–$30 Only if bridging to Ethereum mainnet Avoidable (use Polygon-native USDC)

Trading Fee: Varies on Winning Trades

How It Works

Trading fees on Polymarket are typically charged on winning positions. The exact percentage may vary and is shown in the interface before placing trades. If you lose, you typically pay no trading fees (you only lose your initial stake).

Example 1: Winning Trade

  • • Buy 100 Yes shares at $0.40 each → Spend $40
  • • Event happens → Shares redeem at $1.00 each → Gross payout $100
  • • Trading fee: Varies, shown in interface
  • • Net profit: $100 - $40 (cost) - $2 (fee) = $58 profit

Example 2: Losing Trade

  • • Buy 100 Yes shares at $0.40 each → Spend $40
  • • Event doesn't happen → Shares expire worthless
  • • Trading fee: $0 (typically only charged on winners)
  • • Total loss: $40 (initial investment only)

Why This Structure Makes Sense

Charging fees only on winning trades means:

  • Losers don't pay twice — if your prediction is wrong, you already lost your stake; no extra fees
  • Incentive alignment — Polymarket only profits when users make successful predictions
  • Lower effective cost — if you win 60% of trades, you're only paying fees 60% of the time

Quick Calculator

Note: Exact fees depend on current platform conditions and are displayed in the interface before placing trades.

Fees may vary based on:

  • • Market conditions and liquidity
  • • Network congestion
  • • Platform policy updates

Always review the exact costs shown in the interface before confirming any trade.

Network Gas Fees: Vary per Transaction

What Are Gas Fees?

Gas fees are blockchain transaction costs paid to validators who process your trades. Think of it like a postal stamp — you pay a fee to send your transaction through the network.

Polymarket runs on Polygon (not Ethereum mainnet), which generally has lower network fees than Ethereum mainnet. Exact costs vary with network conditions and congestion.

When You Pay Gas Fees

Action Gas Cost Frequency
Buying shares (market order) Varies with network conditions Each purchase
Selling shares (market order) Varies with network conditions Each sale
Placing limit order Varies with network conditions Each order placement
Canceling limit order Varies with network conditions Each cancellation
Withdrawing USDC Varies with network conditions Each withdrawal
Depositing USDC Varies with network conditions Each deposit
Connecting wallet $0 (free) One-time
Browsing markets $0 (free) Unlimited

What Affects Gas Prices

  • 1.

    Network Congestion

    More users = higher gas. Prices spike during major events (election results, crypto market crashes).

  • 2.

    MATIC Token Price

    Gas is paid in MATIC. If MATIC price rises, dollar cost of gas increases proportionally.

  • 3.

    Transaction Complexity

    Simple market orders cost less than complex multi-market trades or contract interactions.

💡 Pro Tip: Keep MATIC in Your Wallet

Always maintain sufficient MATIC in your wallet to cover network fees. Without MATIC, transactions will fail even if you have USDC. The amount needed varies with network conditions.

Spread & Slippage: The Hidden Cost

What Is Spread?

Spread is the difference between the best buy price (bid) and best sell price (ask) in a market.

Example: Political Market

  • Best bid (buy): $0.65 (someone wants to buy Yes at this price)
  • Best ask (sell): $0.67 (someone wants to sell Yes at this price)
  • Spread: $0.02 (2 cents or ~3% of price)

If you buy at market price ($0.67) and immediately sell ($0.65), you lose $0.02 per share to spread.

Spread by Market Type

Market Type Typical Spread Example
High-liquidity politics 0.5–1% US Presidential election ($100M+ volume)
Major crypto events 1–2% Bitcoin ETF approval ($50M+ volume)
Mid-tier markets 2–5% Sports outcomes ($5–20M volume)
Niche/new markets 5–10%+ Obscure events (<$1M volume)

What Is Slippage?

Slippage occurs when your large order moves the market price against you. Common on low-liquidity markets.

Example: Large Order Slippage

  • • Market shows Yes at $0.50 with $1,000 liquidity at this price
  • • You place $5,000 market buy order
  • • First $1,000 fills at $0.50
  • • Next $1,500 fills at $0.51
  • • Remaining $2,500 fills at $0.52
  • Average fill price: $0.514 (2.8% worse than expected $0.50)

💡 How to Minimize Spread/Slippage

  • Trade high-liquidity markets ($10M+ volume = tighter spreads)
  • Use limit orders instead of market orders (set your max price)
  • Split large orders into smaller chunks over time
  • Trade during high-activity periods (avoid late night/early morning)

Polymarket vs Competitors: Fee Comparison

Here's how Polymarket's total costs stack up against other prediction markets and betting platforms:

Platform Trading Fee Withdrawal Fee Network Fee Total Cost to Win $100
Polymarket Varies Network fees may apply Varies Check interface
PredictIt 10% 5% $0 $15
Kalshi ~7% $0 $0 $7
Traditional Sportsbooks 4.5–10% (vig) Varies $0 $5–$15

✅ Note

Fee structures vary across platforms and may change over time. Always check current costs in the interface before trading to understand exact expenses.

Withdrawal Costs: Getting Your Money Out

Polymarket → Your Bank: Complete Cost Breakdown

Recommended Path (Cheapest):

  1. 1.

    Withdraw USDC from Polymarket to wallet (Polygon)

    Cost: ~$0.20 gas fee

  2. 2.

    Send USDC to Coinbase/Binance (Polygon network)

    Cost: ~$0.10–$0.30 gas fee

  3. 3.

    Convert USDC → USD on exchange

    Cost: 0.5–1% trading fee (~$5–$10 on $1,000)

  4. 4.

    Withdraw USD to bank (ACH/SEPA)

    Cost: $0 (Coinbase) or $0–$25 (other exchanges)

Total withdrawal cost: $5.50–$35.50 (0.5–3.5% on $1,000)

Timeline: 1–3 business days

Alternative Path (If Exchange Doesn't Support Polygon)

Bridge Polygon → Ethereum Mainnet

If your exchange only accepts USDC on Ethereum (not Polygon), you'll need to bridge:

  • Bridge cost: $10–$30 in ETH gas fees
  • Time: 30–45 minutes
  • Tools: Polygon Bridge, Hop Protocol, or Synapse

💡 Avoid this by using Polygon-native exchanges (Coinbase, Binance, Kraken all support Polygon USDC).

Exchange Comparison for Cash-Out

Exchange Polygon USDC Support Bank Withdrawal Fee Timeline
Coinbase ✅ Yes $0 (ACH) 1–3 days
Binance ✅ Yes $1–$15 1–3 days
Kraken ✅ Yes $0–$5 1–3 days
Some smaller exchanges ❌ No (Ethereum only) Varies + $10–$30 bridge 2–4 days

How to Minimize Costs: 7 Proven Strategies

1. Trade High-Liquidity Markets

Focus on markets with $10M+ volume to minimize spread (0.5–1% vs 5–10% on niche markets). Save $4–$9 per $100 trade.

2. Use Limit Orders

Set your max buy price instead of market orders. Avoid paying the spread — wait for market to come to you.

3. Batch Your Trades

Instead of 10 small trades ($0.20 gas each = $2 total), make 2 larger trades ($0.40 gas total). Save $1.60.

4. Trade During Low-Congestion Hours

Gas fees lowest during 2am–6am EST. Avoid major event outcomes when everyone rushes to trade simultaneously.

5. Buy USDC Directly on Polygon

Use Coinbase/Binance to buy USDC and withdraw directly to Polygon network. Avoid $10–$30 bridge fees from Ethereum mainnet.

6. Hold Positions to Resolution

Early exits pay spread costs. If confident in prediction, hold until settlement to maximize profit (only pay 2% fee, not spread).

7. Withdraw in Larger Amounts

Fixed costs ($0.20 gas + $5 exchange fee) hurt small withdrawals. Withdraw $500+ at once to keep costs under 1%.

Real-World Cost Examples

Scenario A: Small Winning Trade ($100)

• Initial investment: $100

• Gross payout (won at 2:1 odds): $200

• Trading fee (2% of $200): -$4

• Gas fee (buy + settlement): -$0.40

Net profit: $95.60 (95.6% ROI after fees)

Scenario B: Medium Winning Trade ($1,000)

• Initial investment: $1,000

• Gross payout (won at 1.8:1 odds): $1,800

• Trading fee (2% of $1,800): -$36

• Gas fee: -$0.50

• Withdrawal to bank: -$10

Net profit: $753.50 (75.4% ROI after all fees)

Scenario C: Large Winning Trade ($10,000)

• Initial investment: $10,000

• Gross payout (won at 1.5:1 odds): $15,000

• Trading fee (2% of $15,000): -$300

• Gas fee: -$1

• Withdrawal to bank: -$20

Net profit: $4,679 (46.8% ROI after all fees)

Fee percentage decreases with larger trades (321/$5,000 = 6.4% total fees)

Ready to Start Trading?

Check current trading costs in the interface before placing trades. Fees may vary with market and network conditions.

Start Trading on Polymarket

New to crypto? Set up your wallet first →

Related Resources

Disclaimer: Fee information accurate as of October 2025. Fees subject to change by platform. Gas fees fluctuate with network conditions and MATIC price. Not financial advice. Independent analysis not affiliated with Polymarket.