> For the complete documentation index, see [llms.txt](https://docs.opendelta.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.opendelta.com/products/cult/fees.md).

# Fees

OpenDelta charges a management fee that is applied daily and set on an annual basis. The management fee is deducted from the NAV. The fee covers rebalance driven trading fees and multi-blockchain network related fees. 

| Fee Type                        | Fee p.a. |
| ------------------------------- | -------- |
| Management Fee                  | 5.00%    |
| Mint & Redemption Fee (Cash)    | 1.00%    |
| Mint & Redemption Fee (In-Kind) | 0.00%    |