Novig fees: one taker formula, four products, worked at 62¢.

A straight is charged only while the event is in game. The same contract bought before kickoff pays nothing, so one market can carry fee-free and fee-paying fills from the same trader on the same day. A parlay’s fee is not shown as a separate line: the Help Center fee article says it is already included in the quoted price.

The live and futures columns carry the same fee because both use c = 0.06; they differ in the credit the maker earns. A golf or tennis future at the same price pays no fee and earns no credit. A UFC, F1 or NASCAR future pays the fee, but the Maker Credit Program excludes those leagues, so its maker earns no credit. The pre-game column has no credit because the credit is a share of a fee, and no fee was collected.

The fee docs and the fee schedule in the Help Center fee article give the live coefficient as 0.06. A question further down the same Help Center article, on fills spread across several price levels, gives a different live coefficient, quoted below. Every figure on this page is computed at 0.06, the rate the fee docs use in their own worked examples. At 0.03, the live fee in the worked fill above would be half as large.

Live straight trades

Taker coefficient 0.06 on every straight contract since October 15, 2026, applied while the event is in game

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Help Center live coefficient

The Help Center fee FAQ on volume-weighted pricing gives a live coefficient of 0.03, which differs from the 0.06 in the fee docs and the Help Center schedule

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Per fill, or once per order?

The two sources also differ on an order that fills at several prices. The fee docs say each fill is priced independently, so a partly filled order accrues one fee per fill. The Help Center’s answer charges such an order once, at the volume-weighted average price of its fills, on its total contracts. Because P × (1 − P) is curved, the two methods can give slightly different totals, and Novig has not said which one applies. This page prices one fill at one price, where both give the same figure.

The Maker Credit Program pays the resting side of a fill a percentage of the fee the taker actually paid. In live markets that is 25%; on eligible futures, 50%. A live credit accrues only on fills matched while the game is in progress, and a futures credit on any fill. In the worked fill above, the maker earns $0.8835 live and $1.767 as a future.

The program’s terms say rates can change by notice. Novig credits the cash within seven calendar days of the trade, so a fill late in December can be credited in January.

Maker Credit, live markets

25% of the taker fee actually collected, since October 22, 2026 (50% before)

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Maker Credit, futures

50% of the taker fee actually collected, since October 22, 2026 (70% before)

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Maker Credit Program

Credits are paid as cash within seven calendar days of the qualifying trade

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Not eligible

Parlays and other combination contracts, series-winner markets, markets with no fee, futures in PGA, ATP, WTA, UFC, F1 and NASCAR, and members with a Market Maker Agreement

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These sit beside fees in an account’s activity and are easy to read as fees or refunds. A Referral Credit is promotional credit that cannot be withdrawn. With opposing positions on one game, an Early Payout credits before the game ends the part of the payout that is the same whichever side wins; Novig lists it as Instant Payout. A Fair Value Settlement is the price a contract settles at when it can no longer resolve, and Novig calls it a settlement, not a refund. Novig’s Portfolio Balance adds cash, open positions and trade credits together, so it is not a trading result.

Referral Credits

From October 22, 2026: five $5.00 credits per qualifying referral, non-withdrawable, expiring seven days after issue

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Early Payout

With opposing positions on one game, the part of the payout that is the same whichever side wins, credited at once and listed as Instant Payout

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Fair Value Settlement

At the price just before the disrupting news; “a settlement, not a refund”

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Portfolio Balance

Wallet Balance + Open Positions + Trade Credits

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How fees, Maker Credits and promotional credits enter each of the three common filing routes is on Novig taxes. Where each of these shows up in Novig’s own files is on Novig trade history and data.

How are Novig fees calculated?

As of October 22, 2026, Novig’s fee docs set the fee at c × P × (1 − P) × N, charged to the taker; no maker fee. P is the execution price and N the number of contracts. With c at 0.06, 250 contracts bought at 62¢ during a game cost $3.534 in fees. Charged to five decimal places, with no minimum fee.

Does Novig charge a fee on pre-game trades?

Novig’s Help Center fee schedule lists pre-game straight trades at $0, for both the maker and the taker. The fee applies to live straights, futures and parlays.

Do makers pay fees on Novig?

No. Novig’s fee docs charge the fee to the taker only, and the maker pays nothing. In live markets and eligible futures the maker earns a Maker Credit instead. Credits are paid as cash within seven calendar days of the qualifying trade.

Is the Novig live fee coefficient 0.03 or 0.06?

The Help Center fee FAQ on volume-weighted pricing gives a live coefficient of 0.03, which differs from the 0.06 in the fee docs and the Help Center schedule. Novig’s fee docs state the 0.06 rate and work their examples at it, and this guide computes at 0.06.

How much is the Novig Maker Credit?

In live markets, 25% of the taker fee actually collected, since October 22, 2026 (50% before). On eligible futures, 50% of the taker fee actually collected, since October 22, 2026 (70% before). Not eligible: parlays and other combination contracts, series-winner markets, markets with no fee, futures in PGA, ATP, WTA, UFC, F1 and NASCAR, and members with a Market Maker Agreement.