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Gas Fee Calculator

Multi-chain gas fee calculator for major blockchain networks. Calculate gas fees for Ethereum, Arbitrum, Optimism, BSC, Avalanche, Polygon, and other networks at different transaction speeds.

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Select the blockchain network

Type of transaction to execute

Current gas price in gwei

Current price of the network's native token

Gas Fee Basics

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What Are Gas Fees?

Gas fees are transaction costs on blockchain networks. They compensate validators/miners for processing and securing transactions. Fees vary based on network congestion, transaction complexity, and urgency. Think of it like paying for computational power and network security.

Gwei Explained

Gwei (gigawei) is a denomination of cryptocurrency used to measure gas prices. 1 gwei = 0.000000001 ETH. Gas prices are quoted in gwei because transaction costs are tiny fractions of a full token. For example, 30 gwei = 0.00000003 ETH per gas unit.

Gas Limit vs Gas Price

Gas Limit: Maximum gas units you'll use (e.g., 21,000 for simple transfer).Gas Price: How much you pay per unit (in gwei).Total Fee = Gas Limit × Gas Price × Token Price.

Transaction Speeds

Slow: Lower gas price, 5-10 minute confirmation. Average: Standard gas price, 2-5 minute confirmation. Fast: Higher gas price, 30 seconds - 2 minutes. Faster speeds prioritize your transaction but cost more.

Why Fees Fluctuate

Network congestion drives fee changes. During NFT drops, market volatility, or popular DeFi launches, everyone competes to get transactions processed first. Higher demand = higher fees. Fees drop during off-peak hours (weekends, late nights UTC).

Layer 2 Solutions

Layer 2 networks (Arbitrum, Optimism, Base, Polygon) process transactions off the main chain and batch them for settlement. This reduces fees by 90-99% while maintaining security. If you transact frequently, Layer 2 is essential for cost savings.

How to Use This Calculator

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1. Select Network

Choose your blockchain: Ethereum (mainnet), Arbitrum/Optimism/Base (Layer 2s),Polygon (sidechain), BSC (Binance), or Avalanche. Each has different base costs and fee structures.

2. Transaction Type

Select what you're doing: Simple Transfer (21k gas), ERC-20 Transfer (65k gas),NFT Minting (100k gas), Smart Contract (150k gas),Uniswap Swap (180k gas), or Complex DeFi (300k gas).

3. Gas Price

Enter current gas price in gwei. Check your wallet or https://etherscan.io/gastracker for real-time prices. Typical range: 10-50 gwei (low-normal), 50-100 gwei (high), 100+ gwei (extreme).

4. Token Price

Enter the current USD price of the network's native token: ETH for Ethereum/Arbitrum/Optimism/Base, MATIC for Polygon, BNB for BSC, AVAX for Avalanche. Check prices on CoinGecko or your wallet.

Understanding Results

You'll see three fee options: Slow (cheapest, slower confirmation),Average (balanced), and Fast (expensive, quick confirmation). Choose based on urgency and budget.

Real-Time Updates

Gas prices change constantly. Always verify in your wallet before confirming. Use gas trackers like Etherscan Gas Tracker, GasNow, or Blocknative for live data and price predictions.

Quick Example:

Calculate Ethereum ERC-20 token transfer at 40 gwei with ETH at $3,000:

• Network: Ethereum
• Type: ERC-20 Transfer
• Gas: 40 gwei
• ETH Price: $3,000

Result: ~$7.80 average fee (slow: $6.24, fast: $9.36)

How the Calculations Work

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Gas Fee Formula

1. Gas Cost in Native Token

Gas Cost = (Gas Limit × Gas Price) / 1e9

Example: (21,000 × 30) / 1,000,000,000 = 0.00063 ETH

2. Convert to USD

USD Fee = Gas Cost × Token Price

Example: 0.00063 ETH × $2,000 = $1.26

3. Apply Network Multiplier

Final Fee = USD Fee × Network Multiplier

Ethereum: 1x | Arbitrum/Optimism: 0.1x | Polygon: 0.01x

Transaction Speed Adjustments

Slow Fee (80% Speed)

Slow = Base Fee × 0.8

Lower gas price, longer wait. Saves ~20% on fees.

Average Fee (100% Speed)

Average = Base Fee × 1.0

Standard gas price. Balanced speed and cost.

Fast Fee (120% Speed)

Fast = Base Fee × 1.2

Higher gas price, faster confirmation. Costs ~20% more.

📊 Complete Example:

Uniswap swap on Ethereum at 50 gwei with ETH at $3,000:

1. Gas Limit: 180,000 units (Uniswap swap)

2. Average: (180,000 × 50) / 1e9 = 0.009 ETH

3. USD: 0.009 ETH × $3,000 = $27.00

4. Slow: $27 × 0.8 = $21.60 | Fast: $27 × 1.2 = $32.40

Same transaction on Arbitrum: $27 × 0.1 = $2.70 (90% savings!)

Optimizing Gas Fees

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Time Your Transactions

Gas fees are typically 40-60% lower on weekends and during late-night hours (2-8 AM UTC). Avoid weekday afternoons and evenings when US/EU markets are active. Use gas trackers to identify low-fee windows.

Use Layer 2 Networks

Arbitrum, Optimism, Base, and Polygon offer 90-99% fee reductions compared to Ethereum mainnet. Bridge your assets once, then enjoy cheap transactions. Most major DApps now support Layer 2s.

Batch Transactions

Tools like Gnosis Safe let you batch multiple transactions into one, paying gas fees only once. This is crucial during high-fee periods - batch 5 transactions and save 80% on total fees.

Set Gas Limits Carefully

Don't overpay by setting gas limits too high. Use recommended limits: 21k for transfers, 65k for ERC-20, 100-150k for basic contracts. Unused gas is refunded, but accurate limits prevent overpayment.

Use Gas Price Alerts

Services like Blocknative, GasNow, and Etherscan Gas Tracker offer alerts when gas drops below your threshold. Set alerts for <30 gwei and execute batch transactions when notified.

Choose Slow Speed When Possible

Unless urgent, always use slow/low gas price. Most "slow" transactions confirm in 3-5 minutes anyway. You'll save 20-30% per transaction, which adds up to hundreds over time for active users.

💡 Pro Savings Example:

Scenario: You make 20 Ethereum transactions per month at average 40 gwei, ETH = $3,000

Mainnet cost: ~$50-100/month | Layer 2 cost: ~$5-10/month

Annual savings by moving to Layer 2: $540-1,080! Factor in bridge cost once (~$15-30), and you still save $500-1,000+ per year. For active traders/DeFi users, Layer 2 is essential.

Network Comparison

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Layer 1 Networks

Ethereum

Fees: $1-50+ (varies greatly) | Speed: 12-15 sec/block |Use Case: High-value DeFi, NFTs, when security is paramount. Most decentralized and secure, but expensive.

BNB Smart Chain (BSC)

Fees: $0.10-1 | Speed: 3 sec/block |Use Case: Budget DeFi, frequent trading, gaming. Centralized trade-off for speed and low costs.

Avalanche

Fees: $0.10-2 | Speed: Sub-second finality |Use Case: DeFi, subnets, gaming. Fast and cheap with growing ecosystem.

Layer 2 Networks

Arbitrum

Fees: $0.10-2 | Speed: 250ms/block |Use Case: Ethereum DeFi at 90% discount. Leading Optimistic Rollup with full EVM compatibility.

Optimism & Base

Fees: $0.10-2 | Speed: 2 sec/block |Use Case: Affordable Ethereum DeFi. Base (by Coinbase) growing rapidly for onboarding new users.

Polygon

Fees: $0.01-0.50 | Speed: 2 sec/block |Use Case: Ultra-cheap transactions, NFTs, gaming. Mature ecosystem with extensive DApp support.

🎯 Choosing the Right Network:

  • High-value DeFi ($10k+): Ethereum (security worth the fees)
  • Regular DeFi/NFT trading: Arbitrum, Optimism, or Base (best balance)
  • Frequent small transactions: Polygon (cheapest, fast)
  • Gaming/microtransactions: Polygon or Avalanche (speed + low cost)
  • Budget-conscious DeFi: BSC (cheap but more centralized)

Risks & Considerations

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⚠️ Transaction Failures

If you set gas prices too low, your transaction may fail or get stuck for hours. You'll still pay gas fees even if the transaction fails. Always use recommended gas prices or slightly above.

⚠️ Bridge Risks

Moving assets to Layer 2 requires bridging, which has smart contract risks. Use official bridges (Arbitrum Bridge, Optimism Gateway, Polygon Bridge). Never use unknown third-party bridges.

⚠️ Front-Running Risk

On public mempools, bots can see your pending transaction and front-run it. This is common in DeFi trading. Use private relayers like Flashbots or MEV-protected RPCs to prevent this.

⚠️ Gas Price Volatility

Gas prices can spike 500%+ in minutes during major events (NFT drops, protocol exploits, market crashes). Always check current prices before confirming and be prepared to wait out volatility.

⚠️ Out of Gas Errors

Complex transactions can run out of gas if you set the limit too low. The transaction fails, but you lose the gas fee anyway. Use suggested gas limits or add 10-20% buffer for safety.

⚠️ Wallet Settings

Some wallets suggest overly high gas fees to guarantee fast confirmation. Always manually review and adjust gas prices. Don't blindly accept wallet suggestions during high-congestion periods.

⚠️ Network Congestion

During extreme congestion, even high gas prices may result in slow confirmation. Blocks fill up immediately. Consider waiting for congestion to clear rather than paying extreme fees.

⚠️ Phishing & Scams

Scammers create fake DApps with inflated gas fees or malicious contracts. Always verify URLs, use bookmarks, and be suspicious of unusually high gas requirements for simple actions.

Gas Tracking Tools

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Real-Time Gas Trackers

  • Etherscan Gas Tracker: Most popular, shows slow/average/fast prices with confirmation times
  • GasNow: Live gas prices with visual charts and historical data
  • Blocknative Gas Estimator: Advanced predictions with confidence intervals
  • ETH Gas Station: Detailed analytics with price recommendations

Wallet Gas Features

  • MetaMask: Built-in gas estimation with slow/market/aggressive options
  • Rabby Wallet: Excellent gas optimization with pre-transaction simulation
  • Rainbow Wallet: User-friendly gas controls with cost breakdowns
  • Frame: Advanced gas management for power users

🔔 Setting Up Gas Alerts:

1. Blocknative Notify: Free service with email/SMS/Discord alerts when gas drops below your threshold. Set alerts for <30 gwei and batch your transactions when notified.

2. IFTTT with Etherscan API: Create custom automation to trigger actions (notifications, transaction submissions) when gas prices hit specific levels.

3. Telegram Bots: Many free Telegram bots monitor gas prices and send instant alerts. Search for "ETH gas bot" in Telegram and join channels with 10k+ members.

💡 Pro Tips for Gas Tracking:

  • • Check gas prices on multiple sources - different calculators use different algorithms
  • • Historical data shows patterns: fees lowest on Sundays 2-6 AM UTC
  • • Set alerts 20% below current prices during high-fee periods to catch dips
  • • Use browser extensions like BlockNative for real-time gas in your toolbar
  • • Follow @gasnow_org and similar Twitter accounts for major gas price movements