Plain transfer at 10 + 2 gwei
- Transaction
- ETH transfer, 21,000 gas
- Base fee
- 10
- Priority fee (tip)
- 2
- ETH price
- 2000
Result Transaction fee (ETH): 0.000252
Fee in dollars: $0.50
Fee in gwei: 252,000
Burned (base fee), ETH: 0.00021
Paid to validator, ETH: 0.000042
- Price per gas = 10 + 2 = 12 gwei
- Fee = 21000 gas × 12 gwei = 252000 gwei
- In ETH = 252000 ÷ 1,000,000,000 = 0.000252 ETH
- In dollars = 0.000252 × 2000 = $0.5
The case ethereum.org uses: 252,000 gwei in total, of which 210,000 gwei is burned and 42,000 gwei goes to the validator.