Plain ETH transfer at 12 gwei
- Transaction
- ETH transfer (21,000)
- Base fee
- 10
- Priority tip
- 2
- ETH price
- 2000
Result Fee in dollars: $0.50
Fee in ETH: 0.000252
Fee in gwei: 252,000
Price per gas unit (gwei): 12
Base fee burned: $0.42
- Gas price per unit = 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 = $0.504
The textbook case: 21,000 gas at a 10 gwei base fee plus a 2 gwei tip, with ETH at $2,000, comes to about fifty cents.