To check your trading fee rate, please click here.

Notes:

  1. All spot market VIPs are also VIPs in the futures market.
  2. Futures fee tiers mirror the spot market but are generally lower; please note the volume requirement for each VIP tier is 5 times that of the spot market due to the leverage provided.
  3. Please refer to Daily BNB Balance Calculation Mechanism.
  4. Users will receive a 10% discount on standard trading fees when they use BNB to pay for trading fees on the Binance Futures platform. Users will need to transfer BNB from their exchange wallet to their futures wallet to receive the 10% discount. Please ensure that the BNB balance in your futures wallet is sufficient to pay trading fees, otherwise, the system will automatically deduct USDT as futures trading fees and you will not be entitled to the discount.
  5. BNB transferred to futures wallets will only be able to be used for trading fee discounts. It cannot be used for liquidation fees and as collateral. For more details, please refer to Binance Futures Trading Fee Discount Program - Save 10% With BNB

What Do Maker and Taker Mean?

Taker:

When you place an order that trades immediately, by filling partially or fully, before going on the order book, those trades will be taker trades.

Trades from Market orders are always Takers, as Market orders can never go on the order book. These trades are taking volume off of the order book, and therefore called the taker.

Maker:

When you place an order that goes on the order book partially or fully such as a limit order, any subsequent trades coming from that order will be as a “maker.”

These orders add volume to the order book, helping to make the market, and are therefore termed the maker for any subsequent trades.

How to calculate the commission for coin-margined contracts?

Commission fee = notional value x fee rate

Notional value = (number of contracts x contract size) / trade price

For example, VIP0 marker commission: 0.015%; taker commission: 0.040%

Buy 10 BTCUSD 0925 quarterly contract using Market order:

Notional value = (number of contracts x contract size) / opening price

= (10 Cont x 100 USD) / 10,104 USD

= 0.09897 BTC

Taker commission fee is paid: 0.09897 x 0.040% = 0.00003959 BTC

After the price rises, Sell 10 BTCUSD 0925 quarterly contract using Limit order:

Notional value = (number of contracts x contract size) / closing price

= (10 Cont x 100 USD) / 11,104 USD

= 0.09 BTC

Maker commission fee is paid: 0.09 x 0.015% = 0.00001351 BTC

Note: For quarterly delivery contracts, a flat 0.015% of settlement fee is charged for all positions settled on the delivery date.

How to calculate commission of USDⓈ-margined contracts

Commission fee = notional value x fee rate

Notional value = number of contracts x trade price

For example, VIP0 marker commission: 0.02%; taker commission: 0.040%

Buy 1BTC BTCUSDT contract using Market order:

Notional value = number of contracts x opening price

= 1BTC x 10,104

= 10,104

Taker commission fee is paid: 10,104 x 0.040% = 4.0416 USDT

After the price rises, Sell 1BTC BTCUSDT contract using Limit order:

Notional value = number of contracts x closing price

= 1BTC x 11,104

= 11,104

Maker commission fee is paid: 11,104 x 0.02% = 2.2208 USDT

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