You can check your trading fee rate here.
Notes:
- All spot market VIPs are also VIPs in the Futures market.
- Futures fee tiers mirror the spot market tiers but are generally lower. Please note that the volume requirement for each VIP tier is 5 times that of the spot market due to the leverage provided.
- Please refer to Daily BNB Balance Calculation Mechanism.
- Users will receive a 10% discount on standard trading fees when they use BNB to pay for trading fees on the Binance Futures platform for USDⓈ-M Futures. Users will need to transfer BNB from their Spot Wallet to their USDⓈ-M Futures Wallet to receive the 10% discount. Please ensure that you have a sufficient BNB balance in your USDⓈ-M Futures Wallet to pay for the trading fees. The system will automatically deduct USDT as Futures trading fees and you will not be entitled to the discount.
- BNB transferred to the USDⓈ-M Futures Wallet can be used for fee discounts and collateral when Multi-Assets mode is enabled. 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 before going on the order book, either filling partially or fully, 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 * Fee Rate
Notional Value = (Number of Contracts* Contract Size) / Trade Price
For example, a regular user's maker commission: 0.01%; taker commission: 0.05%
Buy 10 BTCUSD 0925 quarterly contracts using market order:
Notional Value = (Number of Contracts * Contract Size) / Opening Price
= (10 contracts * 100 USD) / 10,104 USD
= 0.09897 BTC
Taker commission fee: 0.09897 * 0.050% = 0.000049485 BTC
After the price increases, sell 10 BTCUSD 0925 quarterly contracts using limit order:
Notional Value = (Number of Contracts * Contract Size) / Closing Price
= (10 contracts * 100 USD) / 11,104 USD
= 0.09 BTC
Maker commission fee: 0.09 * 0.01% = 0.000009 BTC
How to calculate the commission of USDⓈ-margined contracts?
Commission Fee = Notional Value * Fee Rate
Notional value = number of contracts x trade price
For example, VIP0 marker commission: 0.02%; taker commission: 0.040%
Buy 1 BTC BTCUSDT contract using Market order:
Notional value = number of contracts x opening price
= 1 BTC * 10,104
= 10,104
Taker commission fee is paid: 10,104 * 0.040% = 4.0416 USDT
After the price rises, Sell 1 BTC BTCUSDT contract using Limit order:
Notional Value = Number of Contracts * Closing Price
= 1 BTC * 11,104
= 11,104
Maker commission fee is paid: 11,104 * 0.02% = 2.2208 USDT