Understanding futures trading fees is essential for calculating trading costs. After registering on Binance, you can check specific rates. Download the Binance APP to see real-time fee information on the futures page.
Base Fee Rates
Binance USDT-margined futures base rates:
- Maker (limit order): 0.02%
- Taker (market order): 0.05%
Coin-margined futures base rates:
- Maker: 0.01%
- Taker: 0.05%
Funding Rate
Holding perpetual futures positions involves a funding rate, settled every 8 hours. The funding rate can be positive or negative, depending on the balance between long and short market forces.
Fee Calculation Example
Suppose you open a 1,000 USDT BTC long position with 10x leverage:
- Opening fee (Taker): 1,000 x 0.05% = 0.5 USDT
- Closing fee (Taker): Approximately 0.5 USDT
- Total fees approximately 1 USDT
How to Reduce Fees
- Hold BNB and enable fee deduction for a 10% discount
- Use limit orders (Maker rates are lower)
- Upgrade your VIP level for lower rates
- Registering through a referral code may provide additional discounts
With frequent futures trading, fees accumulate quickly. Using limit orders whenever possible can significantly reduce costs.