How are Binance trading fees calculated?
Enter a trade size and see roughly what the fee is, and what a BNB discount and a referral code each save.
Exchanges make money on fees. The rate looks small, but round trips add up. This calculator gives you a rough estimate of the fee on one spot or futures trade, and lists what a BNB discount and a referral code each save. It uses Binance’s standard rates for regular accounts, checked September 2026. Everything you enter stays in your browser, and it does not pull live prices or fees from Binance. A higher VIP tier or a promotion lowers your real rate, and each filled order’s trade detail lists the fee actually charged.
Where these numbers come from
The core formula is simple: fee = trade value × rate. For a regular (VIP 0) Binance account in September 2026, spot costs 0.1% for both maker and taker, so 1 USDT per 1,000 USDT traded, or 0.075% if you pay with BNB. USDⓈ-M futures cost 0.02% maker and 0.05% taker, charged on the position’s notional value, with 10% off when the fee is paid from BNB held in the futures wallet. The two discounts are worked out one after the other: BNB first, then the referral share on what is left, shown here at its upper bound. Your own figures appear in each order’s trade detail.
Treat fees like tolls. One trip is trivial, but frequent round trips become a real cost. Trade less often, read the rate, and take the savings you can; over time that beats chasing any single move.
Maker vs taker, and why taker usually costs more
There are two ways your order hits the book. Post a limit order that does not fill right away and sits waiting for someone else to trade against it, and you are a maker; you added depth the market can use. Cross the spread and take existing orders off the book at the current price, and you are a taker; you consumed depth that was already there. In most fee schedules the taker rate is higher than the maker rate, and the logic is straightforward: the exchange wants people to post orders and keep the book full, so it rewards makers with a lower rate and charges takers a little more. Beginners who just click buy and sell at market are almost always paying as takers, which is worth knowing.
Spot vs futures: what the fee is charged on
The two are charged on different things. A spot fee is taken on the value of the trade itself, so buying 1,000 USDT of a coin is charged on that 1,000. A futures fee is charged on notional value, the size of the position, which leverage inflates. With the same starting capital, more leverage means a larger notional and a larger fee. Pick futures in the calculator above and a leverage box appears: enter the margin you put in as the trade size, and it multiplies out the notional value before charging the fee. The futures rates used are Binance’s standard ones for regular accounts, 0.05% taker and 0.02% maker (checked September 2026). Funding comes on top of that and is covered further down.
A futures trade is charged twice, not once
This is the line most estimates leave out. You pay going in and you pay again coming out, so the figure worth comparing against your expected profit is roughly double the one-way rate. On small, frequent round trips the two charges together are larger than they feel.
Carrying on from notional value, a complete bill is built like this:
| What this step works out | How you get it |
|---|---|
| Notional value | Margin you put in × leverage |
| Entry fee | Notional value at entry × one-way rate |
| Exit fee | Notional value at close × one-way rate |
| Trading fee for the whole trade | Entry fee + exit fee |
Now with numbers. Using Binance’s standard futures rates for a regular account (taker 0.05%, maker 0.02%): put in 200 USDT at 10x and the notional is 2,000 USDT, so the fee is charged on 2,000 rather than on 200. Same capital, ten times the fee base. Say you close after the price has risen 3%; the notional on the exit side is now 2,060 USDT, so the two charges are not equal. Three common ways to place the two orders work out like this:
| Entry order | Exit order | Entry fee (2,000 × rate) | Exit fee (2,060 × rate) | Total | Share of the 200 margin |
|---|---|---|---|---|---|
| Market (taker) | Market (taker) | 1.00 | 1.03 | 2.03 USDT | about 1.0% |
| Limit (maker) | Market (taker) | 0.40 | 1.03 | 1.43 USDT | about 0.7% |
| Limit (maker) | Limit (maker) | 0.40 | 0.41 | 0.81 USDT | about 0.4% |
A 3% rise on a 2,000 USDT position is 60 USDT of profit, and market orders both ways hand just over 2 of it to fees. One trade barely notices. Several round trips a day, each chasing a fraction of a percent, and fees take a large bite of whatever you make. Resting limit orders cut the bill by more than half, with the catch that the price may never come back to fill your order. If your account is on a lower rate, swap it into the table and the arithmetic is the same.
What does 1,000 USDT cost in fees, spot and at 10x?
The two cases people ask about most, both at Binance’s standard rates for a regular account:
| Trade | Sum | Fee |
|---|---|---|
| Spot market buy of 1,000 USDT of BTC | 1,000 × 0.1% | 1 USDT |
| Same, with the BNB discount on | 1,000 × 0.075% | 0.75 USDT |
| Sell it again at the same price | another 0.1% | about 2 USDT for the round trip |
| 1,000 USDT margin at 10x, market entry | 10,000 notional × 0.05% | 5 USDT |
| Market exit at the same price | 10,000 × 0.05% | 5 USDT more, 10 USDT round trip |
| Limit orders that rest on the book, both ways | 10,000 × 0.02% × 2 | 4 USDT |
| Market both ways, fee paid in BNB | 10 USDT less 10% | 9 USDT |
A spot round trip costs 0.2% of the money, so the price has to rise 0.2% just to break even. The 10x futures round trip costs 1% of the margin, yet a 0.1% move covers it, because the profit is also counted on the 10,000. The same multiplication works against you the moment the price goes the other way.
How much more does 20x cost than 5x?
The rate does not change with leverage; the base it is charged on does. Same 200 USDT of margin, market orders in and out, price unchanged at exit, taker 0.05% each way:
| Leverage | Notional value | Round-trip fees | Share of margin | Price move needed to cover fees |
|---|---|---|---|---|
| 1x | 200 USDT | 0.20 USDT | 0.1% | 0.1% |
| 5x | 1,000 USDT | 1.00 USDT | 0.5% | 0.1% |
| 10x | 2,000 USDT | 2.00 USDT | 1% | 0.1% |
| 20x | 4,000 USDT | 4.00 USDT | 2% | 0.1% |
| 50x | 10,000 USDT | 10.00 USDT | 5% | 0.1% |
Read the last two columns separately. The price move needed to cover fees stays at 0.1% at any leverage, because profit and fees are both computed on the same notional value and grow together. What grows is the fee as a share of your margin: one round trip costs roughly the one-way rate × 2 × leverage. Ten round trips at 50x eat half the margin even if the price never moves.
Leverage does not make the rate more expensive. It hangs a bigger fee base on the same money, and traders who go in and out often at high leverage tend to watch fees wear down their capital before the market has decided anything.
Funding is not a trading fee
A fair share of people searching for futures fees have actually run into the funding rate. They are two different payments. The trading fee is what you pay the platform for executing an order. Funding on a perpetual contract is paid between long and short holders to pull the contract price back towards spot; it does not go to the exchange, and depending on which side you are on it can be paid to you.
Three differences cover most of it. The trading fee happens only at entry and exit, while funding recurs at fixed settlement times for as long as you hold. The trading fee always flows out of your account, while funding can flow either way. And this calculator covers the first only, so anyone holding overnight or for several days will understate the real cost by looking at fees alone.
On Binance (checked September 2026), most USDⓈ-M perpetuals settle funding every 8 hours, at 00:00, 08:00 and 16:00 UTC; some contracts settle every 4 hours, and Binance can shorten the interval when markets get extreme. The amount is position notional × funding rate, and it only applies if you hold the position at that exact moment, so a position closed a minute before settlement pays nothing. On a 2,000 USDT position, a funding rate of 0.01% (what Binance’s formula gives when the contract trades close to the index) moves 0.20 USDT per settlement, about 0.60 USDT a day on the 8-hour rhythm. The current rate and a countdown sit above the chart on the futures trading page, past rates are under [Data] → [Futures Data] → [Funding Rate History], and what you actually paid or received is listed as Funding Fee in the futures [Transaction History] tab.
How the BNB discount works
Binance lets you pay trading fees in BNB. On a regular account in September 2026 that takes 25% off spot fees (0.1% becomes 0.075%) and 10% off USDⓈ-M futures fees, and the calculator applies whichever fits when you tick the box. Three things decide whether you actually get it. The switch has to be on: in the app it is under [Account Center], the Settings icon at the top right, then [BNB Discount]; on the spot trading screen it is behind [...] → [Fee]. The BNB has to sit where the fee is charged, which for futures means transferring some into the futures wallet. And when the BNB balance runs short, Binance charges the full fee instead. The percentages are Binance’s to set and have changed before.
The referral rebate, and why it is calculated separately from the BNB discount
The referral rebate is the portion Binance returns to you under its own rules. It is a different thing from the BNB discount, which is why the two are calculated separately and not stacked in the wrong order. This tool applies the BNB discount first to bring the fee down, then calculates the referral portion on that already-reduced fee. Reverse the order, or simply add the two percentages together, and the number comes out too large and sets an expectation that will not hold. The tool uses about a fifth for both spot and futures, which is the ceiling for this site’s code. The rebate is paid as USDC into your Binance Spot account, and each payment shows up in your account’s transaction history.
VIP tiers: heavy traders pay less
The standard rate is where an ordinary account starts, not what everyone pays. Under Binance’s VIP rules (updated May 2026) there are three routes to VIP 1 and above, each with a BNB requirement. Trader VIP needs 1,000,000 USD of spot volume or 5,000,000 USD of futures volume over the last 30 days, plus an average of at least 5 BNB a day. Holder VIP needs an average of 100,000 USDT-equivalent held over 30 days, plus 5 BNB. A third route is based on crypto loans. Higher tiers get lower maker and taker rates. Someone trading a few thousand dollars a month is nowhere near these thresholds, so plan with the VIP 0 rates in the calculator. To see your own level, open Binance’s fee page while logged in and scroll to the [Fee Rate] section.
Where to confirm the real numbers
Two places show your own numbers. The Binance fee schedule, opened while you are logged in, shows your VIP level and rates in its [Fee Rate] section, with futures on a separate tab. And every filled order lists the fee charged on that trade in the order or trade history, which is the figure to hold against this calculator. If yours comes in about 25% lower on spot or 10% lower on futures, the BNB discount is working; a bigger gap usually means a promotion or a VIP tier.
FAQ
Is the futures fee charged on margin or on notional value?
On notional value, which is margin times leverage. Put in 200 USDT at 10x and the fee is charged on 2,000 USDT, once at entry and once at exit. At Binance’s standard taker rate of 0.05% (September 2026), market orders both ways cost about 2 USDT, roughly 1% of the margin; the same money at 50x costs about 10 USDT per round trip, 5% of the margin. Your own rate is listed in the [Fee Rate] section of Binance’s fee page.
Why is my real fee different from this estimate?
Because this tool uses Binance's published standard rates, so it cannot see your actual account. Your real rate depends on your VIP tier, whether you pay with BNB, any promotion running at the time, and the specific futures rules, all of which can pull the number away from this estimate. Treat it as a sense of scale, and check your Binance order page for the real figure.
Do the BNB discount and referral rebate stack?
You can benefit from both, but not by adding the two percentages together. This tool applies the BNB discount first to lower the fee, then calculates the referral portion on the already-reduced fee, two separate steps in order. Adding them directly, or running them in the wrong order, produces a number that is too large. What you actually save is whatever the rules on Binance's page work out to.
Is futures cheaper than spot?
Do not assume so. A spot fee is charged on the trade value while a futures fee is charged on notional value, so comparing the two rates head to head does not mean much. Futures use leverage, which inflates the notional, so the same starting capital can carry a larger fee and larger risk, plus extra costs like funding and liquidation. On the rate alone, the 0.05% futures taker fee is half the 0.1% spot fee, but at 10x it is charged on ten times the money.
Does this tool use live data?
No. It does not pull live prices or fees from Binance. It uses Binance’s standard rates for regular accounts as checked in September 2026: spot 0.1%, USDⓈ-M futures 0.02% maker and 0.05% taker. If Binance changes them, or your account sits on a VIP tier, the result will be off by that difference.
How often is the Binance funding fee charged?
On most USDⓈ-M perpetual contracts, every 8 hours at 00:00, 08:00 and 16:00 UTC; some contracts settle every 4 hours, and Binance can shorten the interval in extreme volatility. You pay or receive position notional × funding rate, and only if you hold the position at the settlement moment. It is separate from the trading fee and shows up as Funding Fee in the futures Transaction History.
Is there a Binance discount code for trading fees?
Not in the coupon sense. A referral code entered when the account is created can return part of your trading fees under Binance’s referral rules, up to about a fifth on both spot and futures. Paying fees in BNB takes 25% off spot and 10% off USDⓈ-M futures, and VIP tiers lower the rate for heavy traders. The code normally has to go in at sign-up; our sign-up walkthrough shows where.
Fang Yu is the editor of FutureLens, turning published papers, official materials and public explanations into plain-language notes. He is most interested in the gap between a technology’s public pitch and the evidence a careful reader can actually check. More about the author