Futures fees are more complex than spot — beyond trading fees, there's the funding rate. sign up for Binance then download the Binance APP to check rates on the futures page.
Trading Fees
Base Rates (USDT-Margined)
- Maker: 0.02%
- Taker: 0.05%
Lower than spot's 0.1%, but leverage amplifies the actual dollar amount.
Calculation
Fee = Position Value × Rate
Example: 10x leverage, 100 USDT margin = 1,000 USDT position.
- Open (Taker): 1,000 × 0.05% = 0.5 USDT
- Close (Taker): 0.5 USDT
- Total round-trip: 1 USDT
Note: Fees are based on position value, not margin. Higher leverage = higher fee relative to your capital.
Funding Rate
Concept
Unique to perpetual contracts, settled every 8 hours. Based on market long/short ratio, one side pays the other.
- Positive rate: Longs pay shorts
- Negative rate: Shorts pay longs
Calculation
Funding Fee = Position Value × Current Rate
10,000 USDT position at 0.01% rate = 1 USDT per settlement.
Close before settlement time to avoid the fee.
Reducing Futures Fees
BNB Deduction
10% discount on trading fees.
VIP Levels
Higher volume = lower rates. Top VIPs get negative Maker rates (rebates).
Use Limit Orders
Maker rate (0.02%) is much lower than Taker (0.05%).
Monitor Funding Rate
If the rate is high and against you, consider closing before settlement.
Cost Impact
10 trades daily, 1,000 USDT each:
- Daily: 10 × 1,000 × 0.05% × 2 = 10 USDT
- Monthly: 300 USDT (excluding funding rate)
Control trade frequency and use limit orders to keep costs down.
Summary
Futures fees are based on position value: Maker 0.02%, Taker 0.05%. Perpetual contracts also have 8-hourly funding rates. Limit orders and BNB deduction help reduce costs.