Spot Trading Fee Structure & Fee Calculations
Currently, the Perpetuals trading fee structure on edgeX is as follows.
| VIP Tier | 14-Day Trading Volume | Perpetuals Maker/Taker | Spot Maker/Taker |
|---|---|---|---|
| Non-VIP | < $10,000,000 | 0.018% / 0.038% | 0.040% / 0.070% |
| VIP 1 | >= $10,000,000 | 0.015% / 0.036% | 0.035% / 0.060% |
| VIP 2 | >= $25,000,000 | 0.012% / 0.034% | 0.030% / 0.050% |
| VIP 3 | >= $100,000,000 | 0.008% / 0.030% | 0.025% / 0.040% |
| VIP 4 | >= $500,000,000 | 0.004% / 0.028% | 0.020% / 0.035% |
| VIP 5 | >= $2,000,000,000 | 0.002% / 0.026% | 0.010% / 0.030% |
| VIP 6 | >= $7,000,000,000 | 0.000% / 0.024% | 0.000% / 0.025% |
Different VIP tiers are subject to varying fees. Please refer to the VIP page
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.
Heads up: A limit order may not always qualify for Maker fees. If your limit price is better than the market price, it will execute as a Taker.
You need to pay a trading fee for every successful trade on Binance Spot. Learn more about the trading fee rates here.
How are trading fees calculated?
Trading fees are always charged in the asset you receive. For example, if you buy ETH/USDC, the fee is paid in ETH. If you sell ETH/USDC, the fee is paid in USDC.
For example, you’re a Non-VIP user and the fee rate is 0.040%. You place an order to buy 10 ETH for 3,452.55 USDC each.
Trading Fee = 10 ETH (Amount of Receiving Token) * 0.040% (Fee Rate) = 0.004 ETH
After that, you place an order to sell 10 ETH for 3,452.55 USDC each:
Trading Fee = (10 ETH * 3,452.55 USDC) * 0.040% = 13.8102 USDC
*Fees may vary depending on your VIP level. Please refer to the VIP Page for more details.