Exchange Fee Comparison
What a trade of a given size costs in fees on four major exchanges, for spot and perpetuals, as maker or taker, one way or round trip.
Fee per exchange
| Exchange | Spot rate | Spot fee | Perps rate | Perps fee |
|---|---|---|---|---|
| Binance | ||||
| Bybit | ||||
| OKX | ||||
| Kraken |
Cheapest spot
——
Cheapest perps
——
How it works
Fee is notional × rate, doubled for a round trip because you pay once to open
and once to close. Rates are the exchanges' published standard-tier maker/taker schedules
(no VIP, no token discount), last checked 2026-09-16. "Perps" means USDT-margined
perpetual futures. Kraken figures are for Kraken Pro; Binance figures are for
Binance.com, not Binance.US.
FAQ
- What is the difference between maker and taker?
- A maker order rests on the order book (a limit order that does not fill immediately) and adds liquidity; a taker order fills against the book straight away (market orders, or limit orders that cross the spread). Exchanges charge takers more because they consume liquidity.
- Why does the round-trip fee matter more than the per-trade fee?
- Every position is opened and closed, so you pay the fee twice. A 0.1% taker fee is really a 0.2% cost on the notional before you make anything, which sets the minimum move a trade needs to break even.
- Are these the fees I will actually pay?
- They are the published standard-tier rates with no token or volume discounts. Holding the exchange token, higher 30-day volume, or a regional platform can lower them. Check the current schedule on your exchange before relying on a number.
Related: Position size · Liquidation price · Funding rate · All tools
Not financial advice. Exchanges change fee schedules; verify on the exchange before trading.