Fee comparison calculator
The headline rate is not what you pay. Real cost turns on three things: which volume tier you sit in, how much of your flow rests on the book, and whether you use the platform token and a referral code. At the same volume the three venues can differ by tens of thousands of USDT a year. The table below works all of it out at once.
Fee comparison calculator
| Exchange | Cost / year | Cost / month | Blended | Maker | Taker | Tier |
|---|---|---|---|---|---|---|
|
Binance cheapest incl. BNB discount |
4,428 | 369 | 3.690 | 1.800 | 4.500 | 0 (from 0) |
| OKX | 4,920 | 410 | 4.100 | 2.000 | 5.000 | 1 (from 0) |
| Bybit | 5,340 | 445 | 4.450 | 2.000 | 5.500 | 0 (from 0) |
bps — Discounts compound multiplicatively: the token discount reduces the fee charged, and the referral rebate returns a share of what remains. Blended rate = maker rate × maker share + taker rate × (1 − maker share).
Holding OKB raises your OKX fee level rather than applying a flat discount, so no discount multiplier is used for it.
Fee tiers are maintained from each venue's published schedule. Where read-only credentials are configured, the schedule is cross-checked against the account's observed rate. Referral discounts can vary by affiliate tier. Last checked:
Frequently asked
These questions connect published schedules to realised trading cost and identify execution costs that do not appear in a fee table.
Why does the maker share matter so much?
On futures the taker rate is typically two to three times the maker rate. Someone trading entirely with market orders can pay more than double what someone resting limit orders pays at the same volume. It is the most improvable line in a trader's cost, and the most commonly ignored.
Does a referral code change the fees I pay?
It can, but by how much is set by each venue's affiliate policy, and every one of them reserves the right to change it. No discount rate is assumed anywhere in this calculation — the table above uses each venue's published schedule, and the rate shown on the exchange when you sign up is what governs.
Why does my actual rate differ from this?
Three usual reasons: tiers can depend on asset balance or token holdings as well as volume; some venues run promotional rates on specific pairs; and account-specific offers may not appear in the public schedule. IEPTO maintains tiers from published schedules and, where read-only credentials are available, cross-checks them against the observed account rate. The check time is shown below the table; your account page remains authoritative.
Do opening and closing count as one fee or two?
A complete trade has at least two fills—one to open and one to close—and each contributes volume and incurs its own fee. Scaling in, taking partial profit or reducing a position creates more fills. Because this calculator takes total 30-day turnover, enter the notional of every executed buy and sell rather than only the initial position value.
Does a lower maker rate mean limit orders are always cheaper?
No. A resting order may not fill or may miss the market while waiting in the queue; a taker order costs more in fees but removes that waiting-price risk. The useful comparison is total execution cost: fees, spread, slippage and the opportunity cost of not filling. This calculator quantifies only the part that can be verified from published schedules.