Binance Futures Fees Explained
Trading crypto with leverage on Binance comes with its own fee structure. Here is exactly how futures fees work in 2026 — and how to cut them with referral code SHZB888.
Standard USD-M futures fees
| Market | Maker | Taker | Note |
|---|---|---|---|
| USD-M Futures | ~0.02% | ~0.04% | Settled in USDT; most popular |
| COIN-M Futures | ~0.02% | ~0.05% | Settled in the underlying coin |
Rates are approximate standard (VIP 0) levels and drop when you pay with BNB or reach higher VIP tiers. Always confirm on Binance's official fee schedule.
How maker and taker work
A maker order is a limit order that rests on the book and adds liquidity — it earns the lower maker rate. A taker order executes immediately against existing orders and pays the higher taker rate. If you place a limit order that fills instantly, it may be charged as a taker.
Don't ignore funding fees
Perpetual futures also carry a funding rate, exchanged between longs and shorts every few hours. Funding is paid peer-to-peer (not by Binance) and is not discounted by a referral code — so a position held for days can cost more in funding than in trading fees.
Futures vs spot: which is cheaper?
Per trade, futures are usually cheaper (0.02%–0.04% vs spot's ~0.1%). But leverage multiplies your notional, so the cost relative to your own margin can be larger. A 10x round trip at 0.04% taker is about 0.4% of your margin each way. See our Binance Spot vs Futures Fees guide for the full comparison.
Lower your futures fees with SHZB888
Three levers reduce what you pay: use maker orders, pay fees in BNB, and — the easiest — apply referral code SHZB888 at sign-up for a flat 20% rebate on trading fees across both spot and futures.
Related guides
- How to Reduce Binance Trading Fees
- Binance Spot vs Futures Fees
- Binance Referral Code (SHZB888)
- Home
Frequently Asked Questions
What is the standard Binance futures fee?
At the regular VIP 0 level, USD-M futures cost about 0.04% taker and 0.02% maker per trade. Rates drop when you pay with BNB or reach higher VIP tiers.
Does referral code SHZB888 lower futures fees?
Yes. SHZB888 gives a 20% discount on Binance trading fees, and it applies to both spot and futures markets.
How to estimate your real futures cost
The fee table is only one term in a futures cost calculation, and for anyone holding a position for more than a day it is often the smallest term. Here is a complete way to estimate what a position actually costs you.
Step one: the trading fee. Take your total traded notional, multiply by the taker rate of 0.05% (or 0.04% with the referral rate). A position opened and closed at $10,000 each way is $20,000 of notional, so the fee is $10 at standard rate or $8 with the code.
Step two: funding. Multiply notional by the funding rate for every funding window you hold through. At 0.01% per 8 hours, holding $10,000 for seven days costs about $2.10 in funding; at 0.03% it costs about $6.30.
Step three: the spread. The difference between the price you paid and the mid-market price. On a $10,000 position with a 0.05% spread that is $5 each way.
| Position | Fee (standard) | Fee (with code) | Funding, 7 days @0.01% | Total, standard | Total, with code |
|---|---|---|---|---|---|
| $5,000, 1 day | $5.00 | $4.00 | $0.15 | $5.15 | $4.15 |
| $10,000, 7 days | $10.00 | $8.00 | $2.10 | $12.10 | $10.10 |
| $10,000, 30 days | $10.00 | $8.00 | $9.00 | $19.00 | $17.00 |
| $50,000, 30 days | $50.00 | $40.00 | $45.00 | $95.00 | $85.00 |
Read the last two rows carefully. Over a month, funding exceeds the trading fee on anything above roughly $10,000 of notional. At $50,000 held for a month, funding is nearly half the total cost — and no referral code reduces it, because it is a market mechanism rather than a fee Binance charges.
This is why position size and holding period are fee decisions as much as they are risk decisions. A strategy with a 60% win rate that holds for a month can still lose money to funding on a large position, and shrinking the position is often the correct fix. See the spot vs futures breakdown for why spot is the cheaper side to hold on, and how maker and taker fees differ for cutting the trading-fee term.
Frequently asked questions
What is the Binance futures maker and taker fee?
At the standard tier, futures maker is 0.02% and futures taker is 0.05%. With the referral code they become 0.016% and 0.04%. Futures maker is 60% cheaper than futures taker, which is a much bigger gap than spot has.
Are futures fees lower than spot fees?
Yes — maker futures at 0.02% is a fifth of the standard spot rate of 0.1%. But funding costs can more than offset that on positions held over several days, so the honest comparison is all-in cost rather than headline rate.
How is funding fee calculated?
It is the funding rate at each eight-hour window multiplied by your position notional. At 0.01% per window on a $10,000 position that is $0.30 per window, roughly $2.10 a week and $9 a month.
What happens if I hold a futures position for a long time?
You accumulate funding either paying or receiving it depending on the rate. Over a month, funding on a $10,000 position can exceed the total trading fee. Position size and holding period are therefore cost decisions, not just risk decisions.
Do futures fees have a minimum?
Fees are charged on the traded notional with no separate fixed minimum on Binance futures, but on very small positions the absolute amount rounds to a trivial figure. Check the current schedule on the exchange's own fee page for the exact terms.