The lowest headline rate is not always the lowest net cost. Compare product, maker/taker mix, account tier, eligible fees and other costs on identical assumptions.
What changes the answer
Choose one market and one quote currency before comparing venues. Keep executed volume, maker share and eligibility assumptions constant. Check your own account tariff rather than applying a logged-out rate or a rate from another country. The source date matters as much as the percentage.
The product table shows the published snapshots for the active exchanges; it is not a live personal quote or a cheapest-exchange ranking. The benchmark extends those snapshots to three volumes and three maker mixes and provides downloadable scenario data. Recheck actual account fees before using any scenario.
Compare fees paid, eligible fees, estimated cashback and the remaining trading fee as separate columns. Add funding, spread, slippage, borrowing and transfer costs separately when relevant. An exchange with a larger cashback percentage can still have a higher total cost.
100,000 USDT: a worked fee example
Assume 100,000 USDT total executed volume, 0.02% maker fee, 0.06% taker fee, 75% of paid fees eligible, and a hypothetical 30% service share. These inputs belong to no named exchange. Cashback = eligible fees × share; net trading fee = fees paid − cashback. If eligible fees are zero, cashback is zero. A smaller cashback amount can accompany a lower total cost.
| Maker share | Fees paid (USDT) | Eligible fees (USDT) | Cashback (USDT) | Net trading fee (USDT) |
|---|---|---|---|---|
| 0% | 60 | 45 | 13.5 | 46.5 |
| 50% | 40 | 30 | 9 | 31 |
| 100% | 20 | 15 | 4.5 | 15.5 |
Calculate the cost on the same basis
Compare the same product, pair, country, VIP tier and execution assumptions. Trading volume counts executed buys and sells; do not double it again if both sides are already included. Fee cashback covers approved eligible trading fees, not funding, spread, slippage, liquidation, borrowing or withdrawal costs. An estimate is not a payment or a guarantee of eligibility.
Calculate your cashbackPublished fee snapshot by product
Published fee snapshot; not a newly verified live quote. Confirm the current account tariff at the official source.
| Exchange | Product | Maker fee (%) | Taker fee (%) | Fee source date | Official source |
|---|---|---|---|---|---|
| Bybit | Spot | 0.1 | 0.1 | Bybit | |
| Bybit | Futures | 0.02 | 0.055 | Bybit | |
| OKX | Spot | 0.08 | 0.1 | OKX | |
| OKX | Futures | 0.02 | 0.05 | OKX | |
| Bitget | Spot | 0.1 | 0.1 | Bitget | |
| Bitget | Futures | 0.02 | 0.06 | Bitget | |
| MEXC | Spot | 0 | 0.05 | MEXC | |
| MEXC | Futures | 0.01 | 0.04 | MEXC |