Maker vs taker fees: execution, blended rates and cashback

A maker adds resting liquidity; a taker fills against existing orders. A limit order can be either. The volume-weighted mix determines paid fees before eligible cashback.

What changes the answer

The execution determines the classification. A limit order that crosses the book can be a taker, while a resting limit order may fill as a maker. A partially executed order can contain different fills. Read each fill’s classification rather than treating every limit order as maker.

For a single product and tariff, weighted fee rate = maker volume share × maker rate + taker volume share × taker rate. Multiply by total executed volume, dividing percentage rates by 100. If tariffs or products differ, calculate each bucket separately and add the amounts.

Cashback is applied after identifying eligible fees. A maker-heavy mix can reduce both gross fees and the absolute refund. Post-only handling may cancel an order instead of executing it immediately; lower fee rates do not guarantee fills, better prices or a profitable strategy.

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.

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.