USDT-Perp Fees at VIP 0: How Little the Venue Actually Matters
We verified every base-tier (VIP 0 / regular user) USDT-perpetual fee against the exchange's own fee schedule. The headline finding is how uniform they are: every major venue charges the same 0.02% maker fee, and takers pay 0.05–0.06%. At the base tier the cheapest and most expensive venue are separated by a single basis point of taker fee — a rounding error next to funding.
The verified table (VIP 0, USDT-margined perps)
| Exchange | Maker | Taker |
|---|---|---|
| Binance | 0.020% | 0.050% |
| OKX | 0.020% | 0.050% |
| Gate | 0.020% | 0.050% |
| Bybit | 0.020% | 0.055% |
| Bitget | 0.020% | 0.060% |
| KuCoin | 0.020% | 0.060% |
Verified July 18, 2026 against official fee pages/FAQs. Base tier only — VIP/volume tiers, token-deduction discounts (BNB, GT, etc.) and promotional coupons are excluded. Fee schedules change; confirm on the official page before relying on any table, including this one.
What it costs at $1M monthly volume
Every venue charges the identical 0.02% maker fee, so the ranking is set entirely by your taker share — and even then the spread is small:
| Maker share | Binance / OKX / Gate | Bybit | Bitget / KuCoin |
|---|---|---|---|
| 0% (all taker) | $500 | $550 | $600 |
| 30% maker | $410 | $445 | $480 |
| 70% maker | $290 | $305 | $320 |
| 100% maker | $200 | $200 | $200 |
Read the spread: a pure taker pays $500 on the cheapest venues and $600 on the priciest — a $100-per-$1M gap. A pure maker pays $200 everywhere. There is no venue on this list that is dramatically cheaper than another at VIP 0; the "which exchange is cheapest" question, so far as execution fees go, barely has teeth until you reach high VIP tiers where the ladders diverge.
The lever that actually moves your cost: maker share
The same table read vertically tells the real story. Going from 0% to 100% maker cuts your fee from $500–600 down to $200 per $1M — a bigger saving than any venue switch, on every exchange. If you care about execution cost, the highest-value change is working limit orders instead of crossing the spread, not hunting for a cheaper logo.
Fees are the small number — funding is the big one
At VIP 0, holding a position costs you funding as well, and for anything held beyond a day it dwarfs the fee. A 0.01% per-8h funding rate is ~11% APR; on $100k of open interest that's ~$30/day, versus a one-off $50–60 to open the position with a taker order. And funding now settles every 1–4 hours on most contracts, which changes the annualized math per venue: see our interval census and the live cross-exchange monitor.
Practical takeaways
- Base-tier perp fees are nearly uniform: 0.02% maker everywhere, taker 0.05–0.06%. Don't pick a venue on VIP-0 fees alone — the difference is at most $100 per $1M.
- Your maker/taker split is the real fee lever; a 30-point shift toward maker beats any venue swap.
- Funding is the dominant cost for held positions — optimize that on the monitor, not the fee table.
- Always re-verify against the official schedule — including against us. We corrected two of our own numbers on this page after cross-checking.
Model your own volume and split in the fee calculator.