USDT-Perp Fees at VIP 0, Verified: Six Exchanges Compared

PerpAtlas Research · July 18, 2026 · Each figure checked against the exchange's official fee page or public API

Fee tables are the most copied — and most frequently wrong — numbers in crypto content. While building our fee calculator we verified every base-tier (VIP 0 / regular user) USDT-perpetual fee against an official source, and two of the six "commonly known" numbers turned out to be wrong in most third-party comparisons:

• Binance taker is 0.04%, not the widely quoted 0.05% (confirmed via the official fee schedule and the API's takerCommissionRate = 0.0004).
• Gate pays makers a rebate: maker fee is −0.01% (negative), with a taker fee of 0.075% — the highest taker and the only negative maker of the six (confirmed from Gate's public contract metadata, maker_fee_rate = −0.0001).

The verified table (VIP 0, USDT-margined perps)

Exchange	Maker	Taker
Binance	0.020%	0.040%
OKX	0.020%	0.050%
Bybit	0.020%	0.055%
Bitget	0.020%	0.060%
KuCoin	0.020%	0.060%
Gate	−0.010%	0.075%

Verified July 18, 2026. Base tier only — VIP/volume tiers, token-deduction discounts (e.g. paying fees in the exchange token) and promotional coupons are excluded. Fee schedules change; check the official page before relying on any third-party table, including this one.

What it costs at $1M monthly volume

Five of six venues charge the identical 0.02% maker fee, so the ranking is decided almost entirely by your taker share:

Maker share	Binance	OKX	Bybit	Bitget	KuCoin	Gate
0% (all taker)	$400	$500	$550	$600	$600	$750
30% maker	$340	$410	$445	$480	$480	$495
70% maker	$260	$290	$305	$320	$320	$155
100% maker	$200	$200	$200	$200	$200	−$100

Read the extremes: a pure taker pays Binance $400 and Gate $750 per $1M — nearly 2×. A pure maker pays everyone $200 except Gate, which pays you $100. The venue ranking flips completely between the first row and the last, which is why "which exchange is cheapest" has no answer without knowing your order-type mix. (We work through the Gate crossover math in a separate piece — the break-even maker share is 34–54% depending on the venue you compare against.)

Fees are half the story — funding is the other half

At VIP 0, holding a position costs you funding as well, and that cost routinely dwarfs execution fees. A 0.01% per-8h funding rate is ~11% APR; on $100k of open interest that's ~$30/day — versus a one-off $40–75 to open the position with a taker order. And funding now settles every 1–4 hours on the majority of contracts, which changes the annualized math per venue: see our interval census and the live cross-exchange monitor.

Practical takeaways

• If you mostly hit the ask, Binance's 0.04% taker is the lowest base-tier price of the six.
• If more than ~half your flow is passive, Gate's maker rebate makes it the cheapest — if the coin you trade is liquid enough there to get filled.
• Identical 0.02% maker fees elsewhere mean limit-order discipline is worth the same at any of the five — a 30-point improvement in maker share saves more than any venue switch.
• Always re-verify fees from the official schedule; two of six were misreported across most comparison sites we checked.