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.
| 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.
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 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.
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.
Model your own volume and split in the fee calculator.