Deveab Blog

Frequently Asked Questions About Trading Fee Rules

Written by

deveab

in

1. What’s the Difference Between Taker and Maker Fees?

A taker order executes immediately against existing orders in the order book and incurs a taker fee.

A maker order (e.g., limit orders) adds liquidity to the market by waiting to be matched. Maker fees are typically lower than taker fees to incentivize liquidity provision.

👉 Learn how to optimize your trading strategy with maker orders

2. How to Check Your Current Fee Tier and Rates

  • Log in to your account and navigate to:
  • User Center > Profile & Settings > Trading Fee Tier
  • Trading Page > “More” > “Fee Rules”
  • View your current tier and the fee schedule for all trading pairs.

Example:
markdown
| Tier | Spot Maker Fee | Spot Taker Fee | Futures Maker Fee | Futures Taker Fee |
|------|----------------|----------------|-------------------|-------------------|
| VIP1 | 0.08% | 0.10% | 0.02% | 0.05% |

3. How Trading Fees Are Calculated

Spot/Margin Trading

  • Fee = Fee Rate × Executed Order Amount
  • Example: Buying 1 BTC at $20,000 as a taker (0.1% fee) = 0.001 BTC fee.

Futures Trading

  • USDT-Margined Contracts:
    Fee = Fee Rate × (Contracts × Multiplier × Contract Size × Fill Price)
  • Coin-Margined Contracts:
    Fee = Fee Rate × (Contracts × Multiplier × Nominal Value / Fill Price)

Options Trading

  • Fee = Minimum of:
  • Fee Rate × Multiplier × Contract Size × Contracts
  • 12.5% × Premium × Multiplier × Contract Size × Contracts

4. How to Review Fees for Past Orders

  1. Web:
  2. Go to Order History > Select “Details” > Hover over “Fee” for breakdown.
  3. App:
  4. Trade > My Trades > Order History > Check “Execution Details.”

👉 Discover advanced fee analytics tools

5. How Fee Tiers Are Determined

Your tier depends on:
– 30-Day Trading Volume (Spot, Futures, Options)
– Asset Holdings (e.g., OKB holdings)
– VIP Status (for high-volume traders)

Pro Tip: Achieve higher tiers to unlock lower fees.

6. FAQs

Q: Are there fees for forced liquidation?

A: Yes, charged at your current taker fee rate.

Q: Why do realized profits differ from floating profits?

A: Realized profits deduct trading fees and funding costs.

Q: How are spread trading fees calculated?

A: Spread fees are 50% lower than classic order book fees.

Q: Do opening/closing futures positions have different fees?

A: No—fees depend on whether you’re a maker or taker, not position direction.

Q: How can I reduce my trading fees?

A: Increase trading volume, hold OKB, or use maker orders.

Key Takeaways

  • Maker orders = Lower fees.
  • Check your fee tier regularly.
  • Fees vary by instrument type (Spot, Futures, Options).

For real-time fee updates, visit OKX Trading Fee Hub.

More posts