In this article, we focus on the crypto derivative exchanges with the lowest fees for futures and perpetual.
We will cover some of the largest and top Bitcoin and crypto trading sites like Kucoin, Binance, and Bybit.
What are crypto future trading fees?
Crypto future trading fees are a percentage of the total trading amount per trade to open a trade.
However, the fee schedule varies, and you will pay different crypto futures and perpetual fees on other platforms.
Also, the exchanges are using different strategies for giving discounts and rebates on your trading fees, as described in the questions below.
Can I get lower crypto fees and discount with a referral code?
Yes! Some exchanges offer us to share our commission with our readers. Binance, Kucoin, Bitget and Gate.io are some examples where you get about -20% on spot trading fees when you sign up via Cryptocointrade.
Can I get lower crypto futures trading fees if I pay with the native token?
Yes! At least for Binance. They offer -10% off all futures trading fees if you pay with the BNB token.
Can I get lower crypto futures trading fees if I hold the native coin in my balance?
Yes! Some crypto exchanges offer you lower future trading fees if you hold their native token in your balance. Often you increase your VIP level by having the native coin, and another way to increase the VIP level is to increase your 30-day average trading volume.
Binance, Kucoin, and Gate.io are examples where you can increase your VIP status by holding their native token in your balance.
Can I get lower crypto futures trading fees by have a large balance?
Yes! Some crypto exchanges, for example, Bybit and Bitget, offer you to climb VIP levels by holding a large number of assets in USD-terms on your account.
Crypto Derivative Exchanges with the Lowest Fees for Futures and Perpetuals
So, which crypto derivative exchange is offering the best and most competitive fees for future and perpetual trading.
The short answer is Binance, especially if you trade their futures and perpetuals denominated in BUSD.
Let’s break it down, exchange by exchange.
*Highest futures and perpetual trading fees
**Lowest futures and perpetual trading fees. You can get even lower by trading BUSD-denominated futures and perpetual on Binance.
Binance Futures and Perpetuals Trading Fees
First of all, Binance has two different futures and perpetuals and they charge different fees for those.
There are USDT denominated and BUSD denominated futures and perpetuals.
In the screenshot below, you can compare the USDT and BUSD denominated futures maker and taker fee.
Also, you see the requirements for the different VIP levels. Here, you can either trade a certain amount or hold a certain amount of BNB in your account to reach the different VIP levels.
- To reach different Binance VIP levels, you can either meet the trading volume requirement or meet the BNB balance requirement.
- On Binance, you can trade either USDT or BUSD denominated futures. On most platforms you can only trade USDT denominated futures.
- In addition, you can pay your fees with the Binance Coin BNB to get -10% on all fees.
Bybit Futures and Perpetuals Trading Fees
Balance: Include all balances on Bybit Earn
Derivative Volume: Excluding all USDC collateralized contracts
*% of Bybit´s total derivative trading volume during the past 30 days (excluding USDC collateralized contracts)
The best part is you only need to meet the wallet balance or one of the trading volume requirements (if applicable) to be eligible for the corresponding fee tier.
OKX Futures and Perpetuals Trading Fees
- R1-R5: Regular users are categorized into tiers by their total OKB holdings.
- V1-V8: VIP users are categorized by 30-day trading volumes OR daily asset balances. Tiers are updated daily.
Bitget Futures and Perpetuals Trading Fees
MEXC Futures and Perpetuals Trading Fees
Kucoin Futures and Perpetuals Trading Fees
Kucoin futures and perpetual trading fees are very competitive against other cryptocurrency sites. Kucoin is one of the best Bitcoin and crypto futures trading platforms for US customers.
Kucoin trading fee levels are dependent on one of these
- Kucoin KCS holding amount the last 30 days or
- Your spot trading volume lasts 30 days (Denominated in BTC)
- Your futures trading volume lasts 30 days (Denominated in BTC)