Trading Basics

Maker and Taker fees explained

Maker fee / Taker fee

Quick definition: A Maker is a resting (limit) order that adds liquidity to the order book; a Taker is an order that fills immediately (market) and removes liquidity. Taker fees are usually higher than Maker fees.

Placing a limit order that waits to fill is usually charged the lower Maker fee. Placing a market order that fills immediately incurs the Taker fee.

On futures, fees are charged on the position value (after leverage), so high leverage makes fees much larger relative to your capital.

A common example: Maker 0.02%, Taker 0.05% on Binance Futures. Actual fee rates vary by exchange and account tier.

💡 Example

100 USDT margin, 20x leverage, a 2,000 USDT position. Entering and exiting with market orders at a 0.05% fee: total fees of 2 USDT, or 2% of your capital.

📊 Calculate PnL after fees →

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Educational content for reference only, not financial advice. Leveraged trading carries the risk of losing your entire capital.