Binance vs Phemex fees
Binance charges 0.020% maker and 0.050% taker on perpetual futures. Phemex charges 0.010% maker and 0.060% taker. The tables below compare their published entry-tier fees, live BTC funding when available, and example monthly costs. Your result can change with volume, order mix, and discounts.
Fee comparison
| Perps maker | 0.020% | 0.010% |
| Perps taker | 0.050% | 0.060% |
| Spot maker | 0.100% | 0.100% |
| Spot taker | 0.100% | 0.100% |
Rates shown are published base-tier estimates and may change, so always confirm on the exchange. Maker = limit orders that add liquidity (cheaper); taker = market orders that remove it.
Which is cheaper?
At $100k in monthly volume with an even maker/taker split, Binance and Phemex tie at $35.00/month on perpetual futures. On spot, Binance and Phemex tie at $100/month. These examples use published entry-tier rates before funding, volume tiers, maker rebates, and native-token discounts.
Monthly cost examples
| Profile | Binance | Phemex | Difference |
|---|---|---|---|
| Perps · $25k/month · 25% maker | $10.63 | $11.88 | $1.25 |
| Perps · $250k/month · 50% maker | $87.50 | $87.50 | $0.00 |
| Spot · $25k/month · 50% maker | $25.00 | $25.00 | $0.00 |
Those $25k and $250k cases are ranked across every venue on the $25k/month and $250k/month profiles.
Trading-fee estimates only. Perpetual-futures funding, spread, slippage, and withdrawal costs are separate.
Current BTC perpetual funding
| Exchange | Rate per 8h | Simple annualized rate |
|---|---|---|
| Binance | +0.0097% | +10.6% |
| Phemex | +0.0054% | +5.9% |
At this snapshot, Phemex has the lower recorded funding rate for a long position. Positive funding usually means longs pay shorts; negative funding means shorts pay longs. Rates can change before the next settlement.
Funding last refreshed Aug 30, 2026, 1:16 PM UTC.
Native-token discount impact
- Binance's listed BNB discount is 25%. At $250k/month with a 50/50 perps order mix, applying it to the published trading rate would reduce the modeled fee bill by about $21.88/month.
Token eligibility and product coverage vary. Confirm the current terms with the exchange.
Official fee sources
- Binance official futures fees
- Binance official spot fees
- Phemex official futures fees
- Phemex official spot fees
Fee schedules can vary by product, region, promotion, and account tier. Check the exchange page before placing a trade.
Want the full picture on either venue? See Binance fees and Phemex fees.
Open an account
This is an affiliate link, and FeeEdge may earn a commission at no extra cost to you.
FAQ
Is Binance cheaper than Phemex?
On base-tier perpetual futures, Binance has the lower taker fee (0.050% vs 0.060%). On spot, both charge 0.100% taker. Your actual cheapest venue depends on your monthly volume and maker/taker mix, so check it in the calculator.
What are Binance's trading fees?
Binance charges roughly 0.020% maker / 0.050% taker on perps and 0.100% maker / 0.100% taker on spot at the entry tier, with discounts if you pay fees with BNB.
What are Phemex's trading fees?
Phemex charges roughly 0.010% maker / 0.060% taker on perps and 0.100% maker / 0.100% taker on spot at the entry tier.