MEXC vs Phemex fees
MEXC charges 0.000% maker and 0.020% 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.
Rates, product coverage, and discount conditions are below. Run the matching profile in the FeeEdge calculator. How the books are sourced is on the methodology page.
Fee comparison
| Perps maker | 0.000%* | 0.010%† |
| Perps taker | 0.020%* | 0.060%† |
| Spot maker | 0.000% | 0.100% |
| Spot taker | 0.050% | 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.
* MEXC: Published UI base is 0% maker / 0.02% taker as of 31 Aug 2026. That pair is not a universal schedule. MEXC's fee page says rates may vary with platform events or user region; check your trade history. The 25 May 2026 BTCUSDT, BTCUSDC, ETHUSDT, and ETHUSDC update is region-gated. API futures use a separate 0.06% maker / 0.08% taker book that takes precedence over website and app rates.
† Phemex: Higher VIP rates also depend on API-volume eligibility: VIP 1 and above require API volume at most 20%. These tiers are excluded from the volume-only calculator. Confirm your actual fee schedule in your account.
Which is cheaper?
At $100k in monthly volume with an even maker/taker split, MEXC costs $10.00/month, about $25.00 less on perpetual futures. On spot, MEXC costs $25.00/month, about $75.00 less. These examples use published entry-tier rates before funding, volume tiers, maker rebates, and native-token discounts.
Monthly cost examples
| Profile | MEXC | Phemex | Difference |
|---|---|---|---|
| Perps · $25k/month · 25% maker | $3.75 | $11.88 | $8.13 |
| Perps · $250k/month · 50% maker | $25.00 | $87.50 | $62.50 |
| Spot · $25k/month · 50% maker | $6.25 | $25.00 | $18.75 |
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 |
|---|---|---|
| MEXC | -0.0026% | -2.8% |
| Phemex | +0.0043% | +4.8% |
At this snapshot, MEXC 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. A missing cell means FeeEdge has no BTC perpetual snapshot for that venue, not a zero rate.
Funding last refreshed Oct 22, 2026, 4:25 AM UTC. BTC perpetual only.
Official fee sources
- MEXC official fee schedule
- MEXC 25 May 2026 BTC/ETH futures update (region-gated)
- MEXC 1 Jun 2026 API futures fee book
- MEXC Alpha Trader tiers (volume thresholds, no maker/taker column)
- Phemex official futures fees
- Phemex official spot fees
Trading-fee verification: MEXC August 31, 2026. Phemex August 31, 2026. Token-discount last check: August 17, 2026. Fee schedules can vary by product, region, promotion, and account tier. Check the exchange page before placing a trade.
If a venue publishes a split token cut, the futures figure applies to perpetual fees. The spot figure does not.
Want the full picture on either venue? See MEXC fees and Phemex fees.
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FAQ
Is MEXC cheaper than Phemex?
On base-tier perpetual futures, MEXC has the lower taker fee (0.020% vs 0.060%). On spot, MEXC has the lower taker fee (0.050% vs 0.100%). Your actual cheapest venue depends on your monthly volume and maker/taker mix, so check it in the calculator.
What are MEXC's trading fees?
MEXC charges roughly 0.000% maker / 0.020% taker on perps and 0.000% maker / 0.050% taker on spot at the entry tier.
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.