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.
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 19 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.
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 | +0.0097% | +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.
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
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 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.