Crypto trading has become more accessible than ever, but one thing holds true regardless of experience level: fees add up, especially when you're trading at any real size. Knowing what you're being charged, and how BloFin's fee structure works across different products, makes it easier to trade with a clear picture of your actual costs.
BloFin charges fees across three areas: trading (spot and futures), funding on open perpetual positions, and withdrawals. This guide breaks down each one, how it's calculated, and what to expect before you start trading.
BloFin fee overview: All rates at a glance
Here's an overview of the fees BloFin charges. The rates below apply to standard accounts. Traders who reach higher volume thresholds can unlock progressively lower rates through BloFin's VIP Program, which is worth knowing about if you're trading consistently.
Markets | Maker Fee Rate | Taker Fee Rate |
Futures | 0.0200% | 0.0600% |
Spot | 0.1000% | 0.1000% |
What are BloFin's trading fees for spot and futures?
BloFin's trading fees work differently depending on which market you're trading. Futures and spot have separate rate structures, and it's worth understanding both before you place your first trade.
Futures trading fees: Maker vs. taker
For futures, the fee you pay depends on whether your order is classified as a maker or a taker.
Taker orders fill immediately against existing orders on the book. Market orders are always taker orders, and so are limit orders aggressive enough to match the moment they're placed. You're removing liquidity from the market, and the fee reflects that.
Maker orders sit on the book and wait to be matched. A limit order placed below the current market price doesn't fill right away. It adds to the order book rather than drawing from it. Because you're contributing liquidity, BloFin charges a lower rate.
Futures order type | Fee rate |
Taker (market order) | 0.0600% |
Maker (limit order) | 0.0200% |
Here's how that plays out on a real trade. Say you buy 1 BTC futures contract at 40,000 USDT:
Market order (taker): 1 × 40,000 × 0.0600% = 24 USDT
Limit order (maker): 1 × 40,000 × 0.0200% = 8 USDT
That's a 16 USDT difference on a single trade. On a busy trading day with multiple positions opened and closed, consistently using market orders versus limit orders adds up meaningfully.
Spot trading fees
BloFin's spot market uses a flat fee of 0.1000% on both sides of every trade. Unlike futures, there's no maker/taker distinction on spot. The rate is the same whether your order fills immediately or sits on the book first.
Spot order type | Fee rate |
Taker (market order) | 0.1000% |
Maker (limit order) | 0.1000% |
One thing worth knowing: spot fees are always charged in the asset you receive. If you buy BTC/USDT, you receive BTC and the fee is deducted in BTC. If you sell BTC/USDT, you receive USDT and the fee is deducted in USDT.
Using 1 BTC at 40,000 USDT as an example:
Buying 1 BTC: fee = 1 BTC × 0.1000% = 0.001 BTC
Selling 1 BTC: fee = 40,000 USDT × 0.1000% = 40 USDT
High risk tokens
Certain tokens on BloFin's spot market are classified as high-risk assets and carry a higher flat fee of 0.2000% on both sides, double the standard spot rate. This category typically covers tokens with lower liquidity, smaller market caps, or higher price volatility, where wider spreads and thinner order books create more risk for the platform and for traders.
If you're planning to trade a less common token, check the BloFin fee schedule first to confirm which rate applies before placing your order.
What are funding fees and how do they affect your BloFin position?
Funding fees are one of the more commonly misunderstood costs in futures trading, and one of the more important ones to factor in before opening a leveraged position.
Funding fees don't go to BloFin. They're periodic payments exchanged directly between traders holding opposite sides of a perpetual contract. That said, they come out of your account balance on a regular schedule, and if you're holding a position for more than a few hours, the cumulative cost can affect your P&L in ways that aren't always obvious upfront.
How funding fees work
Funding fees are settled three times a day at 00:00, 08:00, and 16:00 UTC+8. At each settlement, BloFin calculates a funding rate based on the gap between the perpetual contract price and the underlying spot price. When the perpetual is trading above spot, long holders pay short holders. When it's trading below spot, the direction reverses.
Market condition | Funding direction | If you’re long | If you’re short |
Bullish (perp above spot) | Positive | You pay | You receive |
Bearish (perp below spot) | Negative | You receive | You pay |
Neutral | Near zero | Minimal impact | Minimal impact |
One practical point: if you close your position before a settlement window, no funding fee applies for that period. The fee is only charged to positions held at the time of settlement.
Calculation of funding fee
The formula is straightforward: Funding Fee = Notional Value × Funding Rate. Here's how that plays out over time:
Funding rate: 0.01% per settlement
Position size: $20,000 long
Hold period: 30 days
Calculation: 0.01% x $20,000 x 3 settlements per day x 30 days = $180
That's the funding cost on its own, before any gains or losses from price movement. During periods of elevated market activity, funding rates can run significantly higher than this baseline. Live rates are available on BloFin's funding rate page, and it's worth checking before entering any position you plan to hold for more than a day.
Does BloFin offer lower fees the more you trade?
Yes. BloFin's fee structure isn't fixed. It works on a tiered VIP system where maker and taker rates decrease as monthly trading volume or asset balance grows. At the top tier, futures maker fees drop to 0.0000%, meaning you're placing orders without paying a trading fee on the entry side at all.
Tiers are updated daily at 12:00 UTC, and qualifying is based on whichever of three criteria you meet first: 30-day futures trading volume, 30-day spot trading volume, or total assets held on BloFin. You only need to meet one.
How much does it cost to withdraw from BloFin?
BloFin charges a flat withdrawal fee that varies by asset and network. Depositing crypto is free across all supported networks.
One thing worth being aware of: USDT withdrawals via TRC-20 are almost always cheaper than ERC-20, sometimes by a meaningful margin. If you're moving stablecoins and the receiving wallet or exchange supports both networks, TRC-20 is generally the more cost-effective option. The exact fee for any withdrawal is shown on the confirmation screen before you commit, so you always have a chance to review the amount before it goes through.
Frequently asked questions
Does BloFin charge fees to deposit crypto?
No. Depositing crypto is free across all supported networks. You may see a network fee on the sending side depending on which blockchain you're using, but that's charged by the network, not BloFin.
What is BloFin's standard futures trading fee?
BloFin's standard futures maker fee is 0.0200% and the taker fee is 0.0600%. Traders at higher monthly volumes pay less through BloFin's VIP Program tiered system, with maker fees reaching 0.0000% at the highest tier.
Are BloFin's spot and futures trading fees the same?
No. Futures use a maker/taker structure: 0.0200% for maker orders and 0.0600% for taker orders. Spot uses a flat 0.1000% on both sides of every trade, regardless of order type.
Why did I pay more in fees than I expected?
The two most common reasons: the order filled as a taker rather than a maker (this happens with market orders, or with limit orders that matched immediately), or a funding fee was deducted from an open futures position. Trade fees and funding payments are recorded separately in your account history, so check both if the numbers don't add up.
Where can I see the fees I've been charged?
All trading fees are itemized in your trade history, with each filled order showing the fee charged against that position. Funding fee payments are logged separately, so if a deduction doesn't show up in your trade history, check your funding fee history.
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. All technical claims independently verified against published standards.
Disclaimer: This content is for educational purposes only and does not constitute financial, investment, legal, or tax advice. Crypto assets are highly volatile and carry significant risk of loss. Always verify local regulations and consult a qualified professional before making financial decisions.