How are Futures Transaction Fees Calculated?
July 15, 2026 at 03:00 AMOverview
Futures trading fees are charged whenever an order is successfully executed on BloFin Futures.
The fee you pay depends on:
- Your fee tier (VIP level)
- Whether your order is executed as a Maker or Taker
- The position's notional value
You can view the latest fee schedule on the BloFin Fee Schedule page.
Current Trading Fee Rates
| Order Type | Standard Fee Rate |
|---|---|
| Maker | 0.02% |
| Taker | 0.06% |
Note: Trading fee rates may vary depending on your VIP level. Please refer to this for your fee rate
What is a Maker?
A Maker is an order that is not executed immediately after it is placed.
Instead, the order remains in the order book and adds liquidity to the market. Once another trader matches your order, it will be executed as a Maker order.
Example
Current BTC price: 100,000 USDT
You place a Buy Limit Order at 99,900 USDT.
Since the order is waiting in the order book, it is considered a Maker Order.
What is a Taker?
A Taker is an order that is executed immediately against an existing order in the order book, removing liquidity from the market.
Example
Current BTC price: 100,000 USDT
You place:
- A Market Order, or
- A Limit Order that immediately matches an existing order.
Your order executes immediately and is considered a Taker Order.
Note: Market Orders are always Taker Orders.
How are Futures Trading Fees Calculated?
The trading fee is calculated using the following formula:
Trading Fee = Position Notional × Fee Rate
Where:
Position Notional = Contract Value × Number of Contracts × Average Execution Price
Calculation Example
Assume the following:
- Trading Pair: BTCUSDT Perpetual
- Contract Value: 0.001 BTC
- Number of Contracts: 2,000
- Average Execution Price: 20,000 USDT
- Order Type: Market Order
- Taker Fee Rate: 0.06%
Step 1: Calculate Position Notional
Position Notional
= 0.001 × 2,000 × 20,000
= 40,000 USDT
Step 2: Calculate Trading Fee
Trading Fee
= 40,000 × 0.06%
= 24 USDT
How do I know whether my order is Maker or Taker?
| Maker | Taker |
|---|---|
| Order rests in the order book before execution | Order executes immediately |
| Adds liquidity to the market | Removes liquidity from the market |
| Usually pays a lower trading fee | Usually pays a higher trading fee |
Frequently Asked Questions
Q1. Why was I charged a Taker fee even though I placed a Limit Order?
A Limit Order is not always a Maker Order.
If your Limit Order immediately matches an existing order in the order book, it will execute as a Taker Order and the Taker fee will apply.
Q2. Are Market Orders always charged the Taker fee?
Yes.
Market Orders always execute immediately against available liquidity in the order book and are therefore always charged the Taker fee.
Q3. Does leverage affect the trading fee?
No.
Trading fees are calculated based on the position's notional value, not the amount of margin used or the selected leverage.
Q4. Are trading fees charged when both opening and closing a position?
Yes.
Trading fees are charged each time an order is executed, including when opening and closing a position.
Q5. Where can I check my current trading fee rate?
You can view your applicable Maker and Taker fee rates on the BloFin Fee Schedule page. VIP users may enjoy lower trading fees depending on their fee tier.