How are OKX futures trading fees calculated?

Understanding OKX Futures Trading Fee Structure

OKX futures trading fees are determined based on whether the trader is a maker or a taker, and they vary depending on the user’s 30-day trading volume and tier level. The platform uses a tiered fee system that rewards higher-volume traders with reduced fees. Makers provide liquidity by placing limit orders that do not immediately execute, while takers remove liquidity by executing against existing orders. As such, maker fees are typically lower than taker fees, and in some cases, can even be negative (rebates).

Users are assigned a fee tier based on their cumulative trading volume in the past 30 days and their OKB holdings. OKB is OKX’s native token, and holding a certain amount can reduce fees. For example, users who hold more than 50 OKB may qualify for a 20% discount on trading fees. The exact fee percentages can be found on the OKX official fee schedule, which is updated regularly.

Maker and Taker Fee Rates on OKX Futures

The standard maker fee on OKX futures is 0.02%, while the taker fee is 0.05% for users not in any VIP tier and not holding OKB. These rates apply to both USDT-margined and coin-margined futures contracts. However, users who qualify for higher VIP levels or hold sufficient OKB can enjoy reduced rates.

For instance, a VIP 1 user with no OKB holdings may have a maker fee of 0.015% and a taker fee of 0.04%. If the same user holds over 50 OKB, they receive an additional discount, reducing both fees by 20%. This means the maker fee drops to 0.012% and the taker fee to 0.032%. The fee reduction scales across higher VIP tiers, with VIP 7 users potentially enjoying a maker fee as low as -0.001% (a rebate) and a taker fee of 0.01%.

How OKB Holdings Reduce Trading Fees

Holding OKB tokens is one of the most effective ways to lower futures trading fees on OKX. To qualify for the fee discount, users must hold at least 50 OKB in their funding account. The discount is applied automatically once the threshold is met. The discount percentage increases with higher OKB balances:

• 50–99 OKB: 20% fee discount
• 100–499 OKB: 30% fee discount
• 500–999 OKB: 40% fee discount
• 1,000–4,999 OKB: 50% fee discount
• 5,000+ OKB: 60% fee discount

This discount applies to both maker and taker fees and is combined with the user’s VIP tier. For example, a user with VIP 3 status and 1,200 OKB receives a 50% discount on top of their base VIP fee rates. This compounding effect can significantly reduce long-term trading costs.

Calculating Actual Fees: Step-by-Step Example

To understand how fees are calculated, consider a trader opening a $10,000 USDT-margined BTC/USDT perpetual futures position as a taker. Assume the user is at VIP 2 level with 300 OKB, qualifying for a 30% discount.

• Base taker fee at VIP 2: 0.035%
• Apply 30% OKB discount: 0.035% × (1 – 0.30) = 0.0245%
• Fee amount: $10,000 × 0.000245 = $2.45

If the same trade were a maker order, the base fee would be 0.01%, reduced by 30% to 0.007%, resulting in a fee of $0.70. When closing the position, the same fee structure applies based on whether the closing order is a maker or taker.

Users can verify their current fee rate in the 'Fee Rate' section of the OKX trading interface. It dynamically updates based on VIP level and OKB balance.

Where to Find Your Current Fee Rate on OKX

To check your exact futures trading fee rate:

• Log in to your OKX account and navigate to the Futures Trading page
• Click on the 'Assets' tab at the top
• Select 'Transaction Fees' from the dropdown
• Choose 'Futures' as the product type
• The system will display your current maker and taker fee rates based on your VIP tier and OKB holdings

Alternatively, during order placement, hover over the fee information icon near the leverage selector. A tooltip will show your estimated fee for the current order size and type. This real-time display helps traders optimize order types to minimize costs.

Impact of Trading Volume on Fee Tiers

OKX determines VIP tiers using 30-day rolling trading volume in USD equivalent. Higher volume moves users into higher tiers with better fees. For example:

• Tier 0: $0–50,000 volume → maker 0.02%, taker 0.05%
• Tier 1: $50,001–200,000 → maker 0.015%, taker 0.04%
• Tier 2: $200,001–1,000,000 → maker 0.01%, taker 0.035%
• Tier 3: $1M–5M → maker 0.008%, taker 0.03%

Volume is aggregated across spot, futures, and options trading. Users can monitor their progress toward the next tier in the 'VIP Level' section under Account Settings. Reaching a higher tier not only reduces fees but also increases API call limits and withdrawal quotas.

Frequently Asked Questions

Q: Are OKX futures fees the same for USDT-margined and coin-margined contracts?Yes, the maker and taker fee structure is identical for both USDT-margined and coin-margined futures. The fee is always calculated as a percentage of the notional value, regardless of margin type.

Q: Do I need to manually activate the OKB fee discount?No, the discount is applied automatically if you hold the required amount of OKB in your funding account. Ensure your OKB balance meets the threshold and is not locked in staking or other products.

Q: Can I see my historical futures trading fees on OKX?Yes, go to 'Finance' → 'Transaction History' → 'Futures Fees' to view a detailed log of all paid fees, including date, contract, order type, and fee amount in USDT or the settlement currency.

Q: What happens to my fee tier if my 30-day volume drops?Your VIP tier is recalculated daily based on the trailing 30-day volume. If volume decreases, your tier may be downgraded, resulting in higher fees. Consistent trading helps maintain higher-tier benefits.