OKX vs Binance: same fee schedule, different rebate
Chart built directly from the fee-rates.json data used in the table below, read 2026-09-04.
These are two exchanges ReturnFee earns a commission from that this page names. At standard tier, OKX and Binance publish the identical maker and taker fee. The fee schedule itself is a flat tie. What is not a tie is what comes back to you afterward.
The rates, read straight from each exchange
BTC/USDT perpetual futures, standard tier (VIP 0):
| Exchange | Maker | Taker | Read |
|---|---|---|---|
| OKX | 0.020% | 0.050% | 2026-09-04 |
| Binance | 0.020% | 0.050% | 2026-09-04 |
Both read from each exchange's own published fee-schedule page, verified 2026-09-04: okx.com/help/how-to-calculate-the-contract-transaction-fee and binance.com/en/fee/futureFee. Machine-readable source: data/fee-rates.json in this site's own repo.
What that costs in money, not percentage
Taker fee, the honest default for anyone acting on a signal rather than sitting on the book, at two volumes, fee = volume × taker rate:
$100,000 traded in a month: OKX $100,000 × 0.050% = $50. Binance $100,000 × 0.050% = $50.
$500,000 traded in a month: OKX $500,000 × 0.050% = $250. Binance $500,000 × 0.050% = $250.
Identical, at every volume, before any rebate. The fee schedule alone gives no reason to prefer either exchange.
Where the rebate actually splits them
ReturnFee has a live referral link for both. On top of each exchange's own automatic 20% rebate, ReturnFee pays an additional share out of its own commission: a member total of 60% back on OKX, 40% back on Binance. See okx-rebate and binance-fee-rebate for the full breakdown on each.
Net cost after each exchange's own rebate, same two volumes, same taker fee:
- $100,000/month, OKX $50 fee → 60% back = $20 net. Binance $50 fee → 40% back = $30 net.
- $500,000/month, OKX $250 fee → 60% back = $100 net. Binance $250 fee → 40% back = $150 net.
The raw fee schedule is a tie. The rebate is not: OKX returns 20 percentage points more of the same fee, which is a $50/month difference at the $500,000 volume shown above. That gap comes entirely from ReturnFee's own commission split per exchange, not from anything OKX or Binance itself changed.
Which is cheaper for which trader
- Any trader who registers through a ReturnFee link: OKX nets cheaper, because the rebate is higher on the same fee, not because the fee itself differs.
- A trader who already has funds and history on one exchange: the fee schedule gives no reason to migrate; it is identical. The rebate difference has to be worth the migration cost on its own.
- Maker-only, resting limit orders that always post: the published maker rate is 0.020% on both, so this is a tie before rebate too, and the rebate applies to whatever maker fee is actually paid.
Neither number accounts for liquidity, slippage, VIP tiers, or token fee discounts, see the full six-exchange comparison for that context: exchange-fee-comparison.
The current links
- OKX, okx.com/join/RETURNFEE
- Binance, binance.com/register?ref=RETURNFEE