OKX vs Binance: same fee schedule, different rebate
These are two exchanges ReturnFee has referral links with. 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% | 2026-10-18 |
| Binance | 0.020% | 0.050% | 2026-10-18 |
Both read from each exchange's own published fee-schedule page, verified 2026-10-18: okx.com/fees 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 referral link for both. Both exchanges pay part of it automatically. ReturnFee adds an additional share on top: a member total of 60% back on OKX, 45% back on Binance. See okx-rebate and binance-fee-rebate for the full breakdown on each.
Net cost after the full ReturnFee rebate (the exchange's own share plus ReturnFee's), same two volumes, same taker fee:
- $100,000/month, OKX $50 fee → 60% back = $20 net. Binance $50 fee → 45% back = $27.50 net.
- $500,000/month, OKX $250 fee → 60% back = $100 net. Binance $250 fee → 45% back = $137.50 net.
The raw fee schedule is a tie. The rebate is not: OKX returns 60% of the fee against Binance's 45%, which is a $37.50/month difference at the $500,000 volume shown above.
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 rate table for that context: rates page.
The current links
- OKX, okx.com/join/RETURNFEE
- Binance, binance.com/register?ref=RETURNFEE