Binance, OKX, Bybit, Bitget, Gate, WEEX and MEXC side by side: list fee rates, automatic rebates, maximum rebates and which suits how you actually trade.
The five mainstream venues — Binance, OKX, Bybit, Bitget and Gate — charge almost the same fees — every futures taker rate sits between 0.05% and 0.06%. What actually separates them over a year is the rebate: on identical trades, one trader gets 20% back and another gets sixty per cent. This guide covers all six list-fee schedules, how the rebate is structured, all ten head-to-head match-ups, and how to pick based on how you actually trade.
The short version
Fees barely differ — too little to be your main reason for picking an exchange. Futures taker: Binance / OKX / Gate 0.05%, Bybit 0.055%, Bitget 0.06%.
Rebates differ a lot. Combined rebate, thickest first: Gate = WEEX = XT.COM > MEXC > Bitget > Binance ≈ Bybit. OKX cannot be published under its affiliate policy and shows as 20%.
Bybit has no first layer. The other six have 20% returned by the exchange itself; Bybit has nothing of the sort — unbound, you get 0%.
The codes are not all the same: Gate is QUANTXXX, WEEX is lowercase nova888, MEXC is mexc-NOVA888, and the other five (XT.COM included) use NOVA888.
A rebate is a percentage of the fee, so any long-run cost comparison starts with the base. Regular-user (VIP 0) list pricing:
Exchange
Spot maker
Spot taker
Futures maker
Futures taker
Token discount
Binance
0.10%
0.10%
0.02%
0.05%
BNB, 25% off (spot)
OKX
0.08%
0.10%
0.02%
0.05%
OKB, by holdings
Bybit
0.10%
0.10%
0.02%
0.055%
—
Bitget
0.10%
0.10%
0.02%
0.06%
BGB, 20% off (spot only)
Gate
0.10%
0.10%
0.02%
0.05%
GT, 25% off
Three things worth noticing:
OKX has the lowest spot maker fee among the venues that charge one (WEEX and MEXC are 0%) (0.08%). Pure spot traders who post limit orders are a fifth better off before any rebate.
Bitget has the highest futures taker fee of the five mainstream venues (0.06%), 3× its own maker rate — so working limit orders pays off more on Bitget than anywhere else here.
Maker is near-identical: 0.02% at six of the eight, 0.01% at MEXC. For a maker-heavy trader, "which is cheapest" is close to meaningless.
Then the rebate: structure matters more than the number
On most exchanges the rebate comes in two layers, from completely different places:
Exchange
Layer 1 (exchange auto-rebate)
Layer 2 (rebate site, by tier)
Referral code
Binance
20%
Yes, by tier
NOVA888
OKX
20%
Yes, but not publishable under policy
NOVA888
Bybit
No such layer
Yes, by tier (single combined figure)
NOVA888
Bitget
20%
Yes, by tier
NOVA888
Gate
20%
Yes, by tier (tied with WEEX and XT.COM for the thickest of the eight)
QUANTXXX
That Layer 1 20% is not automatic just because you used a code. The referrer decides how much to pass on, and setting it to 0% is perfectly legitimate — plenty of YouTuber and KOL codes are configured exactly that way: you still pay the full fee and the whole 20% becomes their commission. Sign up with our code and that 20% is guaranteed to come back to you. Layer 2 is the rebate site passing part of its own commission back; most KOLs keep that layer too.
The exact rates come from the live table below — when an admin changes them, this updates with it:
Fee rebate tiers
Tier
Binance
OKX
Bybit
Gate
Bitget
MEXC
WEEX
XT.COM
Lv.1
20% + 10%
20% +
30%
20% + 40%
20% + 20%
20% + 30%
20% + 40%
20% + 40%
Lv.2
20% + 11%
20% +
31%
20% + 41%
20% + 21%
20% + 31%
20% + 41%
20% + 41%
Lv.3
20% + 12%
20% +
32%
20% + 42%
20% + 22%
20% + 32%
20% + 42%
20% + 42%
Lv.4
20% + 13%
20% +
33%
20% + 43%
20% + 23%
20% + 33%
20% + 43%
20% + 43%
Lv.5
20% + 14%
20% +
34%
20% + 44%
20% + 24%
20% + 34%
20% + 44%
20% + 44%
SVIP
20% + 15%
20% +
35%
20% + 45%
20% + 25%
20% + 35%
20% + 45%
20% + 45%
Supernova†
20% + 20%
20% +
40%
20% + 50%
20% + 30%
20% + 40%
20% + 50%
20% + 50%
† This tier is invitation-only. If you trade at high volume, hold exchange VIP status, or run quantitative strategies, to apply for a direct upgrade to Supernova, our highest tier.
Actual rates vary by tier and exchange; live figures are shown on the platform.
About the top "Supernova" tier: it cannot be reached by trading volume. It is invitation-only, reserved for accounts of a certain size. The highest tier you can trade your way into is SVIP — so when comparing, read the SVIP row, not the last one. The extra portion of the OKX column is masked; see the FAQ for why.
Fee & rebate comparison — 8 exchanges
Exchange
Perp taker fee
Exchange auto-rebate
Max rebate (Quant Nova)
Referral code
Binance
0.05%
20%
40%
NOVA888
OKX
0.05%
20%
20% + (ask support)
NOVA888
Bybit
0.055%
—
40%
NOVA888
Gate
0.05%
20%
70%
QUANTXXX
Bitget
0.06%
20%
50%
NOVA888
MEXC
0.04%
20%
60%
mexc-NOVA888
WEEX
0.08%
20%
70%
nova888
XT.COM
0.06%
20%
70%
NOVA888
Perp taker is a standard-tier reference; actual fees vary by VIP level. Rebate rates are shown live on the platform.
Head to head: all ten match-ups
If you have already narrowed it to two, read that row. "Fees" compares the futures taker rate; "Rebate" compares the combined rate at the same tier.
Match-up
Fees
Rebate
Verdict
Binance vs OKX
Tie (both 0.05%)
Binance can be quoted publicly
Want a number you can see? Binance. Want OKX's ecosystem? Ask support for the real rate
Binance vs Bybit
Binance slightly lower
Roughly equal at the same tier
Near-tie. Decide on whether you want Bybit's Earn yield share
Binance vs Bitget
Binance lower (0.05% vs 0.06%)
Bitget clearly higher
The rebate gap beats the fee gap — take Bitget
Binance vs Gate
Tie (both 0.05%)
Gate clearly higher
Gate on rebate alone; Binance if you need the deepest liquidity and widest listings
OKX vs Bybit
OKX slightly lower
Bybit can be quoted publicly
Bybit's number is visible; OKX's has to be asked for
OKX vs Bitget
OKX lower (0.05% vs 0.06%)
Bitget can be quoted publicly
Bitget's rebate is public and thick; OKX wins on spot maker and ecosystem
OKX vs Gate
Tie (both 0.05%)
Gate clearly higher
Gate, unless you specifically want OKX's Web3 stack
Bybit vs Bitget
Bybit lower (0.055% vs 0.06%)
Bitget higher
Bitget — but Bybit adds Earn yield sharing
Bybit vs Gate
Bybit higher (0.055% vs 0.05%)
Gate clearly higher
Gate wins on both
Gate vs Bitget
Gate lower (0.05% vs 0.06%)
Gate higher
Gate wins on both
A pattern falls out of that table: in half the match-ups the answer is simply "take the higher rebate", because the fee gap cannot make up the rebate gap. On 500 USDT of monthly fees, moving from a 0.06% taker to 0.05% saves roughly 80 USDT of fees — while every 10 percentage points of rebate is worth 50 USDT, and 30 points is worth 150. All ten match-ups sit inside a narrow 0.05%–0.06% band, so the fee spread there is at most 0.01 points while the rebate spread runs past 30. (Across all eight, taker fees actually run from MEXC's 0.04% to WEEX's 0.08% — 0.04 points — so once you step outside that band the fee stops being a rounding error.)
Trading tokenised US equities? All six list them — net cost varies 2.7x
These six carry tokenised US equity perpetuals (SPY, NVDA, TSLA, MSTR, crude oil CL and more) and charge their ordinary futures schedule, so the fee table above applies directly. MEXC lists only SPY and gold (XAU) and XT.COM was not measured, so both are out of scope for this section. What actually separates them is the rebate.
On this article's basis — 500,000 USDT of monthly notional, all taker — and the rebate percentages above, the real monthly outlay after rebate is: Gate 75 USDT, the lowest, then XT.COM 90, WEEX 120, Bitget and Binance both 150, Bybit 165, OKX 200. That is a 2.7x spread end to end. The counter-intuitive one is WEEX: its 0.08% taker fee is the most expensive of the eight, yet its rebate matches Gate's, so it lands second-cheapest net.
The Binance-versus-Bitget question works the same way: Bitget looks 20% dearer (0.06% vs 0.05%), but rebates more, so both land at 150 USDT net.
Purely want the most money back → Gate. Tied with WEEX for the thickest Layer 2 of the eight, so the same fees return the largest absolute amount. Note the code is QUANTXXX.
Want the deepest liquidity and the widest product range → Binance. Not the highest rebate, but the largest volume by a distance — on big orders slippage can cost more than the rebate difference.
Spot only, and you post limit orders → OKX. Its 0.08% spot maker is the only sub-0.1% rate here. The rebate rate has to come from support.
Have idle assets and want yield too → Bybit. Earn yield is shared as well, which no other exchange here does. Just remember Bybit has no Layer 1: unbound, you get nothing.
Want a balance of rebate and fees → Bitget. Second only to Gate on rebate; the price is the highest futures taker rate among those five (0.06%; WEEX charges 0.08%), most of which limit orders cancel out.
All of them? You can bind all eight. Trade wherever suits each trade; the rebates all land in one dashboard.
Exchange profiles and rates
Derivatives ranking, 24h futures volume, founding year, plus spot and futures fee rates:
Exchange overview & fees — 8 exchanges
Exchange
CoinGlass rank
24h futures vol
Founded
Futures maker/taker
Spot maker/taker
Our rebate
Binance
#1
~$50B+
2017
0.02% / 0.05%
0.10% / 0.10%
up to 40%NOVA888
OKX
#2
~$25B
2017
0.02% / 0.05%
0.08% / 0.10%
20%NOVA888
Bybit
#3
~$17B
2018
0.02% / 0.055%
0.10% / 0.10%
up to 40%NOVA888
Gate
#4
~$15B
2013
0.02% / 0.05%
0.10% / 0.10%
up to 70%QUANTXXX
Bitget
#5
~$10B
2018
0.02% / 0.06%
0.10% / 0.10%
up to 50%NOVA888
MEXC
—
—
2018
0.01% / 0.04%
0% / 0.05%
up to 60%mexc-NOVA888
WEEX
—
—
2018
0.02% / 0.08%
0% / 0.10%
up to 70%nova888
XT.COM
—
—
2018
0.04% / 0.06%
0.20% / 0.20%
up to 70%NOVA888
CoinGlass rank and 24h volume are recent references (per the CoinGlass 2026 Q1 report; live data on CoinGlass); fees are standard (VIP0) tier and vary by VIP level, platform-token discounts and each exchange's official schedule.
How to bind and claim
New users: register with the referral code (QUANTXXX for Gate, lowercase nova888 for WEEX, mexc-NOVA888 for MEXC, NOVA888 for the other five), then bind that exchange's UID on the Quant Nova rebate dashboard. Binding needs only the UID — no API key, no password, no withdrawal permission.
Existing users: a referral code can only be entered at signup and cannot be added later, so claiming rebates means "rebinding". Each exchange works differently:
Gate. Its affiliate share is itself higher than the others, and we pass the difference down — so the same fees return the largest absolute amount on Gate. Exact rates are in the tier table above.
Which exchange is cheapest?
They are close. Futures taker: Binance / OKX / Gate 0.05%, Bybit 0.055%, Bitget 0.06%; maker is 0.02% everywhere. On spot, only OKX's maker (0.08%) is below 0.1%. Because the spread is at most 0.01%, the real driver of long-run cost is the rebate.
Why does OKX only show 20%?
OKX's affiliate terms cap publicly advertised rebates at 20%, and that applies to every channel equally. So the OKX column prints "20% + ▨" — what is masked is the part that cannot be stated publicly, not a part that does not exist. Click the mask for an explanation and how to reach support.
Why is there no "auto rebate" column for Bybit?
Because Bybit has no such layer. On the other six, that 20% comes from the exchange; Bybit returns nothing itself, so the whole rebate comes from the affiliate share and is shown as one combined figure. It also means an unbound Bybit account gets 0% — the stakes are higher there than anywhere else.
Why can't I reach the top tier?
The top "Supernova" tier is invitation-only, reserved for high-volume traders, exchange VIPs, quant desks and similar, arranged case by case. The highest tier reachable by trading is SVIP.
Is the referral code the same everywhere?
No. Gate uses QUANTXXX, WEEX uses lowercase nova888 and MEXC uses mexc-NOVA888; Binance, OKX, Bybit and Bitget use NOVA888. The wrong code is the same as no code, and it cannot be changed after signup.
Can I bind all eight?
Yes, and it is worth doing. Trade wherever suits, watch the rebates in one place; tier and XP are tracked per exchange.
Isn't the cheapest exchange cheaper in the long run?
Usually not. On 500 USDT of monthly fees, dropping from a 0.06% taker to 0.05% saves about 80 USDT — while 10 percentage points of rebate is worth 50 USDT and 30 points is worth 150. Among the five mainstream venues (Binance/OKX/Gate 0.05%, Bybit 0.055%, Bitget 0.06%) the fee spread is at most 0.01 points while the rebate spread exceeds 30. MEXC (0.04%) and WEEX (0.08%) sit outside that band, so weigh fees as well as rebate against those two.
I already have an account — can I still get rebates?
Yes, through rebinding; the code cannot be backfilled. Conditions and steps differ by exchange — see the guides above.
Does a rebate change my execution price?
No. The money comes from the commission the exchange pays referral channels, not out of your fill. The rate on the order ticket does not change because you bound a rebate site — the saving arrives afterwards.
Need help? Contact support
For any binding or rebate question, or to confirm what OKX offers beyond the 20% base, reach our support through the channels below.
If you trade at high volume, hold exchange VIP status, or run quantitative strategies, you can also apply here for an upgrade to Supernova — our highest tier, with the highest rebate.
This article is for information and research purposes only. It is not investment advice, not asset management, and guarantees no returns. Fee rates are VIP 0 list pricing as of August 2026 and the exchanges may change them; rebate rates are whatever the platform shows live.