How Much Do Binance Futures Fees Cost Per Day?

How Much Are You Really Paying Each Day?

Binance futures traders often notice their balance shrinking beyond just P&L. Trading fees and funding rates are the hidden costs eating into your profits. Let us break down the real numbers using the Binance Official App. Apple users see the iOS Installation Guide.

Two Types of Futures Fees

Trading Fees

USDT-margined perpetual contracts: Maker 0.02%, Taker 0.05%. Example: a 10,000 USDT position (10x leverage, 1,000 USDT margin) costs 5 USDT to open and 5 USDT to close with market orders = 10 USDT round trip. Five trades per day = 50 USDT. Using limit orders: 2 USDT per round trip, five trades = 20 USDT - a 2.5x savings.

Funding Rate

Settled every 8 hours (3 times daily). Rates typically range from 0.005% to 0.03%. At 0.01%: a 10,000 USDT position pays 1 USDT per settlement, 3 USDT daily. Held for a month: 90 USDT. During extreme markets, rates can spike to 0.1%+, costing 30 USDT per day on the same position.

Daily Cost Estimates by Trading Style

Frequent scalper (10 trades/day, 10K positions, market orders): ~101 USDT/day. Swing trader (3 trades/day, 20K positions, limit orders): ~28 USDT/day. Long-term holder (1 position of 20K): ~6 USDT/day (mostly funding rate).

How to Reduce Costs

Use limit orders (0.02% vs 0.05%). Enable BNB fee deduction (10% discount). Increase VIP level through volume. Use referral rebates. Monitor funding rates before opening positions. Reduce unnecessary trades.

Tracking Your Fees

In the app, go to Futures > Trade History to see fee details per trade, and Funding Rate History for settlement amounts. Regularly reviewing total fees paid is essential - many traders who think they are profitable are actually losing money after fees.

Summary

Daily futures costs depend on trade frequency, position size, order type, and holding time. Frequent traders may spend 50-100+ USDT daily, while low-frequency holders spend just a few dollars. The keys to cost control: use limit orders, enable BNB deduction, trade less impulsively, and always watch funding rates.