Maker vs Taker Rebate Calculator: Your Mix Sets the Cost
TL;DR: The rebate rate on an exchange’s page is only half of your cost. The other half is the mix of maker and taker fills you actually trade. On the 22 October 2026 rates, a trader who only takes liquidity pays 1.50 USDT net per 10,000 USDT of volume on Bitget and 4.40 on Bybit. Switch to resting limit orders and those drop to 0.50 and 1.60. The rebate you receive falls at the same time. That is not a problem. It is the sign that you paid less to begin with. The calculator below works it out for your own numbers.
Disclosure: FuturesAI is our own fee-payback service and this article contains affiliate links (marked sponsored). Rates are the figures listed on its exchange page on 22 October 2026 and they change. This is a cost calculation, not a recommendation to trade.
What This Covers
- What Do Maker and Taker Fills Cost?
- How Is the Rebate Calculated?
- What Does Your Maker Share Do to Net Cost?
- Why Does the Rebate Shrink When You Pay Less?
- Which Exchange Wins at Which Maker Share?
- Calculator: Your Own Numbers
What Do Maker and Taker Fills Cost?
On a perpetual futures exchange, a taker fill costs two to three times as much as a maker fill, so the share of each in your trading is the biggest lever on your fee bill. A maker order rests on the book and adds liquidity. A taker order matches something already resting and removes it.
When I checked Bitget’s public contract API on 22 October 2026, the BTC/USDT perpetual showed a maker fee of 0.02% and a taker fee of 0.06%. That is a factor of three. When I compared that with the FuturesAI exchange page the same day, the other exchanges sat at 0.02% maker and 0.05% to 0.06% taker. Hyperliquid works the same way on the maker side, as covered in Hyperliquid Fees (2026): The Maker Rate Is the Point.
Most traders do not choose one or the other. A market order to get out fast is taker. A limit order waiting at a level is maker. Your blend is somewhere in between, and it is worth knowing which.
How Is the Rebate Calculated?
The rebate equals notional volume times the fee you were charged times the rebate rate, so it moves with the fee. Notional is the full position size, not your margin. The calculation has two steps: first the fee after any discount, then the rebate on what is left.
These are the figures I used, taken from the FuturesAI exchange list on 22 October 2026. The base fee for Bitget was confirmed against its public API. For the others I am relying on the page’s listed figures.
| Exchange | Base fee (maker / taker) |
Fee discount | Rebate | Net cost all taker |
Net cost 70% maker |
Net cost all maker |
|---|---|---|---|---|---|---|
| Bitget | 0.02% / 0.06% | 50% | 50% | 1.50 | 0.80 | 0.50 |
| Gate | 0.02% / 0.05% | 0% | 70% | 1.50 | 0.87 | 0.60 |
| Toobit | 0.02% / 0.06% | 0% | 55% | 2.70 | 1.44 | 0.90 |
| Bybit | 0.02% / 0.055% | 0% | 20% | 4.40 | 2.44 | 1.60 |
| OKX | 0.02% / 0.05% | 0% | 20% | 4.00 | 2.32 | 1.60 |
| Binance | 0.02% / 0.05% | 0% | 10% | 4.50 | 2.61 | 1.80 |
Net cost is in USDT per 10,000 USDT of notional, after the rebate. Non-VIP BTC/USDT perpetual rates. Bitget’s 50% fee discount is applied before the 50% rebate. Gate’s base fee is as listed on the FuturesAI page; Gate’s own published fee has differed from the figure partner pages use, so confirm it on Gate before relying on the Gate row.
What Does Your Maker Share Do to Net Cost?
Moving from all-taker to all-maker cuts the net cost on Bitget from 1.50 to 0.50 USDT per 10,000 USDT, a drop of two thirds. The pattern is the same everywhere, only the starting point changes. On Bybit the same move takes the net cost from 4.40 to 1.60.
That is a bigger effect than choosing a different exchange at a similar rate. Here is the comparison I found most useful. A trader who only takes liquidity on Gate nets 1.50 USDT. A trader on Bybit who only makes liquidity nets 1.60. Bybit’s rebate rate is 20% against Gate’s 70%, and still the two end up within ten cents.
Why Does the Rebate Shrink When You Pay Less?
A rebate is a percentage of a fee, so a lower fee always returns fewer USDT, and that is expected. People often read a smaller credit as a missing one. I found that this was the reason behind many of the reports covered in Futures Fee Rebate Not Received? 4 Causes, in Order (2026).
| Exchange | Rebate all taker |
Rebate 70% maker |
Rebate all maker |
Drop, taker to maker |
|---|---|---|---|---|
| Bitget | 1.50 | 0.80 | 0.50 | 67% |
| Gate | 3.50 | 2.03 | 1.40 | 60% |
| Toobit | 3.30 | 1.76 | 1.10 | 67% |
| Bybit | 1.10 | 0.61 | 0.40 | 64% |
| OKX | 1.00 | 0.58 | 0.40 | 60% |
| Binance | 0.50 | 0.29 | 0.20 | 60% |
Rebate in USDT per 10,000 USDT of notional.
Gate’s rebate falls from 3.50 to 1.40, a drop of 60%. Net cost falls from 1.50 to 0.60 in the same move. You get less back and you are still better off. Judge the net cost, never the size of the credit.
One honest limit: a rebate that is paid by the exchange itself, as it is for Bybit, OKX, Binance and Toobit, shows up in the exchange account and not in a rebate dashboard. Where a rebate is paid is a separate question from how large it is.
Which Exchange Wins at Which Maker Share?
At every maker share from 0% to 100%, the two cheapest exchanges in the table are Bitget and Gate, with the lead flipping between them as the mix changes. Bitget’s advantage comes from the fee discount applied before the rebate. Gate’s comes from the 70% rebate on a full-price fee.
At all-taker they tie at 1.50 USDT. At 70% maker Bitget is ahead by 0.07, at 0.80 against 0.87. At all-maker it is 0.50 against 0.60. The gaps are in cents per 10,000 USDT. Meanwhile, a taker on Binance at 10% pays 4.50, three times as much. For most people the large gaps are the ones to care about, and the small ones are decided by other things such as the exchange’s withdrawal rules, supported products and how you feel about its security record.
It is also worth being clear about what this does not cover. A fee saving of a few USDT per 10,000 USDT is small against the risk in a leveraged position. A single bad liquidation costs more than a year of fee differences, as this guide to liquidations before the stop-loss shows.
Calculator: Your Own Numbers
Enter your monthly notional volume, your maker share and an exchange, and the calculator returns the fee charged, the rebate and the net cost. To find your maker share, open your exchange’s trade history and divide maker fills by total fills by value, not by count.
As a check on the arithmetic, 300,000 USDT a month at 70% maker on Bitget gives a base fee of 96.00 USDT, a charged fee of 48.00, a rebate of 24.00, and a net cost of 24.00 USDT. If your result differs for the same inputs, something in the form is wrong.
Rates move, sometimes week to week. Current figures for each exchange are on the FuturesAI exchange list.
FAQ
Does a higher maker share always mean a bigger rebate?
No. The rebate is a share of the fee you were charged, so a higher maker share lowers the fee and therefore lowers the rebate in USDT. What it also lowers is your net cost, which is the number that matters.
Which order types count as maker?
A limit order that rests on the order book and is filled later by someone else is a maker fill. A market order, or a limit order that matches immediately, is a taker fill. Post-only orders are designed to guarantee maker status.
Is the rebate calculated on margin or on position size?
On notional position size. A 100 USDT margin at 10x leverage opened and closed is 2,000 USDT of notional, and the fee and rebate are both worked out on that figure.
Do these rates apply to every symbol and VIP tier?
No. The figures use the non-VIP BTC/USDT perpetual rates as listed on the FuturesAI exchange page on 22 October 2026. Other symbols, VIP tiers and promotions can differ, so check your own fee schedule.
Sources
- FuturesAI exchange list — listed base fees, effective fees, payback rates and who pays, retrieved 22 October 2026. Rates change; confirm before relying on them.
- Bitget contract API — BTC/USDT perpetual maker 0.02% and taker 0.06%, queried 22 October 2026.
- All net-cost, rebate and monthly figures are arithmetic on the rates stated above. No other assumptions are involved.
This article is for informational purposes only and is not investment advice, financial advice or tax advice. Leveraged futures trading can result in the loss of your entire principal. Fee schedules, rebate rates and regional availability change without notice — verify current terms with the exchange before trading.
