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What is Taker Fee?

The fee charged when your order immediately fills against existing orders in the book — you are 'taking' liquidity by demanding immediate execution.

A taker fee applies when your order fills immediately against existing orders in the order book. You are removing liquidity — in return, you pay a higher fee than makers.

When you pay taker fees:

  • Placing a market order (always a taker)
  • Placing a limit order priced at or beyond the current market price (fills immediately)
  • Stop-market orders triggered by price movement
  • Taker fee rates across major exchanges:

    ExchangeFutures Taker Fee
    MEXC**0.010%**
    Binance0.040%
    OKX0.050%
    BingX0.050%
    Bybit0.055%
    KuCoin0.060%
    Phemex0.060%

    Annual taker fee cost at $100k monthly volume:

    ExchangeAnnual Taker Cost
    MEXC$120
    Binance$480
    OKX/BingX$600
    Bybit$660
    KuCoin/Phemex$720

    Reducing taker fee exposure:

    The best way to reduce taker fees is to use limit orders for planned entries and exits. Reserve market orders for urgent situations (emergency exits, fast-moving stops). For active traders, this single habit can save hundreds to thousands of dollars annually.

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