MEXC Futures Fees: Taker, Maker and Funding Costs

MEXC futures trading offers some of the most competitive fee structures in the crypto derivatives market, but the details matter more than the headline numbers. This article breaks down exactly what you pay when trading futures on MEXC, including taker fees, maker fees, and funding costs.

The base fee structure

MEXC charges a 0.05% taker fee and a 0.00% maker fee on spot trading. For futures, the fee structure is similar but with important differences. Taker fees on futures are higher than on spot, reflecting the additional complexity of derivatives trading. Maker fees on futures are lower than taker fees, which is standard across the industry — exchanges reward traders who provide liquidity rather than remove it. The 20% referral discount applies to futures fees as well. If you register with the MEXC referral code pPBkDZ6m, your effective futures fees drop by 20%. This discount is applied automatically and does not require any manual activation.

Understanding funding rates

Funding rates are the periodic payments between long and short position holders in perpetual futures contracts. When the funding rate is positive, longs pay shorts. When it is negative, shorts pay longs. MEXC calculates funding rates every eight hours, which is the industry standard. Funding rates can significantly impact your profitability on leveraged positions. If you hold a position through multiple funding payments, the cumulative cost can eat into your gains or amplify your losses. Always check the current funding rate before opening a perpetual position, and factor it into your risk calculations.

How the referral discount affects futures fees

The 20% fee discount from the referral code pPBkDZ6m applies to both maker and taker fees on futures. For a taker, this means paying 20% less on every market order. For a maker, the discount reduces the already-lower maker fee even further. Over time, these savings compound, especially for high-frequency traders or those operating with large position sizes. The discount does not apply to funding rates. Funding is a separate mechanism and is not considered a trading fee, so the referral discount has no effect on it. This is an important distinction that many new traders overlook.

Risks of futures trading on MEXC

Futures trading involves leverage, which amplifies both gains and losses. MEXC offers high leverage on many pairs, but high leverage can liquidate your position in minutes if the market moves against you. Always use stop-loss orders and size your positions appropriately. The 0% maker fee has volume conditions. If your trading volume drops below the required threshold, you may lose the zero-fee benefit and revert to a standard rate. Micro-cap futures pairs on MEXC can have wide spreads and thin liquidity, making entry and exit more expensive than the headline fee suggests. Without KYC, your account has lower withdrawal limits, which can be problematic if you accumulate significant profits.

Frequently asked questions

questions

What are MEXC futures taker fees? MEXC futures taker fees are higher than spot taker fees, reflecting the complexity of derivatives trading. The exact rate depends on your trading volume and whether you have a referral discount. Yes, the 20% discount from the referral code pPBkDZ6m applies to both maker and taker fees on futures trading. The discount is applied automatically.

Are funding rates affected by the referral discount? No. Funding rates are separate from trading fees and are not eligible for the referral discount. You pay the full funding rate regardless of your referral status.

• Compare the taker and maker rate separately, since the gap between them is where most of the saving is
• Check the withdrawal fee for the specific network you intend to use, not just the trading fee
• Review your 30-day volume against the published tier thresholds before assuming your rate