← All lessons

Maker vs taker: the fee you choose with every order

Beginner · 4 min · Last reviewed 2026-10-15

A taker order fills immediately against orders already in the book (a market order, or a limit order priced to cross). A maker order rests in the book and waits for someone else to fill it. Exchanges charge takers more because makers supply the liquidity.

What it costs

Fees are charged on the notional — the full position size, not your margin. At 0.055% taker, opening and closing a 10,000 USDT position costs about 11 USDT. The same round trip at a 0.02% maker fee costs about 4 USDT.

What to do with it

• If you are not in a hurry, a limit order that rests in the book usually pays the maker fee.
• "Post-only" orders cancel instead of filling as taker — useful when you want to be sure.
• Leverage does not change the fee rate, but it multiplies the notional, so it multiplies the fee in dollars.

Each exchange page on this site lists its published maker and taker fees and the date we last checked them.

Education only — not investment, tax or legal advice.