How do BingX standard futures fees differ from perpetual futures fees?

BingX runs two futures products with different fee models. On standard futures, BingX's fee schedule says the trading fee is only charged when you close a position: it is recorded when you open and deducted after you close. The price you trade at also carries a spread, which BingX sets from the long-short ratio and which can widen when liquidity is thin. On perpetual futures, a trading fee of position value × fee rate is charged on both the open and the close, at the maker or taker rate depending on how each order fills. Neither is cheaper in every case — compare the fee line and the fill price on a real round trip.

Two products, two fee models

BingX lists standard futures and perpetual futures separately in its fee schedule, and the cost of a trade is built differently on each:

Standard futures — one trading fee per position, recorded at open and deducted after close, plus a spread set by the long-short ratio.
Perpetual futures — a maker or taker fee on every fill, at open and again at close, on the order book.

Standard futures: one fee, charged at close

BingX's fee schedule states that the standard futures trading fee is only charged when closing a position — when you open, the fee is recorded, and it is deducted after the position closes. So you will not see a fee taken from your balance at entry, but it is not waived: it arrives with the close.

The second cost is the spread. BingX says standard futures spreads are determined by the long-short ratio and may widen when liquidity is poor. The spread is not a fee line — it is inside the price you open and close at, the same way slippage is (see slippage vs trading fee).

Standard futures also have funding: BingX's schedule lists it as exchanged between long and short positions every 8 hours, at 0:00, 8:00 and 16:00, with isolated-margin positions settled when the position closes and cross-margin positions at each funding time.

Perpetual futures: maker or taker on both sides

BingX's current fee overview describes the perpetual structure as trading fee = position value × trading fee rate, charged when a position is opened or closed. A market order pays the taker rate and a limit order that rests on the book pays the maker rate. At BingX's standard perpetual rates that is 0.02% maker and 0.05% taker per side, lower at higher VIP levels; the rate on the order page when you place the order is the one that applies. Funding on perpetuals is settled three times a day and only on open positions, and it passes between traders rather than going to the exchange (see funding fee vs trading fee).

Comparing a round trip

Perpetual: fee on the open + fee on the close, each on the position value at that fill (see how to calculate futures fees and maker vs taker fees).
Standard: one fee taken at the close, plus whatever the spread adds to your entry and exit prices.

The standard futures rate and spread are set by BingX and change with market conditions, so there is no fixed answer to which is cheaper. The reliable way to compare is to make a small round trip on each and read the fee line in your trade history next to the fill prices — see where to see trading fees paid.

What a fee rebate covers

A fee rebate is a share of the trading fee actually charged, calculated from the commission the exchange reports. The spread is part of the price, not a fee, and funding is paid between traders, so neither is rebated. Which BingX products count toward its affiliate commission is set by BingX's own program; if you trade standard futures, compare your rebate history with the fee lines in your trade history rather than assuming the two products are treated the same.

Frequently asked questions

Are BingX standard futures fee-free when I open a position?

No. BingX's fee schedule says the standard futures fee is recorded when you open and deducted after you close — it is charged once, at the close, not waived.

Do standard futures have a spread?

Yes. BingX says standard futures spreads are determined by the long-short ratio and may widen when liquidity is poor. The spread is inside the price, not a separate fee line.

Do perpetual futures charge a fee on both the open and the close?

Yes. BingX's fee overview describes the perpetual fee as position value × fee rate, charged when a position is opened or closed, at the maker or taker rate depending on how each order fills.