When does a new VIP fee tier take effect?

Update times by exchange

| Exchange | When the tier updates | What it is based on | |---|---|---| | OKX | Daily, 4:00–6:00 AM (UTC+8) | The higher of total account assets or 30-day trading volume | | BingX | Daily, 03:00 (UTC+8) | Any one of 30-day spot volume, 30-day futures volume or asset balance | | MEXC (futures) | Daily, 16:00 (UTC), "may be slightly delayed" | Futures account wallet balance or 30-day trading volume |

Sources: OKX "VIP rate adjustment FAQ" (updated August 2026), BingX "VIP Club" help article (November 2023), MEXC "Futures Tiered Fee Rates" (September 2020 announcement — check MEXC's fee page for current tiers).

What this means in practice

• Crossing a threshold mid-day doesn't change the fee on your next trade. The new rate starts after the next daily update. BingX notes its volume data refreshes every five minutes, but the level itself changes once a day.
• No application needed. OKX says no manual application is required; BingX says meeting any one criterion qualifies you automatically.
• Downgrades follow the same clock. OKX adjusts the tier the following day if your assets or volume fall below the requirement.
• Volume counts both sides. MEXC defines futures trading volume as opening + closing across all contract types, so a round trip counts twice.
• Sub-accounts follow the main account. OKX applies the main account's tier to a new sub-account from 00:00 (UTC+8) the day after it is created (sub-account fees and rebates).
• Zero or negative rates aren't discounted further. MEXC's tier announcement says the tier discount isn't used when the contract fee rate is 0 or negative, and market makers are excluded.

To see how much a tier changes your cost, compare the standard taker rates across exchanges on the crypto futures fee index and work through a trade with how futures fees are calculated. Background on the tiers themselves is in the VIP level glossary entry.

VIP tiers and fee rebates

A fee rebate is a share of the fee you actually paid, so a tier upgrade lowers the fee and the rebate on it by the same proportion — your total cost still falls (how VIP tiers and rebates combine). Current figures on loweef's partner exchanges:

Exchange	Total rate	Welcome boost	Effective taker
AlphaX	65%	—	0.0175%
BingX	60%	70%	0.0200%
OKX	50%	60%	0.0250%
MEXC	55%	65%	0.0180%

Figures are estimates based on published fee schedules; tier requirements and update times are set by each exchange and can change.