What are Maker and Taker?
Maker (Liquidity Provider) refers to the party whose order enters the order book after being placed and waits to be executed, providing liquidity to the market.
Taker (Liquidity Consumer) refers to the party whose order is executed immediately against existing orders in the market upon being placed, consuming market liquidity.
Core Logic of Determination: Is your order waiting for someone else to execute it, or are you actively executing someone else's order?
Waiting for others to execute = Maker; Actively executing others' orders = Taker.
| Maker | Taker |
Futures Fee Rate | 0.02% | 0.05% |
Spot Fee Rate | 0.05% | 0.05% |
Characteristics | Enters order book to wait for execution | Executes immediately against existing orders |
Related Questions: What do Maker and Taker mean / What is the difference between Maker and Taker / Why are my fees different / Is the Maker fee rate lower?
Market Orders
Market orders are executed immediately at the current best market price. Since they actively consume liquidity, they are always Takers and are subject to Taker fee rates.
Related Questions: Is a market order Maker or Taker / What is the fee rate for opening a position at market price / What fee rate is charged for closing a position at market price?
Limit Orders
The determination of a limit order depends on whether it is executed immediately after being placed:
Enters the order book to wait for execution → Maker
Executes immediately because the price condition is already met → Taker
Example: If the current BTC market price is 90,000 USDT and you place a buy order at 89,000 USDT, the price has not yet reached that level, so the order enters the order book to wait; this is a Maker. However, if you place a buy order at 91,000 USDT (higher than the current market price), the system will execute it immediately at the best market price. In this case, even though it is a limit order, it is actually a Taker.
Related Questions: Is a limit order Maker or Taker / Why was I charged a Taker fee for a limit order / Is a limit order always a Maker / When does a limit order count as a Taker?
Take Profit and Stop Loss (TP/SL) Triggers
The execution method after a TP/SL is triggered depends on the trigger type you have set:
Market Trigger → Executed at market price after triggering → Taker
Limit Trigger → Enters the order book as a limit order after triggering → Depends on whether it executes immediately (usually Maker)
Most users default to using Market TP/SL; therefore, Taker fee rates (0.05%) usually apply once triggered.
Related Questions: Is TP/SL Maker or Taker / What fee rate is charged after a stop-loss is triggered / Why was I charged a Taker fee for a take-profit trigger / What is the TP/SL fee rate?
Close All
Close All uses market execution to actively consume liquidity. It is always a Taker and is subject to the Taker fee rate of 0.05%.
Related Questions: What is the fee rate for One-Click Close / Is One-Click Close Maker or Taker / How much fee is charged for manual closing?
Reverse
A Reverse operation involves closing the existing position and opening an opposite position simultaneously. This generates two fees: one for closing and one for opening. Since Reverse operations use market execution, both are subject to the Taker fee rate of 0.05%. Reversing does not save on fees; it costs the same as executing a close and an open separately.
Related Questions: How are fees calculated for Reverse operations / How many times are fees charged for Reversing / Is Reverse Maker or Taker / Is Reversing cheaper?
Futures Grid Bot
Futures Grid bots use the limit order method to place orders. These orders enter the order book and wait to be triggered, making them Makers subject to the 0.02% Maker fee rate. This is why futures grid fees are lower than manual market trading.
Related Questions: Is the Futures Grid Maker or Taker / What is the fee rate for grid bots / Why are grid fees lower / What fee rate does the bot use?
Spot Grid Bot
In Spot trading, the fee rates for Maker and Taker are the same (0.05%). Therefore, the fee rate for Spot Grid bots remains the same regardless of how the trade is executed.
Related Questions: Is the Spot Grid Maker or Taker / What is the fee rate for Spot Grid / Spot bot transaction fees?
Relationship Between Maker/Taker and Grid Profits
Futures Grid bots apply the 0.02% Maker fee. The system automatically displays the estimated profit per arbitrage on the settings page (net of fees). This value is always non-negative, so users do not need to worry about fees eroding grid profits.
Related Questions: How much grid spacing is needed to avoid losing money on fees / How are grid profits calculated / Will fees eat up grid profits / Will I lose money if the grids are set too densely?
Why was I charged a Taker fee even though I set a Limit Order?
There are two most common reasons:
Price Advantage: Your limit order price was better than the current market price. The system determined it could be executed immediately and filled it at the best market price, categorizing it as a Taker. For example, if the current asking price is 90,000 USDT and you place a buy order at 91,000 USDT, it will execute immediately instead of waiting in the book.
Conditional Trigger Orders: You used a conditional trigger (such as TP/SL). Once the trigger condition is met, the system executes the close or open at the market price. This is a market execution subject to Taker fees. Even if your trigger price is a specific number, the execution method itself is still "Market."
Related Questions: Why was I charged a Taker fee for a limit order / What causes a limit order to become a Taker / Why is the fee higher than expected / How to ensure I get the Maker fee rate?