Why rebates

You pay the fee whether you win or lose. A share of it is already being paid out — the only question is to whom.

Traders obsess over entries and ignore the one number that is charged on every fill, in every market condition, for as long as they trade. This page answers the questions underneath that: what fees really cost once leverage is involved, where rebate money comes from, and why not claiming it is a decision — just an invisible one.

6%
of your margin, per round trip, at 50× and a 0.06% taker fee
0.036%
effective round-trip cost at a 70% rebate — down from 0.12%
100%
of the affiliate commission is paid out either way — to you or to someone else

The cost you're not looking at

Why should I care about trading fees at all?
Because fees are the only part of your trading you pay with certainty. Your entries can be right or wrong, the market can go your way or against it — but the fee is charged on every single fill, on the winners and the losers alike. Most traders spend their attention on the uncertain half of the equation and ignore the one line item that is guaranteed, recurring, and — through a rebate — partly recoverable. Over a year of active trading, fees are usually the single largest controllable cost in the whole operation.
How much do fees actually cost me? Show me the math.
Fees look small because they are quoted against notional size, not against your capital. Take 1,000 USDT of margin at 50× leverage — a 50,000 USDT position. At a 0.06% taker fee that is 30 USDT to open and 30 USDT to close: 60 USDT per round trip, or 6% of your margin, before the market has moved at all. Ten round trips in a month is 600 USDT of fees — 60% of the account you started with. At a 70% rebate, 420 USDT of that comes back, so your net fee burden drops from 60% of the account to 18%. Nothing about your strategy changed; only how much of the fee you kept.
I'm not a high-volume trader. Is a rebate still worth it?
Yes, because it costs you nothing to have. There is no fee, no minimum and no subscription — the rebate is a percentage of fees you were already going to pay, so the worst case is that it is small, never that it is negative. The percentage is identical whether you trade $50,000 or $5,000,000 a month; only the absolute number changes. Run your own figures through the rebate calculator.

What the same fee looks like across a year, at a 0.06% taker fee and a 70% rebate:

Monthly volumeFees paid / monthRebated / monthRecovered / year
$50,000$30$21$252
$250,000$150$105$1,260
$1,000,000$600$420$5,040
$5,000,000$3,000$2,100$25,200

Illustrative only — your actual fee depends on your venue, VIP tier and maker/taker mix.

Where the money actually comes from

Where does the rebate money actually come from — is the exchange losing out?
No. It comes out of the exchange's user-acquisition budget, not out of its fee revenue. Exchanges compete hard for active traders and would rather pay a share of your fees to whoever brought you in than pay for advertising that may never convert. That commission is a standing marketing cost they have already budgeted for. A rebate desk holds those affiliate relationships and passes the bulk of the commission on to you. Your own fee schedule is untouched — you pay the exchange exactly what you would have paid anyway.
If I don't register through a rebate link, what happens to that commission?
It does not come back to you, and it does not stay in your pocket. Either the exchange simply never pays it out, or it goes to whichever affiliate's link you happened to click on the way in — an influencer, a review site, an ad. This is the part most traders miss: the commission on your fees is being generated whether you benefit from it or not. Registering through a rebate desk does not create a new cost or a new discount. It just redirects money that was always going to be paid to somebody back toward the person who actually generated it.
Why can't I just get this directly from the exchange myself?
You can apply to most affiliate programs as an individual, but you will be quoted an entry-tier rate. Affiliate commission tiers scale with the total volume a partner brings, not with what any one trader does — so a desk that aggregates hundreds of traders sits in a far higher bracket than any single account could reach alone. That is the whole economic reason a rebate desk exists: it negotiates on pooled volume and shares the higher tier back. Registering yourself as your own affiliate also runs straight into the self-rebate problem below.

What it changes for you — and what it doesn't

Does a rebate change my fee schedule, my execution, or my account in any way?
No. You trade on an ordinary exchange account, on the exchange's own platform, with the same maker/taker schedule, the same matching engine, the same order types and the same withdrawal rules as anyone else. The rebate is settled after the fact, as a separate monthly credit, entirely outside your trading. Nobody sits between you and the order book, and the desk never holds your funds. The only difference between a rebated account and a normal one is which referral link was used at registration.
Does the rebate stack with VIP tiers and exchange token discounts?
Generally yes, because they operate on different layers. VIP tiers and token-paid discounts (BNB, MX, GT and similar) reduce the fee you are charged in the first place; the rebate returns a share of whatever fee still gets charged. Lowering your headline rate shrinks the base the rebate is calculated on, but you come out ahead on both — a smaller share of a smaller fee still beats the full fee with no rebate at all. Exact interactions vary by venue and by VIP level, so ask us before you assume a specific combination.
How much does a rebate move my strategy's breakeven?
Enough to change which strategies are viable. A 0.06% taker fee is 0.12% per round trip; at a 70% rebate your effective round-trip cost falls to about 0.036%. Consider a strategy with an average gross edge of 0.10% per round trip: at full fees it loses roughly 0.02% per trade and bleeds out slowly, while at the rebated rate it nets roughly 0.06% and compounds. Nothing about the signal changed — only the cost floor underneath it. This is why the rebate matters most to the traders who touch the book most often: scalpers, high-frequency and API strategies, and market makers.

The obvious objections

This sounds too good to be true. What's the catch?
The catch is simply that the desk keeps a margin. The exchange pays a commission on your fees, we retain a portion as service revenue and rebate the rest to you — that is the entire business model, and it is why the incentives line up: we only earn when you are trading and getting paid. What you should watch for are the things a legitimate desk never asks for. We do not charge a joining fee, do not take custody of your funds, and never ask for your account password or API withdrawal keys. The one real constraint is that affiliate links cannot be attached to an existing account retroactively, so the rebate requires registering a fresh account through our link.
What should I look for when choosing a rebate provider?
Five things. No custody and no credentials — a desk that asks for your password, your API withdrawal keys or a deposit is not a rebate desk. UID-based settlement, so the rebate is credited against the exchange account the exchange itself identifies as yours. Published rates per exchange rather than a vague "highest in the market" claim you cannot check. A verifiable settlement rhythm you can reconcile against the exchange's own commission report. And genuine official affiliate status with the venues it lists. Anything that requires you to trust a number you cannot independently verify is worth a second look.
Why not just open two accounts and rebate myself?
Because exchanges classify it as self-rebate and their risk-control systems are built to detect it. Binding one of your own accounts as the referrer of another gets accounts frozen and commissions clawed back, and appeals rarely go anywhere. It is also the worse deal even when it works: a direct rebate through a desk pays a higher percentage than an individual entry-tier affiliate account, on a single clean account, with none of the risk-control exposure. The Direct Rebate track exists precisely to replace this trick.
The one thing worth remembering. A rebate is not a promotion, a discount code or a bonus you have to chase. It is a standing share of a commission the exchange pays out on your trading either way. Not claiming it isn't neutral — it's a quiet transfer to somebody else, repeated on every trade you place, for as long as you keep the account.

Want the mechanics rather than the reasoning? The complete rebate guide covers how commission is calculated, the two programs, and the setup step by step. Practical questions about payouts and accounts are in the FAQ.


Stop donating your fees

Up to 70% back, settled monthly, credited by UID. Free to join — no fee, no minimum, no keys.