Updated Rules checked 2026-10-12
Pionex’s grid bots charge no usage fee. What you pay is the trading fee on every fill: Spot Grid charges 0.05% on each buy and on each sell, and USDT-M Futures Grid places limit orders, so the Maker rate of 0.02% applies. One complete “buy low, sell high” round in a grid takes two fills, so each grid’s price gap has to be above about 0.1% on Spot Grid and above about 0.04% on Futures Grid before anything is left as net profit after fees.
That threshold decides how finely you can split a grid. Take BTC in a 100,000–110,000 USDT range (10% wide): a Spot Grid with 32 grids makes about 0.3% per grid, and fees take a third of the gross profit; at around 95 grids you just break even; at 200 grids each grid’s gross profit is only about 0.048%, so every completed grid loses money, and the more it trades, the more it loses.
This article covers Pionex’s official fee rules, the break-even formula, worked examples at different grid counts, how Futures Grid and Futures Moon differ, and how the threshold moves once a referral code gets you a fee reduction.
Key points
1. Pionex’s Spot Grid, Futures Grid, Infinity Grid and other bots are free to use and only charge normal trading fees on fills. Futures Moon is the exception: it charges no trading fees while running and takes 20% of total profit instead.
2. A complete buy and sell in one Spot Grid grid is charged 0.05% twice, so grid spacing must be above about 0.10% to make a net profit; Futures Grid at Maker 0.02% has a threshold of about 0.04%.
3. Fees as a share of each grid’s gross profit = 2 × fee rate ÷ grid spacing. Pionex’s AI-recommended parameters target about 0.3% profit per grid (before fees), so on Spot Grid about a third of it goes to fees.
4. In a 10%-wide price range, Spot Grid still makes a net profit at up to about 95 grids in geometric mode and up to 90 grids in arithmetic mode; Futures Grid (Maker) at up to about 238.
5. Leverage doesn’t change the break-even spacing per grid, but Futures Grid also pays funding fees, and if the price keeps moving against you, the position may be liquidated.
The figures below were checked against official pages on 2026-10-12 (fact-check date) and are provided for reference.
Do Pionex grid bots cost money? How are fees charged?
There’s no separate charge. Pionex states that bots such as Spot Grid, Futures Grid, Martingale and the Rebalancing Bot are free to use, with no subscription or management fee; you only pay normal trading fees when a bot actually fills an order (Pionex trading fee overview). Here is how each grid type is charged:
| Bot | How it’s charged (VIP 0) | Fees for one complete buy and sell in a grid | Official source |
|---|---|---|---|
| Spot Grid | 0.05% per fill, same for Maker and Taker | 2 × 0.05% ≈ 0.10% | Spot Grid FAQ |
| Infinity Grid (spot) | Spot rate; profit per grid can be set from 0.09% to 10%, default recommendation 0.6% | 2 × 0.05% ≈ 0.10% | Infinity Grid guide |
| USDT-M Futures Grid | Fills as limit orders at Maker 0.02%, based on notional value | 2 × 0.02% ≈ 0.04% | Trading fee overview |
| Futures Moon | No trading fees while running; 20% of total profit is charged when the order is closed or reduced or profit is withdrawn, and nothing is charged without profit | 0 | Futures Moon guide |
The Spot Grid FAQ puts it plainly: one fee on each buy and one on each sell, so a complete “buy low, sell high” round is charged twice; fee = trade amount × 0.05%. Each grid fills at a different price, so the amount deducted varies a little each time, while the rate stays fixed. The official fee table doesn’t list coin-margined Futures Grid separately from USDT-M.
How does grid trading make money, and why do fees matter so much?
A grid bot splits the price range you set into many levels and places buy orders below the current price and sell orders above it. When the price drops to a level, it buys; when the price climbs back to the level above, it sells. Each completed “buy low, sell high” round earns one grid’s price gap, which Pionex calls grid profit (Pionex Grid Trading Bot guide).
The catch is that each grid earns only a small price gap, while fees are charged on every fill. In manual trading, one buy and one sell might earn 5% or 10%, and a 0.1% round-trip fee barely registers; a grid might make only 0.3%, so a 0.1% fee is a third of it. The finer the grid, the smaller the gap per grid and the bigger the share fees take, until past a certain grid count, more fills mean bigger losses.
How much profit per grid do you need to avoid a loss? The break-even formula
Let the grid spacing be g (price gap between two adjacent grid lines ÷ buy price) and the fee rate per fill be f. Buy quantity Q at price P and sell it at P × (1 + g):
- Gross profit: Q × P × g
- Fees: Q × P × f on the buy, plus Q × P × (1 + g) × f on the sell
- Net profit rate per grid: g − f × (2 + g), roughly g − 2f when g is small
- Break-even spacing: g = 2f ÷ (1 − f). Spot Grid with f = 0.05% gives 0.10005%; Futures Grid with f = 0.02% gives 0.04001%
- Fees as a share of gross profit: about 2f ÷ g. A Spot Grid at 0.3% per grid gives 0.1 ÷ 0.3 ≈ 33%; at 1% per grid, 10%
When Pionex’s AI recommends a grid count, it splits the range to target an arbitrage profit of about 0.3% per grid (before fees) (Pionex Grid Trading Bot guide). Put that into the formula and a Spot Grid nets about 0.3% − 0.1% = 0.2% per grid, with a third of the gross profit going to fees. The Infinity Grid guide also warns that if profit per grid is set too low, fees may eat into the profit, which is why its default recommendation is 0.6%.
Example: you put 1,000 USDT into a Spot Grid with a range of 100,000–110,000 USDT and 32 geometric grids, about 0.298% per grid, trading about 1,000 ÷ 32 = 31.25 USDT per grid. One completed grid makes a gross profit of 31.25 × 0.298% ≈ 0.093 USDT and pays two fees of 31.25 × 0.05% + 31.34 × 0.05% ≈ 0.031 USDT, for a net profit of about 0.062 USDT. Assuming 20 grids complete per day (only an assumption; the market decides), that’s about 1.86 USDT gross profit and about 0.63 USDT in fees per day; over 30 days, about 55.9 USDT gross profit, about 18.8 USDT in fees and about 37.2 USDT net profit, on about 37,500 USDT of trading volume.
Split the same 1,000 USDT into 200 grids instead, and each grid trades only 5 USDT with spacing of about 0.048%: each completed grid makes about 0.0024 USDT gross, pays about 0.0050 USDT in fees and loses about 0.0026 USDT net. A denser grid fills far more often; assuming 200 grids complete per day, you lose about 0.52 USDT a day, or about 15.7 USDT over 30 days.
Does the per-grid profit Pionex shows include fees?
Two official Pionex guides word this differently, so read them separately. The Grid Trading Bot guide says the “estimated arbitrage profit per grid” shown on the order page when you create a bot is the price gap between two adjacent grid lines, before fees, and is an estimate, with the confirmation page being final; the Futures Grid guide also says “before tax” (Pionex Futures Grid guide). The fee calculation guide, on the other hand, says the profit per grid shown on the bot page is net profit after fees (Pionex fee calculation guide).
The two may refer to different screens, but Pionex doesn’t say so clearly. My approach: before creating a bot, I subtract 0.1% for spot or 0.04% for futures from the per-grid profit rate shown, and treat what’s left as the expected net profit; once the bot is running, I check the trade details of the orders to see how much fee was actually deducted on each fill.
How many grids should you set before fees eat your profit?
The table below uses the same range (100,000–110,000 USDT) and a 1,000 USDT Spot Grid to work out gross profit, net profit and fee share per grid at different grid counts. In arithmetic mode every grid has the same price gap in USDT, so the lower-priced grids have a higher profit rate and the higher-priced grids a lower one, which is why the table shows a range; in geometric mode every grid has the same profit rate.
| Grids | Arithmetic price gap per grid | Arithmetic gross rate per grid | Geometric gross rate per grid | Geometric net rate after fees | Fees as share of gross profit | Amount per grid / net profit per grid |
|---|---|---|---|---|---|---|
| 10 | 1,000 USDT | 0.917%–1.000% | 0.958% | 0.857% | 10% | 100 USDT / 0.857 USDT |
| 20 | 500 USDT | 0.457%–0.500% | 0.478% | 0.377% | 21% | 50 USDT / 0.189 USDT |
| 32 | 312.5 USDT | 0.285%–0.313% | 0.298% | 0.198% | 34% | 31.25 USDT / 0.062 USDT |
| 50 | 200 USDT | 0.182%–0.200% | 0.191% | 0.091% | 52% | 20 USDT / 0.018 USDT |
| 80 | 125 USDT | 0.114%–0.125% | 0.119% | 0.019% | 84% | 12.5 USDT / 0.002 USDT |
| 100 | 100 USDT | 0.091%–0.100% | 0.095% | −0.005% | 105% | 10 USDT / −0.0005 USDT |
| 150 | 66.67 USDT | 0.061%–0.067% | 0.064% | −0.037% | 157% | 6.67 USDT / −0.002 USDT |
| 200 | 50 USDT | 0.045%–0.050% | 0.048% | −0.052% | 210% | 5 USDT / −0.003 USDT |
How it’s calculated: arithmetic price gap per grid = 10,000 ÷ grid count; gross rate of the top grid = gap ÷ (110,000 − gap), and of the lowest-priced grid = gap ÷ 100,000. Geometric gross rate per grid = the (grid count)th root of 1.1 − 1. Net rate = g − 0.05% × (2 + g). According to Pionex, the amount traded per grid is roughly investment ÷ grid count (Pionex guide to quantity per grid); in practice it is affected by the minimum order size.
Working back to the limit: with range width R and break-even spacing b, a geometric grid can have at most ln(1 + R) ÷ ln(1 + b) grids. For a 10%-wide range on Spot Grid that’s 0.09531 ÷ 0.0010000 ≈ 95 grids; in arithmetic mode, for even the most expensive grid to stay profitable, the maximum is 90 grids (at 91 grids the top grid is exactly 0.1000%, just under 0.10005%). The wider the range, the more grids you can set: for a 20%-wide range, the geometric limit is about 182 grids.
Too few grids come at a cost too. Pionex notes that with too few grids, if the price moves back and forth between two grid lines that are far apart, the bot won’t fill any orders; with only 2 grids it is close to a single “buy everything, sell everything” (Spot Grid FAQ). Also, the more grids and the smaller the amount per grid, the more likely you hit the trading pair’s minimum order size, and the minimum investment rises with it. Spot Grid has no fixed minimum investment; the system calculates it in real time from the range, grid count and trading pair and shows it at the bottom of the settings page.
How much do Spot Grid and Futures Grid fees differ?
Futures Grid limit orders pay the Maker rate of 0.02%, so the break-even spacing is only 40% of spot’s and the same range can be split more finely. Pionex’s official example uses 500 USDT margin, 10x and 20 grids: 5,000 USDT notional value, about 250 USDT per grid, a fee of 250 × 0.02% = 0.05 USDT per fill, and about 0.5 USDT for 10 triggers a day (Pionex fee calculation guide). Using the same capital and a 100,000–110,000 USDT range (geometric), here are different grid counts:
| Grids | Gross rate per grid | Net rate after Maker fees | Fees as share of gross profit | Notional value per grid | Net profit per grid |
|---|---|---|---|---|---|
| 20 | 0.478% | 0.438% | 8% | 250 USDT | 1.094 USDT |
| 50 | 0.191% | 0.151% | 21% | 100 USDT | 0.151 USDT |
| 100 | 0.095% | 0.055% | 42% | 50 USDT | 0.028 USDT |
| 200 | 0.048% | 0.008% | 84% | 25 USDT | 0.002 USDT |
| 238 | 0.040% | About 0 | 100% | 21 USDT | About 0 |
| 300 | 0.032% | −0.008% | 126% | 16.67 USDT | −0.001 USDT |
Futures Grid allows 2 to 1,000 grids and leverage of up to 100x (Pionex Futures Grid guide). Even though the limit is 1,000 grids, past about 238 grids in the range above, each grid no longer earns back its fees. BTC futures require at least 0.0001 BTC per grid, about 10.5 USDT at a price of 105,000 USDT, so 5,000 USDT of notional value can be split into at most about 476 grids (5,000 ÷ 10.5; Pionex guide to grid count and margin usage).
Leverage doesn’t change the break-even spacing. Fees and grid profit are both calculated on notional value, so at 10x both are multiplied by 10; measured against margin you earn more and pay more, and the threshold of about 0.04% per grid stays the same. What leverage changes is risk: when the price keeps moving against a Futures Grid and breaks out of the range, the bot holds its maximum position, losses keep building, and in the worst case it is liquidated, with losses that may exceed the grid profit already earned.
Futures Grid also has three costs outside the grid itself:
- The initial position when you start: when you tap “Create now”, the bot opens a position at the current market price. A long grid started in the middle of the range puts roughly half the capital into a position first, about 2,500 USDT of notional value in the example above. The bot guide doesn’t state a separate rate for this, but under Pionex’s definition that “a market order is always a Taker” (Maker vs Taker: the difference and how to tell), an estimate at 0.05% gives 1.25 USDT, the same as 25 Maker fills of 250 USDT each. A neutral grid opens no position at the start, so it has no such cost.
- Closing when take profit or stop loss triggers: once triggered, all unfilled orders are canceled and the position is closed at market in one go, which is again a market fill.
- Funding fees: the grid holds a perpetual futures position; major coins settle every 8 hours, and when the rate is positive, longs pay shorts. Pionex doesn’t collect funding fees; they pass between traders (Pionex funding fee guide). Assuming a funding rate of 0.01% (just an example), a 2,500 USDT long pays 0.25 USDT each time, or 0.75 USDT a day, which is already more than the grid fees above for 10 triggers a day (0.5 USDT). For how the funding rate is calculated, see what the funding rate is.
Is Futures Moon’s 20% management fee worth it?
Futures Moon charges no opening or closing fees while running; instead it takes 20% of total profit when the order is closed or reduced or profit is withdrawn, and charges nothing without profit. It uses a very wide range with a very dense grid; Pionex states profit per grid of about 0.1% (before fees) and more than 200 arbitrage trades per day on average; BTC Futures Moon starts at 500 USDT and ETH at 150 USDT (Pionex Futures Moon guide).
Pionex’s own example: 0.1 BTC per grid, buying at 100,000 and selling at 100,100 USDT. A regular Futures Grid earns 10 USDT on this grid and pays Maker fees on both sides of 0.02% × 0.1 × (100,000 + 100,100) = 4.002 USDT, leaving about 5.998 USDT; on Futures Moon the grid earns 10 USDT and keeps 8 USDT after the 20%. In general terms, Futures Grid fees take 0.04% ÷ g of gross profit while Futures Moon always takes 20%, and the two are equal at g = 0.2%. Below 0.2% per grid, Futures Moon costs less; above 0.2% per grid, a regular Futures Grid pays less.
Keep in mind that the 20% is charged on total profit, not only on grid profit. Pionex defines a grid’s total profit as grid profit plus trend PnL (the floating PnL of the position), so under that definition gains on the position from price moves also count toward total profit; Futures Moon is leveraged too, and a sharp one-way move can still liquidate it. Futures Moon charges no trading fees while running, so there are no fees to reduce either.
How does the fee threshold change on other exchanges?
Here is the same formula applied to the 13 exchanges this site covers. The table compares only VIP 0 spot rates for standard trading pairs and assumes every grid fill is a Maker fill; whether a bot’s fills count as Maker or Taker, and whether there are extra charges, depends on each exchange’s bot documentation, and the table doesn’t mean every exchange offers the same grid features.
| Exchange | VIP 0 spot Maker / Taker | Break-even spacing (Maker) | Max grids in a 10% range (geometric) | Fee share of gross profit at 0.3% per grid | Official source |
|---|---|---|---|---|---|
| Ourbit | 0% / 0% | 0 | Not limited by fees | 0% | Zero spot fee announcement |
| MEXC | 0% / 0.05% | 0 (0.10% on Taker fills) | Not limited by fees | 0% | Fee overview |
| Pionex | 0.05% / 0.05% | 0.10% | 95 | 33% | Trading fee overview |
| OKX | 0.08% / 0.1% | 0.16% | 59 | 53% | Fee page |
| Binance | 0.1% / 0.1% | 0.20% | 47 | 67% | Spot fee page |
| Bybit | 0.1% / 0.1% | 0.20% | 47 | 67% | Trading fee structure |
| Bitget | 0.1% / 0.1% | 0.20% | 47 | 67% | Trading fee FAQ |
| Gate | 0.1% / 0.1% | 0.20% | 47 | 67% | Fee page |
| BingX | 0.1% / 0.1% | 0.20% | 47 | 67% | Fee page |
| KuCoin | 0.1% / 0.1% (Class A coins) | 0.20% | 47 | 67% | VIP fee structure |
| WEEX | 0.1% / 0.1% | 0.20% | 47 | 67% | Fee explanation |
| XT | 0.2% / 0.2% | 0.40% | 23 | 133% (0.3% per grid loses money) | VIP program announcement |
| HTX | 0.2% / 0.2% | 0.40% | 23 | 133% (0.3% per grid loses money) | Fee page |
On an exchange with a 0.1% spot rate, two thirds of the 0.3% per grid that Pionex’s AI defaults to would go to fees; Pionex’s 0.05% lets the same range hold about twice as many grids. Platform token discounts, VIP tiers and referral rebates all push the actual rate lower. For each exchange’s fee details, see the lowest-fee crypto exchanges; for how maker and taker orders are told apart, see maker vs taker fees.
How do you get a Pionex fee reduction, and does it lower the break-even point?
Pionex’s referral code benefit is a fee reduction: fees are still deducted at the standard rate when you trade, and the reduced portion is paid to your main account in USDT afterward, once an hour (Pionex guide to adding a referral code later, Pionex rebate program FAQ). It’s calculated on the fees you actually generate, bot fills included; tokenized US stock spot and MEME don’t count (Pionex rebate rules v3).
Sign up for Pionex with referral code KEVINWU and the exchange’s automatic fee rebate (fee reduction) is 15% (updated 2026-10-23). The actual rate after the reduction = 0.05% × (1 − reduction rate), so the Spot Grid break-even spacing becomes about 0.1% × (1 − reduction rate), and Futures Grid’s about 0.04% × (1 − reduction rate). Because the reduction is paid afterward, the grid profit on the bot page doesn’t include it; look for it in the USDT records of your main account.
Below, using the roughly 37,500 USDT monthly volume of the 32-grid Spot Grid above and Pionex’s official Futures Grid example (250 USDT per grid, 10 triggers a day, about 75,000 USDT a month), is how much you could get back in a month:
Example: Spot Grid (0.05% per fill)
| Monthly volume | Fees (0.05%) | Auto rebate (15%) | Net fees |
|---|---|---|---|
| 10,000 USDT | 5 USDT | 0.75 USDT | 4.25 USDT |
| 37,500 USDT | 18.75 USDT | 2.81 USDT | 15.94 USDT |
| 100,000 USDT | 50 USDT | 7.5 USDT | 42.5 USDT |
Example at a spot fee rate of 0.05% and the current 15% automatic rebate (rate updated 2026-10-23). Your exchange statement prevails.
Example: Futures Grid (Maker 0.02%)
| Monthly volume | Fees (0.02%) | Auto rebate (15%) | Net fees |
|---|---|---|---|
| 75,000 USDT | 15 USDT | 2.25 USDT | 12.75 USDT |
| 150,000 USDT | 30 USDT | 4.5 USDT | 25.5 USDT |
| 500,000 USDT | 100 USDT | 15 USDT | 85 USDT |
Example at a futures fee rate of 0.02% and the current 15% automatic rebate (rate updated 2026-10-23). Your exchange statement prevails.
The referral code has to be entered at sign-up. If you didn’t enter one, you can add it within 14 days of signing up; if you have already placed an order manually or with a bot since signing up, you only have 3 days after sign-up; once bound, it can’t be changed or removed (Pionex guide to adding a referral code later). If you start a bot as a trial run first and come back to add the code later, it’s easy to miss the 3-day deadline. The referral code and sign-up link are on Pionex referral code, and the steps for adding one later are in adding a Pionex referral code after sign-up.
Numbers to check before starting a grid
Here are the rules above turned into numbers you can check one by one before creating a bot (not parameter advice):
- Profit per grid minus fees: subtract 0.1% for spot or 0.04% for futures from the per-grid profit rate on the order page; what’s left is the expected net profit. Pionex’s AI recommends about 0.3%, and Infinity Grid defaults to 0.6%.
- Grid count limit: estimate the Spot Grid limit with ln(1 + range width) ÷ ln(1 + 0.001). That’s about 95 grids for a 10% range, about 182 for 20% and about 262 for 30%; leave some room for spread and slippage.
- Arithmetic or geometric: in a very wide range, the high-priced grids of an arithmetic grid have a clearly lower profit rate than the low-priced ones, and if the grid is too fine, the most expensive grids turn unprofitable first; a geometric grid has the same profit rate in every grid, which makes it easier to compare against the threshold.
- Count funding fees separately for Futures Grid: a long or short grid holds a position as soon as it starts, and funding fees settle every 8 hours (every 4 hours for some coins); a neutral grid opens no position at the start.
- Risk outside the range: if the price falls below the lower bound, a Spot Grid ends up fully in the coin and the bot stops trading, and the grid profit earned so far may not cover the floating loss on the position; a Futures Grid may also be liquidated. To estimate the liquidation price, see the liquidation price calculator.
FAQ
Do Pionex grid bots cost money?
No. Pionex’s grid bots are free to use and only charge normal trading fees on fills: 0.05% per fill on Spot Grid, and Maker 0.02% on USDT-M Futures Grid. The only exception is Futures Moon, which charges no trading fees while running and takes 20% of total profit when there is a profit.
What are Pionex’s grid bot fees?
At VIP 0, Spot Grid charges 0.05% of the trade amount on each buy and each sell, about 0.1% for a complete buy-low, sell-high round in one grid; Futures Grid pays Maker 0.02% per fill, about 0.04% per grid, based on notional value. From VIP 1, the spot Maker and futures rates drop slightly (Pionex VIP tier rules); your own rate is whatever your VIP tier page shows after you log in.
How many grids should you set so fees don’t eat your profit?
Keep the grid spacing above the break-even spacing: about 0.1% for Spot Grid and about 0.04% for Futures Grid. In a 10%-wide range, a geometric Spot Grid can have at most about 95 grids and an arithmetic one at most 90; if you want fees to take only about a third of gross profit, each grid needs close to 0.3%, which is about 32 grids. The wider the range, the more grids you can set.
Does the per-grid profit Pionex shows include fees?
Pionex states that the “estimated arbitrage profit per grid” on the order page when you create a bot is the price gap before fees. Another fee guide says the profit per grid shown on the bot page already has fees taken out, so the two may refer to different screens. The conservative approach is to subtract 0.1% for spot or 0.04% for futures yourself before creating the bot, then check the trade details once it’s running.
Does high leverage on Futures Grid mean more fees?
In absolute amount, yes. Fees are calculated on notional value: the same 500 USDT margin is 5,000 USDT of notional value at 10x and 10,000 USDT at 20x, so fees double. But grid profit doubles too, so the threshold of about 0.04% per grid for a net profit stays the same; what changes is liquidation risk, since the higher the leverage, the easier it is to be liquidated. For the full futures fee calculation, see how futures fees are calculated.
What’s the minimum investment for a Pionex Spot Grid?
There’s no fixed minimum. The system calculates the minimum investment in real time from the price range, grid count and trading pair you choose and shows it at the bottom of the settings page; the more grids, the more likely each grid hits the minimum order size, and the higher the minimum investment. Infinity Grid has a minimum of 50 USDT, and BTC Futures Moon starts at 500 USDT.
Can a grid bot lose money?
Yes. A grid only makes money while the price moves back and forth within the range; if the price breaks below the lower bound and keeps falling, a Spot Grid ends up fully in the coin and stops trading, and the floating loss may exceed the grid profit already earned. Pionex also states that grid trading doesn’t guarantee a profit. When the grid spacing is below the fee threshold, more fills mean bigger losses; a Futures Grid may also be liquidated.
Do grid bot fills get the fee reduction too?
Yes. Pionex’s referral code fee reduction is calculated on the fees you actually generate, and both Spot Grid and Futures Grid fills count; it’s paid to your main account in USDT afterward, every hour. Tokenized US stock spot and MEME don’t count, and Futures Moon charges no trading fees while running, so there’s nothing to reduce there.
I’ve already signed up for Pionex. Can I still add a referral code?
You can add one within 14 days of signing up, but if you’ve already placed an order manually or with a bot, you only have 3 days after sign-up, and once bound it can’t be changed. Past the deadline, Pionex says the only option is to close your account, wait 30 days and sign up again; for detailed steps, see can you add a referral code after sign-up.
Pionex’s other fees (leveraged tokens, VIP thresholds, withdrawal fees) are covered in Pionex fees explained; for copy trading profit sharing and fees, see copy trading costs, and you can estimate futures holding costs with the futures cost calculator. For each exchange’s actual fee after referral rebates, see actual fees after referral rebates; referral codes for other exchanges are collected in crypto exchange referral codes.