For the complete documentation index, see llms.txt. This page is also available as Markdown.

Trading Fees (Maker & Taker)

How trading fees work on Yellow.pro for Spot and Perpetuals, and the difference between maker and taker orders.

Yellow.pro charges a trading fee when your order is filled on a Spot or Perpetual market. The amount depends on your VIP tier and whether your order acts as a maker or taker.

How Trading Fees Are Calculated

Fee = Fill Value × Fee Rate, where Fill Value = Price × Size.

Example: buy 1 ETH at 2,000 USDT with a 0.1% taker fee → Fill Value = 2,000 USDT, Fee = 2,000 × 0.001 = 2 USDT.

Fees are charged only on filled orders — cancelled or unfilled orders cost nothing, and partial fills are charged only on the filled portion. The fee currency differs by market:

  • Spot — charged in the asset you receive: the base asset when you buy (e.g. ETH on an ETH-USDT buy), the quote asset when you sell (e.g. USDT on an ETH-USDT sell).

  • Perpetuals — charged in the quote currency (e.g. USDT).

Maker vs Taker

Your rate depends on whether your order adds or removes liquidity:

  • Maker — adds liquidity by resting in the order book (e.g. a limit buy below the market, or a limit sell above it). Lower fee.

  • Taker — removes liquidity by filling immediately against existing orders (market orders, or limit orders that match an existing price). Slightly higher fee.

Order type doesn't always decide this: a limit order placed away from the market is usually a maker, but a limit order placed at a matching price fills instantly as a taker.

At higher VIP tiers, Perpetual maker fees fall — reaching 0% at VIP 4 and above. See VIP Tiers & Fee Discounts.

Spot vs Perpetual

Spot trading has slightly higher fees than Perpetual trading. Your exact maker and taker rates on both markets are set by your VIP tier — see the full schedule in VIP Tiers & Fee Discounts.

Important Things to Know

  • Funding fees are separate — Perpetual traders also pay funding fees (every 8 hours).

  • Your VIP tier updates automatically as your trading activity or $YELLOW balance changes.

  • No separate $YELLOW discount — your savings come from your VIP tier, not from paying fees with $YELLOW. See $YELLOW Token & Fee Discounts.

  • The fee you pay is divided internally afterwards — see Fee Split Explained.

Where to Check Your Fees

View exact fees in your trade history — Spot at yellow.pro/spot/orders?tab=trades, Perpetual at yellow.pro/perps/orders?tab=trades. Each trade shows the fee type (maker or taker), the amount charged, and the executed price and size.

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