LBank fees explained: 0.003% taker from the first order, and what that does to a year of trading

Posted by the operator of RebateMax

I earn a referral commission from LBank when you register through my link or code, so read this post knowing that. Every rate in it comes from LBank's published fee schedule, checked on 24 August 2026, and from the agreement LBank has with this site. If LBank changes its schedule, this post will be corrected, dated, at the top.

Most traders have never read their own exchange fee schedule, and the ones who have rarely multiplied it out over a year. I wrote that post for BingX a while back. LBank has been the second venue here since August and nobody had written the equivalent, so here it is, with the same structure and the same rule: numbers you can check against your own statement.

The short version

• LBank's standard perpetual-futures fees are 0.02% maker and 0.06% taker. That is the published schedule for a new account with no volume history.
• Registered with code 60VZB, the same account pays 0.0015% maker and 0.003% taker. That is 92.5% and 95% below the standard rates. It applies from the first order. There is no volume ladder to climb, nothing to claim afterwards, and no expiry.
• Per $100,000 of taker volume, that is $3 instead of $60. Per $1,000,000, $30 instead of $600.
• These figures are perpetual futures only. I have not verified LBank's spot rates and I am not going to quote a number I have not checked.
• A low fee is not a reason to trade a thin book. LBank's strength is early altcoin listings, and on a day-old token the spread can cost more than every fee in this post put together.

What LBank charges

LBank's main venue for active traders is perpetual futures, and that is what this post covers. The published standard schedule is 0.02% for a maker order and 0.06% for a taker order.

If those two words are new to you: a maker order sits on the order book waiting to be filled, like a limit buy below the current price. A taker order fills immediately against orders already on the book, like a market buy. Exchanges charge takers more because takers consume the liquidity that makers provide. The BingX fees post has the longer version.

Two things matter more than the labels.

The fee is charged on the notional value of the position, not on your margin. Open a $10,000 position at 10x leverage and your margin is $1,000, but the taker fee is 0.06% of $10,000, which is $6.00. Open the same $10,000 position at 25x and the fee is still $6.00. Leverage changes your capital at risk. It does not change your fee.

Every fill pays a fee. A position opened and closed with taker orders pays 0.06% twice. On a $10,000 position that is $12.00 round trip at the standard rate. If you trade ten such positions a day, that is $120 a day, and a $10,000 position never had to grow for you to pay it.

What the code changes

Register on LBank with referral code 60VZB, either by typing it into the referral field on the sign-up form or by using the link on the LBank page, which carries it for you. The perpetual-futures rates on that account are then 0.0015% maker and 0.003% taker.

Three things about how it works, because they are where affiliate pages usually get vague:

1. It starts on the first order. There is no 30-day volume to reach first and no tier to unlock. The rate is on the account from registration.
2. There is nothing to redeem. No coupon, no claim button, no monthly renewal. LBank applies the rate at the exchange level.
3. It cannot be added to an existing account. Referral attribution on LBank happens at registration, and no partner can change it afterwards. If you already have an LBank account, this rate is not available to it, and anyone telling you otherwise is guessing.

The standard-versus-code arithmetic on the round trip above: $12.00 becomes $0.60.

Where the money comes from

LBank pays affiliate partners a commission on the trading fees their referred users generate. Ours is on an 85% basis, and rather than keeping it, we have it applied to your account as a lower rate. That is the whole model. You never pay this site anything, there is no subscription, and if you register and never trade, we earn nothing.

This is a different mechanism from the BingX deal. On BingX, you pay the standard fee and half of it comes back to you. On LBank, the fee itself is lower at the exchange. Both are permanent and neither has a volume requirement. The BingX referral post explains the BingX side.

The dollar math

Fees on their own are abstract. Here is what the two schedules cost per unit of taker volume, which is the honest worst case for an active trader.

Maker volume is cheaper on both sides: $20 per $100,000 at the standard 0.02%, $1.50 with the code at 0.0015%.

Now a year of trading. Most active traders are a mix, so take a 60/40 taker/maker split, which gives a blended rate of 0.044% per fill on the standard schedule and 0.0024% per fill with the code. "Monthly volume" below means everything filled in a month, entries and exits both, because every fill pays.

$50,000 a month. Standard: $22.00 a month, $264 a year. With the code: $1.20 a month, $14.40 a year. The saving is real and it is also not a reason to open an account anywhere. If this is your size, trade where you are comfortable.

$500,000 a month. Standard: $220 a month, $2,640 a year. With the code: $12 a month, $144 a year. About $2,500 a year stays in the account instead of going to fees.

$5,000,000 a month. Standard: $2,200 a month, $26,400 a year. With the code: $120 a month, $1,440 a year. Just under $25,000 a year. At this size, the usual route to rates like these is a VIP ladder that asks for $50 million or more a month; here the rate is on the account from trade one.

If your mix or your size is different, the fee comparison runs the same arithmetic on your own volume for LBank and BingX side by side. One difference to know before you check my numbers against it: it assumes every fill is a taker fill and treats the figure you type as one-way volume, so it quotes the expensive case and its annual totals run roughly two and a half times the blended ones above. Both are honest; they answer different questions.

Both venues, one round trip

The same $10,000 taker round trip on each schedule, so you can see the four numbers next to each other:

LBank is the cheaper venue on raw perpetual fees and has the wider altcoin book. BingX is the deeper, more established venue, with campaigns and the graded signal record attached. I promote both and they are for different traders.

What this post does not cover

Spot. The rates above are perpetual futures, which is what has been verified against LBank's schedule. Spot may or may not be a good deal for you; this post makes no claim either way.

Slippage. LBank's reputation is early listings, often within a token's first 24 to 48 hours. Early listings mean thin order books and violent moves. On a thin book the spread can cost more than the fee, and a position size that makes sense on BTC does not make sense on a day-old token. Access is not endorsement, and a 0.003% fee is not a reason to trade something you would otherwise avoid.

Solvency. I am not in a position to audit an exchange's balance sheet and I am not going to imply that I am. What I can tell you is what the published schedule says, what the agreement is, and what the arithmetic works out to.

Check it on your own statement

Do not take my word for the rate. Once you have registered and placed one small perpetual-futures order, open the order in your trade history and read the fee line.

On a $10,000 notional taker fill, the fee line should read $0.30 with the code and $6.00 without it. On a $1,000 fill, $0.03 against $0.60. If the fee on your filled order matches the standard schedule rather than the coded one, the code was not attached at registration, and there is no way to attach it later. Check this on your first order, not your hundredth.

For a whole month: export your trade history, sum the fee column, and divide by the total notional you filled. That is your effective rate. With the code it should sit between 0.0015% and 0.003% depending on your maker/taker mix. If it does not, something in this post is wrong and I want to know.

The point of writing this

"0.003% taker" is the strongest single number this site can honestly state, and a number that strong is exactly the kind that gets quoted without its conditions. So here are the conditions again, in one place: perpetual futures only, from the first order, applied at registration and not after, and on the notional value rather than your margin.

One last thing, because a post with a fee number in the headline can read like an argument for trading more: a lower fee improves your cost basis, not your strategy. It makes a good trade slightly better and a bad one slightly less expensive.

If you want the rate, register through rebatemax.trading/lbank or with code 60VZB on the sign-up form. If you do not, the arithmetic above still works on any exchange fee schedule you care to put into it, and the calculator is free either way.

Next in this series: BingX vs LBank — which venue suits which trader, on fees, listings, copy trading and geography.