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Maker Take Fee Confusion

Binance

Cryptocoins Exchanges / Binance 216 Views

Maker Take Fee Confusion

Hi Guys, I'm currently getting VERY confused with regards to how the maker taker fees are calculated (Binance Futures)

I am using the API to place LIMIT orders but it appears that Binance is still take fees based on the Taker schedule.

Here is an example:

BTCUSDT Perpetual2021-09-14 17:46:01 Sell 46,622.370.014 BTC 0.26108527 USDT0.00000000 USDT

I bought 0.014 BTC at 46622 which amounts to $652.70, so because this was a LIMIT order which is market maker, I should be charged $652.70 * 0.0002 = 0.1305416USD as the fee but instead I'm being charged double that which is the MAKER fee of 0.04%.

Here you can see that they were all LIMIT orders:

https://preview.redd.it/no8jgdmz4in71.png?1723&format=png&auto=webp&s=bfd165ca9bfe0684aa3dbc3dab6e973e7f876cc9

submitted by /u/youareforever
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