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Fees Explained
Backpack Exchange Fees
Backpack uses transparent maker-taker pricing. Rates drop as you move up VIP tiers — which you can reach through trading volume or by staking BP, Backpack's token. Here's what you'll actually pay, and how to pay less from day one.
Last updated: September 2026.
Backpack trading fees at a glance
| Market | Standard tier | Best VIP tier |
|---|---|---|
| Spot — maker | 0.08% | 0% |
| Spot — taker | 0.10% | 0.025% |
| Perpetual futures — maker | 0.02% | 0% |
| Perpetual futures — taker | 0.05% | 0.018% |
| USDT/USDC pair | 0% | 0% |
How Backpack VIP tiers work
Backpack gives you the highest tier you qualify for, based on any one of three things:
Trading volume
Your recent trading volume. The more you trade, the lower your maker and taker rates.
BP staking
Stake BP (Backpack's token, launched March 2026) to unlock better tiers — up to 0% maker fees.
Mad Lads NFT
Holding a pre-TGE Mad Lads NFT can also qualify you for a tier.
Tiers are recalculated hourly, so an upgrade applies quickly.
Maker vs taker — what's the difference?
Maker (limit orders)
You add liquidity with an order that rests on the order book. Makers pay the lower fee — zero on the best tiers.
Taker (market orders)
You remove liquidity by filling an existing order instantly. Takers pay a bit more for the immediacy.
Deposits, withdrawals and other costs
| Item | Cost | Notes |
|---|---|---|
| Crypto deposits | Free | You still pay the blockchain network fee when sending |
| Crypto withdrawals | Network-based | Varies by asset and chain |
| Perpetual funding | Variable | Paid between longs and shorts, not to Backpack |
| Stocks (Backpack Securities) | Separate schedule | See Backpack's stock trading fees |
How to pay less on Backpack
1. Sign up with a referral code
Use Backpack referral code pepebrothers at sign-up for 5% off your trading fees. It's the only discount a new account can get outside the VIP tiers — and it has to be added before KYC.
2. Use limit orders
Trade as a maker whenever you can to pay the lower side of the schedule.
3. Move up a tier
Grow your volume or stake BP to reach a cheaper VIP tier.
4. Pick cheap networks
When withdrawing, choose a low-cost network where the asset supports one.
Example
A $10,000 spot market buy at the standard 0.10% taker rate costs $10.00. With the 5% referral discount, it costs $9.50. The discount doesn't apply to Equity Perps fees.
Pay less from your first trade
Open your account with Backpack referral code pepebrothers and get 5% off trading fees on top of your tier.
Sign up & save 5% →Backpack fees FAQ
What are Backpack Exchange trading fees?
At the standard tier, about 0.08% maker / 0.10% taker on spot and 0.02% / 0.05% on perpetual futures. The best VIP tiers reach 0% maker, 0.025% spot taker and 0.018% perps taker.
How do VIP tiers work?
You get the highest tier you qualify for through trading volume, BP staking, or a pre-TGE Mad Lads NFT. Tiers are recalculated hourly.
Is USDT/USDC trading free?
Yes, Backpack lists the USDT/USDC pair at 0% fees.
Are crypto deposits free?
Yes. You only pay the network fee when sending funds to Backpack.
Does a referral code lower fees?
Yes — code pepebrothers gives 5% off trading fees on top of your tier (not on Equity Perps). See the Backpack referral code page.