Backpack / OKX
Choose by the product you use, then compare the fee and referral conditions below. There is no universal cheapest exchange.
Backpack
Spot and perpetual trading, with an exchange API and an integrated trading workflow. Equity Perps are a separate product: check availability, collateral and trading hours for the instrument you choose.
OKX
OKX combines spot, derivatives and options with trading bots and API tools. This offers different ways to place and automate orders. Product and tool availability varies by jurisdiction; automation does not remove trading risk.
| Exchanges | Costs to check | Referral offers |
|---|---|---|
| Backpack | Check the current fee tier in your account and the official schedule. Staking, holdings and trading volume may affect your tier. A single public rate would not represent every account or product. Official fee schedule ↗ | Mike Xu offers a 20% share of eligible trading fees through this Backpack affiliate link. This operator-provided rate has not been independently verified in the account settings: confirm the rate displayed before trading. Equity Perps are excluded. This is fee sharing, not a deposit bonus or guaranteed return. Referral offers ↗ |
| OKX | The public standard-pair spot table checked on October 21, 2026 shows 0.0800% maker and 0.1000% taker for regular users. This is a public snapshot, not a universal account rate. Use the logged-in trading-fee page and the Fees panel for your exact pair. OKX states that logged-out rates may differ from your account. Maker and taker fees differ, and a limit order can still execute as taker. Buy, Sell and Convert quotes can include spread. Official fee schedule ↗ | Use Mike Xu’s OKX invitation code X45LZTTE. Reward amounts, identity checks, deposit or trading tasks and regional eligibility depend on the offer shown to your account. No fixed cashback rate or reward amount has been verified for this link. Check the invitation page before signing up. Referral offers ↗ |
Compare the same product, pair and account tier. Maker/taker fees are only part of the cost: spread, slippage, funding and withdrawals also matter. A lower quoted fee does not guarantee a better execution price.
Spot fees are not futures fees. Referral rewards, token discounts and temporary campaigns are separate benefits; do not assume they can be combined.
Your cost worksheet
Enter the actual effective fee shown in each account after confirmed discounts. No exchange rate is prefilled. Estimates exclude spread, slippage, funding and withdrawals.
Official references
Sources checked: