Rakebk / Exchanges / Aster vs TxFlow

Aster vs TxFlow: which costs less after the rebate?

One answer at every volume:

  • Aster logoAt every volume: Aster is cheaper · $380 vs $428 at $1M
Cheaper at every volumeAster logo
Aster DEX No KYC
5% back · fee 0.04%
$380
net cost at $1M / month
VS
Never the cheaper oneTxFlow logo
TxFlow DEX No KYC Points
5% back · fee 0.045%
$428
net cost at $1M / month
Your monthly volume$1M
$100K$1M$10M$100M$1B
Aster logoAster code · 5% back
sWvM44
Get 5% on Aster
TxFlow logoTxFlow code · 5% back
TXTELLEZ
Get 5% on TxFlow
Cheaper at every volume
Aster logoAster
saves $48 a month at $1M
Cheaper at no volume
TxFlow logoTxFlow
never the cheaper one from $100K to $1B
Fee after rebate at $1M
Aster logoAster0.0380%
TxFlow logoTxFlow0.0427%
Saving at $1M
$48
a month on Aster · $570 a year

What every $1M you trade costs, after the rebate

The more you trade, the cheaper each exchange's fee tier gets. Where the lines cross, the cheaper exchange changes. Hover to price any volume.

Aster logoAsterTxFlow logoTxFlow
$0$100$200$300$400$500Aster cheaper $100K$1M$10M$100M$1B

What you actually pay each month

Trading fees minus the rebate, at five monthly volumes. Green is the cheaper one.

Volume / month
Aster logoAster net
TxFlow logoTxFlow net
Difference
$100K
$38
$43
Aster saves $5
$1M
$380
$428
Aster saves $48
$10M
$3,800
$4,275
Aster saves $475
$50M
$16,625
$19,000
Aster saves $2,375
$500M
$109,250
$142,500
Aster saves $33,250

Which one is for you

Aster logoChoose Aster if

  • It costs you less after the rebate at every volume
  • You want the lower fee from your very first trade: 0.04% vs 0.045%

TxFlow logoChoose TxFlow if

  • You already have an account there

Side by side

Aster logoAster
TxFlow logoTxFlow
Rebate
5%
5%
Entry taker fee
0.04%
0.045%
Fee after rebate
0.0380%
0.0427%
Net cost at $1M
$380
$428
Markets
Perpetuals, Spot
Perpetuals, Spot
Payout
Auto, usually 24h
Instant, as a fee discount
Code
sWvM44
TXTELLEZ
KYC (ID verification)
Not required
Not required
Aster logo
Aster
  • Aster figures here assume you hold the $ASTER each fee tier requires (500 for VIP 2, up to 2.5M for VIP 6); without it you stay on VIP 1, 0.04%, at any volume.
  • The amount per level is on the Aster page.
TxFlow logo
TxFlow
  • TxFlow is an on-chain perp DEX: log in with email or a wallet and deposit USDC, no ID check.
  • The Code takes 5% off your perp and spot fees, at the fill, on your first $25M of combined volume.
  • Tiers use 14 day volume (perps plus spot together), scaled here to a monthly equivalent.
  • A points program is live; points have often been followed by a token airdrop, but nothing is confirmed.
  • New users may need an access code from TxFlow's Discord.

The two fee ladders

The evidence behind every figure above, as each exchange publishes it.

Aster logoAster · Derivatives

Tier
30-day volume
Maker
Taker
VIP 1
$0
0
0%
0.04%
VIP 2
$10,714,286
500
0%
0.035%
VIP 3
$53,571,429
2,500
0%
0.033%
VIP 4
$214,285,714
25,000
0%
0.023%
VIP 5
$1,071,428,571
250,000
0%
0.02%
VIP 6
$2,142,857,143
2,500,000
0%
0.016%

TxFlow logoTxFlow · Derivatives

Tier
30-day volume
Maker
Taker
VIP 0
$0
0.015%
0.045%
VIP 1
$10,714,286
0.012%
0.04%
VIP 2
$53,571,429
0.008%
0.035%
VIP 3
$214,285,714
0.004%
0.03%
VIP 4
$1,071,428,571
0%
0.028%
VIP 5
$2,142,857,143
0%
0.026%
VIP 6
$4,285,714,286
0%
0.024%

Questions

Which is cheaper, Aster or TxFlow?

One answer at every volume:

  • At every volume: Aster is cheaper · $380 vs $428 at $1M

Why does the bigger rebate not always win?

A rebate is a share of the fee. A higher fee can hand back more dollars and still cost you more.

  • Aster: 5% back on a 0.04% fee → you pay 0.0380%
  • TxFlow: 5% back on a 0.045% fee → you pay 0.0427%
  • What you pay is the fee after the rebate, not the rebate %

Can I use both codes?

Yes.

  • They are separate exchanges, so each account gets its own rebate
  • Open each one through its own Rakebk link or code
  • A code only works on a new account

How are these numbers worked out?

  • Every order counted as a taker
  • At the fee tier your monthly volume reaches on each exchange's published ladder
  • Minus the rebate
  • Both ladders are on this page, read from each exchange's own fee page
  • Updated 19 Oct 2026