Rakebk / Exchanges / BingX vs TxFlow

BingX vs TxFlow: which costs less after the rebate?

One answer at every volume:

  • BingX logoAt every volume: BingX is cheaper · $300 vs $428 at $1M
Cheaper at every volumeBingX logo
BingX
40% back · fee 0.05%
$300
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
BingX logoBingX code · 40% back
PTY3WGFW
Get 40% on BingX
TxFlow logoTxFlow code · 5% back
TXTELLEZ
Get 5% on TxFlow
Cheaper at every volume
BingX logoBingX
saves $128 a month at $1M
Cheaper at no volume
TxFlow logoTxFlow
never the cheaper one from $100K to $1B
Fee after rebate at $1M
BingX logoBingX0.0300%
TxFlow logoTxFlow0.0427%
Saving at $1M
$128
a month on BingX · $1,530 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.

BingX logoBingXTxFlow logoTxFlow
$0$100$200$300$400$500BingX 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
BingX logoBingX net
TxFlow logoTxFlow net
Difference
$100K
$30
$43
BingX saves $13
$1M
$300
$428
BingX saves $128
$10M
$2,400
$4,275
BingX saves $1,875
$50M
$10,500
$19,000
BingX saves $8,500
$500M
$75,000
$142,500
BingX saves $67,500

Which one is for you

BingX logoChoose BingX if

  • It costs you less after the rebate at every volume

TxFlow logoChoose TxFlow if

  • You want the lower fee from your very first trade: 0.045% vs 0.05%
  • You want to trade without KYC (no ID verification)

Side by side

BingX logoBingX
TxFlow logoTxFlow
Rebate
40%
5%
Entry taker fee
0.05%
0.045%
Fee after rebate
0.0300%
0.0427%
Net cost at $1M
$300
$428
Markets
Perpetuals, Spot
Perpetuals, Spot
Payout
Auto, usually 24h
Instant, as a fee discount
Code
PTY3WGFW
TXTELLEZ
KYC (ID verification)
Required
Not required
BingX logo
BingX
  • BingX sets one tier for every market, on the best of 30 day futures volume, 30 day spot volume or yesterday's assets, so you can sit higher than the volume alone suggests.
  • Elite is a real tier between Regular and VIP 1.
  • From VIP 4 up, API trading must stay under 20% of your volume.
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.

BingX logoBingX · Derivatives

Tier
30-day volume
Maker
Taker
Regular
$0
0.02%
0.05%
Elite
$5,000,000
0.018%
0.045%
VIP 1
$10,000,000
0.014%
0.04%
VIP 2
$20,000,000
0.012%
0.0375%
VIP 3
$50,000,000
0.01%
0.035%
VIP 4
$100,000,000
0.008%
0.0315%
VIP 5
$200,000,000
0.006%
0.03%
Supreme VIP
$500,000,000
0%
0.025%

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, BingX or TxFlow?

One answer at every volume:

  • At every volume: BingX is cheaper · $300 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.

  • BingX: 40% back on a 0.05% fee → you pay 0.0300%
  • 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