Comparing the futures rebate rates that six rebate platforms publish, across the 10 exchanges in the table Fee Otter is highest on 5 and tied for highest on 3, and it is the only platform listing XT.COM and Ourbit. For example: Binance 40% (other platforms 25%–40%), Gate 70% (others 60%), MEXC 60% (others 30%–50%) and WEEX 70% (others 50%–60%). The other difference is how much of the rebate is automatic: Fee Otter states the share the exchange pays back automatically for every exchange, with a screenshot, while most other platforms give a single total (each platform's website checked 14 October 2026).
A rebate platform's rate has two parts. The part the exchange pays automatically goes straight into your exchange account. The part the platform pays itself has to be settled by the platform and then withdrawn by you. However high the total, if the platform doesn't pay its part, or pays late, you don't get it. So besides the totals, this comparison looks at whether each platform says who pays, how soon, and on what conditions.
Rebate rates by exchange: six platforms side by side
Futures rebates, as each platform states on its own website. "—" means the platform doesn't list the exchange or doesn't give a rate.
| Exchange | Fee Otter | Crypto Punk | rebateto.me | Backcom | TetherForYou | Trade Reclaim |
|---|---|---|---|---|---|---|
| Binance | 40% (20% exchange automatic rebate + 20% extra rebate) | 25%–30% (V1–SVIP) | 30% (20% rebate + 10% promotion subsidy) | up to 30% | 40% | — |
| Gate | 70% (20% + 50%) | — | 60% (20% + 40%) | 60% (20% daily automatic + 40%) | — | — |
| MEXC | 60% (20% + 40%) | 30%–40% | — | 50% (20% daily automatic + 30%) | — | 30% |
| WEEX | 70% (60% + 10%) | — | 60% (50% + 10%) | — | — | 50% |
| KuCoin | 60% (all 60% is exchange automatic rebate) | — | 50% (30% + 20%) | 60% (daily) | — | — |
| CoinW | 60% (all 60% is exchange automatic rebate) | — | 50% (40% + 10%) | — | — | — |
| Pionex | 50% (15% + 35%) | 30%–40% | — | — | — | — |
| HTX | 50% (30% + 20%) | — | 50% (30% + 20%) | — | — | — |
| XT.COM | 70% (60% + 10%) | — | — | — | — | — |
| Ourbit | 70% (50% + 20%) | — | — | — | — | — |
Sources: Fee Otter rebate rates page, Crypto Punk's public rebate table (captured 2026-10-10), rebateto.me rebate policy, Backcom, TetherForYou and Trade Reclaim, the rest checked 2026-10-14. Platforms can change their rates at any time; their live websites take precedence.
ⓘ Bold means the highest rate for that exchange (ties excluded). In Fee Otter's brackets, the first figure is the exchange automatic rebate and the second is Fee Otter's extra rebate. CoinW's 60% is the international program. rebateto.me's brackets use the column names on its own page: "rebate" plus "promotion subsidy". Crypto Punk has six levels, V1 to SVIP; the table shows lowest to highest. TetherForYou shows logos for Gate, KuCoin, MEXC and HTX but no rates.
Platform terms: who pays, how soon, on what conditions
| Platform | How the rate is shown | Is the exchange's automatic part shown separately? | Timing and payout | Conditions stated on the website |
|---|---|---|---|---|
| Fee Otter | Total, with automatic and extra split in brackets | Yes, with a sign-up page or backend screenshot for each exchange | The automatic part goes straight back to your exchange account; the extra part is settled daily at 16:00 (UTC+8) and withdrawn in USDT over BEP20, minimum 1 USDT, network fee 0.015 USDT | Sign up with the referral code and bind your UID; no API key needed |
| Crypto Punk | Total, in six levels from V1 to SVIP | Not shown; in our check on 2026-09-24, only 3 of its 7 exchanges had an automatic rebate | Minimum withdrawal 10 USDT (observed 2026-09-22) | Levels rise with trading volume; SVIP is by review; thresholds not published |
| rebateto.me | Total = rebate + promotion subsidy | Two columns, but it doesn't say which part the exchange pays | Claims daily settlement | Bind your UID within 15 days of signing up |
| Backcom | Exchange cards with "automatic" and "weekly" columns | Yes, e.g. Gate: 20% daily automatic plus 40% | The weekly part is paid every Monday to the Backcom App wallet | Its homepage FAQ says 50%–70%, which doesn't match the 50%–60% on its cards |
| TetherForYou | A single total | Not stated | The FAQ answer to "When and how are fee rebates paid?" is blank | Trade at least 2 times a month with 50+ USDT and earn 25+ USDT in rebates |
| Trade Reclaim | A single total | Doesn't say whether the exchange's automatic rebate is included | Accrues daily; paid in USDT within 48 hours of your request | — |
When a platform gives only a total and not how much the exchange pays automatically, you can't tell how much of your money depends on the platform paying. At the same total, the higher the automatic part, the less it matters whether the platform pays.
BingX: the exchange's automatic rebate is capped at 45%
BingX rebates are paid back automatically by the exchange. In our BingX partner backend, the automatic rebate can be set to at most 45%, and that is what Fee Otter sets (see the screenshot).
What other platforms say: Backcom's BingX page says 50% and notes it is "credited by the exchange" daily; TetherForYou says 60% without saying who pays or when. If the exchange's automatic part is capped at 45%, anything above 45% cannot be paid automatically by the exchange; it can only be something the platform says it will pay itself.
Before you sign up, open the platform's sign-up link and check the rate actually shown under the referral code: that is what the exchange will pay you automatically. Whether to trust a higher claim, and wait for a platform to pay it, is your call.
Worked example: 500 USDT of futures fees a month
| Exchange | Fee Otter | Highest of the other platforms | Monthly difference |
|---|---|---|---|
| Binance | 500 × 40% = 200 | TetherForYou 40%: 200 | 0 (Crypto Punk V1 at 25% is 125, a gap of 75) |
| Gate | 500 × 70% = 350 | rebateto.me and Backcom 60%: 300 | 50 |
| MEXC | 500 × 60% = 300 | Backcom 50%: 250 | 50 |
| WEEX | 500 × 70% = 350 | rebateto.me 60%: 300 | 50 |
| CoinW | 500 × 60% = 300 | rebateto.me 50%: 250 | 50 |
In USDT. On WEEX, 300 of Fee Otter's 350 USDT is paid straight back to your exchange account by the exchange; only 50 USDT is withdrawn from Fee Otter.
How to judge a rebate platform
- Check the rate on the sign-up page: open the exchange's sign-up page through the platform's link; the rate shown near the referral code is what the exchange pays automatically.
- Ask how much of the total the platform pays: only that part carries the risk of non-payment or late payment.
- Check withdrawal minimums and conditions: minimum withdrawals, monthly trade counts and minimum rebate thresholds can keep small accounts from ever being paid.
- Check that the records can be matched trade by trade: you can only verify the maths if you can see each fee, rate and amount.
- Never hand over an API key or password to bind: binding a rebate only needs your UID.
For the full seven criteria and a level-by-level Crypto Punk comparison, see the Crypto Punk review; for automatic vs extra rebates, see the automatic rebate comparison.