Binance US-stock fees and funding rates: three products, three fee models

Short answer: the three ways to get US-stock exposure on Binance charge you in three completely different ways. Do not read one fee table as if it covered all three.

Product (as of 2026-09-03)	What you pay	Current figures (reviewed 2026-09-03)
Binance Stocks (real shares)	Zero commission + a platform fee	Orders under 340 USD: 0.35 USD per order; 340 USD and above: a 0.10% spread. Halved during the promotional period to 0.17 USD / 0.05%, until 2026-09-30 23:59 (UTC)
bStocks (tokenized certificates, spot)	Binance spot trading fee	Standard taker tier 0.1%; converting to and from real shares in Binance Stocks is 1:1 with no conversion fee
US-stock perpetuals (futures)	Futures trading fee + funding	Standard taker tier 0.05%; funding settles every 8 hours with a ±2% cap (nine contracts moved to every 4 hours and ±1% from 2026-09-04)

Fee placeholders (2026年9月4日) are read live from this site's data source, so a change in Binance's fee schedule flows through automatically. Platform-fee and promotion figures come from the announcement text and are updated by our systems when the period ends.

1. Binance Stocks: zero commission is not zero cost

• Official wording: 7,000+ US-listed stocks and ETFs, zero commission, minimum investment 5 USD.
• The cost is called a platform fee and has two tiers: 0.35 USD per order under 340 USD, or a 0.10% spread at 340 USD and above.
• During the promotional period (2026-06-03 12:00 UTC to 2026-09-30 23:59 UTC) both are halved: 0.17 USD / 0.05%. This is already the second extension; whether it is extended again is up to Binance.
• Worked numbers: a 100 USD order costs 0.17 USD (0.17%); a 1,000 USD order costs 0.05% = 0.50 USD; a 10,000 USD order costs 5 USD. Small orders are dominated by the flat fee, large orders by the spread.
• One more disclosure from the announcement: Binance may receive payment for order flow for directing your orders. You do not pay it directly, but it is part of how this business earns. (as of 2026-09-03)

2. bStocks: spot fees apply, conversion is free

• bStocks trade on the Binance spot market, so you pay your account's spot fee; the standard taker tier is 0.1%. BNB fee discounts and VIP tiers apply as usual.
• Converting between bStocks and real shares held in Binance Stocks is 1:1 with no conversion fee (official wording).
• The on-chain route (Stock Hub in Binance Web3 Wallet) adds a network fee paid in BNB at the prevailing BNB Smart Chain gas price; this site does not quote that number.
• Dividends are not a fee but do affect what you receive: the net amount after 30% US withholding tax is reinvested into the token's value. (as of 2026-09-03)

3. US-stock perpetuals: the trading fee is half the story, funding is the other half

• Trading fee: standard taker tier 0.05%, the same schedule as crypto perpetuals.
• Funding: longs and shorts settle a funding payment every 8 hours, capped at ±2%. If you are long and the rate is positive, you pay; if negative, you receive. The longer you hold, the closer funding gets to your real cost.
• Exceptions: from 2026-09-04 08:15 (UTC), nine contracts (KODEX200, NAVER, LG Electronics, Hanmi, Samsung E&M, CXMT, Zhongji Innolight, CSOP Samsung 2x, CSOP SK Hynix 2x) settle every 4 hours with a ±1% cap. They are exempt from the general rule that moves capped contracts to hourly funding.
• While US markets are closed: the contract keeps trading, the price index freezes at the last close, the mark price uses an EWMA, and funding keeps settling. Prices can gap when the market reopens; that gap is part of your cost and your risk.
• Leveraged products can lose your entire principal. Binance's risk warning states you may be called to post additional margin at short notice; if you do not, your collateral may be liquidated and you remain liable for any deficit. (as of 2026-09-03)

4. The three side by side (fees only, price moves excluded)

Assume 1,000 USD of exposure held for 7 days: (as of 2026-09-03)

(as of 2026-09-03)	Binance Stocks	bStocks (spot)	US-stock perpetual (1x, no leverage)
Entry fee	0.50 USD (0.05% spread, promotional period)	1,000 × 0.1%	1,000 × 0.05%
Holding 7 days	0	0	21 funding settlements, each between 0 and ±2%, direction set by the market
Exit fee	0.50 USD	same as entry	same as entry

The perpetual column has no fixed number because funding is set by the market. That is the key difference: the first two products fix their fees at order time; a perpetual's cost accrues for as long as you hold it.

Sources

• Stocks & ETFs fee-discount extension announcement (2026-08-28): platform fee tiers, promotional period, zero commission, 5 USD minimum, payment-for-order-flow disclosure.
• bStocks launch announcement (2026-06-11): 1:1 conversion at no fee, 30% withholding tax.
• TradFi perpetuals announcement (2026-01-08): 24/7 pricing model, margin and liquidation risk.
• Funding-interval adjustment notice (2026-09-02): nine contracts moved to 4-hour funding with a ±1% cap.
• Spot and futures standard fee tiers: this site's data source (live placeholders). (as of 2026-09-03)

Related: Can I trade US stocks on Binance from my country?

This page is informational only and is not investment advice or a solicitation. Availability, fees and terms of each product are governed by Binance's official pages.