Best Backpack Settings for Lowest Possible Fees
Learn how to optimize every Backpack Exchange setting to minimize your trading fees. Combine referral code discount, limit orders, VIP levels, and leverage Solana low gas fees for maximum savings.
Step 1: Use Referral Code for 5% Off
Register with discount to unlock a permanent 5% fee discount on every trade on Backpack Exchange.
4 Methods to Reduce Backpack Fees
Backpack Exchange offers multiple ways to reduce your trading fees. Here is each method ranked by impact:
Use Referral Code discount
5% off all feesRegister with referral code discount to get a permanent 5% fee discount on all trading. While lower than some competitors, this free discount applies automatically to every trade for life.
Use Limit Orders (Maker Fees)
Up to 60% lowerSwitch to limit orders to qualify for lower maker fees. On perpetuals, maker is 0.02% vs 0.05% taker - a 60% saving. At VIP 5, spot maker drops to 0% for completely free trades.
Increase VIP Level
Up to 0% makerBackpack VIP levels are based on 30-day trading volume. VIP 5 offers 0% maker fees on spot trading and as low as 0.004% on perpetuals, making it one of the cheapest platforms at scale.
Leverage Solana Low Gas Fees
<$0.01 gas feesBuilt on Solana, Backpack offers near-zero gas fees for deposits and withdrawals (under $0.01). This hidden cost saving adds up significantly compared to Ethereum-based exchanges.
Method 1: Register with Referral Code discount
What It Does
Provides a permanent 5% lifetime fee discount on all trading fees. This applies to both spot and perpetual trading on Backpack Exchange.
How to Apply
Enter code discount during registration or use the direct referral link. The 5% discount is automatically applied to your account permanently.
Important Note
The referral code must be applied during initial registration. Existing accounts without a referral code cannot add one retroactively.
Annual Impact
Saves approximately $60/year on $100K monthly trading volume. The discount is applied before VIP tier fee calculations.
Register with discount Now
Lock in your 5% lifetime discount before you start trading.
Method 2: Use Limit Orders for Lower Maker Fees
On Backpack, maker fees (limit orders that add liquidity) are significantly lower than taker fees (market orders). At VIP 5, makers pay 0% on spot trades.
Even at the standard tier, switching from market orders to limit orders saves money on every trade. For perpetuals, maker fees are 0.02% vs 0.05% taker - a 60% saving.
Set limit orders at or near the current price for quick fills that still qualify as maker orders. This is the simplest way to cut fees without any additional requirements.
Pro Tip
Use post-only order mode if available to guarantee your orders are always maker orders. If they would fill immediately, they get cancelled instead.
Method 3: VIP Level Optimization
Backpack VIP levels are based on your 30-day trading volume. Higher tiers unlock dramatically lower fees, with VIP 5 offering 0% maker fees on spot:
| VIP Level | 30d Volume | Spot Maker | Spot Taker | Perps Maker | Perps Taker |
|---|---|---|---|---|---|
| Standard | < $100K | 0.10% | 0.10% | 0.02% | 0.05% |
| VIP 1 | $100K+ | 0.08% | 0.09% | 0.016% | 0.04% |
| VIP 2 | $500K+ | 0.06% | 0.08% | 0.014% | 0.035% |
| VIP 3 | $2M+ | 0.04% | 0.06% | 0.012% | 0.03% |
| VIP 4 | $10M+ | 0.02% | 0.04% | 0.008% | 0.025% |
| VIP 5 | $50M+ | 0.00% | 0.02% | 0.004% | 0.02% |
Tips to Level Up Faster
Consolidate all trading on Backpack to maximize your 30-day volume calculation.
Trade perpetual contracts to build volume - they count toward VIP tier calculations.
Participate in Backpack quests and events that may boost your VIP progress.
VIP 5 offers 0% spot maker - use limit orders at this level for free trading.
Method 4: Solana Low Gas Fee Advantage
Backpack is built on Solana, which means you benefit from extremely low gas fees for deposits and withdrawals - a hidden cost savings that many traders overlook:
Near-Zero Transaction Fees
Solana transactions cost less than $0.01, making deposits and withdrawals essentially free compared to Ethereum's $5-50 gas fees.
Fast Settlement
Solana processes transactions in under 1 second with 400ms block times, meaning your deposits arrive almost instantly with minimal cost.
SPL Token Ecosystem
Access the growing Solana DeFi ecosystem directly from Backpack. Trade SPL tokens with low fees and seamless integration.
Backpack Wallet Integration
Seamlessly connect your Backpack wallet for direct on-chain trading. The integrated wallet eliminates the need for separate withdrawal fees to external wallets.
Complete Savings Calculation by Volume
See how much you save at different monthly volumes when combining referral code discount + limit orders + VIP optimization:
| Monthly Volume | Standard Fee | With Referral | + Limit Orders | Combined Fee | Monthly Saved | Yearly Saved |
|---|---|---|---|---|---|---|
| $10K | $10.00 | $9.50 | $7.60 | $7.22 | $2.78 | $33.36 |
| $50K | $50.00 | $47.50 | $38.00 | $36.10 | $13.90 | $166.80 |
| $100K | $100.00 | $95.00 | $76.00 | $72.20 | $27.80 | $333.60 |
| $500K | $500.00 | $475.00 | $380.00 | $361.00 | $139.00 | $1,668.00 |
Note: Calculations based on standard tier taker fees (0.10%). Actual savings increase with higher VIP levels. Does not include Solana gas fee savings on deposits/withdrawals.
Combined Result
Up to 0% Maker Fees at VIP 5
Referral code discount (5%) + limit orders + VIP level + Solana low gas = lowest total cost of trading on Backpack.
Frequently Asked Questions
Optimize Your Backpack Fees Now
Follow all four methods to unlock the lowest possible Backpack trading fees. Start with the referral code - it is free and permanent.
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