How to calculate Bybit trading fees? (Cost breakdown)

Understanding Bybit Trading Fee Structure

1. Bybit applies a tiered fee model based on 30-day trading volume and the amount of BYB tokens held in the user’s account. This structure directly impacts both maker and taker fees across spot, futures, and options markets.

2. Maker orders add liquidity to the order book and receive lower fees or rebates. Taker orders remove liquidity and incur higher charges. On Bybit, standard maker fees start at 0.02% while taker fees begin at 0.06% for BTC/USDT spot pairs.

3. Users holding at least 500 BYB tokens qualify for a fee discount tier. Holding more than 5,000 BYB unlocks further reductions, with the highest tier offering maker fees as low as 0.00% and taker fees down to 0.015%.

4. Futures trading uses a separate fee schedule. For USDT-margined perpetual contracts, the base taker fee is 0.06%, and the maker fee is 0.01%. These rates scale downward with increased volume and BYB holdings.

5. Options trading incurs fixed fees per contract rather than percentage-based charges. A standard call or put order costs $0.05 in fee regardless of strike or expiration, though institutional clients may negotiate custom pricing.

Spot Market Fee Calculation Example

1. Suppose a user executes a market buy order for 1 BTC at $62,400 in the BTC/USDT pair. With no BYB staking and a 30-day volume under $100,000, the taker fee applies at 0.06%.

2. The fee amount equals 62,400 × 0.0006 = $37.44. This sum is deducted from the user’s USDT balance immediately upon trade execution.

3. If the same user places a limit order at $62,350 that does not execute immediately but rests on the book, it becomes a maker order. The fee would then be 62,350 × 0.0002 = $12.47.

4. Should the user hold 2,000 BYB, their taker fee drops to 0.045%. The revised cost becomes 62,400 × 0.00045 = $28.08, reflecting a $9.36 reduction.

5. Fees are calculated in the quote currency (e.g., USDT) for spot pairs and are non-refundable even if the order is canceled before execution—only filled portions incur charges.

Futures Trading Fee Mechanics

1. In USDT-margined BTC/USDT perpetual contracts, a taker long entry of 10 contracts at $62,500 with 10x leverage triggers a fee of 10 × $100 × 0.0006 = $0.60, since each contract represents $100 worth of BTC.

2. A maker limit order placed at $62,450 that gets filled later qualifies for the 0.01% rate: 10 × $100 × 0.0001 = $0.10. No fee applies if the order remains unfilled.

3. Funding payments are separate from trading fees and occur every 8 hours. They are not included in the fee calculation but impact net PnL. Funding is paid or received in USDT and depends on the interest rate differential and premium index.

4. Liquidation events do not generate additional trading fees, but the forced exit price may include slippage costs that affect effective execution price.

5. Cross-margin mode does not alter fee rates; isolated margin settings also maintain identical fee percentages—the distinction lies solely in risk compartmentalization.

Fee Rebates and Promotional Credits

1. Bybit occasionally runs referral programs where users earn 20% of referred traders’ taker fees as rebate, credited hourly in USDT. These credits appear in the “Funding Account” and can offset future trading costs.

2. During platform-wide campaigns, users may receive fee vouchers redeemable for zero-fee trades. Each voucher applies to one order only and expires within 72 hours of issuance.

3. Institutional clients with API-based trading access can request fee waivers on high-frequency strategies, subject to prior approval and minimum monthly volume commitments exceeding $50 million.

4. Staking BYB in the “Earn” section grants daily yield but does not automatically apply fee discounts unless the tokens remain in the main wallet and meet the required balance threshold at the time of trade.

5. Fee rebate balances are displayed under “Assets → Rebate” and cannot be withdrawn—only used for trading deductions. They do not accrue interest or compound.

Frequently Asked Questions

Q: Do Bybit fees apply to stop-market orders?A: Yes. Stop-market orders execute as taker orders once triggered, so the applicable taker fee is charged on the fill amount.

Q: Is there a minimum fee per trade?A: No. Fees scale linearly with trade size. A $1 trade incurs a fee of $0.0006 at the base taker rate—no floor exists.

Q: Can I view historical fee records for all my trades?A: Yes. The “Orders → Trade History” tab shows timestamp, symbol, side, size, price, and fee for every executed trade, sortable by date or asset.

Q: Are fees charged when closing a position in futures?A: Yes. Position closure is treated identically to any other taker or maker order—fees depend on order type and execution method, not whether it opens or closes.