When choosing a cryptocurrency exchange, one of the most important factors to consider is the fee structure. Bybit, a top-tier global exchange known for its robust derivatives trading platform, offers competitive and transparent fees across various services including spot trading, futures contracts, options, copy trading, and deposit/withdrawal methods.
In this comprehensive guide, we break down Bybit’s fee schedule in detail, helping you understand how much you’ll pay for each transaction type—and how to reduce those costs through VIP tiers and ongoing promotions.
Understanding Bybit's Fee Structure
Bybit uses a tiered VIP system based on your 30-day trading volume and total assets. The higher your activity, the lower your fees. This applies to both Maker and Taker orders:
- Maker orders: Placing new limit orders that add liquidity to the market.
- Taker orders: Executing market orders that remove liquidity by matching existing orders.
👉 Discover how top traders minimize fees with smart account strategies.
Generally, Maker fees are lower than Taker fees, incentivizing users to contribute to market depth. But with current promotions, some trading types are even completely free.
Bybit Deposit Fees
Depositing funds into your Bybit account can be done in several ways—each with different cost implications.
1. Instant Buy (Credit Card)
- Fee: Approximately 3–6%, including payment processor and network charges.
- Best for small, fast purchases when immediate entry is needed.
2. P2P Trading (TWD)
- Fee: 0%
- Ideal for users in Taiwan or regions where local currency support is available.
- No direct transaction fees; always verify counterparty reputation before trading.
3. Wallet Transfers (Crypto Deposits)
- Fee: Varies by blockchain and network congestion (Gas fee).
- Supported networks include BTC, ETH, BSC, TRON, etc.
- Always confirm the correct deposit address and network to avoid loss.
✅ Pro Tip: Use high-throughput networks like BSC or Polygon during peak times to reduce gas costs.
Bybit Withdrawal Fees
Withdrawing profits or moving funds off-platform incurs minimal but variable costs.
1. P2P Withdrawals (TWD)
- Fee: 0%
- Fast and cost-effective for converting crypto gains into fiat locally.
2. Wallet Transfers (Crypto Withdrawals)
- Fee: Depends on blockchain and current network load.
- Fees are dynamically updated before confirmation—review carefully before submitting.
🔐 Security Note: Enable two-factor authentication (2FA) and whitelist withdrawal addresses to protect your assets.
Bybit Spot Trading Fees (Currently 0%!)
Spot trading refers to buying and selling cryptocurrencies directly (e.g., BTC/USDT). Normally, Bybit charges standard Maker/Taker fees based on VIP level:
| VIP Level | Maker Fee | Taker Fee |
|---|---|---|
| Default | 0.10% | 0.10% |
However, as of now, Bybit offers zero-fee spot trading globally as part of a limited-time promotion launched in September 2022. There is no announced end date.
🎉 Good news: This includes both Maker and Taker orders—meaning all spot trades are currently free!
📌 Note: Grid trading follows the same fee model but is not included in the zero-fee promotion.
Spot Leverage Interest Rates
If you're using spot margin trading, you’ll also incur borrowing interest:
Daily Interest = Loan Amount × (Daily Rate / 24) × Hours Borrowed
Rates are variable and displayed in real-time under “Daily Rate” on the trading interface. For example:
- Borrow 1,000 USDT at 0.02% daily rate for 24 hours = 0.2 USDT interest
Bybit Futures (Contract) Trading Fees
Futures allow speculation on price movements using leverage. Fees vary by settlement currency:
| Settlement | Maker Fee | Taker Fee |
|---|---|---|
| USDT | 0.01% | 0.06% |
| USDC | 0.01% | 0.075% |
Higher VIP levels reduce these rates further. Active traders can significantly cut costs over time.
Key Consideration: Funding Rate
Perpetual contracts include a funding fee exchanged every 8 hours between long and short positions:
Funding Fee = Position Value × Funding Rate
- Positive rate: Longs pay shorts (bullish market sentiment).
- Negative rate: Shorts pay longs (bearish sentiment).
This mechanism aligns contract prices with the underlying spot market.
👉 Learn how professional traders profit from funding rate arbitrage.
Bybit Copy Trading Fees
Copy trading lets users mirror experienced traders’ moves automatically.
- Copier (Taker): 0.06%
- Leader (Maker): 0.01%
Additionally, leaders earn 10% of copiers’ net profits as performance incentives—paid weekly.
Weekly Settlement Details:
- Calculation Period: Friday 12:00 AM to Saturday 12:00 AM UTC
- Payout Time: Monday at 3:00 AM UTC
- View earnings in “My Leaders” section under Account Center.
This model encourages transparency and skilled trader participation.
Bybit Options Trading Fees
Options give the right—but not obligation—to buy/sell an asset at a set price. Three fee types apply:
1. Trading Fee
Flat rate for all users:
- Maker & Taker: 0.03% (USDC-denominated)
2. Exercise (Settlement) Fee
Charged when exercising an option:
- Buyer & Seller: 0.015%
- No fee if the option expires worthless or unexercised.
3. Forced Liquidation Fee
Applies if your leveraged position is auto-closed due to insufficient margin.
- Minimize risk by monitoring margin levels and setting stop-losses.
Frequently Asked Questions (FAQ)
Q: Are there any hidden fees on Bybit?
A: No. All fees are clearly listed before execution. Network (gas) fees for withdrawals are shown upfront.
Q: How do I qualify for lower fees?
A: Increase your 30-day trading volume or held assets to move up VIP tiers. More activity = lower rates.
Q: Is spot trading really free?
A: Yes—currently, all spot trades (Maker and Taker) have zero fees with no end date announced.
Q: What affects funding rates in futures?
A: Market sentiment, open interest, and price divergence between perpetual contracts and spot prices.
Q: Can I avoid gas fees when depositing?
A: Not entirely—but choosing low-congestion networks (like BSC or Arbitrum) reduces costs significantly.
Q: Do I pay fees when joining copy trades?
A: Yes—copiers pay a 0.06% Taker fee per trade executed in sync with the leader.
Final Summary: Key Takeaways
Bybit remains one of the most trader-friendly exchanges thanks to its competitive fee structure and advanced tools:
✅ Deposit Options:
- Credit card: Quick but costly (~3–6%)
- P2P: Free for TWD users
- Wallet transfers: Variable gas fees
✅ Trading Costs:
- Spot: Currently 0% fees
- Futures: As low as 0.01% (Maker)
- Options: Transparent 0.03% trade fee + exercise cost
- Copy Trading: Standard contract rates apply
✅ Smart Tips:
- Use P2P for local fiat transactions
- Monitor funding rates in futures
- Leverage zero-fee spot trades while active
- Aim for higher VIP status to reduce long-term costs
👉 Start optimizing your trading costs today with proven strategies used by pros.
All information provided is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry high risk—conduct thorough research before participating.