Bybit Fees: What You Really Pay to Trade on Bybit
When you trade on Bybit, a leading cryptocurrency derivatives and spot trading platform used by millions globally. Also known as Bybit Exchange, it's one of the most popular platforms for leveraged trading—but its fees can sneak up on you if you don’t know how they work. Unlike some exchanges that advertise "zero fees," Bybit charges clearly defined costs based on whether you're a maker (adding liquidity) or a taker (removing it). These fees aren't just a flat rate—they change depending on your 30-day trading volume, whether you use BTC or USDT as your settlement currency, and even the type of contract you trade.
For spot trading, makers pay 0.1% and takers pay 0.1%—no discounts unless you hold Bybit’s native token, BYBIT. That’s higher than some DEXs, but it’s competitive among centralized exchanges offering high leverage. For derivatives, the fees drop significantly: makers can pay as low as 0.01%, while takers pay 0.055%. High-volume traders get tiered discounts, with the top tier paying just 0.005% as a maker. Withdrawal fees are another hidden factor: withdrawing Bitcoin costs around 0.0005 BTC, while USDT withdrawals vary by network—Tron is cheaper than Ethereum. If you’re using leverage, funding rates add another layer. These are paid every 8 hours and can be positive or negative, depending on market sentiment. In a bull market, longs often pay shorts; in a bear market, it flips. This isn’t a fee you pay upfront, but it eats into profits over time.
Bybit also charges for API usage beyond the free tier, and there’s a small fee for converting between assets on the platform. What most users miss is that Bybit’s fee structure rewards active traders who use limit orders and hold BYBIT. If you’re just dipping in and out with market orders, you’re paying more than you need to. The platform doesn’t hide these costs—it just assumes you’ll read the fine print. That’s why traders who track their total cost per trade—including slippage and funding—end up saving hundreds a month by switching order types or adjusting their strategy. Below, you’ll find real reviews and breakdowns from traders who’ve been there, showing exactly how Bybit’s fees impacted their returns—and how they cut them.