Bybit fees: how the charges actually work

Updated:

Most fee guides copy a table and call it a day. That table is the smallest part of what you pay, and it goes stale quickly. What is worth learning is the mechanism, because the mechanism does not change when the numbers do.

Why we do not print the numbers here

Published rates depend on which product you use, which account tier you are in, whether you hold the platform's token, which promotions are running, and — critically — which legal entity serves you. A figure copied from a global page and applied to a European account is simply wrong. Our editorial policy commits us to publishing a number only when it is tied to a dated official source, so this page explains the structure and sends you to the platform's own schedule for the current values. That is less satisfying and considerably more useful.

The four things you actually pay

Trading fees

Every trade charges one of two rates depending on the role you played. If your order sat on the book waiting for someone else, you were the maker. If your order executed instantly against an order already there, you were the taker. Makers usually pay less, sometimes substantially less, because they supply the liquidity the venue needs.

The practical consequence is that using limit orders rather than market orders changes your cost structure, not just your execution price. For an active trader this is the largest controllable line item on the whole list.

Tiers

Fee schedules are tiered by trading volume over a rolling period and sometimes by holdings. Moving up a tier lowers the rate. Most retail users sit in the base tier and stay there, which means the "as low as" figure in any advert almost certainly does not describe them. Read the base row, not the best row.

Funding, on perpetual contracts

This one is misunderstood constantly. A perpetual contract has no expiry, so it needs a mechanism to stay tethered to the spot price. That mechanism is funding: at set intervals, one side of the market pays the other. When the contract trades above spot, longs pay shorts; when it trades below, shorts pay longs.

Funding is not the exchange's revenue and it is not a fee in the ordinary sense — but it is money leaving or entering your account, and on a leveraged position held for days it can dwarf the trading fee. Anyone comparing venues on trading fees alone while ignoring funding is comparing the wrong thing.

Network fees on withdrawals

When you move crypto off the platform, a blockchain fee applies. It depends on the network you choose, not on your trading tier. The same asset often exists on several networks with very different costs, so the choice matters — provided the receiving wallet or exchange supports that network. Choosing a cheap network the recipient does not support is the classic way to turn a small saving into a total loss. The withdrawal guide covers the checks.

The costs that never appear on a fee page

Spread. The gap between the best buy and sell price is a real cost you pay on entry and exit. On a thin market it can exceed the trading fee several times over.

Slippage. A market order fills against whatever is available. In fast conditions the average price can be materially worse than the one you saw.

The fiat on-ramp. Buying crypto with local currency, whether through a card, a payment provider or peer-to-peer, carries its own margin — often embedded in the exchange rate rather than shown as a fee. In many markets this is the single largest cost in the whole journey, and it is invisible on the trading fee page.

Conversion. If your local currency is not directly quoted, you may be paying a conversion spread twice without noticing.

How to work out your real cost

Take one realistic round trip: fund the account, buy, hold as long as you actually intend to, sell, withdraw. Add the on-ramp margin, both trading fees, the spread on both sides, funding if it is a leveraged position, and the network fee out. That total, divided by your position size, is your real cost. It is usually several times the headline trading rate, and the ranking of venues by that number often differs from the ranking by advertised fee.

The entity problem, again

If you are in the European Economic Area, you are served by Bybit EU GmbH, authorised in Austria as a crypto-asset service provider under MiCAR. It publishes its own terms and its own schedule. Global figures do not describe it. The same caution applies to any market served through a separate local entity. See availability by country for how to work out which entity applies to you.

The one habit that saves the most

Use limit orders where you can, keep leveraged positions short if you use them at all, choose the network deliberately when withdrawing, and check the current schedule inside the platform before you size a trade around a number you read somewhere. Everything else on this page is context for those four habits.

Frequently asked questions

Why does this page not list the exact fee percentages?
Because published rates change and differ by account tier, product and entity. We only publish a figure when it is tied to a dated official source in our fact register. The mechanics below are stable; the numbers are not, so check them in the platform's own fee schedule.
What is the difference between a maker and a taker?
A maker places an order that sits on the order book and waits. A taker places an order that executes immediately against an existing one. Makers add liquidity and are usually charged less; takers remove it and usually pay more.
Is the funding rate a fee charged by the exchange?
No. On perpetual contracts, funding is a periodic payment exchanged between long and short position holders to keep the contract price near the spot price. The exchange facilitates it. You can pay it or receive it depending on your side and market conditions.
Why did my withdrawal cost more than I expected?
Withdrawals carry a network fee that depends on the blockchain you chose, not on the exchange's trading schedule. Cheaper networks exist for many assets, and choosing one can change the cost substantially, provided the receiving side supports it.
Do EEA users pay the same fees as everyone else?
Not necessarily. EEA residents are served by Bybit EU GmbH, a separate entity under MiCAR, and its schedule is its own. Never apply a global-platform figure to a regional entity.