Step 2 · Pricing
Bybit Trading Fees, Explained
Fees are the single biggest controllable cost of trading. Most retail traders give up 30–50% of their annual edge to fees they could easily reduce. This page breaks down every fee Bybit charges — spot, perpetuals, options, funding, withdrawal — and shows how VIP tiers, MNT deductions, and partner discounts stack to bring your effective rate close to institutional levels.
How fees work
Bybit splits fees between makers (who add liquidity by placing limit orders that rest on the book) and takers (who remove liquidity by hitting an existing order at market). Rates differ between spot and derivatives, and your effective rate depends on your VIP level, any partner discount, MNT deductions, and the product you trade. A surprising number of traders pay taker fees on every entry — switching to limit-only entries can immediately cut your cost by more than half on perpetuals.
| Product | Maker | Taker |
|---|---|---|
| Spot | 0.10% | 0.10% |
| USDT Perpetuals | 0.02% | 0.055% |
| USDC Perpetuals | 0.02% | 0.055% |
| Inverse Perpetuals | 0.02% | 0.055% |
| Options | — | 0.02% |
Rates can change — always confirm current rates on Bybit's official fee page.
Bybit vs the Industry
| Exchange | Spot Taker | Perp Maker | Perp Taker |
|---|---|---|---|
| Bybit ★ | 0.10% | 0.02% | 0.055% |
| Binance | 0.10% | 0.02% | 0.05% |
| OKX | 0.10% | 0.02% | 0.05% |
| Coinbase Adv. | 0.60% | 0.02% | 0.06% |
| Kraken | 0.40% | 0.02% | 0.05% |
Bybit's headline perpetual rates sit at the same institutional band as Binance and OKX, but stack uniquely well with the lifetime partner discount + MNT fee deduction — bringing real-world cost meaningfully below the published numbers. On spot, Bybit is dramatically cheaper than Coinbase Advanced or Kraken, which is why many US-restricted traders arbitrage Bybit's spot pairs through KYC-eligible jurisdictions.
VIP Program
Climb the VIP tiers for institutional rates.
Bybit's VIP system rewards either 30-day trading volume or total asset balance — you only need to qualify on one axis, not both. This makes the program unusually friendly for long-term holders: park a six-figure balance and you'll receive VIP rates even on relatively modest monthly volume. At the top tiers, makers can earn negative fees (rebates) — Bybit literally pays you to provide liquidity.
| Tier | 30D Volume (USD) | Spot Maker / Taker | Perp Maker / Taker |
|---|---|---|---|
| No VIP | < 1M | 0.10% / 0.10% | 0.020% / 0.055% |
| VIP 1 | ≥ 1M | 0.060% / 0.080% | 0.018% / 0.050% |
| VIP 2 | ≥ 5M | 0.040% / 0.070% | 0.016% / 0.045% |
| VIP 3 | ≥ 25M | 0.020% / 0.060% | 0.014% / 0.040% |
| Pro 1+ | ≥ 100M | 0.000% / 0.050% | 0.010% / 0.035% |
| Supreme | ≥ 1B | Rebate / 0.040% | −0.005% / 0.025% |
Indicative figures — exact thresholds and rates evolve with Bybit's program updates.
★ The Lifetime 20% Discount
The simplest way to cut costs.
Sign up with a partner code to lock in up to a 20% trading-fee discount — permanently. It stacks with VIP discounts and MNT deductions. The only catch: it can only be applied at registration. Be cautious of "limited-time" or short-term codes; a genuine partner rate is a lifetime discount.
Get Your Fee DiscountAlready have an account? You can still get the discount on a new account via KYC Transfer — see the Sign-Up & KYC guide.
Want every lever to cut your costs? Read our deep-dive: How to lower your Bybit fees →
Fee Stacking
How discounts compound on Bybit.
Most exchanges force you to choose between VIP discounts and partner codes. Bybit lets them stack multiplicatively — combined with MNT deduction, a casual retail trader can reach an effective rate that historically required hundreds of millions in monthly volume.
Layer 1 · Partner Code
Permanent 20% off the headline rate, applied automatically on every fill. Locked in at sign-up — no monthly volume requirement, no expiry.
Layer 2 · VIP Tier
Volume- or balance-based discount that scales as you grow. Reassessed every 24 hours so promotions during high-volume weeks instantly upgrade your tier.
Layer 3 · MNT Deduction
Pay trading fees in MNT (Bybit's token) for an extra ~10% discount. Top up a small MNT balance and Bybit auto-deducts in MNT before falling back to USDT.
Funding Fees on Perpetuals
Funding is paid between longs and shorts every 8 hours (00:00, 08:00, 16:00 UTC) to anchor the perpetual price to spot. Rates are typically ±0.01% but can spike to ±0.3% in trending markets — a 24-hour hold during high funding can easily cost more than three round-trip trading fees combined. Always check the funding rate tab before holding overnight.
Withdrawal Fees
Network fees on withdrawals are pass-through (Bybit doesn't mark them up), but they vary wildly by chain. USDT on Tron (TRC-20) costs ~$1, USDT on Ethereum (ERC-20) can cost $5–25 depending on gas. Always pick the cheapest network that's compatible with the destination wallet — sending on the wrong network is the #1 cause of permanent loss.
Deposit Fees
Crypto deposits are always free on Bybit. Fiat deposits via P2P, Apple/Google Pay, or third-party processors carry processor fees (typically 0.5–3.5%) that go to the payment provider, not Bybit. Always cross-check the all-in cost — sometimes P2P at 0% beats card deposits by a wide margin.
Liquidation & Insurance
If a position is liquidated, Bybit charges a small liquidation fee that funds the Insurance Fund (which protects winners from socialized losses). Avoid it entirely by closing positions manually before they hit the bankruptcy price — the cost of a deliberate close is always lower than a forced liquidation.
Pro Tips
Six ways to slash your effective fee.
Default to post-only limit orders — never market orders. The 0.035% gap between maker and taker on perpetuals is the single biggest lever.
Keep a small MNT balance for fee deduction. The extra ~10% off compounds with every other discount layer.
If your monthly volume is borderline VIP-1, push one extra week before the cutoff — the next tier's lower rates apply for the entire following month.
Use the Unified Trading Account (UTA) — it consolidates fees across spot, perps, and options into a single volume bucket for VIP qualification.
Avoid trading during funding payment windows unless your strategy explicitly captures funding — you can pay 3× a normal day's fees in one bad 8-hour window.
Withdraw less often, in larger batches, on the cheapest network. Five small ERC-20 withdrawals can cost more than the trading profit they collected.
Pay Fees with MNT
A small MNT balance saves you 5–10% on every trade.
Enable MNT fee deduction in Account → Preferences → Fee Deduction. Bybit will use MNT first and fall back to your base asset only when MNT is exhausted — so a balance equivalent to a month of expected fees is plenty. The deduction works on spot, perpetuals, and options simultaneously.
★ Calculator
Fee Savings Calculator
Estimate how much you'd save with a 20% lifetime discount on your monthly volume.
Standard Monthly Fees
Discounted Monthly Fees
Your Estimated Savings
≈ $66 / year
Fee FAQ
The most common questions
Do the partner discount and VIP tier really stack?+
Yes. The partner discount is applied as a percentage off your tier-adjusted rate, so as your VIP level rises, both discounts compound. At VIP 3 with a 20% partner code and MNT deduction, your effective perp maker rate is roughly 0.010% — comparable to what hedge funds pay on traditional brokers.
Does the lifetime 20% discount expire?+
No. A legitimate partner code grants a permanent reduction tied to your account at registration. If someone offers a 'limited-time' or '30-day' discount, that's not the same product and will revert to full rates.
What if I already signed up without a partner code?+
You can KYC-Transfer your verification to a new account that has the code applied at sign-up — this is officially supported by Bybit, since the one-person-one-account rule is about KYC identity, not about how many accounts you've registered over time. See the Sign-Up guide for the exact procedure.
Is paying fees in MNT risky?+
Only insofar as you hold MNT itself, which can fluctuate in price. The amount needed for a month of fees is typically very small (sub-1% of trading capital), so most users keep a rolling balance and accept the price risk as the cost of the ~10% discount.
Why is my actual fill fee different from the headline rate?+
Three reasons: (1) you crossed the spread and paid taker instead of maker; (2) your tier changed mid-month after a volume reassessment; (3) fee was deducted in MNT at a different USD-equivalent rate than expected. Open the fee log in your account to see the exact basis for each fill.