Bybit Fees Explained: Complete 2025 Guide

Bybit Fee Structure Overview

Bybit has built its reputation on derivatives trading, and their fee structure reflects this focus. Spot fees match Binance at 0.10%, while futures fees are among the lowest in the industry at 0.02% maker and 0.055% taker.

What Makes Bybit Fees Competitive

As someone who uses Bybit primarily for futures trading, I appreciate:

• Ultra-low futures fees - 0.02% maker is hard to beat
• Binance-matching spot fees - 0.10% flat rate
• Aggressive VIP program - Significant discounts for volume
• Free crypto deposits - Standard but important
• Reasonable withdrawals - Multiple network options

Spot Trading Fees

Bybit’s spot fees are straightforward:

VIP Level	30-Day Volume	Maker Fee	Taker Fee
Non-VIP	< $1M	0.10%	0.10%
VIP 1	≥ $1M	0.0675%	0.10%
VIP 2	≥ $2.5M	0.0500%	0.0800%
VIP 3	≥ $5M	0.0325%	0.0600%
VIP 4	≥ $10M	0.0200%	0.0500%
VIP 5	≥ $25M	0.0100%	0.0400%

For most traders, the flat 0.10% is what you’ll pay - identical to Binance without the BNB discount option.

Futures/Derivatives Fees

This is where Bybit shines:

VIP Level	30-Day Volume	Maker Fee	Taker Fee
Non-VIP	< $10M	0.02%	0.055%
VIP 1	≥ $10M	0.018%	0.05%
VIP 2	≥ $25M	0.016%	0.045%
VIP 3	≥ $50M	0.014%	0.04%
VIP 4	≥ $100M	0.012%	0.035%
VIP 5	≥ $250M	0.01%	0.03%

Key point: Bybit’s 0.02% maker fee for futures is extremely competitive. For high-leverage traders, this makes a significant difference.

Funding Rates

Bybit perpetual contracts have funding rates every 8 hours:

• Positive funding: Longs pay shorts
• Negative funding: Shorts pay longs
• Typical range: -0.01% to +0.03%

Trading tip: Check funding rates before opening positions. High positive funding can eat into profits on long positions.

Deposit Options and Fees

Method	Fee	Time	Availability
Crypto	Free	Network time	Global
Credit Card	2-3%	Instant	Select regions
Bank Transfer	Varies	1-3 days	Select regions
P2P	Free	Varies	Global

Bybit’s fiat on-ramps are more limited than Coinbase or Kraken. Most users deposit crypto or use P2P.

Withdrawal Fee Comparison

Bybit offers multiple networks for withdrawals:

Asset	Best Network	Fee
USDT	Arbitrum	0.5 USDT
USDT	TRC20	1 USDT
USDT	ERC20	5 USDT
ETH	Arbitrum	0.00005 ETH
BTC	Bitcoin	0.0002 BTC

Always choose Arbitrum for USDT/USDC withdrawals - 10x cheaper than ERC20.

Copy Trading Fees

Bybit’s copy trading has additional fees:

• Profit sharing: 10-15% to master traders
• Trading fees: Standard rates apply
• No subscription fee: Free to join

Consider these costs when evaluating copy trading returns.

How to Minimize Bybit Fees

My cost-saving strategies on Bybit:

1. Use limit orders for futures - 0.02% vs 0.055%
2. Deposit crypto, not fiat - Avoid 2-3% card fees
3. Withdraw via Arbitrum - Cheapest network
4. Check funding rates - Avoid positions with high funding
5. Reach VIP 1 - $1M volume unlocks better rates

Bybit vs Binance Fees

Fee Type	Bybit	Binance
Spot Maker	0.10%	0.10%
Spot Taker	0.10%	0.10%
Futures Maker	0.02%	0.02%
Futures Taker	0.055%	0.05%
Token Discount	No	Yes (BNB)
BTC Withdrawal	0.0002	0.0002

Very similar fee structures. Binance edges ahead with BNB discounts; Bybit competes on derivatives features.

Who Benefits Most from Bybit?

Bybit’s fee structure is ideal for:

• Futures/derivatives traders - Industry-low maker fees
• High-leverage traders - Low fees matter more with leverage
• Non-US traders - Full feature access
• P2P users - Good P2P marketplace

For spot-only trading, Binance with BNB discount may be cheaper. For derivatives, Bybit is excellent.

Final Verdict

Bybit offers top-tier fees for derivatives trading. The 0.02% maker fee on futures is among the lowest available. Spot fees match the industry standard. The main limitation is fewer fiat deposit options compared to traditional exchanges.

For derivatives-focused traders outside the US, Bybit’s fees are hard to beat.