Understanding trading fees is crucial for maximizing profits in cryptocurrency trading—especially when using platforms like Bybit, one of the most popular exchanges for derivatives and spot trading. With multiple fee types including maker and taker fees, funding rates, spreads, and deposit/withdrawal costs, it's easy to overlook hidden expenses that can eat into your returns.
In this comprehensive guide, we break down every fee you’ll encounter on Bybit in simple terms, helping you trade smarter and more profitably in 2025.
Understanding the Different Types of Fees on Bybit
Trading on Bybit involves several cost components depending on your trading method—spot, futures, or options. These include:
- Order execution fees: Maker and taker fees
- Holding costs: Funding rate (swap fees) for perpetual contracts
- Spread costs: Bid-ask spread during order execution
- Deposit fees: Typically none, but third-party charges may apply
- Withdrawal fees: Fixed network fees for moving assets out
Let’s explore each in detail.
Bybit Maker and Taker Fees Explained
When placing an order on Bybit, you're charged either a maker fee or a taker fee, depending on how your order interacts with the order book.
What Is a Maker Fee?
A maker places a limit order that doesn’t immediately execute—it adds liquidity to the market by waiting to be filled. Because this improves market depth, Bybit rewards makers with lower (or sometimes negative) fees.
What Is a Taker Fee?
A taker uses a market order (or limit order that executes instantly), removing liquidity from the order book. Since takers reduce available orders, they are charged a higher fee.
As of 2025, Bybit’s standard fee structure is as follows:
| Trading Type | Taker Fee | Maker Fee |
|---|---|---|
| Spot Trading | 0.10% | 0.10% |
| USDT Perpetual Contracts | 0.06% | 0.01% |
| Inverse Perpetual Contracts | 0.075% | 0.025% |
| USDC Options | 0.03% | 0.03% |
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Historically, Bybit offered negative maker fees, meaning users were paid to place limit orders. While that’s no longer the case across most pairs, the maker-taker model still favors strategic traders who use limit orders wisely.
Funding Rate (Swap Fees) on Perpetual Contracts
If you hold a position in perpetual futures contracts, you’ll encounter funding payments, often referred to as swap fees. These are periodic transfers between long and short traders designed to keep the contract price aligned with the underlying spot price.
When Are Swap Fees Charged?
Funding occurs every 8 hours (at 04:00, 12:00, and 20:00 UTC). You only pay or receive funding if you hold a position at these times.
How Is the Funding Rate Calculated?
The formula is:
Funding Payment = Position Size × Mark Price × Funding RateFor example:
- Position size: 1 BTC contract
- Mark price: $40,481.49
- Funding rate: 0.01%
Your payment would be: 1 × (1 / 40,481.49) × 0.0001 ≈ $0.00247
You can find the current funding rate displayed directly on the trading interface—look for the percentage near the contract name.
Who Pays and Who Receives?
- In bullish markets, longs pay shorts (positive funding rate)
- In bearish markets, shorts pay longs (negative funding rate)
This mechanism prevents prolonged deviations between perpetual contract prices and real-world asset values.
💡 Pro Tip: Monitor funding rates before opening large positions. A consistently high positive rate means holding longs will cost more over time—consider going short or waiting for a reversal.
Which Trading Pairs Incur Funding Fees?
| Trading Product | Funding Fee Applies? |
|---|---|
| USDT Perpetual Contracts | Yes |
| Inverse Perpetual Contracts | Yes |
| Spot Trading | No |
| Inverse Futures (fixed-term) | No |
So if you want to avoid swap fees entirely, stick to spot trading or fixed-term futures.
Understanding Bid-Ask Spread on Bybit
While not labeled as a direct fee, the bid-ask spread impacts your entry and exit prices—and thus your profitability.
The spread is the difference between:
- The highest price a buyer is willing to pay (bid)
- The lowest price a seller is asking (ask)
When you place a market order, you automatically buy at the ask and sell at the bid—immediately incurring a small cost equal to the spread.
Bybit maintains tight spreads due to high liquidity:
- BTC/USDT: ~$0.50
- ETH/USDT: ~$0.05
- XRP/USDT: ~$0.0001
These are competitive compared to other exchanges, especially during normal market conditions. However, spreads can widen significantly during high volatility or low trading volume.
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Deposit Fees on Bybit: What You Need to Know
Bybit does not charge any deposit fees—whether you're depositing crypto or using fiat on-ramps.
However, third-party services involved in the process may apply their own charges:
1. Crypto Transfers from Another Exchange
No fee from Bybit, but your sending exchange may charge a network withdrawal fee (e.g., BTC network fee).
2. Fiat Deposits via Credit Card or Bank Transfer
Bybit partners with external providers:
- Echeck: Currently 0% fee (recommended for USDT deposits)
- OnRamp: ~2.25% fee
- Simplex: 3.5%–5% fee
Always compare options before depositing fiat. Using Echeck when available can save you significant costs.
Withdrawal Fees: How Much Does It Cost to Move Funds?
Withdrawing funds from Bybit incurs fixed network fees based on blockchain congestion and token type. These are not profit-driven but reflect actual transaction costs on respective networks.
Here are common withdrawal fees as of 2025:
- Bitcoin (BTC): 0.0005 BTC
- Ethereum (ETH): 0.02 ETH
- Tether (USDT ERC-20): $10
- Ripple (XRP): 0.25 XRP
These fees do not scale with amount—whether withdrawing $100 or $10,000 worth of USDT, the fee remains $10.
Estimated JPY equivalents (based on USD/JPY ≈ 155):
- BTC: ~12,467 JPY
- ETH: ~49,666 JPY
- USDT: ~1,550 JPY
- XRP: ~39 JPY
Plan large withdrawals strategically to minimize relative cost impact.
Frequently Asked Questions (FAQ)
Q: Are there any hidden fees on Bybit?
No, Bybit discloses all major fees transparently. The main costs are maker/taker fees, funding rates for perpetuals, and network-based deposit/withdrawal charges from third parties.
Q: Can I avoid paying funding fees?
Yes. Avoid holding perpetual contract positions at funding times (every 8 hours), or trade spot/inverse futures instead, which don’t have recurring funding payments.
Q: Does Bybit charge withdrawal fees for all cryptocurrencies?
Yes, all withdrawals incur a fixed network fee to cover blockchain transaction costs. Fees vary by coin and network load.
Q: Is spot trading cheaper than futures on Bybit?
Generally yes—spot trading avoids funding rates and often has simpler fee structures. However, futures offer leverage and hedging benefits worth the added complexity.
Q: How often are funding rates updated?
Funding rates are recalculated every minute but only applied every 8 hours. You can view upcoming payment times and rates in real-time on the trading interface.
Q: Where can I see my transaction history and fee breakdown?
Go to your Account History > Transaction Records in the Bybit dashboard to view detailed logs of all trades, deposits, withdrawals, and associated fees.
Final Thoughts: Trade Smarter by Knowing Your Costs
To succeed in crypto trading, especially with leveraged products, you must account for all costs—not just entry and exit prices. On Bybit, key expenses include:
- Taker/maker fees per trade
- Funding payments when holding perpetuals
- Bid-ask spreads affecting execution quality
- Third-party deposit fees (especially fiat)
- Fixed withdrawal fees based on network costs
By understanding these elements and planning accordingly—such as timing entries around funding events or choosing low-spread pairs—you can significantly improve net returns.
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Whether you're new to derivatives or scaling up your strategy, mastering fee mechanics is essential—and now you’re equipped to do it right on Bybit.