Bybit is one of the largest crypto derivatives venues in the world, and its fee schedule is the industry's reference point: not the cheapest, not expensive, with deep books that often matter more than the headline rate. Here's how the costs break down.
The base schedule
For perpetual futures, base-tier (non-VIP) rates are 0.02% maker / 0.055% taker. For spot, both sides pay 0.1% at base tier. The maker/taker gap is the important part: takers pay nearly 3x more on derivatives, which makes execution style the biggest fee lever available to you — more on that in Maker vs Taker Fees Explained.
VIP tiers
Bybit's VIP ladder is driven by 30-day volume and/or asset balances. Discounts deepen through VIP and Pro levels, with top-tier makers reaching zero or rebate territory on derivatives. Two practical notes: derivatives and spot volumes count separately toward some requirements, and tier reviews happen daily — so a single big month moves you up quickly. If you trade seriously but below institutional size, the first few VIP tiers are realistic targets and worth optimizing for.
Funding costs
Bybit perps settle funding every 8 hours on most contracts. The rate floats with market conditions; in calm markets it hovers near the +0.01% baseline per interval (≈11% annualized), and in hot markets it can multiply several-fold. For any position held days or weeks, funding usually exceeds trading fees — model it with our funding calculator and compare live rates across venues on the funding page.
Worked example
A $10,000 perp round trip at base tier:
- As taker both ways: $10,000 × 0.055% × 2 ≈ $11
- As maker both ways: $10,000 × 0.02% × 2 = $4
- Hold it a week at +0.01%/8h funding: 21 intervals × $1 = $21 in funding — roughly double the taker fees
That last line is the point most beginners miss: on multi-day holds, the funding line dwarfs the fee line.
Costs beyond the schedule
- Withdrawal fees vary by asset and network — trivial for active traders, annoying for small accounts.
- Slippage: Bybit's headline strength. For BTC/ETH at size, its book depth frequently makes the *all-in* cost competitive with venues that quote lower fees.
- Promotions: new-listing fee discounts and campaigns are frequent; they're real savings but temporary — don't build a strategy's economics on a promo rate.
Verdict
Bybit's schedule is middle-of-market at base tier and competitive at VIP levels, with liquidity that often justifies the spread over cheaper venues for size traders. If your style is taker-heavy and base-tier, cheaper schedules exist — compare your exact trade on the fee calculator, which prices the same position across ten venues including Bybit. Rates change; verify against the official schedule before committing size.