Spot Trading: Fees Explained
    bybit2023-01-08 10:35:06

    Traders can be classified as market takers or market makers. For every executed order, trading fees are incurred. 

    • Market takers are traders who seek liquidity and take liquidity off the book immediately. They’re charged a taker fee. 

    • Market makers, who provide liquidity and increase the market depth of the order book, are charged a maker fee. 

    • Traders can view their incurred trading fees from the trading history. 


    Note: The table below shows the trading fee you’ll be charged when you trade Spot markets on Bybit and is applicable to Non-VIP users. For more information on the VIP rate, please refer to the overview of Trading Fee Structure




    Maker Fee Rate

    Taker Fee Rate

    All Spot Trading Pairs





    The formula for Spot:

    Trading Fee = Filled Order Quantity x Trading Fee Rate

    Taking BTC/USDT as an example:

    If the current price of BTC is $40,000. Traders can buy or sell 0.5 BTC with 20,000 USDT.


    Trader A buys 0.5 BTC using a Market Order with USDT.
    Trader B buys 20,000 USDT using a Limit Order with BTC.


    Taker's Fee for Trader A = 0.5 x 0.1% = 0.0005 BTC
    Maker's Fee for Trader B =20,000 x 0.1%= 20 USDT


    After the order is filled:
    Trader A buys 0.5 BTC with a Market Order, so he will pay a Taker's Fee of 0.0005 BTC. Therefore, Trader A will receive 0.4995 BTC.

    Trader B buys 20,000 USDT with a Limit Order, so he will pay a Maker's Fee of 20 USDT. Therefore, Trader B will receive 19,980 USDT.



    — The trading fee unit charged is based on the purchased cryptocurrency.

    — There is no trading fee for unfilled parts of orders and cancelled orders.

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