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    Spot Trading: Fees Explained
    bybit2024-10-18 10:39:49

    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

    0.1%

    0.1%

     

     

    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.

     

    Notes:

    — 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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