Can you provide more information about the fees for trading derivatives on Bybit?

1 answers

• Kure MossMar 14, 2021 · 5 years ago
  Certainly! When it comes to trading derivatives on Bybit, you'll encounter various fees. Opening and closing positions involve trading fees, which are determined by the maker-taker fee model. Makers, who provide liquidity to the order book, enjoy lower fees compared to takers, who take liquidity from the order book. The exact fees depend on the trading pair and your trading volume. Additionally, Bybit charges funding fees for perpetual contracts. These fees are used to maintain the contract's price alignment with the underlying asset's price. It's important to note that funding fees can be positive or negative, depending on the market conditions. In terms of fee competitiveness, Bybit fares well compared to other exchanges. However, it's always a good idea to compare fees across different platforms to ensure you're making an informed decision.
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