What are the fees for trading derivatives on Bybit?
Tomer P.Dec 16, 2021 · 3 years ago3 answers
Can you provide more details about the fees associated with trading derivatives on Bybit? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.
3 answers
- Dec 16, 2021 · 3 years agoTrading derivatives on Bybit comes with a variety of fees. The main fee is the trading fee, which is charged when you open or close a position. The trading fee is calculated as a percentage of the trading volume and varies depending on the type of derivative and the trading pair. Bybit offers a tiered fee structure, where the more you trade, the lower your trading fee becomes. Additionally, there may be funding fees for perpetual contracts, which are charged every 8 hours to compensate for the funding rate difference between long and short positions. It's important to note that Bybit may also charge withdrawal fees when you transfer your funds out of the platform. Make sure to check Bybit's fee schedule for the most up-to-date information.
- Dec 16, 2021 · 3 years agoWhen it comes to trading derivatives on Bybit, you'll encounter various fees. The primary fee is the trading fee, which is determined by the trading volume and the type of derivative you're trading. Bybit employs a tiered fee structure, meaning that the more you trade, the lower your trading fee will be. Additionally, there are funding fees for perpetual contracts, which are charged every 8 hours to balance the funding rate between long and short positions. It's worth noting that Bybit may also impose withdrawal fees when you transfer your funds out of the platform. To stay informed about the latest fee details, it's advisable to refer to Bybit's fee schedule.
- Dec 16, 2021 · 3 years agoTrading derivatives on Bybit involves several fees. The primary fee is the trading fee, which is calculated based on the trading volume and the type of derivative being traded. Bybit employs a tiered fee structure, which means that the more you trade, the lower your trading fee will be. In addition to the trading fee, there are funding fees for perpetual contracts, which are charged every 8 hours to balance the funding rate between long and short positions. It's important to note that Bybit may also charge withdrawal fees when you transfer your funds out of the platform. For more detailed information on the fees associated with trading derivatives on Bybit, it is recommended to refer to Bybit's fee schedule on their official website.
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