By Sliceback team
2026-08-17
One perpetual trade is two fills, not one. On Bybit's standard fee schedule, a non-VIP taker pays 0.055% per fill, so a position opened and closed at market costs 0.11% of notional before the price has moved at all.
Most traders know the 0.055%. Far fewer carry the doubled number in their head while sizing a trade, which is where it actually matters.
The four ways out of a position
| Entry | Exit | Round trip |
|---|---|---|
| Taker | Taker | 0.110% |
| Taker | Maker | 0.075% |
| Maker | Taker | 0.075% |
| Maker | Maker | 0.040% |
Taker is 0.055%, maker is 0.020%. That is a 2.75x difference per fill, and it compounds across both legs: the all-taker path costs 2.75 times the all-maker path.
A limit order is not automatically a maker fill. A limit that crosses the spread and executes immediately is a taker fill and is charged as one. "I only use limits" and "I pay maker fees" are different statements, and the fee report is the only one that settles which is true. We wrote about the mechanics separately in maker vs taker.
What it costs per position
At 0.11% round trip, taker both sides:
| Position size | Fee per round trip |
|---|---|
| $1,000 | $1.10 |
| $10,000 | $11.00 |
| $50,000 | $55.00 |
| $100,000 | $110.00 |
Leverage does not change this. Fees are charged on notional, not on margin. A $1,000 margin position at 10x is $10,000 of notional and costs $11.00 to open and close — 1.1% of the money you actually put up.
What it costs per year
Fees scale with turnover, not with account size. Monthly notional is the number that matters:
| Monthly notional | Fees per month | Fees per year |
|---|---|---|
| $250,000 | $137.50 | $1,650 |
| $1,000,000 | $550 | $6,600 |
| $2,000,000 | $1,100 | $13,200 |
| $5,000,000 | $2,750 | $33,000 |
| $8,800,000 | $4,840 | $58,080 |
The $8.8M row is not an institutional figure. It is ten round trips a day at $20,000 a position, twenty-two trading days a month. That is one reasonably busy intraday trader.
Spot is worse in isolation — 0.10% both maker and taker on the standard schedule, so a spot round trip runs 0.20% — but spot turnover is usually a fraction of perp turnover, so the annual number lands lower for most accounts.
What to do with the number
Three things follow from it, in order of how much they move the total.
Measure your actual split. Not what you intend, what executed. Export your trade history and add up the fee column for the last ninety days, then annualise it. Almost everyone who does this for the first time finds a bigger number than they expected, because the mental model is per-trade and the bill is cumulative.
Move fills to the maker side where the strategy allows it. Going from all-taker to all-maker cuts the fee by 63.6%. It costs you fill certainty, which is a real trade-off for momentum entries and not much of one for scaled exits.
Cut the rate on what stays taker. Exchange volume tiers are the usual answer and they are out of reach for most accounts — Bybit's VIP 1 wants $250,000 on balance or $10,000,000 of 30-day futures volume. A rebate reduces the effective rate without the volume requirement; the current terms for Bybit accounts are on our Bybit page.
The 0.11% is not negotiable. How much of it you keep paying is.
By Sliceback team
2026-08-17
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