Bybit After the Fee Discount Disappeared (2026)
Updated 8 October 2026. TetherBase revised its exchange rates on 28 September 2026. Every figure below is recalculated against the new rate (Bybit payback 20%). Rates change without notice, so check tetherbase.io before you trade.
Bybit used to stack two benefits: a discount at order time and a rebate afterwards. The September revision removed the discount.
The short version: a 0.055% listed taker fee with 20% payback and no discount leaves 0.044%, or $4.40 per $10,000 fill.
What changed
The old structure cut the fee when the order was billed, then returned a share of what remained. There is one step now.
20% is a rebate paid after the trade. Nothing is taken off at order time. Adding the two together — as the old structure invited — understates what you pay.
| Step | Applied | Effective taker | Per $10,000 |
|---|---|---|---|
| 0. Listed taker fee | — | 0.055% | $5.50 |
| 1. Fee discount | None | 0.055% | $5.50 |
| 2. Payback 20% | Rebated on cycle | 0.044% | $4.40 |
The expensive starting point is now exposed
Bybit’s 0.055% listed taker fee is the highest in the table. The discount used to mask part of that. Nothing masks it now.
| Trade size (one taker fill) | Listed fee 0.055% | Payback | You actually pay |
|---|---|---|---|
| $1,000 | $0.55 | −$0.11 | $0.44 |
| $10,000 | $5.50 | −$1.10 | $4.40 |
| $100,000 | $55.00 | −$11.00 | $44.00 |
Against Bitget, which still stacks both
| Step | Bybit | Bitget |
|---|---|---|
| Listed taker fee | 0.055% | 0.06% |
| Fee discount | None | 50% → 0.03% |
| Payback | 20% → 0.044% | 50% → 0.015% |
| Cost per $10,000 | $4.40 | $1.50 |
Bitget starts more expensive and finishes 2.9 times cheaper.
Benefits multiply rather than add. A 50% discount and a 50% rebate do not make 100% — the remainders compound into 0.015%.
Where it lands against the rest
| Exchange | Listed taker fee | TetherBase payback | Effective taker fee | Cost per $10,000 |
|---|---|---|---|---|
| Bitget | 0.06% | 50% + 50% fee discount | 0.015% | $1.50 |
| Gate | 0.05% | 70% | 0.015% | $1.50 |
| OKX | 0.05% | 20% | 0.04% | $4.00 |
| Bybit | 0.055% | 20% | 0.044% | $4.40 |
| EdgeX (on-chain) | 0.045% | None | 0.045% | $4.50 |
| Binance | 0.05% | 10% | 0.045% | $4.50 |
Bybit sits low on effective cost. The rebate still arrives automatically inside the account, which is worth something if you would rather not reconcile anything.
How to confirm the payback is actually reaching you
Two screens tell you whether the rate is working. The exchange’s own fee history, and wherever the rebate lands.
Open your filled orders first and read the fee that was actually deducted. If it differs from the listed rate, your volume tier moved or a discount applied.
Then open the rebate or bonus ledger inside the exchange account. Bybit pays directly, so the credit shows up there.
Aggregation usually takes a day or two. A credit missing immediately after a fill is not a missing credit.
Check funding before you compare rates
A payback rate is worth nothing at a venue you cannot fund. Routing differs by country and by the domestic exchange you start from.
Bybit accepts direct transfers from most major venues, so funding is usually the easy part.
Work in that order and you avoid the common failure: an account opened on the strength of a rate table, then stuck at the deposit screen.
Transfer fees deserve the same attention
Trading fees are published, so they are easy to compare. Transfer fees are the ones that quietly add up.
They are flat per transfer, independent of the amount moved. Splitting one transfer into five multiplies the cost by five while moving the same money.
TRC20 runs roughly a dollar per transfer. ERC20 ranges from five to twenty-five dollars depending on congestion. Sending and receiving networks must match: addresses starting 0x are ERC20, addresses starting T are TRC20.
For a trader moving small amounts often, that gap outweighs several percentage points of payback.
What to re-check when a rate moves
A revision like this one reorders the whole table, which is why memorising a single number stops working within a quarter.
Three things are worth re-reading. Whether the listed fee has moved, what the payback rate is now, and where the product of the two places the venue against the others.
Those two inputs move independently. Listed fees change with the exchange’s own pricing; payback changes with partner terms. Watching one and assuming the other is how a stale figure survives for months.
And unless you trade heavily, a shuffle in the middle of the table rarely justifies moving accounts. Price the transfer fees and the time before you act on a ranking.
What volume tiers change
Every figure here is the entry tier. Listed fees fall as volume accumulates.
Payback is a percentage, so it keeps applying to the smaller base. The amount returned shrinks, but the net cost still falls.
That is why high-volume traders gain more from concentrating flow at one venue than from chasing the highest rate across several.
FAQ
Is the 20% fee discount gone?
Yes. As of the 28 September 2026 revision there is no order-time discount at Bybit. The 20% is a post-trade rebate.
What does 20% payback leave?
80% of the listed 0.055% fee, which is 0.044% — $4.40 per $10,000.
Can I add a discount and a rebate together?
No. They compound on the remainder rather than summing, and adding them understates the real cost.
Why use Bybit now?
Automatic payout and familiar tooling. On cost alone, Bitget and Gate are clearly ahead.
Bottom line
- Payback is 20% as of the 28 September 2026 revision.
- A 0.055% listed taker fee becomes 0.044% — $4.40 per $10,000 fill.
- Payout is automatic inside the exchange account.
- Rates move without notice, so confirm the current figure before you trade.
Sources
- TetherBase exchange payback rates — tetherbase.io (28 September 2026 revision)
- Bybit official futures fee schedule (entry / standard tier)
Disclosure: TetherBase is a fee comparison site I run, and exchange signup paths carry affiliate links. Readers pay nothing extra.
This is information, not investment advice. Futures trading can lose your principal, and leverage can lose your entire principal.
Rates and fees change without notice. Confirm the current figures on the exchange and on TetherBase before trading.
