For every executed order, there is a Trading Fee incurs.
- A trading fee is deducted from the account balance, it does not affect the initial margin of the order
- Market makers who provide liquidity and increase the market depth of order book will receive an incentive(negative trading fee) from Bybit
- Market takers who seek liquidity and immediacy will be charged a trading fee(positive trading fee)
Trading Fee = Position Value x Trading Fee Rate
At ‘Trade History’, a positive fee rate indicates the paying of Taker fee while a negative fee rate indicates the receiving of Maker rebate.
Trader A buys 10,000 BTCUSD contracts using Market order.
Trader B sells 10,000 BTCUSD contracts using Limit order.
Assuming that the execution price is 8,000 USD:
Taker fee for Trader A = 10,000/8,000 x 0.075% = 0.0009375 BTC
Maker rebate for Trader B = 10,000/8,000 x -0.025% = -0.0003125 BTC
Hence, upon execution, Trader A will be paying 0.0009375 BTC of Taker fee and Trader B will be receiving 0.0003125 BTC of Maker rebate.