Q: What is the Bybit Leaderboard?
Bybit Leaderboard displays the top 500 traders on Bybit across different trading products. Traders may choose to follow the highest performing traders from across Bybit and see their positions if they enable sharing.
Q: If I don’t fall under the top 500 category, will my profile be public?
A: Your profile will be public if you make it to the top 500. If you do not wish to appear on the leaderboard, you can go to your Settings and disable the “Show my rank on the leaderboard” function.
Q: What happens if I decide not to be ranked on the leaderboard?
A: The following trader will take your place. For example, if you’re ranked second on the leaderboard and you decide not to be ranked, the trader ranked third will take over rank #2.
Q: How will I be notified when a trader I follow makes a new trade?
A: Currently, the Follow feature only allows you to mark a trader as “Favorite”. Bybit will be adding more notification features in the future.
Q: How are traders ranked?
A: The rankings are determined by Realized P&L or ROI percentage, according to Inverse Perpetual contracts, USDT Perpetual contracts or Inverse Futures contracts. Spot will be added soon, so please stay tuned!
Q: How can I have my username shown on the leaderboard?
A: The username shown on the leaderboard is according to your nickname set on the account settings page. If you have not set up your nickname, a redacted email address or phone number that you’ve used to register an account will be displayed as your leaderboard’s username.
Q: How does the search bar work?
A: You can search the ranking or profile of a certain trader by using the “Search by user” function. For security reasons, the trader's email address and phone numbers are redacted. Hence, a full/complete email address is not searchable. You can search the list of users by what is displayed.
Q: What does being an inactive trader mean?
A: An inactive trader is one who has not made a trade in the last 90 days. If you’re an inactive trader, you will not be ranked on the leaderboard. Also, the trading statistics on your profile page will not be shown.
Please note that the leaderboard is not applicable to institutional users and API users, your profile will be indicated as inactive trader.
API users: User who have created API key will be identified as API users.
Q: Why is the P&L shown on the leaderboard different from the value showing on my assets page? Why is the value changing when I’m not making any trades?
A: This is due to the value fluctuation of each coin, as the P&L shown on the leaderboard is taking the coin’s value in USD., which is updated once every day at 12:30AM UTC.
Q: Will a subaccount’s ranking be shown on the leaderboard?
A: Yes, a subaccount’s ranking will be shown.
Q: How to derive P&L and ROI%
A: The system will calculate the total P&L and ROI percentage of the respective contracts, and the rankings are refreshed at 12:30AM UTC everyday. Unrealized P&L is not included. The formulas to calculate the P&L and ROI percentages are as follows:
Inverse Contract (Long) P&L = Open Value − Close Value = [(Contract Quantity × Contract Size)/Open Price] − [(Contract Quantity × Contract Size)/Close Price] − Funding Fees − Trading Fees
Inverse Contract (Short) P&L = Close Value − Open Value = [(Contract Quantity × Contract Size)/Close Price] − [(Contract Quantity × Contract Size)/Open Price] − Funding Fees − Trading Fees
Linear Contract (Long) P&L = Close Value − Open Value = [(Contract Quantity × Contract Size × Close Price) − (Contract Quantity × Contract Size × Open Price)] − Funding Fees − Trading Fees
Linear Contract (Short) P&L = Open Value − Close Value = [(Contract Quantity × Contract Size × Open Price) − (Contract Quantity × Contract Size × Close Price)] − Funding Fees − Trading Fees
ROI % = Profit/Cost
= Realized Derivatives P&L (day 1 + day 2 + day 3 + … + day n)/Cost
Cost = Closing value/leverage used for closed position
Disclaimer: Please note that the above calculations are solely for the purpose of leaderboard ranking calculation.
Q: How is the Win Rate calculated?
Example: If a trader closes 10 positions, and 7 of them are for profits and 3 for losses, the trader’s Win Rate is 70%.