Copy Trading: Profit Sharing Explained

Copy Trading: Profit Sharing Explained

As a principal trader on Bybit, you can share 10% of the net profit earned by each of your followers. Conversely, as a follower, you need to share 10% of your position profit with the principal trader. 

Profit Sharing Rules

Before starting your Copy Trading, please note the following rules:

1. If the follower's closed position is profitable, the system will automatically deduct 10% of the net profit in advance, and credit the profit share amount to the principal trader's account on the settlement day.
2. For the copy trade orders opened on the same day, the system will deduct the profit share amount from its realized profit only when all the copy orders are closed. If the copy trade orders are only partially closed, they will not be settled on the settlement day until all positions are closed.
3. During the settlement cycle — 12AM (midnight) UTC on Saturdays to 12AM (midnight) UTC last Fridays — all realized profit and loss that can be included in profit sharing will be settled at 3AM UTC on Mondays. Principal traders can share 10% of the net profit earned by their followers only when all closed positions of the followers that are included in the profit share have recorded a profit. If the actual profit share amount is lower than the profit deducted from the copy trade orders in advance, the excess amount will be returned to the follower’s Copy Trading Account, and the profit share amount will be credited to the principal trader’s Copy Trading Account.

Settlement Time 

Settlement time: 3AM  UTC on Mondays

Profit calculation period: 12AM  (midnight) UTC on Saturdays to 12AM  (midnight) UTC last Fridays

Formula

Net profit = Position P&L − Fee to open − Fee to close

Example

Principal trader Bob initiates multiple trades, including BTCUSDT, ETHUSDT and XRPUSDT.

Follower Ann, opens copy trades of BTCUSDT and ETHUSDT on March 22, and closes all positions on the same day, making a profit of 200 USDT and 100 USDT, respectively.

When closing a position, the system will first deduct 10% of the follower's position profit, and pay it to the principal trader on the settlement day. Before the settlement day, Bybit will clear the daily realized profit share amount (if any) at 8AM UTC the next day.

In this case, the total profit share of 30 (200 × 10% + 100 × 10%) USDT will be deducted from the follower’s profit and held by the Bybit platform until the settlement date for distribution.

Let’s take a look at how follower Ann’s position status is reflected in the profit sharing.

According to the settlement time mentioned above, the total profit and loss on March 26 and 27 will be included in the next settlement cycle.

In this case, from March 19 to 25, the pre-deducted profit sharing amount is 45 (150 × 10% + 300 × 10%) USDT from the profit realized by the follower closing the position.

On the settlement day (3AM UTC on March 28), the total profit and loss of the position realized by the follower, Ann, is 150 USDT. The principal trader will receive a profit share of 15 (150 × 10%) USDT, and the remaining 30 (or 45 − 15) USDT will be returned to the follower's account.

Note: Principal traders can share 10% of the net profit earned by their followers only when the total P&L of the follower's closed positions is profitable during the settlement period. If there is a loss in the total P&L, the pre-deducted profit share will be refunded to the follower on the settlement day.

How to View Your Profit Shared

For Principal Traders:

Please head to the User Center (Principal Trader) to view Total Profit Shared, or you may click on the Profit Shared tab to explore more details of profit sharing.

Note: The Total Profit Shared is the sum of the Actual Profit Shared Last Week and the Estimated Profit Shared From Current Week.

For Followers:

Please head to the User Center (Follower) to view more details of profit sharing under My Principal Traders.