What are the fees associated with using Bybit?

Bybit, as a cryptocurrency derivatives trading platform, typically does not charge fees for deposits. However, when it comes to trading, Bybit implements a maker and taker fee structure. Makers, who provide liquidity to the market by placing a limit order, are often rewarded with a rebate. As for takers, who take liquidity away from the market by filling orders at market price, they are charged a fee. The standard maker fee rebate is around -0.025%, and the taker fee is about 0.075% per trade. Additionally, Bybit charges a funding fee, which occurs every eight hours between users who hold open positions in perpetual contracts; this fee isn’t a direct charge by Bybit but rather an exchange between traders based on market conditions and position leverage. Withdrawal fees are also applicable and vary depending on the blockchain load and the cryptocurrency being withdrawn; these are regularly adjusted according to blockchain conditions to ensure faster transactions at reasonable costs. Users must always be aware of the dynamic nature of such fees due to potential changes in market conditions or updates in platform policies.