Bybit vs Phemex fees
Bybit charges 0.020% maker and 0.055% taker on perpetual futures. Phemex charges 0.010% maker and 0.060% taker. The tables below compare their published entry-tier fees, live BTC funding when available, and example monthly costs. Your result can change with volume, order mix, and discounts.
Fee comparison
| Perps maker | 0.020% | 0.010% |
| Perps taker | 0.055% | 0.060% |
| Spot maker | 0.100% | 0.100% |
| Spot taker | 0.100% | 0.100% |
Rates shown are published base-tier estimates and may change, so always confirm on the exchange. Maker = limit orders that add liquidity (cheaper); taker = market orders that remove it.
Which is cheaper?
At $100k in monthly volume with an even maker/taker split, Phemex costs $35.00/month, about $2.50 less on perpetual futures. On spot, Bybit and Phemex tie at $100/month. These examples use published entry-tier rates before funding, volume tiers, maker rebates, and native-token discounts.
Monthly cost examples
| Profile | Bybit | Phemex | Difference |
|---|---|---|---|
| Perps · $25k/month · 25% maker | $11.56 | $11.88 | $0.31 |
| Perps · $250k/month · 50% maker | $93.75 | $87.50 | $6.25 |
| Spot · $25k/month · 50% maker | $25.00 | $25.00 | $0.00 |
Those $25k and $250k cases are ranked across every venue on the $25k/month and $250k/month profiles.
Trading-fee estimates only. Perpetual-futures funding, spread, slippage, and withdrawal costs are separate.
Current BTC perpetual funding
| Exchange | Rate per 8h | Simple annualized rate |
|---|---|---|
| Bybit | +0.0080% | +8.7% |
| Phemex | +0.0054% | +5.9% |
At this snapshot, Phemex has the lower recorded funding rate for a long position. Positive funding usually means longs pay shorts; negative funding means shorts pay longs. Rates can change before the next settlement.
Funding last refreshed Aug 30, 2026, 1:16 PM UTC.
Official fee sources
Fee schedules can vary by product, region, promotion, and account tier. Check the exchange page before placing a trade.
Want the full picture on either venue? See Bybit fees and Phemex fees.
Open an account
This is an affiliate link, and FeeEdge may earn a commission at no extra cost to you.
FAQ
Is Bybit cheaper than Phemex?
On base-tier perpetual futures, Bybit has the lower taker fee (0.055% vs 0.060%). On spot, both charge 0.100% taker. Your actual cheapest venue depends on your monthly volume and maker/taker mix, so check it in the calculator.
What are Bybit's trading fees?
Bybit charges roughly 0.020% maker / 0.055% taker on perps and 0.100% maker / 0.100% taker on spot at the entry tier.
What are Phemex's trading fees?
Phemex charges roughly 0.010% maker / 0.060% taker on perps and 0.100% maker / 0.100% taker on spot at the entry tier.