Binance vs Bybit Fees: Real Cost Breakdown by Trade Size
Most "binance vs bybit fees" pages stop at the headline rate. This one converts the rates into dollars at different trade sizes and shows where the real money leaks.
According to the fee schedules each exchange publishes, both platforms use a maker/taker model. A maker adds liquidity with a resting limit order. A taker removes it with an order that fills immediately. Taker rates are always equal to or higher than maker rates.
Base Fee Comparison
These are the standard, non-VIP rates for a new account as published by each exchange. Exchanges change schedules and run promotions, so confirm on the live fee page before you trade.
| Market | Binance (maker / taker) | Bybit (maker / taker) | Cheaper at base |
|---|---|---|---|
| Spot | 0.10% / 0.10% | 0.10% / 0.10% | Tie |
| Spot with BNB fee payment | — | — | Binance |
| USDT perpetual futures | — | — | Binance (taker) |
| Futures with BNB fee payment | — | Not applicable | Binance |
A Binance Square post comparing the two exchanges' fees covers the same ground. It is published on Binance's own platform, so treat it as one input and cross-check against the official fee pages.
Top 5 Factors That Decide Which Exchange Is Cheaper
Ranked by how much money each factor typically moves for an active retail trader:
- Order type (maker vs taker). On futures, the gap between maker and taker rates is typically bigger than the gap between the two exchanges. Switching from market to limit orders saves more than switching platforms.
- Market traded. Spot is a tie at base rates.
- Fee token discount. Binance offers a discount when fees are paid in BNB.
- 30-day volume tier. VIP tiers reduce rates on both platforms as 30-day volume rises.
- Withdrawal network choice. Withdrawal fees are flat per transfer, so they hit small, frequent withdrawals hardest.
VIP Tiers and Discounts
Both exchanges lower fees as 30-day trading volume rises. Exact thresholds and percentages change, so this table compares how the programs work rather than reprinting numbers that go stale.
| Feature | Binance | Bybit |
|---|---|---|
| Tier basis | — | — |
| Fee token discount | — | None comparable |
| Maker rate at higher tiers | Falls as tier rises | Falls as tier rises |
| Where to check | Official fee schedule page | Official fee schedule page |
Do not choose an exchange because of a VIP 5 rate you will not reach.
Real Fee Calculations by Trade Size
These figures are plain arithmetic from the base rates in the table above. They exclude VIP discounts, spreads and funding.
Single trade cost
| Trade size | Spot at 0.10% | Spot on Binance with BNB (0.075%) | Futures taker, Binance (0.05%) | Futures taker, Bybit (0.055%) |
|---|---|---|---|---|
| $1,000 | $1.00 | $0.75 | $0.50 | $0.55 |
| $10,000 | $10.00 | $7.50 | $5.00 | $5.50 |
| $100,000 | $100.00 | $75.00 | $50.00 | $55.00 |
Monthly savings estimates
| Monthly volume | Market | Binance cost | Bybit cost | Binance saves |
|---|---|---|---|---|
| $10,000 | Spot (Binance paying with BNB) | $7.50 | $10.00 | $2.50 |
| $50,000 | Spot (Binance paying with BNB) | $37.50 | $50.00 | $12.50 |
| $250,000 | Spot (Binance paying with BNB) | $187.50 | $250.00 | $62.50 |
| $50,000 | Futures, all taker | $25.00 | $27.50 | $2.50 |
| $250,000 | Futures, all taker | $125.00 | $137.50 | $12.50 |
| $1,000,000 | Futures, all taker | $500.00 | $550.00 | $50.00 |
Interactive Fee Calculator
Pick a market, enter your monthly volume and the share you trade as maker. The rate fields fill with base rates and can be edited, so you can enter your own VIP rates from the exchange's fee page.