Tag: bybit

Bybit Exchange Review – Top Exchange Platform of 2025?
Bybit has established itself as the world’s second-largest cryptocurrency exchange by trading volume, serving over 60 million users globally. Founded in 2018, the platform specializes in crypto derivatives trading, offering Bitcoin perpetual futures, options, and leveraged trading. Traders can long or short digital assets, enabling them to profit from both rising and falling market conditions.

In this article, we’ll explore Bybit’s key features, derivatives trading mechanics, and security protocols to determine whether it remains a top choice for traders in 2025.

Key Features

Bybit has evolved into one of the largest cryptocurrency exchanges, offering a user-centric trading experience with cutting-edge features designed for both beginners and professional traders. Here are some of Bybit’s key features:

1. Leveraged Trading

Bybit continues to provide high-leverage trading options, allowing users to amplify their positions with up to 100x leverage on select derivatives contracts.

2. Perpetual Futures Contracts

The exchange specializes in perpetual futures contracts, which allow traders to speculate on cryptocurrency prices without an expiration date. Bybit offers deep liquidity, ensuring seamless order execution even during volatile market conditions.

3. Advanced Trading Tools

Bybit has introduced AI-powered trading analytics, automated trading bots, and customizable risk management features to enhance user experience. These tools help traders make informed decisions and optimize their strategies.

4. Proof of Reserves & Security

Security remains a top priority for Bybit. The platform now provides real-time proof of reserves, ensuring transparency and user fund protection. Additionally, Bybit employs multi-layer security protocols, including cold storage for assets, multi-factor authentication, and anti-phishing measures.

5. Web3 & DeFi Integration

Bybit has expanded its ecosystem to support Web3 applications, allowing users to access decentralized finance (DeFi) services, stake assets, and participate in on-chain governance directly from the exchange.

6. Global Accessibility & Compliance

Bybit has strengthened its regulatory compliance, securing licenses in multiple jurisdictions to ensure global accessibility while adhering to strict financial regulations.

History of Bybit

Bybit was founded in 2018 by Ben Zhou, an entrepreneur from Singapore, with the goal of creating a user-friendly cryptocurrency derivatives exchange. Initially headquartered in Singapore, Bybit quickly gained traction among traders due to its high-leverage trading options and advanced trading tools.

Major Milestones
- 2022 – Bybit relocated its headquarters to Dubai, United Arab Emirates, to align with the region’s growing crypto-friendly regulations.
- 2023 – The exchange faced legal challenges when the FTX bankruptcy estate sued Bybit for nearly $1 billion, alleging preferential withdrawals during FTX’s collapse. Bybit settled the case in October 2024, paying $228 million.
- 2025 – In February 2025, Bybit suffered the largest cryptocurrency exchange hack in history, losing $1.5 billion in Ethereum due to vulnerabilities in its multi-signature wallet system. The exchange replenished its reserves within 72 hours with emergency funding from Galaxy Digital, FalconX, and Wintermute2.
Despite challenges, Bybit remains the second-largest cryptocurrency exchange globally, continuing to expand its Web3 ecosystem, enhance security measures, and refine its derivatives trading offerings

What is Derivatives Trading?

Crypto derivatives trading lets investors speculate on future prices of digital assets like Bitcoin and Ethereum—without owning them. Bybit offers perpetual contracts, futures, and options, allowing users to potentially profit from price movements in either direction.

Why Trade Derivatives on Bybit?
- Leverage Up to 100x
- Hedging Strategies – Reduce losses from price volatility
- Advanced Order Execution – Secure trades with price protection features
Bybit’s Popularity in 2025

Bybit has solidified its position as the world’s second-largest cryptocurrency exchange by trading volume, serving over 70 million registered users globally. The platform continues to attract traders due to its high liquidity, advanced trading tools, and strong security measures.

Types of Derivatives Products on ByBit

Bybit continues to be a leading crypto derivatives exchange, offering a diverse range of trading products designed for both retail and institutional traders. Here is a list of what derivatives products are available on Bybit in 2025:

1. Perpetual Futures Contracts

Bybit specializes in USDT-margined and inverse perpetual contracts, allowing traders to speculate on price movements without an expiration date. These contracts provide deep liquidity and up to 100x leverage, making them a preferred choice for active traders.

2. Standard Futures Contracts

Bybit offers quarterly and bi-quarterly futures contracts, which settle at a predetermined date. These contracts are ideal for traders looking for structured risk management and long-term market exposure.

3. Options Trading

Bybit has expanded its crypto options market, providing European-style options that allow traders to hedge risks or speculate on volatility. The platform supports BTC, ETH, and other major assets, with customizable strike prices and expiration dates.

4. Inverse Perpetual Contracts

Bybit recently introduced 15 new inverse perpetual contracts, enabling traders to use crypto as collateral instead of stablecoins. This feature is particularly useful for long-term holders who want to trade without converting assets.

5. Copy Trading & AI-Powered Strategies

Bybit now integrates AI-driven trading bots and copy trading features, allowing users to follow expert traders and automate strategies. This makes derivatives trading more accessible to beginners while enhancing efficiency for professionals.

Bybit supported countries in 2025

Bybit provides cryptocurrency trading services in over 160 countries, allowing users to buy, sell, and trade digital assets. However, due to regulatory restrictions, certain regions are excluded from accessing the platform.

Bybit Supported Countries

Bybit is available in major regions across Asia, Europe, Africa, and the Americas. Some of the key supported countries include:
- Asia-Pacific: Japan, India, South Korea, Malaysia, Indonesia, Philippines, Thailand, Vietnam
- Europe: Germany, France, Spain, Italy, Netherlands, Switzerland, Poland, Portugal
- Middle East & Africa: United Arab Emirates, Saudi Arabia, South Africa, Egypt, Kenya
- Americas: Brazil, Argentina, Mexico, Chile, Peru, Canada (limited services)
Bybit Restricted or Banned Countries

Bybit does not operate in the following locations:
- United States, United Kingdom, Canada, France – Regulatory frameworks prevent Bybit from offering services.
- China, Hong Kong, Singapore, Uzbekistan – Government-imposed restrictions limit crypto trading access.
- Sanctioned Countries – North Korea, Cuba, Iran, Sudan, Syria, and Russian-controlled regions in Ukraine (Crimea, Donetsk, Luhansk, Sevastopol) are restricted due to international sanctions.
Bybit Supported Cryptocurrencies

Bybit offers a wide range of cryptocurrencies for trading, including major assets, stablecoins, and newly listed tokens. Here are the cryptocurrencies supported by Bybit:

Major Cryptocurrencies

Bybit supports trading for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), and Polygon (MATIC), among other leading digital assets.

Stablecoins

Users can trade with USDT, USDC, DAI, and other fiat-backed stablecoins, ensuring price stability and seamless transactions.

New Listings & Emerging Tokens

Bybit frequently adds new cryptocurrencies through its Launchpad and Launchpool programs, allowing users to invest in early-stage blockchain projects. Recent additions include AI-powered tokens and real-world asset-backed cryptocurrencies.

Derivatives & Perpetual Contracts

Bybit offers crypto derivatives trading, including USDT-margined and inverse perpetual contracts for major assets like BTC, ETH, and SOL.

Bybit Payment Methods

Bybit offers multiple payment options for users to deposit funds and purchase cryptocurrencies securely. The exchange supports bank cards, digital wallets, and crypto payments, ensuring flexibility for traders worldwide as follows:

1. Bank Card Payments

Bybit allows users to buy crypto using Visa, Mastercard, JCB, Google Pay, and Apple Pay. Users can link up to 5 bank cards to their account, provided they meet identity verification requirements.

2. Supported Fiat Currencies

Users can purchase cryptocurrencies using major fiat currencies, including USD, EUR, GBP, JPY, and AUD. The availability of fiat options depends on the selected payment method and region.

3. Bybit Pay

Bybit Pay is a global crypto payment solution, enabling users to make transactions using 15 major cryptocurrencies, including BTC, ETH, USDT, USDC, XRP, BNB, and TON3. The platform supports instant transfers via email, phone number, or Bybit User ID.

4. Transaction Fees

Bybit applies variable transaction fees based on the payment method:
- Visa/Mastercard (EU) – 1.1% per transaction
- Visa (Non-EU) – 3.05% per transaction
- Mastercard (Non-EU) – 2.7% per transaction
- Google Pay & Apple Pay – 1.8% + €0.24 fixed cost
Bybit Deposit and Withdrawal Fees

Bybit offers zero deposit fees for cryptocurrency transactions, allowing users to fund their accounts without additional costs. However, withdrawal fees vary based on the network conditions and asset type.

Deposit Fees
- Crypto Deposits – No fees for depositing cryptocurrencies into Bybit.
- Fiat Deposits – Fees may apply depending on the payment provider used for fiat transactions.
Withdrawal Fees

Bybit charges fixed withdrawal fees based on the selected cryptocurrency and blockchain network. Some examples include:
- Bitcoin (BTC) – 0.0005 BTC
- Ethereum (ETH) – 0.00015 ETH
- USDT (Tether, BEP20) – 10 USDT
- Solana (SOL) – 0.00802 SOL
- XRP (Ripple) – 0.844 XRP
Bybit processes withdrawals 3 times daily to ensure efficient fund transfers. Users should check the withdrawal page for real-time fee updates, as network congestion may impact costs.

Bybit Trading Fees

Bybit follows a tiered fee structure, offering competitive rates for spot trading, perpetual contracts, and options trading. Fees vary based on VIP levels, which are determined by asset balance or 30-day trading volume.

Spot Trading Fees
- VIP 0 (Standard Users): 0.10% maker & taker fee
- VIP 1: 0.08% maker & 0.0675% taker fee
- VIP 3: 0.075% maker & 0.0625% taker fee
- Supreme VIP: 0.045% maker & 0.03% taker fee
Perpetual & Futures Contracts Fees
- VIP 0: 0.055% taker & 0.02% maker fee
- VIP 3: 0.035% taker & 0.014% maker fee
- Pro 5: 0.021% taker & 0.000% maker fee
Options Trading Fees
- VIP 0: 0.03% taker & 0.02% maker fee
- VIP 3: 0.02% taker & 0.015% maker fee
- Pro 6: 0.015% taker & 0.000% maker fee
Bybit updates VIP levels daily. Users can check their personal fee rates in the My Fee Rate section after completing identity verification.

Bybit KYC Verification

Bybit requires users to complete Know Your Customer (KYC) verification to access most features on the exchange. This process ensures compliance with global anti-money laundering (AML) regulations and enhances security for all users.

KYC Levels & Withdrawal Limits

Bybit offers multiple KYC levels, each with different benefits and withdrawal limits:
- No Verification – Daily withdrawal limit: ≤ 20K USDT, monthly limit: ≤ 100K USDT
- Standard Verification – Daily withdrawal limit: ≤ 1M USDT
- Advanced/Pro Verification – Daily withdrawal limit: ≤ 2M USDT
- VIP Levels – Higher withdrawal limits, up to 30M USDT for PRO 6 users
How to Complete KYC Verification on Bybit

Users must submit government-issued identification and complete facial recognition to verify their identity. Advanced verification requires proof of address, such as a utility bill or bank statement.

Bybit Offers and Coupons

Bybit provides a variety of promotions, bonuses, and fee discounts for both new and existing users through its Rewards Hub. Here is a list of what Bybit offers and coupons are available in June 2025:

1. Welcome Bonuses

New users can claim sign-up rewards by completing tasks such as making their first deposit or executing trades. Bonuses include:
- Deposit Bonus – Earn up to US$50 for funding your account.
- Referral Bonus – Invite friends and receive extra trading credits.
2. Trading Fee Discounts

Bybit offers fee savers that reduce trading costs on spot, perpetual, and futures contracts. These discounts apply automatically when trading.

3. Special Promotions & Airdrops

Users can participate in weekly trading competitions and airdrops, earning exclusive rewards based on trading volume and engagement.

4. Bybit Pay Coupons

Coupons are available for Bybit Pay transactions, allowing users to offset fees when making purchases through Bybit’s payment system.

Bybit Testnet

You can also test transactions on the Bybit Testnet. This allows users who are unfamiliar with features to trade without using real Bitcoin.

Bybit Controversies

Bybit has faced scrutiny over its leveraged trading risks, with some users reporting significant losses due to market volatility. The exchange emphasizes that high-leverage trading is intended for experienced traders, and users must understand the risks before engaging in derivatives trading. Here are some of Bybit’s recent controveries:
- Leveraged Trading Risks – Bybit has been criticized for enabling high-leverage trades, which can lead to rapid liquidations in volatile markets. The platform advises users to employ risk management tools such as stop-loss orders.
- Listing Fee Allegations – Claims surfaced that Bybit charges US$1.4 million in listing fees for new tokens. The exchange denied these allegations, clarifying that projects must provide a promotion budget and security deposit ranging from $200,000 to $300,0002.
- Campus Ambassador Program – Bybit was accused of targeting students with trial trading contracts. The CEO dismissed these claims, stating that no schools officially allow students to trade contracts.
Frequently Asked Questions (FAQs)

Does Bybit Allow US traders?

The exchange does not allow US Citizens to trade on its platform for regulatory reasons. This rule is enforced by I.P. verification, where traders with a US I.P. address will not be able to trade. It is possible to trade on the exchange without KYC (passport verification) verification.

Does Bybit require KYC?

Currently, Bybit does not require a passport or ID verification to trade on the exchange. There are currently no withdrawal limits. However, not completing the KYC procedures when using a cryptocurrency exchange carries risks. This is because if the exchange is hacked or it collapses, there would be no way of identifying and proving what funds you had there, which would make recovery extremely difficult, if not impossible.
June 10, 2025
MantleSwap ($MANT) Token Airdrop Guide: LIVE NOW!
MantleSwap is a decentralized exchange built on the Mantle Network, an Ethereum Layer-2 protocol developed by BitDAO, one of the largest DAOs and a partner of Bybit. The MantleSwap Incentivized Testnet recently launched, and early users could potentially earn token airdrops in the future!

MantleSwap ($MANT) Token Airdrop Step-by-Step Guide

Here’s how to get the MantleSwap ($MANT) token airdrop:
1. Claim Goerli ETH from Faucets
2. Add Mantle Testnet to MetaMask
3. Mint $BIT Test Tokens
4. Bridge $BIT to Mantle Testnet
5. Claim Test Stablecoins at MantleSwap Testnet
6. Swap Tokens
7. Provide Liquidity
8. Complete Zealy Tasks
See below for more in-depth details!

What is MantleSwap?

MantleSwap is the premier decentralized exchange (DEX) built on the Mantle Network. It offers a suite of DeFi products for Mantle users, including an automated market maker (AMM) exchange, staking services, launchpads, lending, and GameFi.

At its core, Mantle Network is a technology stack for scaling Ethereum and EVM-compatible blockchains. Mantle has been built with a modular architecture that uses an optimistic rollup with data availability solutions. This allows Mantle to inherit security from Ethereum and offer cheaper and more accessible data availability.

Does MantleSwap Have a Token?

Yes, MantleSwap plans to launch its native token $MANT. Details of its tokenomics, emissions rate, and contract address will be announced soon.

Additionally, the MantleSwap team has hinted on Discord at a potential $MANT airdrop. They encourage community members to interact with the incentivized testnet and stress-test the network.

How to Get the MantleSwap ($MANT) Token Airdrop?
The best way to get the $MANT token airdrop is to interact with the MantleSwap Incentivized Testnet. These steps are also part of the Mantle Network ($BIT) token airdrop steps, which means you can potentially earn double the rewards! Here’s a step-by-step guide:
1. Claim Goerli ETH from Faucets
  You will need Goerli ETH to mint $BIT test tokens and bridge them to Mantle Testnet. You can use the Alchemy Faucet or Goerli PoW Faucet.
2. Add Mantle Testnet to MetaMask
  Add Mantle Testnet to your MetaMask wallet via ChainList.
3. Mint $BIT Test Tokens
  Mint $BIT test tokens at the Mantle Testnet Faucet. The network is on Goerli Testnet.
4. Bridge $BIT to Mantle Testnet
  Go to the Mantle Testnet Bridge, and transfer your $BIT from Goerli to Mantle Testnet. This process might take a while.
5. Claim Test Stablecoins at MantleSwap Testnet
  You can use your $BIT to claim more test tokens at MantleSwap’s faucet.
6. Swap Tokens
  Use the Swap feature, and swap some $BIT to $MANT. You can also swap between other available tokens.
7. Provide Liquidity
  On the Swap page, click the Liquidity tab and deposit a token pair to provide liquidity. You can see your liquidity positions at the Pool page.
  
  You can also deposit liquidity into a stablecoin pool.
8. Complete Zealy Tasks
  Join and complete Zealy tasks to unlock roles at MantleSwap’s Discord. These roles can help you earn more rewards in the future!
Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Although MantleSwap has not yet officially announced a token airdrop, it is typical for incentivized testnets to reward early users upon the launch of the native token. Additionally, the MantleSwap team has hinted on Discord at a potential $MANT airdrop.

Airdropped Token Allocation: The airdropped token allocation is yet to be announced.

Airdrop Difficulty: Simply claim $BIT test tokens and bridge them to Mantle Testnet. Swap tokens and provide liquidity at MantleSwap as frequently as you can.

Token Utility: The MantleSwap team will soon publish details about the utilities of $MANT.

Token Lockup: There is no tokenomics yet.
April 24, 2023
Bybit Funding Rates and Fees: Everything You Need to Know
Bybit is a cryptocurrency exchange offering trading perpetual contracts in the cryptocurrency market. However, it’s essential to understand the rates and fees that come with using the platform. In this article, we’ll explain Bybit’s funding rates and fees and give you some tips on how to manage them.

Use our PROMO CODE below to get a sign-up bonus of up to $30,000!

Check out our Bybit guide and review here.

What is Bybit?

Bybit is a cryptocurrency exchange founded by Ben Zhou and launched in 2018. The exchange currently has over 10 million users worldwide and supports over 100 cryptocurrencies. Bybit offers the following products: spot trading, derivatives trading (including USDT/USDC perpetual contracts, USDC options, leveraged trading, inverse perps and futures), an NFT marketplace, and Bybit earn.

Bybit Funding Rate Explained

Bybit’s funding rate can be challenging to understand for new traders. However, it’s essential to know how it works to manage your trading costs effectively. In simple terms, it is a fee that traders pay or receive when holding a position overnight. If you’re holding a long position, you’ll pay a funding fee if the funding rate is positive. If you’re holding a short position, you’ll pay a funding fee if the funding rate is negative.

Learn more: Crypto funding rates: How it works and how to earn passive income

Funding Rate Calculation

Bybit funding rates on perpetual contracts (Source: Bybit)

Funding Fees on Perpetual Contracts

Bybit charges a funding fee for holding positions overnight, and the fee is calculated based on the funding rate. This is calculated using the following formula:

Funding Fee = Position Value * Funding Rate

In this formula, “Position Value” is the total value of the trader’s position, and “Funding Rate” is the current funding rate. The fee is charged every eight hours, and it’s debited or credited to the trader’s account.

The Funding Rate is already stated on the screenshot, i.e. 0.0001%. The Position Value is calculated using the following formula:

Position Value=Quantity of Contract x Mark Price

For example:

Trader Bob holds a long position of 10 BTC contracts and the Mark Price is 16,000 USDT at the end of the funding interval with a Funding Rate of 0.0001%.

To calculate the Position Value:

Position Value= 10 x 16,000 = 160,000 USDT

Now we can calculate the Funding Fee:

Funding Fee= 160,000 x 0.0001% = 0.16 USDT

Since the Funding Rate is positive (i.e. 0.0001%), long position holders have to pay short position holders. So, Trader Bob must pay 0.16 USDT to a short position trader. Meanwhile, a short position holder with the same quantity of contracts (i.e. 10 BTC) will receive 0.16 USDT.

Funding Fees on Inverse Contracts

Here’s how to calculate the funding fees on Bybit inverse contracts using the below screenshot as an example. Since the funding rate is positive, long position holders need to pay a 0.01% funding rate to short position holders.

Bybit funding fees on inverse contracts (Source: Bybit)

The funding fee is calculated using the following formulas:

Funding Fee= Position Value x Funding Rate

The Funding Rate is already stated on the screenshot, i.e. 0.01%. The Position Value is calculated using the following formula:

Position Value=Quantity of Contract / Mark Price

For example:

Trader Tom holds a long position of 10,000 BTCUSD contracts and the Mark Price is 16,000 USD at the end of the funding interval with a Funding Rate of 0.01%.

To calculate the Position Value:

Position Value= 10,000 / 16,000 = 0.625 BTC

Now we can move on to calculate the Funding Fee:

Funding Fee= 0.625 x 0.01% = 0.0000625 BTC

Since the Funding Rate is positive (i.e. 0.01%), long position holders have to pay short position holders. So, Trader Tom must pay 0.0000625 BTC to a short position trader. Meanwhile, a short trader holding the same quantity of contracts (i.e. 10,000 BTCUSD contracts) will receive 0.0000625 BTC.

When does Bybit calculate its Funding Rates?

Bybit generally calculates its funding rates every 8 hours i.e. at 00:00 UTC, 08:00 UTC and 16:00 UTC. These are known as “funding intervals”. However, Bybit may adjust the interval depending on the live market situation. Particularly if there is a significant gap between the Last Traded Price and the Mark Price.

What are the Last Traded Price and the Mark Price on Bybit?

Bybit uses two prices to protect traders from market manipulation, also known as a Dual-price Mechanism. These are the Last Traded Price and the Mark Price. The Mark Price is used to decide when to liquidate a trader’s position and to measure their profits and losses. It is based on a global Spot price index plus a decaying funding basis rate. A trader’s position will only be liquidated if the Mark Price reaches their liquidation price. The Mark Price can be found at the bottom right-hand corner of the page.

The Mark Price can be found at the bottom right-hand corner of the page.

Bybit Mark Price as shown in yellow (Source: Bybit)

On the other hand, the Last Traded Price reflects Bybit’s current price and is always anchored to the spot price.

When do Bybit traders pay/receive the funding fee?

Traders will only pay or receive funding fees if they hold an open position at the end of every funding interval. As mentioned, this is generally at 00:00 UTC, 08:00 UTC and 16:00 UTC. However, Bybit warns users that opening/closing a position within 5 seconds before/after the funding interval does not guarantee they would be included or excluded from receiving or having to pay.

Bybit funding rate and countdown (Source: Bybit)

Users can see the current funding rate and when the next funding interval ends on Bybit. In the example above, the funding rate is negative. This means that short position holders will pay fees to long position holders at the end of the countdown.

The funding rate mechanism happens between traders, so Bybit doesn’t take any fees. If a user has to pay a funding fee, it is taken from their available balance. If they don’t have enough money in their balance, the fee is taken from their position margin. This can make the liquidation price of their position more likely to reach the mark price. This increases the risk of liquidation.

Bybit Funding Rate History

Bybit’s funding rate history is available here on the platform’s website. The history is crucial for traders who want to understand how the rates have changed over time and make informed trading decisions.

Mobile App

Bybit has a mobile app that you can download from Google Play or the Apple App Store. The app helps traders keep track of the latest rates and fees. It has a chart that shows the current funding rate for each contract on the platform.

Managing Bybit Funding Rates and Fees

Bybit funding rates and fees can affect how much money a trader makes. Traders need to manage these costs to make the most profit. Here are some tips on how to do that:
1. Watch the funding rates for the cryptocurrencies you trade. Look at the chart and past data to find patterns and make better decisions.
2. Be careful with your positions to lower your funding fees. Close positions before the funding interval if the rate is high or if you’re not sure about the position.
3. Bybit lets you trade with up to 100x leverage. This can make your profits or losses bigger. Use leverage carefully and don’t take on too much risk.
4. Make sure you have enough money in your account to pay the funding fees. Bybit will close your positions if you don’t have enough money to pay the fees.
How to profit with Bybit Funding Rates and Fees

Crypto funding rates are linked to the price trend of the asset. The spot market sets the rate. When the price of the cryptocurrency is going up, the rates will be higher. When crypto prices are rising, there are usually higher trading price premiums and rates. In these situations, traders who hold short positions on perpetual contracts and go long on the spot market can earn funding fees.

When crypto prices are falling, the trading price of perpetual contracts will be lower than the spot price. This will make funding rates go down. Traders who go long in the perpetual contracts market and hold short positions in the spot market during this time can receive funding fees.

On Bybit, you can check the historical and predicted rates here.

Conclusion

Bybit is a popular cryptocurrency trading platform that offers perpetual contracts on several cryptocurrencies. Traders need to understand the funding rates and fees associated with the platform to manage their costs effectively. By monitoring the rates, managing their positions, using leverage wisely, and keeping a sufficient balance, traders can maximize their profits on Bybit.

Sign up and get started today!

Frequently Asked Questions (FAQs)

What is Bybit funding rate?

Bybit funding rate is the interest rate that traders pay or receive for holding positions overnight. It is calculated based on the difference between the funding rate index and the last traded price of the contract. Bybit charges a funding fee every eight hours for holding positions overnight.

What are Bybit funding fees?

Bybit funding fees are the fees charged for holding positions overnight. The funding fees are calculated based on the position value and the funding rate. The funding fee is debited or credited to the trader’s account based on the position they hold.

How are Bybit funding rates and fees calculated?

Bybit funding rates and fees are calculated based on the position value and the funding rate. The funding rate is determined by the difference between the funding rate index and the last traded price of the contract. The funding fee is calculated using the following formula: Funding Fee = Position Value * Funding Rate.

What is Bybit funding rate chart?

It is a chart that shows the historical funding rates for each cryptocurrency offered on the platform. Traders can use the chart to analyze the funding rates and make better-informed trading decisions.

What are some tips for managing Bybit funding rates and fees?

Traders can manage Bybit funding rates and fees by monitoring the rates, managing their positions carefully, avoiding overexposure to the market, using leverage wisely, and ensuring that they have a sufficient balance in their account to cover the funding fees.

What is the funding fee Binance?

Binance also charges a funding fee for holding positions overnight. The funding fee on Binance is calculated using the same formula as Bybit. However, the rates and fees on Binance may differ from those on Bybit.
April 24, 2022