This post contains affiliate links. Benefit details were checked on 2026-11-07.
How much are you paying Bybit in fees every month? And can you get both a fee discount and cashback, or do you have to pick one?
Those are the two questions worth answering before you change anything. Fees are the one cost you pay on every trade, win or lose, so it helps to know where the savings come from and where they stop.
What are Bybit’s base fee rates?
These are the standard rates in the data I checked, taken from Bybit’s fee structure page:
| Market | Maker | Taker |
|---|---|---|
| Futures | 0.02% | 0.055% |
| Spot | 0.1% | 0.1% |
On futures, order type matters. The taker rate (0.055%) is more than double the maker rate (0.02%). A taker order removes liquidity from the order book, like a market order or a limit order that fills immediately. A maker order adds liquidity by resting on the book until someone fills it. If you trade futures often, your mix of maker and taker fills shapes your costs.
Spot works differently. Maker and taker are both 0.1%, so putting a limit order on the book won’t lower your fee percentage, though it can still affect the price you get.
The first thing to check in your own history is what share of your fills were maker and what share were taker. Your trade history or fee records on Bybit should show it.
What do the two referral benefits give you?
Bybit’s referral setup, using code 30638, lists two separate benefits: a 20% fee discount and 20% cashback. The cashback works on a weekly cycle. Every Monday, 20% of the trading fees you paid in the previous week is automatically credited in USDT.
Can you get both? The data lists both for this code, but it doesn’t spell out how the discount and the cashback combine on a given trade, so I won’t guess at an effective rate. Read the terms shown on the sign-up page, then compare your fee records against the Monday USDT deposits after your first full week of trading.
It also helps to be clear about what cashback is. It’s a partial refund of fees you’ve already paid, so you pay the fee first and get part of it back the following Monday. That lowers the cost of trading but doesn’t change the rate on each order. If you don’t trade, there’s nothing to refund.
Is there a welcome bonus?
New sign-ups may get a welcome bonus of up to $100. Bybit’s wording is that it’s subject to its new-user event terms, so the amount and conditions can differ from one person to the next. Treat “up to $100” as a ceiling and check the event terms in your account before you count on it. Bonuses like this often come with conditions, and Bybit’s own terms are the only place to confirm them.
What if I already have an account without a code?
If you signed up without a code, you may still have a way in. The data says a main account registered without a code can add an affiliate code within 14 days of sign-up. You do it through the “Join an Affiliate’s Community” option, and you need to enter an affiliate code, because regular user referral codes are not accepted. Be sure before you submit: once the code is added, it can’t be changed.
If your account is older than 14 days, this route isn’t available under the rules I checked. If you’re inside the window, confirm the current steps in your Bybit account, since menus and conditions can change.
How do I sign up with the code?
If you’re opening a new account, you can use this link:
Bybit sign-up (referral code 30638)
Or enter code 30638 during registration. It’s an affiliate link, so if you register through it, I may receive a commission. That doesn’t change what you pay, but you should know about it.
Before depositing anything, confirm on the sign-up page that the code is applied and the benefits shown match what’s described here.
How do other exchanges compare?
Here are the figures from the same data. OKX and Binance base maker/taker fees are not yet verified — check the official page:
| Exchange | Futures maker / taker | Spot maker / taker | Fee discount | Cashback |
|---|---|---|---|---|
| Bybit | 0.02% / 0.055% | 0.1% / 0.1% | 20% | 20% |
| OKX | 0.02% / 0.05% | 0.08% / 0.1% | 20% | 10% |
| Binance | 0.02% / 0.05% | 0.1% / 0.1% | 20% | 10% |
| Bitget | 0.02% / 0.06% | 0.1% / 0.1% | 30% | 20% |
I’m not ranking anyone here, but a few things stand out. Futures maker rates are identical at 0.02% across all four. Bybit’s futures taker rate (0.055%) sits between the 0.05% at OKX and Binance and the 0.06% at Bitget. Cashback is 20% at Bybit and Bitget and 10% at OKX and Binance, and Bitget lists the largest fee discount (30%) in this data.
Which one saves you more depends on what you trade, spot or futures, and on your maker/taker mix. A lower headline rate doesn’t help much if most of your volume is on a different market than the one you compared.
How can I check my own numbers?
You don’t need a spreadsheet, just a short routine. Start with your last month of fees, noting the totals for spot and futures separately. Then look at your maker/taker split on futures. If most fills are taker, the 0.055% rate is the one doing the damage.
After a full week with the code, compare Monday’s USDT credit against the fees you paid that week; the stated payout is 20% of the previous week’s fees. Read the welcome bonus terms in your account before treating the $100 as part of your plan. And re-check everything now and then, because rates and promotions change, and the Bybit figures here were checked on 2026-11-07.
Fee savings are real but modest compared to the swings in the market itself. They’re worth setting up once, but they shouldn’t be the reason you trade more often. More trades mean more fees paid, whatever the rebate.
FAQ
Can I use the Bybit referral code after I’ve already signed up?
Possibly. A main account registered without a code can add an affiliate code within 14 days of sign-up via “Join an Affiliate’s Community.” Regular user referral codes aren’t accepted, and the code can’t be changed once added.
When is the cashback paid?
According to the data, every Monday, 20% of the trading fees you paid in the previous week is automatically credited in USDT.
Is the $100 welcome bonus fixed?
No. It’s listed as “up to $100” and is subject to Bybit’s new-user event terms, so check your own account for what applies to you.
This is general information, not investment advice.