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    Spot Margin Trading: Fees Explained
    bybit2024-11-12 22:08:35

    There are three types of fees that can be incurred when Margin trading: Spot trading fee, interest and liquidation fee. 

     

     

    Spot Trading Fee

     

    *Spot zero trading fee event period: Sep. 6, 2022, 10AM UTC until further notice

     

    Trading fees are charged when buying or selling leveraged positions on the Spot market. The fee structure is the same as for Spot trading.

     

    Formula

    Trading Fee = Filled Order Quantity × Spot Trading Fee Rate

     

    Please note that makers and takers who are non-VIP users pay a trading fee of 0.1% in the Spot market. The higher your tier, the lower the fee rates you're entitled to. 

    To learn more about Spot trading fees, please refer to the following articles:

    1. Trading Fee Structure

    2. Bybit Spot Fees Explained

     

     

    Interest

    The interest incurred while Margin Trading is generated on an hourly basis. You can repay the loan at any time and pay interest for the actual borrowing hours. Please note that an increment of one hour will be counted as one hour. 

     

    Formula 

    Interest = Amount to Borrow × Daily Interest Rate/24 × Hours

    Example

    Suppose Trader A borrows 10,000 USDT at 8:05 AM UTC and repays at 10AM UTC. 

    Daily Interest Rate: 0.02%

    Hourly Interest Rate: 0.02%/24

     

    Trader A needs to pay interest of 0.167 USDT based on the following calculation:

    Interest = 10,000 × 0.02%/24 × 2 

    Please note that interest rates vary daily. In addition, each VIP level will enjoy different daily and yearly interest rates. You can refer to the daily interest rate, yearly interest rate and maximum amount to borrow for each coin here

    image2.png

    Notes:

    — Interest will be generated immediately after you've successfully borrowed funds. It will be incurred regardless of whether the order has been filled. 

    — Interest will only be deducted from your Spot Account when you manually repay or the position is liquidated.

    — Please complete the repayment in time after closing the position to avoid long-term unpaid interest in your Spot Account which may increase the risk level of your Spot Account.

     

     

     

    Liquidation Fee

     

    When Spot Margin Trading, liquidation fees will be charged and injected into the margin insurance fund pool.

    In an event where your account goes bankrupt, i.e., when you are liquidated, you have insufficient margin assets in your Spot Account to repay the debt. The platform will use the margin insurance fund to cover your outstanding balance.

     

    Liquidation Fee Rate

    Margin Trading

    2%

     

     

    Calculation

    Formula

    Liquidation Fee = Liquidated assets × Liquidation Fee Rate 

     

    Example

    image1.png

    Take the example above, liquidation has been triggered and the liquidated value is 93.8069873440 USDT. The calculation is as follows:

    Liquidated asset = 93.8069873440 / (1+0.2) = 91.96763465 USDT

    Liquidation fee = 91.96763465 x 0.02 = 1.8393526930 USDT








     

    Coin

    Collateral Assets

    Initial LTV

    Margin Call LTV

    Liquidation LTV

    Loanable Assets

    Hourly Interest Rate

    Daily Interest Rate

    Minimum Single Loan Amount

    Maximum Single Loan Amount

    AAVE

    70%

    85%

    95%

    0.001192%

    0.028608%

    0.24

    15.00

    ADA

    75%

    85%

    95%

    0.000787%

    0.018892%

    50.00

    14,000.00

    ALGO

    70%

    85%

    95%

    0.001019%

    0.024456%

    52.49

    1,370.00

    APE

    75%

    85%

    95%

    0.000999%

    0.023976%

    4.54

    84.00

    APT

    75%

    85%

    95%

    N/A

    ATOM

    75%

    85%

    95%

    0.003023%

    0.072552%

    1.46

    101.60

    AVAX

    75%

    85%

    95%

    0.001257%

    0.030168%

    1.09

    118.60

    AXS

    70%

    85%

    95%

    0.004892%

    0.117408%

    2.25

    17.00

    BIT

    75%

    85%

    95%

    N/A

    BNB

    75%

    85%

    95%

    0.005807%

    0.139368%

    0.06

    9.50

    BTC

    75%

    85%

    95%

    0.000198%

    0.004753%

    0.00

    9.30

    BUSD

    75%

    85%

    95%

    0.000446%

    0.010704%

    20.00

    980.00

    CHZ

    70%

    85%

    95%

    0.002500%

    0.060000%

    82.57

    160.00

    DOGE

    75%

    85%

    95%

    0.000356%

    0.008544%

    151.50

    3,144.00

    DOT

    75%

    85%

    95%

    0.000768%

    0.018444%

    3.50

    600.00

    DYDX

    65%

    85%

    95%

    0.002979%

    0.071496%

    12.38

    300.00

    ENS

    70%

    85%

    95%

    0.000513%

    0.012312%

    1.18

    20.00

    EOS

    75%

    85%

    95%

    0.000427%

    0.010258%

    17.70

    10,160.00

    ETC

    75%

    85%

    95%

    0.001114%

    0.026736%

    0.82

    45.00

    ETH

    75%

    85%

    95%

    0.000358%

    0.008597%

    0.02

    17.00

    FIL

    70%

    85%

    95%

    0.000727%

    0.017448%

    3.39

    80.00

    GALA

    N/A

    0.000581%

    0.013944%

    505.05

    5,000.00

    GMT

    70%

    85%

    95%

    0.002265%

    0.054360%

    39.54

    968.00

    ICP

    65%

    85%

    95%

    0.000367%

    0.008808%

    3.66

    100.00

    LINK

    75%

    85%

    95%

    0.000371%

    0.008893%

    3.00

    1,328.00

    LTC

    75%

    85%

    95%

    0.000735%

    0.017644%

    0.40

    176.00

    MANA

    75%

    85%

    95%

    0.000506%

    0.012155%

    30.00

    4,000.00

    MATIC

    75%

    85%

    95%

    0.000463%

    0.011112%

    21.15

    1,883.00

    NEAR

    70%

    85%

    95%

    0.000981%

    0.023544%

    6.56

    998.00

    OP

    60%

    85%

    95%

    0.000367%

    0.008808%

    18.09

    494.00

    QNT

    65%

    85%

    95%

    0.000750%

    0.018000%

    0.13

    16.00

    SAND

    75%

    85%

    95%

    0.000701%

    0.016824%

    24.22

    988.00

    SHIB

    70%

    85%

    95%

    0.000224%

    0.005376%

    80,000.00

    200,000.00

    SOL

    75%

    85%

    95%

    0.000696%

    0.016707%

    0.70

    536.00

    SUSHI

    60%

    85%

    95%

    0.000356%

    0.008544%

    11.20

    92.00

    TRX

    75%

    85%

    95%

    0.002459%

    0.059016%

    323.57

    1,617.86

    UNI

    70%

    85%

    95%

    0.000356%

    0.008544%

    2.81

    49.00

    USDC

    75%

    85%

    95%

    0.000976%

    0.023433%

    20.00

    80,000.00

    USDT

    75%

    85%

    95%

    0.000668%

    0.016026%

    20.00

    400,000.00

    XLM

    75%

    85%

    95%

    0.000375%

    0.009000%

    160.00

    81,600.00

    XRP

    75%

    85%

    95%

    0.000973%

    0.023351%

    40.00

    66,880.00 

     

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