Bybit vs Binance: Which Has Lower Fees in 2026?
Bybit vs Binance fees, compared on spot, futures, VIP tiers and the BNB discount, then the net rate after cashback. Short version: the gap is smaller than the headlines suggest.
- On spot trading, Bybit and Binance are identical: 0.10% maker and 0.10% taker at the base tier.
- On futures, Binance is marginally cheaper at the base tier, 0.05% taker versus Bybit's 0.055%. Maker is 0.02% on both.
- Binance adds a BNB fee discount, 25% off spot and 10% off futures. Bybit's reductions come through VIP tiers and maker rebates.
- Trade Reclaim cashback returns 30% of the fees you pay on either, and for most traders that is a bigger lever than the gap between them.
- Compare the net rate after your discounts, not the headline. Bybit reaches VIP 1 at $10M of 30 day volume, Binance at $15M.
The headline taker rate is not what you actually pay. Trade futures actively and the fees compound into thousands a year, which makes the difference between Bybit and Binance smaller than it looks next to the bill itself. The number that counts is what you pay after the discounts you can stack on either one.
How Bybit and Binance fees compare
On spot trading, Bybit and Binance charge the same. On futures, Binance is a touch cheaper at the base tier, and both let you stack discounts on top. The table has the full breakdown. The teal row is the futures taker after cashback, the rate that actually reaches your account.
| Fee | Bybit | Binance |
|---|---|---|
| Spot maker / taker | 0.10% / 0.10% | 0.10% / 0.10% |
| Futures maker / taker | 0.02% / 0.055% | 0.02% / 0.05% |
| Futures taker after 30% cashback | 0.0385% | 0.035% |
| Pay-with-token discount | None | BNB: 25% spot, 10% futures |
| VIP 1 futures taker | 0.04% at $10M | 0.04% at $15M |
Spot trading fees
On spot trading, the two are identical at the base tier: 0.10% maker and 0.10% taker. Both rates fall as your 30 day volume climbs the VIP ladder, and Binance shaves another 25% off spot fees if you pay them in BNB. For most traders spot fees are a wash between the two.
Futures trading fees
On USDT perpetual futures, Binance is marginally cheaper at the base tier: 0.05% taker versus Bybit's 0.055%. Maker is 0.02% on both. For takers that 0.005 point gap is real but small, a dollar on every $20,000 of volume. Makers pay the same on either. Higher up the two ladders converge: both reach 0.032% taker at the top VIP tier. So Binance wins on base futures, but the lead shrinks to nothing as you climb.
Token discounts and VIP tiers
Binance adds a lever Bybit does not: the BNB discount, 25% off spot and 10% off futures when you pay fees in BNB. Bybit's reductions come through its VIP tiers and maker rebates instead. Three levers stack, and the order that matters for most traders is cashback first, because it needs no volume and no token. Then the token discount where it applies, BNB on Binance. Then your VIP tier as 30 day volume grows. Bybit reaches VIP 1 at $10M of 30 day volume, Binance at $15M, so Bybit's ladder rewards mid-volume traders a little sooner.
The net rate after cashback
Cashback is the lever that applies on both, and for most traders it is the biggest one. It returns 30% of every fee you pay, in USDT, on Bybit and Binance alike. Take $500,000 of futures volume in a month: at Bybit's 0.055% taker that is $275 in fees, at Binance's 0.05% it is $250. Cashback hands 30% back, $82.50 and $75. The gap between the two exchanges is $25; the cashback is three times that, on either venue. Run your own volume through the calculator to see the number for how you trade.
So which is actually cheaper?
For most traders the honest answer is that the fees are close enough that they should not be the deciding factor. Binance edges Bybit on base futures taker and adds the BNB discount, while Bybit keeps it simpler and reaches VIP 1 at a lower volume, and at the top tiers the rates converge anyway. So pick on what actually differs: liquidity and product range, where Binance leads, against Bybit's cleaner derivatives platform, plus whatever is available in your region. Cashback returns 30% of your fees on either, so it narrows the gap further wherever you land.
See the current rates and setup on the Bybit and Binance cashback pages.
See your real rate on Bybit and Binance
Enter your exchange and monthly volume, and the calculator shows your fees versus what cashback hands back, on either venue. No signup needed to see the number.
Frequently asked questions
Is Bybit cheaper than Binance?
At the base tier Binance is marginally cheaper on futures, 0.05% taker versus Bybit's 0.055%, and identical on spot at 0.10%. The difference is small, and Trade Reclaim cashback returns 30% of your fees on either, which for most traders matters more than the gap.
Are Bybit and Binance spot fees the same?
Yes. Both charge 0.10% maker and 0.10% taker at the base tier, dropping as your VIP volume rises. Binance also takes 25% off spot fees when you pay them in BNB.
Does Binance have lower futures fees than Bybit?
At the base tier, slightly: 0.05% taker versus Bybit's 0.055%, with 0.02% maker on both. The VIP ladders converge to 0.032% taker at the top tier.
Can I get cashback on both Bybit and Binance?
Yes. Trade Reclaim returns 30% of the trading fees you pay on each, in USDT, without changing how you trade. Only your public UID links you to it, with no access to your account.
What is the BNB fee discount?
Binance lets you pay trading fees in BNB for 25% off spot and 10% off futures. It stacks with your VIP tier, and cashback applies on top of the discounted fee.
Do VIP tiers make a difference at my volume?
Most traders sit at the base tier until 30 day volume reaches the VIP 1 threshold: $10M on Bybit, $15M on Binance. Below that, cashback is the main lever.
Trade Reclaim Research tracks fee schedules, VIP tiers and token discounts across all 10 partner exchanges. Every number is checked against the exchange's official fee schedule before it goes live, and re-checked when an exchange changes its terms. The goal is simple: show traders their real net cost, not the headline rate.
Trade Reclaim earns from exchange referrals and shares most of it back to you as cashback. Education, not financial advice.