On Bybit Indonesia’s Spot markets, there are three types of transaction fees charged to your buy or sell order. These are the Spot trading fee, CFX fee, and Tax fee.
Below is a detailed explanation for each fee, and how you can calculate the net quantity for your Spot order.
Spot Trading Fees
Traders can be classified as market takers or market makers. For every executed order, trading fees are incurred.
- Market takers are traders who seek liquidity and take liquidity off the book immediately. They are charged a taker fee.
- Market makers, who provide liquidity and increase the market depth of the order book, are charged a maker fee.
- Traders can view their incurred trading fees from their trading history.
Spot Trading Fee Rates
The table below shows the trading fee rates you’ll be charged when you trade Spot markets on Bybit Indonesia and is applicable to Non-VIP users. For more information on the VIP rates, please refer to the Trading Fee Structure.
Notes:
— The trading fee unit charged is based on the purchased cryptocurrency.
— There is no trading fee for unfilled parts of orders and cancelled orders.
The CFX and Tax Fees
In addition to Spot trading fee, every buy or sell order on Bybit Indonesia incurs a CFX fee plus Tax fee. These additional fees are charged at a flat rate on the proceeds of the transaction, regardless of the user’s VIP or PRO tier. However, the fee rates are structured differently for Crypto-Crypto pairs and Crypto-Fiat pairs.
Please refer to the tables below for more information on the non-VIP user’s final fee rates:
VIP and PRO level users are entitled to better trading fee rates. For more information, please refer to the following articles:
Formula for Spot Trading
To calculate the total fee that will be incurred in your buy or sell order, please refer to the following formula:
All-Inclusive Trading Fee = Filled Order Quantity x (Trading Fee Rate + CFX Fee + Applicable Tax Fee)
Once you have determined the total fee amount of your order, you can calculate the net quantity of your order with the formula below:
- Net Quantity of the Buy/Sell Order = Filled Quantity – All-Inclusive Trading Fee
Example
Let’s suppose:
- Spot Trading Fee for Taker Order: 0.08%
- Spot Trading Fee for Maker Order: 0.0675%
- Last Traded Price for BTC/USDT: $40,000
For Taker Order
Trader A buys 0.5 BTC with USDT using a Market Order. He will be charged a taker fee rate as the market order will be executed immediately and take liquidity from the order book.
Total Trading Fee
0.5 x (0.0800% + 0.0200% + 0.2100%) = 0.00155 BTC
As he is buying BTC, the trading fee will be incurred in BTC and deducted from the BTC amount he will receive in his account.
Net Quantity
Once the order is executed, he will receive 0.49845 BTC (0.5 - 0.00155) in his account.
For Maker Order
Trader B sells BTC with an order value of 20,000 USDT using a Limit Order and sets the Order Price at $41,000. Once the order is submitted, it will be placed in the order book, waiting for execution. As soon as the Last Traded Price reaches $41,000, the order will be executed. As the order was placed in the order book first, Trader B will be a Market Maker and the maker fee rate will be applied to this order:
Total Trading Fee
20,000 × (0.0675% + 0.0200% + 0.2100%) = 59.5 USDT
As he is buying USDT, the trading fee will be incurred in USDT and deducted from the USDT amount he will receive in his account.
Net Quantity
Once the order is executed, he will receive 19,940.5 USDT (20,000 - 59.5) in his account.
Disclaimer:
The trading fees used in the examples are given for illustrative purposes only. To view the trading fee rates applicable to your account, please visit your My Fee Rates page.