Bybit vs Phemex Trading Fees
Bybit and Phemex trading fee comparison — maker/taker rates, zero-fee spot membership, leverage limits, and what makes each platform stand out.
Bybit
Advantages
- Lower futures taker fee: 0.055% vs 0.060%
- Better liquidity on major pairs
- BYB token discount (10%)
- More established brand
Disadvantages
- Higher futures maker fee: 0.020% vs 0.010%
- No zero-fee spot trading option
Phemex
Advantages
- Lower futures maker fee: 0.010% vs 0.020% — advantage for limit-order traders
- Zero spot trading fees with premium membership
Disadvantages
- Higher futures taker fee: 0.060% vs 0.055%
- No exchange token discount
- Lower liquidity on major pairs
Fee Reference
FeatureBybitPhemex
Futures maker fee0.020%0.010%
Futures taker fee0.055%0.060%
Spot maker fee0.100%0.100% (0% with premium)
Spot taker fee0.100%0.100% (0% with premium)
Zero spot trading availableNoYes (paid premium plan)
Exchange token discountBYB (10%)None
Max futures leverage100×100×
BTC futures liquidityExcellentModerate
Platform maturityTop tierMid tier