Bybit Options can involve three separate charges: a trading fee when an order fills, a delivery fee when an eligible option is exercised at expiry, and a liquidation fee if a short-options position is forcibly closed. For a VIP 0 account, Bybit’s current help pages list a 0.02% maker rate and 0.03% taker rate, but fee caps and account-specific VIP or regional rates can materially change the final charge. Check My Fee Rate, the contract specification and the order ticket before trading.
Verified on August 17, 2026. This guide uses Bybit’s current Options fee, fee-structure, Options FAQ, margin and risk-disclosure pages. Product access, rates and eligibility may change after that date.
Bybit Options fees at a glance
| Fee | When it applies | Current published base | Important cap or exception |
|---|---|---|---|
| Trading fee | When an Options order is filled, whether opening or closing | VIP 0 published rates: maker 0.02%; taker 0.03%. | The fee is capped relative to the option’s traded price. Current general cap: 7% of option traded price. |
| Delivery fee | When an eligible option is exercised and delivered at expiry | Published delivery rates — BTC/ETH: 0.015%; SOL/MNT/XRP/DOGE: 0.02%. | Capped at 12.5% of option value. Bybit says daily Options do not incur a delivery fee. |
| Liquidation fee | When insufficient margin causes a short Options position to be liquidated | Published liquidation rate: 0.2% | Capped at 7% of option price. |
These are not three names for the same cost. A trader can pay an opening trading fee and a closing trading fee without ever paying a delivery or liquidation fee. An option held to an eligible expiry may instead create a delivery fee. Liquidation fees arise from a margin failure and should be treated as a risk event, not a routine operating cost.
1. How the Bybit Options trading fee is calculated
Bybit publishes the following trading-fee logic:
Trading fee = min(fee rate × index price, 7% × option traded price) × option traded size
The lower of the rate-based amount and the premium-based cap is used. This matters because a low-priced option can hit the cap even when the percentage applied to the index price would otherwise produce a much larger fee.
Example A: a normal premium that does not hit the cap
- Index price: 60,000 USDT
- Option traded price: 1,200 USDT
- Position size in this example: 0.10 BTC
- VIP 0 maker rate: 0.02%
- VIP 0 taker rate: 0.03%
For a maker fill, the rate component is 60,000 × 0.02% = 12 USDT per BTC. The cap component is 1,200 × 7% = 84 USDT per BTC. The lower figure is 12, so the fee for 0.10 BTC is 1.20 USDT.
For a taker fill, the rate component is 60,000 × 0.03% = 18 USDT per BTC. The 84 USDT cap is still higher, so the fee for 0.10 BTC is 1.80 USDT.
Example B: a cheap option that hits the premium cap
Keep the same 60,000 USDT index price and 0.10 BTC size, but assume the option trades at only 50 USDT. Seven percent of the premium is 3.50 USDT per BTC. Because 3.50 is lower than the 12 USDT maker calculation, the capped maker fee is 0.35 USDT for 0.10 BTC.
The examples isolate the exchange fee. Your economic result can also be affected by the bid-ask spread, slippage, price movement and the option premium itself.
2. Maker and taker rates by VIP level
Bybit’s general fee-structure page currently lists the following Options trading rates. A maker order adds liquidity to the order book; a taker order removes it. Order type alone does not guarantee maker status: an immediately marketable limit order can execute as a taker.
| Account level | Published Options taker rate | Published Options maker rate |
|---|---|---|
| Account tier: VIP 0 | Published taker rate: 0.0300% | Published maker rate: 0.0200% |
| Account tier: VIP 1 | Published taker rate: 0.0200% | Published maker rate: 0.0150% |
| Account tier: VIP 2 | Published taker rate: 0.0200% | Published maker rate: 0.0150% |
| Account tier: VIP 3 | Published taker rate: 0.0200% | Published maker rate: 0.0150% |
| Account tier: VIP 4 | Published taker rate: 0.0180% | Published maker rate: 0.0150% |
| Account tier: VIP 5 | Published taker rate: 0.0150% | Published maker rate: 0.0100% |
| Account tier: Supreme VIP | Published taker rate: 0.0150% | Published maker rate: 0.0050% |
Bybit states that VIP levels are refreshed daily at 07:00 UTC and that subaccounts inherit the main account’s fee structure. It also warns that actual rates can vary by region. Treat the table as a reference, then confirm the rate shown on your logged-in My Fee Rate page after identity verification.
Qualifying Pro users may also have a lower premium-based fee cap. Bybit’s May 2026 update lists caps of 7% for Pro 1, 6% for Pro 2–4, and 4% for Pro 5–6. A lower cap is not the same as a lower percentage fee rate; it limits the fee when the option premium is small.
3. Delivery fees at expiry
Bybit Options are European-style and cash-settled, so exercise occurs at expiration rather than by manually taking delivery of the underlying coin. If an option expires out of the money, it has no exercise value and no delivery event. If it is exercised, the applicable delivery fee can be charged to the buyer and seller.
The current fee page lists a 0.015% delivery rate for BTC and ETH Options and 0.02% for SOL, MNT, XRP and DOGE Options. It also applies a cap equal to 12.5% of option value and says daily Options are exempt from the delivery fee.
Simplified delivery-fee example
Assume a 0.10 BTC option is exercised with a 70,000 USDT delivery price. Before the option-value cap, 70,000 × 0.015% × 0.10 equals 1.05 USDT. The final fee can be lower if the 12.5% option-value cap applies. Check the settlement record rather than assuming the uncapped number is final.
If you intend to close before expiry, include the expected closing trading fee and spread in your comparison. If you hold to expiry, compare the delivery fee and the option’s exercise value. The cheaper choice depends on liquidity, remaining time value and the actual fee preview.
4. Liquidation fees and short-options risk
Buying an option generally limits the buyer’s maximum loss to the premium and fees paid. Selling an option creates a margin obligation. If the account can no longer support that obligation, Bybit can liquidate the short position and charge a liquidation fee.
Bybit currently lists a 0.2% Options liquidation fee, capped at 7% of the option price. Using a 60,000 USDT index price, 1,200 USDT option price and 0.10 BTC size, the uncapped calculation would be 60,000 × 0.2% × 0.10 = 12 USDT. The premium-based cap is 1,200 × 7% × 0.10 = 8.40 USDT, so the capped fee in this isolated example would be 8.40 USDT.
The fee is only part of the damage. A liquidation crystallizes position losses, may occur during fast markets and can involve poor execution or insufficient liquidity. Bybit’s current Options setup supports Cross Margin or Portfolio Margin, not Isolated Margin. That means risk can interact with other supported positions and collateral in the account. Read the liquidation rules for your margin mode before selling options.
5. Settlement asset, margin mode and product availability
Bybit’s current fee and P&L help pages focus on USDT Options settled in USDT, while its broader Options introduction also describes USDT- and USDC-margined and settled contracts. The safest approach is to verify the exact contract’s settlement asset, margin requirement and availability in your own interface rather than applying one article to every instrument.
Access can depend on residence, verification status, the Bybit entity serving the account and local rules. Bybit has published service changes for some regions, including the European Economic Area. A visible contract or campaign in one country does not prove it is available in another.
6. A practical all-in cost checklist
- Confirm the contract: underlying asset, strike, expiry, call or put, settlement asset and contract size.
- Check your live fee tier: use the logged-in My Fee Rate page, not a screenshot or an old table.
- Estimate both fills: opening and closing orders can each create a trading fee.
- Apply the premium cap: compare the rate-based fee with the applicable percentage of option price.
- Plan the exit: compare closing before expiry with holding to an eligible delivery event.
- Model spread and slippage: exchange fees are not the full trading cost.
- Stress margin: option sellers should test volatility, price and collateral shocks under Cross or Portfolio Margin.
- Verify regional eligibility: KYC approval does not necessarily make every product available.
For a wider comparison of spot, perpetual and other exchange charges, use the Bybit fee guide and calculator. If you are still evaluating the account-opening flow, read the Bybit signup and referral-code checklist before entering personal information.
7. Using BYBITDC without assuming a fee claim
If you choose to create a Bybit account, you can open the official signup page using BYBITDC: check the Bybit signup screen with BYBITDC. Before proceeding, confirm that the code is displayed, then read the fee, campaign, product-access and regional-eligibility terms shown for your account.
A referral relationship does not prove a fixed Options discount, bonus or VIP rate. The controlling evidence is what Bybit displays for the eligible account and campaign at the time of registration and trading. Save the terms you actually accept and recheck My Fee Rate after the account is active.
Frequently asked questions
Does Bybit charge a funding fee on Options?
Options do not use the periodic funding mechanism associated with perpetual contracts. Their main exchange charges are trading, delivery and liquidation fees. Premium, spread, slippage and settlement outcomes still affect total cost.
Do both the buyer and seller pay a trading fee?
Each filled order is assessed according to the account’s maker or taker rate and the applicable cap. Buyers and sellers should each calculate the fees on their own fills.
Is there always a delivery fee at expiry?
No. Bybit says the delivery fee applies when an option is exercised, is capped relative to option value, and does not apply to daily Options. An out-of-the-money expiry has no exercise value. Verify the specific contract and settlement record.
Can a long option be liquidated?
The direct liquidation risk is primarily associated with short Options positions that require margin. Portfolio-level risk and account mechanics can be more complex, so traders should use Bybit’s current margin-mode and liquidation documentation for the exact account setup.
Why is my fee different from this table?
Your region, VIP level, account entity, campaign, product and fee-cap tier can change the amount. Bybit explicitly says actual fee rates may differ by region. The logged-in fee page and final order or settlement record take priority over this guide.
Official Bybit sources
- Options Trading: Fees Explained
- Trading Fee Structure
- How to Get Started with Options Trading on Bybit
- FAQ — Options Trading
- P&L Calculations — Options
- Options Trading Fee Update for Pro Users
- Individual Identity Verification
- Bybit Risk Disclosure Statement (PDF)
Source review date: August 17, 2026. Bybit can amend rates, caps, products and eligibility. Recheck the official pages and your account immediately before acting.
Affiliate disclosure: BYDITT is an independent educational and affiliate website, not Bybit.com. BYDITT may receive compensation from eligible registrations or trading through BYBITDC. That relationship does not change your fees automatically and does not replace checking your own account terms.
Risk disclosure: Options and leveraged crypto products are complex and can produce rapid losses. Short Options can create losses exceeding the premium received and may be liquidated. Market, liquidity, volatility, custody, counterparty, regulatory and technology risks remain. Nothing here is investment, legal or tax advice.
Official-source note: Bybit’s dedicated Options Fees page currently gives a 7% trading-fee cap, while a separate P&L example may still show 12.5%. This guide uses 7% for trading and 12.5% only for delivery; verify the live order screen.
