Bybit USDT Perpetual Fees & Execution Rules — weltiq Paper Trading Standard (v1)
Bybit USDT Perpetual paper-trading fees (maker 0.02% · taker 0.055%), known biases, and connection status.
Current Fee Schedule (Reality Profile bybit-linear v1)
| venue | maker | taker | sales tax | per contract | currency | profile |
|---|---|---|---|---|---|---|
| Bybit USDT Perpetual | 0.02% | 0.055% | 0% | - | USDT | v1 |
| Item | Value |
|---|---|
| Slippage model | spread×0.5 + 1bp |
| Tick / lot / min notional | 0.1 / 0.001 / 5 |
| Session | 24/7 |
| Shortable | Yes |
| Daily settlement | No |
Example — 10,000 USDT taker round-trip: 11.00 USDT
Known Biases in This Profile (conservative = cost overstated)
- non-VIP fee tier (taker 5.5bp), no discounts (conservative)
- funding settled from tickers markPrice/fundingRate stream
- short entry requires 100% of notional as own cash (short_margin_pct=1.0); real Reg T / SPAN / exchange-tier requirements are lower — short capital use overstated, conservative
- maintenance margin, margin calls and forced liquidation are not modeled — a position is never closed by the broker for collateral
- stock borrow fee / locate / short-sale price tests not modeled — venues where borrow is a real cost keep shortable=False instead of assuming a rate
- perpetual short collateral = 100% of notional in cash (no leverage tiers) — exchange initial-margin tiers allow far less; capital use overstated, conservative
Connection
- Broker: Bybit
- Status: Paper ✅ · Live connector in preparation
- Paper trading available immediately upon sign-up; live trading via your own exchange keys at Settings → Keys (weltiq does not redistribute keys)
Sources
- Exchange disclosure: https://www.bybit.com/en/help-center/article/Trading-Fee-Structure
- weltiq paper execution applies the same rules
Slippage, FX conversion, funding spread, and borrow interest are not in this table. Promotions and VIP discounts are not applied (conservative).