Compare Bybit and Binance using the same product, fee tier and maker/taker mix. A token-payment setting or regional tariff can change the result; a universal winner is unsupported. Before registering, use the Bybit referral code guide to check where to apply the code and which account conditions apply.
What changes the answer
Open each exchange’s official fee schedule and your account’s own fee page. Record the legal entity or region, product, pair, maker/taker rate, VIP tier and any token-payment setting. Binance’s public schedule separates standard and BNB-payment columns; do not silently compare one with a different basis on Bybit.
Run the same executed volume and maker mix through both account tariffs. If a rate changes during the period, split the calculation. Evaluate funding and execution costs separately and check whether any cashback relationship actually applies before subtracting a rebate.
This guide provides a comparison method, not fresh personal Bybit or Binance tariff quotes. The four-active-exchange benchmark has its own stated coverage; it must not be presented as including Binance when Binance is absent from that dataset. Availability and service support are separate checks.
Calculate the cost on the same basis
Compare the same product, pair, country, VIP tier and execution assumptions. Trading volume counts executed buys and sells; do not double it again if both sides are already included. Fee cashback covers approved eligible trading fees, not funding, spread, slippage, liquidation, borrowing or withdrawal costs. An estimate is not a payment or a guarantee of eligibility.
Calculate your cashback