You can see the commission cost in the order confirmation pop-up window and the order area.

The commission cost refers to the total amount of margin required to open a certain position.

The commission cost is calculated by adding the initial margin plus the taker fee of the bilateral liquidity extractor for opening and closing positions.

The final actual transaction fee/rebate depends on (order type) how the order is executed (liquidity provider or liquidity extractor).

= Initial cost + margin commission fee + Open Open fee

Open Fee = (the number of contracts / price commission *) × liquidity fee rate taker

open handling = (the number of contracts / price calculated by the commission Bankruptcy price*) × liquidity extractor’s handling fee rate

Bankruptcy price (multiple orders) = (average entry price x leverage) / (leverage + 1)

Example: a

trader uses a leverage of 25 times (starting margin 4%), A limit order of 10,000 BTCUSD was submitted at 6,400 USD.

Initial margin = 10,000/6,400 x 4%

= 0.0625 BTC

Opening fee = (10,000/6,400) x 0.075% = 0.00117188 BTC

Bankruptcy price = 6,400 x 25/(25+1)

= 160,000/26

≈ 6,154 USD

Liquidation fee = (10,000/6,154 USD) x 0.075%

= 0.00121872 BTC

For more details about the bankruptcy price, please click this link.

Therefore, the commission cost of this position is:

= 0.0625 BTC (initial margin) + 0.00117188 BTC (opening fee) + 0.00121872 BTC (closing fee)

= 0.06489060 BTC

Traders can click on the “order confirmation window” and “Single area” to view the order cost required for the order.

The commission cost of the limit order is calculated using the commission price, while the commission cost of the market order is calculated using the market price obtained from the current market depth.

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