Bybit Extends Short-Dated Options Fee Discount Through November 30

Bybit has extended its reduced trading fee cap for short-dated options through November 30, 2026. The arrangement covers contracts with three days or less remaining until maturity, according to the exchange’s November 2 announcement.

The maximum fee remains 6% of the options premium, compared with the previous 7% cap. Eligible account categories include regular, VIP, Pro and institutional traders. The announcement lists contracts referencing BTC, ETH, SOL, XAUT, HYPE, XRP, MNT and DOGE.

The distinction between a fee rate and a fee cap explains the advertised saving. Moving from 7% to 6% represents a reduction of one percentage point. Relative to the previous ceiling, that is approximately 14.3%, which underlies Bybit’s stated saving of up to 14%. The actual difference depends on the individual transaction.

Under the formula, the exchange takes the lower of two amounts: the maker or taker rate multiplied by the index price, or 6% of the options premium. It then multiplies that amount by the contract quantity.

For illustration, a hypothetical premium of $100 would produce an old cap of $7 per contract unit and a new cap of $6. If the rate-based calculation produces a $4 fee, the charge stays at $4 because both ceilings exceed that amount. If the rate-based calculation produces $8, the cap reduces the charge from the previous $7 to $6. These figures illustrate the arithmetic rather than prices for a particular listed instrument.

The practical effect therefore depends on whether the premium-based ceiling limits the transaction fee. Estimating costs requires the premium, index price, applicable rate and position size; the headline discount alone does not establish the amount saved on an order.

The extension concerns this category of options. Its terms do not describe a reduction in spot or perpetual contract fees. Bybit also states that product and service availability may vary by region.