Bybit vs. Flipster: Which Crypto Exchange Offers the Lower Fees for Crypto Futures and Spot Trading?

When it comes to trading crypto, minimizing fees is essential to maximizing returns. Whether you're an active trader or a long-term investor, minimizing trading costs can significantly improve your profitability over time. Two prominent exchanges—Flipster and Bybit—offer access to futures and spot markets, but how do their trading fees compare?

In this article, we’ll break down the fee structures of both platforms to help you decide where you can save more on every trade, including futures and spot products. We'll also explore hidden costs, such as withdrawal fees, that many traders overlook.

Quick Comparison: Bybit vs Flipster Fee Summary

Flipster Fee Structure

Flipster offers one of the most competitive fee structures in the entire crypto market. Both spot and perpetual futures trades come with one of the lowest fees in the market, meaning traders can enter and exit positions without worrying about high hidden costs eating into their gains.

Key Highlights:

• One of the lowest fees in the market for both spot and futures trades

• Ultra-low spreads and slippage, even during volatile periods

• Charges withdrawal fees but occasionally offers fee-free stablecoin withdrawals via supported blockchains (e.g., USDT on BNB Chain)

This model is particularly beneficial for active traders, scalpers, and high-frequency traders, where cost efficiency is paramount.

Bybit Fee Structure

Bybit is known for its robust futures platform and deep liquidity, especially in BTC and ETH contracts. However, Bybit charges higher fees compared to Flipster on both spot and futures trades. 

Key Highlights:

• Competitive futures trading fees in the market 

• Provides deep liquidity across major trading pairs

• Offers trading fee rebates through its VIP program; however, eligibility requirements can be restrictive

While these fees are competitive compared to some major exchanges, they accumulate quickly, especially if you are trading frequently or using high leverage.

Real-World Example: 7-Day Trading Cost Comparison

Let’s assume a user trades 50,000 USDT in weekly volume for Bitcoin (BTC) perpetual futures trading using market (taker) orders.

Source: Flipster’s Cost Comparison tool (as of 4th July 2025).

Result: Flipster helps the trader save $20 per week, which translates to $1,040 annually, just by switching platforms.

About the Fee Methodology

This comparison is based on Flipster’s transparent cost model, which evaluates total trading cost, including not only fees but also spread and price slippage. The methodology:

• Simulates buy and sell execution for a given trade size on each exchange

• Calculates bid-ask spread by comparing taker order prices to the mid-market rate

• Incorporates platform-specific trading fees (e.g., 0.01%) based on assumed user tiers

• Computes the total spread using the average of absolute slippage from both sides

Example: If the mid-price of BTC/USDT is $23,000 and a user places $100,000 worth of taker orders:

• Buy executes at $23,010, sell at $22,980

• The effective spread paid = $65.22

• [(Buy Slippage + Sell Slippage) / 2] × Trade Size = Cost Impact

This methodology provides a more accurate picture of true trading costs than fee tables alone, especially for active traders using market orders.

Flipster VIP Program vs. Bybit VIP Program

Flipster VIP

• 0.001% trading rebates on your weekly trading volume

• 2,000 USDT daily prize pool

• +1% extra APR on your USDT, BTC, and ETH wallet balance in addition to Flipster’s Earn Campaign

Bybit VIP

• Trading fee rebates starting at 0.002%

• VIP welcome gift and birthday gift

• Benefits vary and are often gated behind tiered structures and higher thresholds

For traders seeking ongoing rewards without the need for high-volume thresholds or complex requirements, Flipster’s VIP program delivers immediate value. 

Final Verdict: Bybit or Flipster?

While Bybit remains a strong player in crypto derivatives, Flipster leads when it comes to cost savings, ease of access, and built-in rewards. With one of the lowest trading fees, straightforward VIP requirements, and rewards such as trading rebates and APR boosts, Flipster offers a more cost-effective and rewarding trading experience. For those who prioritize performance, savings, and simplicity, Flipster presents a powerful alternative.

Sign up now and start trading futures and spot on Flipster—where every trade puts more value back in your hands.

Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.