Bybit vs OKX: fees, cashback and which to choose
Bybit is the go-to exchange for derivatives and futures; OKX is an all-in-one exchange and Web3 ecosystem. We compare them on fees, available cashback and which trader profile each suits — plus how to recover part of your fees on both.
Quick comparison
| Bybit | OKX | |
|---|---|---|
| Cashback | 20% | 16% |
| Applies to | of your trading fees | of your trading fees |
| Countries | 7+ | 5+ |
| Best for | futures and derivatives traders who want market depth and fast execution | users who want a single platform for trading and DeFi/Web3 |
Fees
Bybit. Competitive futures fees (taker ~0.055%) with discounts via VIP tier and the platform token.
OKX. Competitive fees with volume discounts; combines exchange, Web3 wallet and structured products.
Available cashback
Bybit offers more cashback (20%) than OKX (16%), so you recover a larger share of every fee you pay. The gap matters most if you trade with volume.
Work out how much you'd recover for your volume with the cashback calculator.
Pros and cons
Pros
- Deep derivatives liquidity
- Fast execution and polished app
- Built-in copy trading
- 20% cashback via Omanero
Cons
- Not available to US residents
- Derivatives interface can intimidate beginners
Pros
- Complete ecosystem (exchange + Web3 wallet)
- Good derivatives liquidity
- Structured products
- 16% cashback via Omanero
Cons
- Learning curve due to feature breadth
- Availability varies by country
Best for each profile
Choose Bybit if you're futures and derivatives traders who want market depth and fast execution. Choose OKX if you're users who want a single platform for trading and DeFi/Web3.
Verdict
If your priority is recovering the most fees, Bybit leads with 20% cashback. If you value OKX's profile more, you still recover fees at 16%. Best of all: you don't have to choose — use both and earn cashback on each.
Recover fees on Bybit and OKX with verifiable payments.