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    FAQ — Bybit API Broker Program 
    bybit2024-10-22 06:06:43

    What is the Bybit Broker Program?

    Bybit Broker Program helps you level up your trades. From there, you can reap competitive rebates, get customized technical support and more.

    The supported products are as follows:

    • Spot

    • Inverse Futures

    • USDT Perpetual

    • Inverse Perpetual

    • USDC Perpetual 

    • USDC Options




    Who is eligible?

    You can earn competitive rebates via the Bybit Broker Program as long as your platform covers any of the following businesses, including but not limited to:

    • Trading Platform

    • Trading Strategies 

    • Trading Bots

    • Asset Management

    • Social Trading




    How do I apply?

    Please fill out the application form and our dedicated manager will reach out to you within 48 hours to discuss the onboarding process. For more information , please email institutional_services@bybit.com.




    What is the tier structure of the Bybit API Broker Program?

    You can get competitive rebates based not only on your trading volume, but also the number of new users acquired. Please refer to the following details

     

    API Broker Level

    Level 1

    Level 2

    Level 3

    Net Fee Rebate = Taker fee - Maker rebate

    Non-Affiliated

    Affiliated

    Non-Affiliated

    Affiliated

    Non-Affiliated

    Affiliated

    Range of Net Fee rebate Allowed

    VIP 0 ~ VIP 99 &Pro 1 ~ Pro 3

    30%

    3%

    40%

    5%

    50%

    10%

    Trading Volume

    Requirement

    (OR)

    Spot

    2M

    5M

    10M

    Derivatives

    10M

    100M

    500M

     

    Note: If a user registered under an affiliate trades through the broker programme, the maximum rebate earned from the affiliate programme will be capped at 45%: 

    • For taker orders (when the opposite maker has positive fee rate): taker fee* X% 

    • For taker orders (when the opposite maker is a top Market Maker and enjoys negative fee rate) : (taker fee - maker fee)*X% 

    • For maker orders: Maker fee * X%




    How much rebate can I get?

    You can get up to 45% of the rebate, depending on the tier you’re in and the product you’re trading.​



    How does Bybit Broker work?

    • Each API broker must sign up for an account on Bybit. This account will be used to receive rebates and access to the Broker dashboard.

    • API broker will be given a unique Broker ID after providing Bybit account UID.

    • Each API broker is responsible for sending every order request - with a Broker ID attached - to Bybit. Do notify Bybit broker team after sending test orders for each product.

    • Bybit will calculate the trading volume based on the Broker ID, and process rebates thereafter.




    How can I place an order?

    Please use Bybit OpenAPI V5 https://bybit-exchange.github.io/docs/v5/intro. You can place orders with your Broker ID. Some API documents are listed below for your reference:

     

    • Endpoints

     

    API

    Orders

    Spot

    POST /v5/order/create

    POST /v5/order/create-batch

    USDT Perpetual

    Inverse Perpetual

    Inverse Futures

    USDC option

    USDC Perpetual

     

    Notes:

    Added new parameter "referer"

    Assume your Broker ID is "api.Abc" when placing orders. Order request should include "&referer=api.Abc&"

     

    You can place your order via the testnet first. Please note that brokers must notify the Bybit broker support team after making any modifications. Bybit will verify the API module.




    Where can I view Bybit API documentation?

    View more API documentations here.




    How to whitelist an IP address and register a Bybit account?

    Brokers can choose whether to whitelist their IP addresses by providing the Bybit Broker supporting team with a list of IP addresses. Alternatively, users can create an API key that is not restricted by IP. However, this key is only available on the broker's platform.

     

    After whitelisting your IP address(es), brokers can call a quick registration API endpoint to help users create Bybit accounts in one click. Please note that new accounts require KYC verification.

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