Moon.com vs Bybit
Short version: Bybit is a full derivatives exchange: up to 100x on Bitcoin, low fees on the full position, funding every 8 hours and no cut of profits. Moon is a simpler product: up to 1000x, a 1% fee on your wager, a performance fee on winners and a hard cap on losses. Bybit suits active traders; Moon suits small, simple, capped-risk bets.
At a glance
| Moon.com | Bybit perpetuals | |
|---|---|---|
| Max leverage on BTC | Up to 1000x | Up to 100x (lowest risk tier) |
| Trading fees | 1% of wager to open; performance fee (min. 10%) on profit | 0.055% taker / 0.02% maker on full position, each side |
| Funding / holding | Possible holding fees per market specs | Funding usually every 8 hours (hourly on some contracts) |
| Max loss | Your wager | Your margin, or more in cross margin |
| Markets | Crypto, stocks, indices, gold, forex, 24/7 | Mostly crypto |
| Order types | Up/Down with Auto Profit / Auto Loss | Limit, market, conditional, TP/SL and more |
Bybit non-VIP rates. Moon data from its help center and fee calculator, November 2026.
The fee models, in plain terms
Bybit charges a small slice of the whole leveraged position on the way in and on the way out. At high leverage that adds up: $100 at 100x on Bybit is a $10,000 position, so a market order costs about $5.50 to open and about the same to close, around 11% of your $100, win or lose.
Moon charges 1% of what you put in ($1 on that same bet) and then takes a share of profit if you win. Its own fee calculator shows $83.42 kept from a $100 gross win at 100x on a 1% move. So Moon costs less on a losing bet, Bybit costs less on a winning one. The same logic as our Binance comparison.
Get 3.5% rakeback for life on Moon
Sign up with code 1000XGUIDE and get 3.5% rakeback for life.Risk: what can go wrong
On Moon the most you lose is the wager, full stop. On Bybit, isolated margin limits losses to the position's margin, but cross margin can draw on your wider balance, and maintenance margin rules mean liquidation can arrive a little before the margin is exhausted. Bybit gives you more control; Moon gives you fewer ways to get hurt.
Leverage
Moon's 1000x is a headline, not a tool. Even Bybit's 100x puts liquidation just 1% away on Bitcoin. Whatever platform you use, our rule-of-thumb guide on picking leverage matters more than the maximum on offer.
Markets
Bybit covers hundreds of crypto contracts. Moon covers fewer crypto markets but adds stocks like Apple, Tesla and NVIDIA, indices like the Nasdaq 100 and S&P 500, gold and forex, all open 24/7.
Availability
Bybit is blocked in the US and Canada, limited to spot in the UK, and moved EEA users to Bybit EU, which doesn't offer futures. Moon is blocked in the US, UK, Mexico, Australia, Ontario and most of Western Europe. In practice the two overlap in many of the same regions. Check the Moon list.
Which to use
- Bybit for active crypto trading with proper order types, where low fees on winners add up.
- Moon for quick, capped-risk bets, including on stocks and gold after hours, sized small.
Ready to try Moon?
Sign up with code 1000XGUIDE and get 3.5% rakeback for life.