Compared with the common KOL referral codes that pay only 20% or 25%, binding through Quant Nova gets you 60%–70% back on Gate and 30%–40% on Bybit: Gate's top rate is 3.5× a 20% code and Bybit's is 2×. In money terms, on 1,000 USDT of monthly fees a typical 20% code returns 200 USDT, Bybit returns 300–400 USDT and Gate 600–700 USDT. Head to head, on fees alone Gate wins at every tier: Bybit's 0.055% futures taker fee minus its top 40% rebate nets 0.033%; Gate's 0.05% minus its top 70% nets just 0.015%, a 2.2× gap. Bybit's case lies elsewhere: its tokenized US stock perpetuals mostly trade more volume than Gate's, its Earn income is also shared back, and it lets you add a referral code within 14 days of signing up. Below we go through it all, then finish with a verdict by scenario.
Quick verdict
- Listed fees are almost identical: spot is 0.10%/0.10% on both and futures maker is 0.02% on both. The only difference is futures taker: Bybit 0.055%, Gate 0.05%. After the rebate, the net futures taker rate goes as low as 0.033% on Bybit and 0.015% on Gate.
- More than double what common codes pay: bound through Quant Nova, Gate totals 60%–70%, 3–3.5× a typical 20% code; Bybit pays 30%–40%, up to 2× a 20% code.
- On 1,000 USDT of monthly fees, a typical 20% code returns 200 USDT; through Quant Nova, Bybit returns up to 400 USDT and Gate up to 700 USDT.
- Tokenized US stock perps: Gate lists more (183 vs 171) and costs less net, but measured volume in CL, MSTR, TSLA and AAPL is higher on Bybit.
- Different referral codes: Bybit uses NOVA888, Gate uses QUANTXXX. Only Bybit has a window to add a code after signup (14 days); existing Gate users re-register with a new email.
Listed fees: Bybit is only pricier on futures taker
A fee rebate is a percentage of your fees, so start with the baseline. These are the standard (VIP 0) listed rates on both exchanges:
| Item | Bybit | Gate |
|---|---|---|
| Spot maker/taker | 0.10%/0.10% | 0.10%/0.10% |
| USDT-M futures maker | 0.02% | 0.02% |
| USDT-M futures taker | 0.055% | 0.05% |
| Platform-token discount | None | GT pays spot fees at 0.09% (about 10% off) |
Fees verified on 2026-09-24 (each exchange's official fee schedule).
On paper the two differ by 0.005 percentage points on futures taker only: on 1 million USDT of futures taker volume, Bybit charges 550 USDT and Gate 500 USDT, a 50 USDT gap. That gap is small; what really separates them is the rebate. Always check the latest official rates: Bybit official fee schedule and Gate official fee announcement.
One more detail is the taker-to-maker ratio: 2.75× on Bybit (0.055 ÷ 0.02) and 2.5× on Gate (0.05 ÷ 0.02). If you mostly post limit orders, the listed rates on both are exactly the same.
Rebate rates: what each pays through Quant Nova
Both rebates are tier-based: the higher your tier, the higher the rate. Settlement differs: on Bybit, Quant Nova settles the whole rebate by tier; on Gate, 20% is refunded automatically by the exchange and Quant Nova adds an extra rebate by tier.
| When bound through Quant Nova | Bybit | Gate |
|---|---|---|
| How it is settled | Quant Nova settles the whole rebate by tier | 20% refunded by Gate + 40%–50% from Quant Nova by tier |
| Top tier vs a common 20% code | 2× (40% ÷ 20%) | 3.5× (70% ÷ 20%) |
| Lv.1 total (no threshold) | 30% | 60% |
| SVIP total (highest tier reachable by trading) | 35% | 65% |
| Supernova total (invitation only) | 40% | 70% (spot up to 65%) |
| Where the rebate lands | All in your Quant Nova balance | 20% in your Gate account, the extra rebate in your Quant Nova balance |
Most KOL codes you can find online pay only 20% or 25%, and some are set to 0%. On the same fees: Bybit's Lv.1 30% is 1.5× a 20% code and 1.2× a 25% code, and its top 40% is 2× and 1.6×; Gate's Lv.1 60% is 3× a 20% code and 2.4× a 25% code, and its top 70% is 3.5× and 2.8×. In money, on 1,000 USDT of monthly fees:
| Channel | Bybit monthly rebate | Gate monthly rebate |
|---|---|---|
| Common 20% code | 200 USDT | 200 USDT |
| Common 25% code | 250 USDT | 250 USDT |
| Quant Nova · Lv.1 (no threshold) | 300 USDT | 600 USDT |
| Quant Nova · SVIP | 350 USDT | 650 USDT |
| Quant Nova · Supernova (max) | 400 USDT | 700 USDT |
Why is Gate's rate so much higher? Gate pays affiliates a larger share than other exchanges do, and Quant Nova passes the extra down. On Bybit, Quant Nova settles the whole rebate by tier and returns most of what it receives, capped at 40%. Sign up on Gate with QUANTXXX and the first 20% is guaranteed to come back to you. The gap comes from what each exchange pays, not from a choice made by the rebate site.
Both top tiers are invitation-only. Supernova (Bybit 40%, Gate 70%) is reserved for specific high-volume users and has to be negotiated. The highest tier you can reach by trading is SVIP: Bybit 35%, Gate 65%. Even at SVIP, Bybit pays 1.75× a common 20% code and Gate 3.25×. The net-cost tables below list all three tiers, so compare the row you will actually be in.
Your tier depends on XP, and XP is simply the fees you paid over the last 30 days (1 USDT of fees = 1 XP), counted separately for each exchange. For the full tier tables, see the Bybit fee rebate guide and the Gate fee rebate guide.
Net cost after the rebate: every Gate tier beats Bybit's best
There is one formula: net rate = listed rate × (1 − rebate rate). Start with futures taker, which is what most people care about:
| Tier | Bybit (taker 0.055%) | Gate (taker 0.05%) | Bybit ÷ Gate |
|---|---|---|---|
| Lv.1 | 0.055% × 70% = 0.0385% | 0.05% × 40% = 0.02% | about 1.9× |
| SVIP | 0.055% × 65% = 0.03575% | 0.05% × 35% = 0.0175% | about 2.0× |
| Supernova (max) | 0.055% × 60% = 0.033% | 0.05% × 30% = 0.015% | 2.2× |
Gate's no-threshold Lv.1 net rate of 0.02% is already below Bybit's top rate of 0.033%, and half of what you pay on Gate with a common 20% code (0.05% × 80% = 0.04%).In other words, on fees alone, no Bybit tier catches up with a Gate account that has only just been bound.
Maker and spot orders tell the same story (Lv.1 → max):
- Futures maker 0.02%: Bybit 0.014% → 0.012%; Gate 0.008% → 0.006%.
- Spot 0.10%: Bybit 0.07% → 0.06%; Gate 0.04% → 0.035% (Gate spot tops out at 65%).
- Gate spot paid in GT: 0.09% × 40% = 0.036%, and at the top 0.09% × 35% = 0.0315%. Paying in GT shrinks the rebate in absolute terms, but your total outlay is still lower.
Money makes it clearer. Assume 500,000 USDT of monthly notional volume, all taker: Bybit fees are 500,000 × 0.055% = 275 USDT and Gate fees are 500,000 × 0.05% = 250 USDT.
| Tier | Bybit monthly net cost | Gate monthly net cost | Monthly gap |
|---|---|---|---|
| Lv.1 | 275 × 70% = 192.5 USDT | 250 × 40% = 100 USDT | 92.5 USDT |
| SVIP | 275 × 65% = 178.75 USDT | 250 × 35% = 87.5 USDT | 91.25 USDT |
| Supernova (max) | 275 × 60% = 165 USDT | 250 × 30% = 75 USDT | 90 USDT |
At this size the two differ by roughly 90 USDT a month, about 1,080 USDT a year (top tier: 90 × 12). At the same 500,000 USDT a month, a common 20% code leaves a net cost of 220 USDT on Bybit (275 × 80%) and 200 USDT on Gate (250 × 80%); the top Quant Nova tier cuts that to 165 and 75 USDT.Double your volume and the gap doubles too.For more on the method, see effective perp fees after the rebate.
One 20× futures trade: what the gap looks like
If monthly volume feels abstract, look at a single trade. Say you put up 2,500 USDT of margin at 20× leverage for a 50,000 USDT position, and both open and close with market (taker) orders:
- Bybit: 50,000 × 0.055% = 27.5 USDT per side, 55 USDT round trip. At Lv.1 (30% back) you net 55 × 70% = 38.5 USDT; at the top 40% you net 55 × 60% = 33 USDT.
- Gate: 50,000 × 0.05% = 25 USDT per side, 50 USDT round trip. At Lv.1 (60% back) you net 50 × 40% = 20 USDT; at the top 70% you net 50 × 30% = 15 USDT.
- As a share of margin: at the top tier, a Bybit round trip eats 1.32% of your margin (33 ÷ 2,500); on Gate it is 0.6% (15 ÷ 2,500).
High leverage magnifies fees relative to your capital, not just your profit and loss. The same trade has to earn 1.32% of margin on Bybit just to cover fees, versus 0.6% on Gate. For short-term traders in and out several times a day, that gap feeds straight into the win rate they need.
If you almost only post limit orders, both list maker at 0.02%, so a round trip costs 50,000 × 0.02% × 2 = 20 USDT; after the top rebate Bybit nets 20 × 60% = 12 USDT and Gate nets 20 × 30% = 6 USDT. The gap shrinks to 6 USDT, but it points the same way.
Tokenized US stock perps: Gate costs less, Bybit trades more
Both exchanges list tokenized US stock perpetuals (SPY, NVDA, TSLA, MSTR, crude oil CL and more) at their normal futures fees: Bybit taker 0.055%, Gate taker 0.05%, maker 0.02% on both. Since 2026-09-01 Gate has a separate fee table for TradFi perps, still 0.02%/0.05% at VIP 0 (see Gate's official announcement).
Against Binance's 198 TradFi perps as the reference set, Gate covers 183 and Bybit 171. But listing more is not the same as being tradable. Measured 24-hour notional volume (USDT):
| Exchange | CL (crude) | MSTR | SPY | NVDA | TSLA | AAPL |
|---|---|---|---|---|---|---|
| Bybit | 42.8M | 22.2M | 0.4M | 2.1M | 3.0M | 13.1M |
| Gate | 34.6M | 11.4M | 0.2M | 2.6M | 1.6M | 1.2M |
Data as of 2026-09-20, from each exchange's public API.
Bybit trades more in five of the six; only NVDA is bigger on Gate. The widest gap is AAPL, 13.1M on Bybit against 1.2M on Gate, about 11×. On fees, though, Gate is clearly cheaper: at 500,000 USDT a month, all taker, top tier, Gate's net cost is 75 USDT and Bybit's is 165 USDT.
How to decide: for heavily traded names like CL and MSTR, both exchanges have enough liquidity and Gate's fee savings are real. For names like AAPL and TSLA that trade thinly on Gate, slippage on large orders can wipe out the fee gap and Bybit can come out ahead. Check how much that ticker actually trades on that exchange before you look at fees. Either way, Quant Nova beats a common 20% code: on the same 500,000 USDT, you get 125 USDT more a month on Gate (250 × 50%) and 55 USDT more on Bybit (275 × 20%).
One more distinction: when you arrive through the QUANTXXX link, Gate's signup page shows "--" for the automatic rebate on "Stocks"; this section is about the tokenized stock perpetuals in the futures list. Also, on names like MSTR and CL, funding can cost an order of magnitude more than fees. See tokenized stock perp fee comparison.
Product and settlement differences
- Bybit Earn is shared too: once bound, income from Bybit Earn is also shared back to you. That is an interest share, with a different base and rate from the fee rebate; see Bybit Earn rebate guide. Gate has no equivalent.
- Where rebates land: on Bybit, Quant Nova settles the whole rebate by tier, and you track and withdraw it all from your Quant Nova balance. Gate splits it: the 20% goes to your Gate account and the extra rebate to your Quant Nova balance.
- Platform token: Gate lets you pay spot fees in GT (0.09%); Bybit has no equivalent token discount.
- How long the binding lasts: according to Bybit's affiliate program FAQ, the affiliate relationship may be ended after 180 consecutive days with no trades. Gate's affiliate relationship has no time limit as long as it is not terminated.
- VIP tiers are separate: both lower fees through VIP levels based on 30-day volume or assets (plus GT holdings on Gate), independent of the rebate. For Gate's VIP volume, futures count at only 40%.
- Settlement timing: on both, the extra rebate is imported and matched after the exchange's daily report, usually credited after T+1, and can be withdrawn at any time.
Adding a code later and rebinding: Bybit has a 14-day window, Gate needs a new email
On both exchanges the binding cannot be changed once written. The difference is how you recover if you missed it:
| Situation | Bybit (NOVA888) | Gate (QUANTXXX) |
|---|---|---|
| Adding a referral code after signup | Within 14 days, with no referrer, main account only, self-service | No public way to add one |
| Main method once the window has passed | Transfer your KYC to a new account registered through our link | Register again with a new email and enter QUANTXXX |
| Waits and limits | KYC must be 24 hours old; both accounts lose withdrawals and fiat for 24 hours after; no second transfer within 180 days | No account deletion, no cooldown, and you can keep the old account |
Bybit: check the 14 days first, then KYC transfer
If your account is under 14 days old and has no referrer, go to Profile → Account → Account Info → "Join an Affiliate's Community" and add NOVA888. Main accounts only, and it cannot be changed afterwards (see Bybit's official guide). After 14 days, first register a brand-new, unverified account through our link, then move your KYC over following Bybit's identity transfer guide. Do it in that order: referral codes, assets, email and phone number do not move with your KYC.The fastest alternative is to open a new account with an ID document you have not used yet (driver's licence, passport or national ID). Once rebound, your future fees earn 30%–40% back, up to 2× a common 20% code.Full steps: Bybit rebind guide.
Gate: just use another email
One Gate KYC can register up to 5 accounts, so existing users simply sign up again with a new email and enter QUANTXXX. A phone number is optional; you can use a passkey or Google Authenticator instead. After rebinding, Gate pays 60%–70% in total: 600–700 USDT back on 1,000 USDT of monthly fees, 400–500 USDT more than a common 20% code.Remember that Gate's code is QUANTXXX; typing NOVA888 from memory is the same as entering nothing.Full steps: Gate rebind guide.
Which one should you pick?
- Mostly futures taker orders and you want the lowest fees → Gate. Lv.1 nets 0.02%, below Bybit's top 0.033%; at 500,000 USDT a month of taker volume, the gap is about 1,080 USDT a year.
- Trading AAPL, TSLA, MSTR and other tokenized stocks in large size → Bybit. Measured volume is higher on most tickers, and slippage can matter more than the fee gap.
- Idle assets you want to put in Earn → Bybit. Earn income is shared back as well; Gate has no equivalent.
- Signed up on Bybit less than 14 days ago and forgot the code → add NOVA888 on Bybit; no new account needed.
- An existing Gate account with no code → sign up again with a new email and QUANTXXX; fixing it costs almost nothing.
- You need both → bind both. Route different trades to different exchanges; all rebates show up in one dashboard and tiers are counted separately.
For the full ranking and every head-to-head across twelve exchanges, see the crypto exchange fee rebate comparison.
Next step: new users can sign up on Bybit with referral code NOVA888 and on Gate with referral code QUANTXXX, then bind the UID on Quant Nova. If you already have an account, follow the Bybit rebind guide or the Gate rebind guide. On 1,000 USDT of monthly fees, that is more each month than a common 20% code: 100–200 USDT on Bybit and 400–500 USDT on Gate.
Frequently asked questions
Which is cheaper, Bybit or Gate?
Gate, once rebates are counted. Bound through Quant Nova, Gate's net futures taker rate goes as low as 0.015% (0.05% × 30%) and Bybit's as low as 0.033% (0.055% × 60%). On listed rates alone, they differ by just 0.005 percentage points on futures taker.
Why is Gate's rebate so much higher than Bybit's?
Because the two exchanges pay affiliates different shares. Gate pays more than other exchanges and Quant Nova passes the extra down, for 60%–70% in total; on Bybit, Quant Nova settles 30%–40% by tier. Both beat a common 20% code: up to 2× on Bybit and up to 3.5× on Gate.
Can I reach Bybit's 40% or Gate's 70% just by trading?
No, both are the invitation-only Supernova tier. The highest tier reachable by trading is SVIP: Bybit 35% and Gate 65%, which give net futures taker rates of 0.03575% and 0.0175%.
Should I trade tokenized US stocks on Bybit or Gate?
It depends on the ticker. On fees Gate is cheaper, but measured 24-hour volume in CL, MSTR, SPY, TSLA and AAPL is higher on Bybit; AAPL differs by about 11×, so large orders may slip less on Bybit.
My Bybit account is older than 14 days. Can I still get the rebate?
Yes. Register a new unverified account through our link and transfer your old account's KYC to it, or open a new account with an ID document you have not used yet. See the Bybit rebind guide for the steps.
Do I need to delete my old Gate account if it has no code?
No. One Gate KYC can register up to 5 accounts, so sign up again with a new email and QUANTXXX. You can keep the old account and there is no cooldown.
How much more do I get through Quant Nova than with a common KOL code?
On 1,000 USDT of monthly fees, a common 20% code returns 200 USDT; through Quant Nova, Bybit returns 300–400 USDT (1.5–2×) and Gate 600–700 USDT (3–3.5×). You can bind both at once: NOVA888 on Bybit, QUANTXXX on Gate.