Here’s a step-by-step guide to start copying your first Futures trade on Bybit.

1. Copy a Master Trader

2. View Your Positions

3. Edit Your Copy Trade Settings

4. Switch Copy Mode, Margin Mode, and Leverage Settings

5. Increase or Reduce Investment Amount

6. Set TP/SL

7. Close Your Positions

8. Cancel Copying Your Master Trader

Copy a Master Trader

Step 1: Go to Copy Trading on the app’s home page.

Step 2: Browse through top Master Traders on different leaderboards, pick the ones you’d like to follow, and tap Copy. You may follow up to 10 Master Traders at the same time.

Tip: Tap on the Master Trader’s card to access comprehensive performance metrics to make more informed decisions.

Step 3: Place your copy trades by setting the Investment amount. The minimum investment amount is 100 USDT. Please note that Master Traders may establish a higher minimum requirement for copying, which will be indicated in the Master Trader’s profile on top.

Step 4: Expand More Settings to configure additional parameters for your copy trades.

1. Select your copy mode and set up trading parameters (if applicable).
2. Once selected, the copy mode cannot be changed. To switch modes, cancel the current copy trade and initiate a new one.
3. All settings configured under USDT Perpetual Trades apply only to USDT Perpetual Contract trading.
4. You can only copy trades placed by the Master Trader from the time you start copying.
5. Parameter customization under More Settings will be unavailable if the Master Trader enables Forced Sync under SyncMaster. Instead, a “SyncMaster is now enabled” status will be displayed.

For a more detailed explanation on copy modes and parameter settings, please refer to this article.

Step 5: Once the settings are confirmed, check the Agreement Acknowledgement box and tap Copy Now.

On the same page, you can also see the Master Trader’s performance metrics and profit sharing ratio. The profit sharing ratio varies according to the Master Trader’s level. If the profit sharing ratio is 10%, the Followers will have to share 10% of their profit earned from copying this Master Trader, with the Master Trader.

View Your Positions

Step 1: Tap My Trades in the top right corner of the Copy Trading Classic page.

Step 2: Go to Trades to view your current copied trades for USDT Perpetual Contract. Tap on Details to see each copied order based on the position of each trading pair.

Edit Your Copy Trade Settings

You can modify the parameters of your copy trades by following the steps below.

Step 1: Go to My Trades → User Center (Follower).

Step 2: Tap Details of the Master Trader you are following.

Step 3: Go to More Settings to modify parameters for USDT Perpetual Trades. Tap on Configure Settings at the bottom of the page once you are ready to reset your copy settings. Please note that if the Master Trader has enabled Forced Sync under SyncMaster, you will not be able to customize the parameters under More Settings.

Note: To reset the parameters of a copied item, tap Start/Stop Copying. If you want to configure the copy settings, go to Configure Settings after you start copying.

Switch Copy Mode, Margin Mode, and Leverage Settings

Copy Mode: To change the copy mode, you will need to cancel the copy of the Master Trader and proceed to initiate a new copy trade with the desired mode. Please note that following the same Master Trader again may not be possible if all slots are occupied.

Margin Mode and Leverage Settings: To change the margin or leverage mode, you can refer to the steps above on how to edit your copy trade settings. Leverage change does not apply to Smart Copy as you will follow the Master Trader’s leverage.

Increase or Reduce Investment Amount

Step 1: Go to User Center (Follower) → Master Traders → Adjust Investment. Choose Increase Investment or Reduce Investment.

Notes:

— Generally, the minimum investment amount for Copy Trading Classic is 100 USDT. However, your Master Trader may set a higher minimum required investment amount. Hence, you will not be able to reduce your investment to lower than 100 USDT or the minimum amount required by your Master Trader.

— You will be able to see the Max. Reducible Amount on the Reduce Investment window.

Set TP/SL

To set a TP/SL for your USDT Perpetual orders, go to User Center (Follower) → Trades → Current Copy Trades → Details. Click on Set TP/SL and you can enter your desired Take Profit or Stop Loss price. You can also select the reference price to trigger your TP/SL.

The percentage bar below the price refers to the ROI to be achieved. For example, Follower A has selected 10% for Stop Loss and chose the Last Traded Price as the reference price. The system has automatically calculated $16,635.5 as the Stop Loss price. This means that when the Last Traded Price reaches $16,635.5, the SL order will be triggered and their ROI will be approximately -10%.

Close Your Positions

To close an order manually, go to User Center (Follower) → Trades → Open Position → Details. You will see the order placed for that position and you can click on Close to close the respective order. The order will be exited via a Market Order.

If you want to close the entire position under your Master Trader, please go to User Center (Follower) → Trades → Open Position → and click on Close All to close the entire position at market price.

In the Market Close window, you can see the position details before you confirm to close the position. The Est. P&L is calculated by the following formula:

Est. P&L = Position Average Entry Price − Current Market Price

Cancel Copying Your Master Trader

To cancel copying your Master Trader, go to User Center (Follower) → Master Trader → Current Copy Trades and click on the Details of the respective Master Trader you want to unfollow.

To cancel all copied items, navigate to the Copy Trading Classic Settings page and click on Stop Copying next to the Trader Copy Settings.

Once you cancel copying the Master Trader, you can choose one (1) of the following ways:

1. Close the remaining positions at the market price, or

2. Continue copying the trader until the positions are closed. During this time, only the closing signal from the Master Trader to that position will be copied. Any new orders or changes made to the position by Master Trader will not be copied.

Once you have canceled the copy and all the positions are closed, the invested funds will be auto-transferred to your Funding Account regardless of which account you have used to invest.

If you want to re-copy certain items, just click on Start Copying from the Copy Trading Classic Settings page.