Head to head
the arrow points to the better figure| Arcus | Bybit | |
|---|---|---|
| Trading | ||
| $5.02 | ◀BTC trade, $10k | $11.01 |
| $623 | ◀BTC trade, $1M | $1,187 |
| $3.2M | BTC book depth▶ | $26.7M |
| 0.022%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $606.7M | Volume 24h▶ | $20.67B |
| $460.8M | Volume, 7-day average▶ | $13.31B |
| $74.8Mone side | Open interest | $12.58Blongs + shorts |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 860 |
| 36 | Stocks & RWA▶ | 267 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0076% |
| — | BTC longs paid, 30d | +0.364% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Arcus | Bybit |
|---|---|---|
| $1k | $0.454.5 bp | $1.1011.0 bp |
| $10k | $4.544.5 bp | $11.0411.0 bp |
| $100k | $49.294.9 bp | $11411.4 bp |
| $1M | $8888.9 bp | $1,33113.3 bp |
| $5M | — | $8,57117.1 bp |
HYPE funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 55
funding /8h · Net 7d at $10k| Asset | Arcus | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| SPY | +0.0038% | 0.0000% | +0.0038% | −$17 |
| QQQ | +0.0038% | 0.0000% | +0.0038% | −$9 |
| NVDA | +0.0038% | +0.0311% | +0.0273% | −$41 |
| SNDK | +0.0038% | 0.0000% | +0.0038% | −$11 |
| HOOD | +0.0038% | +0.0342% | +0.0304% | −$31 |
| GOOGL | +0.0038% | 0.0000% | +0.0038% | −$3 |
| AAPL | +0.0038% | 0.0000% | +0.0038% | −$12 |
| MU | +0.0038% | 0.0000% | +0.0038% | +$2 |
| AMZN | +0.0038% | +0.0091% | +0.0053% | −$39 |
| META | +0.0038% | 0.0000% | +0.0038% | −$9 |
| DRAM | +0.0038% | +0.0010% | +0.0028% | +$7 |
| SPCX | +0.0038% | 0.0000% | +0.0038% | −$20 |
| CRCL | +0.0038% | +0.0202% | +0.0164% | −$59 |
| TSLA | +0.0038% | 0.0000% | +0.0038% | −$19 |
| MSFT | +0.0038% | 0.0000% | +0.0038% | −$15 |
| INTC | +0.0038% | +0.0296% | +0.0258% | −$42 |
| AMD | +0.0038% | 0.0000% | +0.0038% | −$17 |
| GME | +0.0038% | 0.0000% | +0.0038% | −$139 |
| MSTR | +0.0038% | +0.0069% | +0.0031% | −$34 |
| USAR | +0.0038% | 0.0000% | +0.0038% | −$161 |
Only on Bybit: 735
XAU · XAUT · LTC · AVAX · WLD · ONDO · ADA · SOXL · TRX · PEPE · XAG · ASTER · XLM · BCH · VVV · MNT · XMR · CL · XPL · GRAM · ZRO · AERO · HBAR · ARB · CRV · GRASS · BTW · TRUMP · DOT · QNT · BZ · APT · MON · STRK · ETHFI · PAXG · ICP · INJ · SKHYNIX · ATOM · OP · LDO · CC · FIL · VIRTUAL · TIA · JUP · POL · WIF · SEI · PENDLE · ALGO · SAND · PYTH · SPX · ETC · FF · RENDER · STX · RAY · and 675 more
Questions
Is Arcus or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.02 on Arcus and $11.01 on Bybit right now, taker fee and order-book slippage together, so Arcus is cheaper. Taker fees: 0.0225% and 0.055%.
Which has more markets, Arcus or Bybit?
Arcus lists 60 active markets and Bybit 860; 55 assets trade on both, 31 of them stocks, commodities or other real-world assets.
Does Arcus or Bybit require KYC?
Arcus: No ID; not available in the US, Canada, the UK or sanctioned regions. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Arcus and Bybit?
Yes: 8 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was CASHCAT, long on Bybit and short on Arcus, with $50 left after costs.
Which is bigger, Arcus or Bybit?
24-hour volume: Arcus $606.7M, Bybit $20.67B. Open interest as each reports it: $74.8M and $12.58B. Bybit reports open interest as longs plus shorts, both sides of every position; Arcus reports one side. For the same positions Bybit's figure reads about twice as large. TVL: $43.8M and none published.