Head to head
the arrow points to the better figure| Arcus | Bybit | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $11.07 |
| $679 | ◀BTC trade, $1M | $1,225 |
| $3.4M | BTC book depth▶ | $24.3M |
| 0.022%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $614.2M | Volume 24h▶ | $20.79B |
| $460.8M | Volume, 7-day average▶ | $13.31B |
| $74.2Mone side | Open interest | $12.54Blongs + 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 | +0.0100% |
| — | BTC longs paid, 30d | +0.364% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Arcus | Bybit |
|---|---|---|
| $1k | $0.454.5 bp | $1.1011.0 bp |
| $10k | $4.514.5 bp | $11.0711.1 bp |
| $100k | $48.024.8 bp | $11611.6 bp |
| $1M | $6796.8 bp | $1,22512.2 bp |
| $5M | — | $7,20514.4 bp |
ENA 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% | −$18 |
| QQQ | +0.0038% | 0.0000% | +0.0038% | −$11 |
| NVDA | +0.0038% | +0.0353% | +0.0315% | −$42 |
| SNDK | +0.0038% | 0.0000% | +0.0038% | −$13 |
| HOOD | +0.0038% | +0.0405% | +0.0367% | −$33 |
| GOOGL | +0.0038% | 0.0000% | +0.0038% | −$2 |
| AAPL | +0.0038% | 0.0000% | +0.0038% | −$13 |
| MU | +0.0038% | 0.0000% | +0.0038% | +$2 |
| AMZN | +0.0038% | +0.0038% | +0.0001% | −$42 |
| META | +0.0038% | 0.0000% | +0.0038% | −$9 |
| DRAM | +0.0038% | +0.0007% | +0.0031% | +$6 |
| SPCX | +0.0038% | 0.0000% | +0.0038% | −$27 |
| CRCL | +0.0038% | +0.0249% | +0.0212% | −$58 |
| TSLA | +0.0038% | 0.0000% | +0.0038% | −$16 |
| MSFT | +0.0038% | 0.0000% | +0.0038% | −$15 |
| INTC | +0.0038% | +0.0272% | +0.0234% | −$41 |
| AMD | +0.0038% | 0.0000% | +0.0038% | −$18 |
| GME | +0.0038% | 0.0000% | +0.0038% | −$142 |
| MSTR | +0.0038% | +0.0044% | +0.0006% | −$35 |
| USAR | +0.0038% | 0.0000% | +0.0038% | −$135 |
Only on Bybit: 735
XAU · XAUT · LTC · AVAX · WLD · ONDO · ADA · SOXL · TRX · PEPE · XAG · ASTER · XLM · BCH · VVV · MNT · XMR · CL · XPL · ZRO · GRAM · AERO · HBAR · ARB · GRASS · CRV · TRUMP · BTW · DOT · QNT · BZ · APT · MON · ETHFI · STRK · PAXG · ICP · INJ · SKHYNIX · OP · ATOM · CC · FIL · LDO · VIRTUAL · TIA · JUP · POL · WIF · SEI · PENDLE · SAND · ALGO · SPX · ETC · PYTH · FF · RENDER · STX · MET · and 675 more
Questions
Is Arcus or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $4.51 on Arcus and $11.07 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: 9 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 $42 left after costs.
Which is bigger, Arcus or Bybit?
24-hour volume: Arcus $614.2M, Bybit $20.79B. Open interest as each reports it: $74.2M and $12.54B. 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.