Head to head
the arrow points to the better figure| dYdX | Bybit | |
|---|---|---|
| Trading | ||
| $20.60 | BTC trade, $10k▶ | $11.01 |
| $3,310 | BTC trade, $1M▶ | $1,220 |
| $67.4M | ◀BTC book depth | $23.3M |
| 0.050%/0.010% | Taker / maker≈ | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $54.6M | Volume 24h▶ | $18.13B |
| $39.9M | Volume, 7-day average▶ | $13.34B |
| $55.6Mone side | Open interest | $11.92Blongs + shorts |
| $68.5M | TVL | — |
| Markets | ||
| 57 | Markets▶ | 894 |
| 0 | Stocks & RWA▶ | 294 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0024% | BTC funding /8h | +0.0100% |
| +0.321% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| $DYDX | Token | none yet |
| Not active | Airdrop | — |
Cost to trade BTC
| Size | dYdX | Bybit |
|---|---|---|
| $1k | $1.7417.4 bp | $1.1011.0 bp |
| $10k | $20.6020.6 bp | $11.0111.0 bp |
| $100k | $27127.1 bp | $11011.0 bp |
| $1M | $3,31033.1 bp | $1,22012.2 bp |
| $5M | $40,03080.1 bp | $7,58215.2 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 57
funding /8h · Net 7d at $10k| Asset | dYdX | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0168% | −0.0033% | +0.0182% | −$7 |
| BTC | +0.0024% | +0.0100% | +0.0073% | −$31 |
| SOL | +0.0142% | −0.0104% | +0.0249% | +$3 |
| HYPE | +0.0002% | +0.0100% | +0.0098% | −$776 |
| XRP | 0.0000% | −0.0021% | +0.0021% | −$130 |
| LTC | 0.0000% | +0.0044% | +0.0044% | −$115 |
| ZEC | 0.0000% | +0.0100% | +0.0100% | −$176 |
| DOGE | 0.0000% | −0.0313% | +0.0313% | −$190 |
| PYTH | 0.0000% | +0.0100% | +0.0100% | −$142 |
| LINK | 0.0000% | +0.0051% | +0.0051% | −$313 |
| TRX | 0.0000% | −0.0673% | +0.0673% | −$406 |
| XMR | +0.1607% | +0.0921% | +0.0725% | −$431 |
| ADA | 0.0000% | −0.0100% | +0.0100% | −$382 |
| ALGO | 0.0000% | +0.0100% | +0.0100% | −$224 |
| BNB | 0.0000% | +0.0100% | +0.0100% | −$122 |
| NEAR | 0.0000% | +0.0100% | +0.0100% | — |
| DOT | 0.0000% | +0.0100% | +0.0100% | — |
| SUI | 0.0000% | −0.0517% | +0.0517% | — |
| UNI | 0.0000% | +0.0100% | +0.0100% | — |
| SEI | 0.0000% | −0.0077% | +0.0077% | — |
Only on dYdX: 0
Only on Bybit: 768
XAUT · XAU · SOXL · LIT · ENA · XAG · CL · SNDK · ONDO · INTC · SPCX · GOOGL · MNT · SKHYNIX · MU · ZRO · MSTR · GRAM · WLFI · KORU · TRUMP · XPL · GRASS · QQQ · NVDA · VVV · TSLA · QNT · AAPL · FARTCOIN · CRCL · CAP · ETHFI · MSFT · AERO · NBIS · CC · SKHY · SOXS · SPX · SPY · USELESS · BZ · PONS · WIF · VIRTUAL · FF · USDC · STX · SNXX · DRAM · SAMSUNG · ARIA · DASH · META · PIEVERSE · JCT · AKE · MORPHO · KAS · and 708 more
Questions
Is dYdX or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $20.60 on dYdX and $11.01 on Bybit right now, taker fee and order-book slippage together, so Bybit is cheaper. Taker fees: 0.05% and 0.055%.
Which has more markets, dYdX or Bybit?
dYdX lists 57 active markets and Bybit 894; 57 assets trade on both.
Does dYdX or Bybit require KYC?
dYdX: No ID, a web3 wallet is enough; dydx.trade blocks the US, Canada, the UK and sanctioned places (close-only, then blocked after 7 days). Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between dYdX and Bybit?
Yes: 1 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 SOL, long on Bybit and short on dYdX, with $3 left after costs.
Which is bigger, dYdX or Bybit?
24-hour volume: dYdX $54.6M, Bybit $18.13B. Open interest as each reports it: $55.6M and $11.92B. Bybit reports open interest as longs plus shorts, both sides of every position; dYdX reports one side. For the same positions Bybit's figure reads about twice as large. TVL: $68.5M and none published.