Jupiter Perps vs Bybit
Bybit traded 57× Jupiter Perps's 24-hour volume ($18.03B vs $318.7M).
Head to head
the arrow points to the better figure| Jupiter Perps | Bybit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $11.31 |
| — | BTC trade, $1M | $1,304 |
| — | BTC book depth | $22.4M |
| 0.060%/0.060% | Taker / maker≈ | 0.055%/0.020% |
| 250x | ◀Max leverage | 150x |
| Size | ||
| $318.7M | Volume 24h▶ | $18.03B |
| $282.3M | Volume, 7-day average▶ | $13.34B |
| —one side | Open interest | $11.86Blongs + shorts |
| $674.5M | TVL | — |
| Markets | ||
| 3 | Markets▶ | 894 |
| 0 | Stocks & RWA▶ | 294 |
| 1h | Funding paid every | 1h or 4h or 8h |
| L +0.0112% / S +0.0056% | BTC funding /8h | +0.0100% |
| +0.998% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| $JUP | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | Jupiter Perps | Bybit |
|---|---|---|
| $1k | — | $1.1011.0 bp |
| $10k | — | $11.3111.3 bp |
| $100k | — | $12012.0 bp |
| $1M | — | $1,30413.0 bp |
| $5M | — | $7,56415.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 3
funding /8h · Net 7d at $10k| Asset | Jupiter Perps | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | L +0.0112% / S +0.0056% | +0.0100% | −0.0012% | — |
| ETH | L +0.0104% / S +0.0056% | −0.0066% | +0.0018% | — |
| SOL | L +0.0128% / S +0.0056% | −0.0197% | +0.0154% | — |
Only on Jupiter Perps: 0
Only on Bybit: 822
XRP · HYPE · ZEC · XAUT · XAU · NEAR · DOGE · BNB · SOXL · LIT · SUI · TRX · LINK · ENA · UNI · AVAX · LTC · PEPE · XAG · CL · ASTER · XMR · AAVE · ADA · ONDO · SNDK · INTC · SPCX · WLD · BCH · GOOGL · PUMP · XLM · MNT · TAO · SKHYNIX · MU · PAXG · ZRO · HBAR · MSTR · GRAM · WLFI · XPL · KORU · ARB · TRUMP · QQQ · GRASS · NVDA · VVV · TSLA · INJ · DOT · CRV · APT · QNT · AAPL · PENGU · FARTCOIN · and 762 more
Questions
Which has more markets, Jupiter Perps or Bybit?
Jupiter Perps lists 3 active markets and Bybit 894; 3 assets trade on both.
Does Jupiter Perps or Bybit require KYC?
Jupiter Perps: No ID; not for the US, China, Singapore or sanctioned countries, VPNs forbidden. Beta markets need 69 JUP staked. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Jupiter Perps and Bybit?
Not profitably right now: none of the 3 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Jupiter Perps or Bybit?
24-hour volume: Jupiter Perps $318.7M, Bybit $18.03B. Open interest as each reports it: {oa} and $11.86B. Bybit reports open interest as longs plus shorts, both sides of every position; Jupiter Perps reports one side. For the same positions Bybit's figure reads about twice as large. TVL: $674.5M and none published.