Head to head
the arrow points to the better figure| Katana Perps | Bybit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $11.01 |
| — | BTC trade, $1M | $1,220 |
| — | BTC book depth | $23.3M |
| 0.019%/0.005% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $76.7M | Volume 24h▶ | $18.13B |
| $44.0M | Volume, 7-day average▶ | $13.34B |
| $465Kone side | Open interest | $11.92Blongs + shorts |
| $1.3M | TVL | — |
| Markets | ||
| 10 | Markets▶ | 894 |
| 0 | Stocks & RWA▶ | 294 |
| 8h | Funding paid every | 1h or 4h or 8h |
| +0.0111% | BTC funding /8h | +0.0100% |
| +0.897% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | Katana Perps | Bybit |
|---|---|---|
| $1k | — | $1.1011.0 bp |
| $10k | — | $11.0111.0 bp |
| $100k | — | $11011.0 bp |
| $1M | — | $1,22012.2 bp |
| $5M | — | $7,58215.2 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 10
funding /8h · Net 7d at $10k| Asset | Katana Perps | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | −0.0033% | +0.0133% | — |
| BTC | +0.0111% | +0.0100% | +0.0013% | — |
| XRP | +0.0100% | −0.0021% | +0.0121% | — |
| SOL | +0.0100% | −0.0104% | +0.0204% | — |
| HYPE | +0.0100% | +0.0100% | 0.0000% | — |
| KAT | +0.0100% | +0.0100% | — | — |
| ZEC | +0.0100% | +0.0100% | 0.0000% | — |
| TAO | +0.0091% | −0.0031% | +0.0119% | — |
| DOGE | +0.0100% | −0.0313% | — | — |
| PUMP | +0.0083% | −0.0290% | — | — |
Only on Katana Perps: 0
Only on Bybit: 815
XAUT · XAU · NEAR · BNB · SOXL · LIT · SUI · LINK · TRX · ENA · UNI · AVAX · LTC · PEPE · XAG · CL · ASTER · XMR · AAVE · ADA · SNDK · ONDO · INTC · SPCX · WLD · BCH · GOOGL · XLM · MNT · SKHYNIX · MU · PAXG · ZRO · HBAR · MSTR · GRAM · WLFI · KORU · TRUMP · XPL · ARB · GRASS · QQQ · NVDA · VVV · TSLA · INJ · DOT · CRV · APT · QNT · AAPL · PENGU · FARTCOIN · CRCL · STRK · POL · FIL · CAP · ATOM · and 755 more
Questions
Which has more markets, Katana Perps or Bybit?
Katana Perps lists 10 active markets and Bybit 894; 10 assets trade on both.
Does Katana Perps or Bybit require KYC?
Katana Perps: No ID, your wallet is the account; not for the US, Panama or sanctioned countries. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Katana Perps and Bybit?
Not profitably right now: none of the 10 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Katana Perps or Bybit?
24-hour volume: Katana Perps $76.7M, Bybit $18.13B. Open interest as each reports it: $465K and $11.92B. Bybit reports open interest as longs plus shorts, both sides of every position; Katana Perps reports one side. For the same positions Bybit's figure reads about twice as large. TVL: $1.3M and none published.