Nado vs Bybit
Bybit traded 45× Nado's 24-hour volume ($18.05B vs $399.3M) and holds 153× its open interest.
Head to head
the arrow points to the better figure| Nado | Bybit | |
|---|---|---|
| Trading | ||
| $7.13 | ◀BTC trade, $10k | $11.31 |
| $939 | ◀BTC trade, $1M | $1,304 |
| $7.5M | BTC book depth▶ | $22.4M |
| 0.035%/0.010% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $399.3M | Volume 24h▶ | $18.05B |
| $380.3M | Volume, 7-day average▶ | $13.34B |
| $77.3M | Open interest▶ | $11.84B |
| $53.8M | TVL | — |
| Markets | ||
| 73 | Markets▶ | 894 |
| 30 | Stocks & RWA▶ | 294 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.602% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Nado | Bybit |
|---|---|---|
| $1k | $0.717.1 bp | $1.1011.0 bp |
| $10k | $7.137.1 bp | $11.3111.3 bp |
| $100k | $71.327.1 bp | $12012.0 bp |
| $1M | $9399.4 bp | $1,30413.0 bp |
| $5M | $13,84927.7 bp | $7,56415.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 73
funding /8h · Net 7d at $10k| Asset | Nado | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$22 |
| ETH | +0.0059% | −0.0066% | +0.0125% | −$16 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$31 |
| XAUT | +0.0230% | +0.0100% | +0.0130% | −$5 |
| SOL | −0.0124% | −0.0197% | +0.0073% | −$19 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$22 |
| LIT | −0.0470% | −0.0813% | +0.0343% | −$23 |
| NEAR | +0.0011% | +0.0100% | +0.0089% | −$45 |
| XMR | +0.1085% | +0.0992% | +0.0093% | −$28 |
| XRP | +0.0100% | −0.0199% | +0.0299% | −$1 |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$53 |
| PUMP | +0.0081% | −0.0867% | +0.0948% | −$40 |
| XPL | −0.0711% | +0.0100% | +0.0811% | −$59 |
| AAVE | +0.0031% | +0.0100% | +0.0069% | −$52 |
| ZRO | +0.0100% | +0.0100% | 0.0000% | −$80 |
| SUI | +0.0016% | −0.0554% | +0.0570% | −$13 |
| MON | −0.0520% | +0.0057% | +0.0577% | −$55 |
| BCH | −0.0135% | +0.0100% | +0.0235% | −$28 |
| UNI | −0.0110% | +0.0100% | +0.0210% | −$50 |
| ENA | +0.0100% | −0.0427% | +0.0527% | −$19 |
Only on Nado: 0
Only on Bybit: 752
XAU · SOXL · TRX · ADA · XLM · MNT · SKHYNIX · PAXG · HBAR · KORU · ARB · TRUMP · GRASS · INJ · DOT · CRV · APT · QNT · STRK · POL · FIL · CAP · ATOM · ICP · ETHFI · AERO · SOXS · CC · OP · LDO · SPX · BZ · PENDLE · WIF · TIA · VIRTUAL · FF · USDC · STX · SEI · ETC · SNXX · DRAM · RENDER · SAMSUNG · ARIA · DASH · ALGO · AKE · MORPHO · PIEVERSE · JCT · KAS · BTW · ARX · PYTH · TQQQ · H · COIN · EVAA · and 692 more
Questions
Is Nado or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $7.13 on Nado and $11.31 on Bybit right now, taker fee and order-book slippage together, so Nado is cheaper. Taker fees: 0.035% and 0.055%.
Which has more markets, Nado or Bybit?
Nado lists 73 active markets and Bybit 894; 73 assets trade on both, 30 of them stocks, commodities or other real-world assets.
Does Nado or Bybit require KYC?
Nado: No ID (card deposits through a third-party on-ramp may ask); the US and Canada are view-only, sanctioned countries blocked. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Nado and Bybit?
Yes: 3 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 GOOGL, long on Bybit and short on Nado, with $18 left after costs.
Which is bigger, Nado or Bybit?
24-hour volume: Nado $399.3M, Bybit $18.05B. Open interest as each reports it: $77.3M and $11.84B. TVL: $53.8M and none published.