Head to head
the arrow points to the better figure| Popdex | Bybit | |
|---|---|---|
| Trading | ||
| $8.34 | ◀BTC trade, $10k | $11.31 |
| $945 | ◀BTC trade, $1M | $1,304 |
| $12.3M | BTC book depth▶ | $22.4M |
| 0.032%/0.010% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $336.4M | Volume 24h▶ | $18.08B |
| $198.6M | Volume, 7-day average▶ | $13.34B |
| $92.7Mone side | Open interest | $11.84Blongs + shorts |
| $76.6M | TVL | — |
| Markets | ||
| 66 | Markets▶ | 894 |
| 35 | Stocks & RWA▶ | 294 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.775% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | Popdex | Bybit |
|---|---|---|
| $1k | $0.747.4 bp | $1.1011.0 bp |
| $10k | $8.348.3 bp | $11.3111.3 bp |
| $100k | $84.888.5 bp | $12012.0 bp |
| $1M | $9459.4 bp | $1,30413.0 bp |
| $5M | $7,77815.6 bp | $7,56415.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 60
funding /8h · Net 7d at $10k| Asset | Popdex | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$17 |
| ETH | +0.0100% | −0.0066% | +0.0166% | −$14 |
| ENA | +0.0100% | −0.0427% | +0.0527% | −$84 |
| SOL | +0.0082% | −0.0197% | +0.0278% | −$17 |
| PEPE | +0.0100% | −0.0160% | +0.0260% | −$26 |
| ZEC | +0.0271% | +0.0100% | +0.0171% | −$27 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$11 |
| XRP | +0.0100% | −0.0199% | +0.0299% | −$16 |
| LINK | +0.0100% | −0.0071% | +0.0171% | −$21 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$18 |
| BNB | +0.0100% | +0.0100% | 0.0000% | +$10 |
| DOGE | +0.0100% | −0.0464% | +0.0564% | −$7 |
| AAVE | +0.0100% | +0.0100% | 0.0000% | −$30 |
| SUI | +0.0100% | −0.0554% | +0.0654% | −$23 |
| LTC | +0.0100% | +0.0099% | +0.0001% | −$27 |
| ADA | +0.0100% | −0.0170% | +0.0270% | −$34 |
| XLM | +0.0100% | −0.0610% | +0.0710% | −$53 |
| GRAM | +0.0100% | −0.1859% | +0.1959% | −$108 |
| APT | +0.0100% | −0.0215% | +0.0315% | −$108 |
| TRUMP | +0.0100% | +0.0100% | 0.0000% | −$67 |
Only on Bybit: 765
XAUT · LIT · TRX · UNI · ASTER · XMR · BCH · MNT · PAXG · ZRO · HBAR · WLFI · XPL · KORU · ARB · GRASS · VVV · INJ · DOT · CRV · QNT · AAPL · PENGU · FARTCOIN · STRK · POL · FIL · CAP · ATOM · ICP · ETHFI · MSFT · AERO · MON · SOXS · CC · NBIS · OP · LDO · SPX · SPY · USELESS · PENDLE · TIA · VIRTUAL · FF · USDC · STX · SEI · ETC · SNXX · RENDER · ARIA · DASH · JUP · ALGO · AKE · PIEVERSE · MORPHO · JCT · and 705 more
Questions
Is Popdex or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.34 on Popdex and $11.31 on Bybit right now, taker fee and order-book slippage together, so Popdex is cheaper. Taker fees: 0.032% and 0.055%.
Which has more markets, Popdex or Bybit?
Popdex lists 66 active markets and Bybit 894; 60 assets trade on both, 30 of them stocks, commodities or other real-world assets.
Does Popdex or Bybit require KYC?
Popdex: No ID; barred countries include the US, UK, Canada, France, Germany, Austria, Singapore, Hong Kong and China. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Popdex and Bybit?
Yes: 4 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 SKHYNIX, long on Popdex and short on Bybit, with $76 left after costs.
Which is bigger, Popdex or Bybit?
24-hour volume: Popdex $336.4M, Bybit $18.08B. Open interest as each reports it: $92.7M and $11.84B. Bybit reports open interest as longs plus shorts, both sides of every position; Popdex reports one side. For the same positions Bybit's figure reads about twice as large. TVL: $76.6M and none published.

