SoDEX vs Bybit
Bybit traded 74× SoDEX's 24-hour volume ($18.13B vs $246.2M) and holds 41× its open interest.
Head to head
the arrow points to the better figure| SoDEX | Bybit | |
|---|---|---|
| Trading | ||
| $8.13 | ◀BTC trade, $10k | $11.01 |
| $1,041 | ◀BTC trade, $1M | $1,220 |
| $1.5M | BTC book depth▶ | $23.3M |
| 0.040%/0.012% | ◀Taker / maker | 0.055%/0.020% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $246.2M | Volume 24h▶ | $18.13B |
| $259.5M | Volume, 7-day average▶ | $13.34B |
| $291.0M | Open interest▶ | $11.92B |
| $64.9M | TVL | — |
| Markets | ||
| 98 | Markets▶ | 894 |
| 44 | Stocks & RWA▶ | 294 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.579% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | SoDEX | Bybit |
|---|---|---|
| $1k | $0.818.1 bp | $1.1011.0 bp |
| $10k | $8.138.1 bp | $11.0111.0 bp |
| $100k | $82.278.2 bp | $11011.0 bp |
| $1M | $1,04110.4 bp | $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: 94
funding /8h · Net 7d at $10k| Asset | SoDEX | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | −0.0033% | +0.0133% | −$6 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$17 |
| XAUT | +0.0050% | +0.0100% | +0.0050% | −$18 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$35 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$18 |
| SOL | +0.0019% | −0.0104% | +0.0123% | −$12 |
| DOGE | +0.0100% | −0.0313% | +0.0413% | −$7 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | $0 |
| SUI | −0.0069% | −0.0517% | +0.0448% | −$6 |
| TRUMP | +0.0100% | +0.0100% | 0.0000% | −$61 |
| ONDO | +0.0100% | −0.0114% | +0.0214% | −$18 |
| BNB | +0.0100% | +0.0100% | 0.0000% | — |
| QNT | +0.0100% | +0.0100% | 0.0000% | −$61 |
| LTC | +0.0100% | +0.0044% | +0.0056% | — |
| CHZ | +0.0100% | −0.0079% | — | — |
| LIT | +0.0019% | −0.0445% | +0.0464% | −$25 |
| ARB | −0.0037% | −0.0400% | +0.0363% | −$25 |
| ETC | +0.0100% | −0.0159% | — | — |
| WLFI | +0.0100% | +0.0100% | — | — |
| PONS | +0.0100% | −0.0179% | +0.0279% | — |
Only on SoDEX: 4
SP500 · NAS100 · BIANRENSHENG · COPPER
Only on Bybit: 731
XAU · SOXL · TAO · MNT · PAXG · ZRO · GRAM · GRASS · QQQ · VVV · INJ · DOT · CRV · STRK · POL · CAP · ATOM · ICP · ETHFI · AERO · CC · SOXS · LDO · SPX · SPY · USELESS · PENDLE · TIA · FF · USDC · STX · SNXX · SEI · RENDER · ARIA · JUP · ALGO · PIEVERSE · JCT · AKE · KAS · ARX · SKY · BTW · PYTH · TQQQ · H · EVAA · BEAM · CHIP · RAY · POPCAT · COMP · TRB · EIGEN · Q · ICNT · HUMA · AVGO · SOON · and 671 more
Questions
Is SoDEX or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on SoDEX and $11.01 on Bybit right now, taker fee and order-book slippage together, so SoDEX is cheaper. Taker fees: 0.04% and 0.055%.
Which has more markets, SoDEX or Bybit?
SoDEX lists 98 active markets and Bybit 894; 94 assets trade on both, 41 of them stocks, commodities or other real-world assets.
Does SoDEX or Bybit require KYC?
SoDEX: No ID; not for the US, China, Singapore, the UK, Russia or FATF high-risk countries, VPNs forbidden. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between SoDEX and Bybit?
Yes: 8 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 CXMT, long on Bybit and short on SoDEX, with $74 left after costs.
Which is bigger, SoDEX or Bybit?
24-hour volume: SoDEX $246.2M, Bybit $18.13B. Open interest as each reports it: $291.0M and $11.92B. TVL: $64.9M and none published.

