Volume Monitor
Live crypto data · 8 exchanges

Binance vs Bybit

Binance and Bybit side by side from their public APIs: open interest, 24h perp volume, 24h liquidations, number of markets, the coins both list and funding on those coins, with the spread between the two. Each exchange also has its own page with its largest markets.

Binance has more perpetual open interest: $28.78B, 4.3× Bybit's $6.69B. The two list 467 coins in common, out of 526 on Binance and 773 on Bybit. Funding on the shared coins averages 0.0081% per 8h on Binance and 0.0027% on Bybit; of 467 coins, Binance's rate is higher on 109, Bybit's on 60 and 298 are equal. The widest funding gap is on SAGA: 0.6666% per 8h higher on Binance (≈730% APR).

467 shared coins1,337 perpsAs of 21:01 UTC

Binance open interest#1 of 8
$28.78B
81.1% of the pair
Bybit open interest#5 of 8
$6.69B
18.9% of the pair
Shared coins
467
59 only on Binance · 306 only on Bybit

Binance vs Bybit head to head

MetricBinanceBybit
Open interest$28.78B$6.69B
Share of all exchanges tracked33.8%7.9%
Perp volume, 24h$31.33B$8.63B
Perpetual markets564773
OI on the 467 shared coins$23.41B$6.25B
Avg funding on shared coins / 8h0.0081%0.0027%
Higher funding on109 coins60 coins
OI-weighted funding, all perps / 8h0.0039%0.0045%
Liquidations, last 8 hours$18.87M$5.24M
Long share of liquidations55.8%57.9%

Funding and open interest on shared coins

top 20 of 467 by combined OI
# Coin Binance funding Bybit funding Spread / 8h Binance OI Bybit OI
1BTC0.0027%0.0037%-0.0010%$8.01B$2.36B
2ETH0.0037%0.0027%0.0010%$6.16B$1.06B
3SOL-0.0031%0.0066%-0.0097%$1.03B$434.58M
4ZEC0.0100%0.0100%0.0000%$715.82M$141.13M
5XRP0.0052%0.0100%-0.0048%$495.56M$172.04M
6HYPE-0.0040%-0.0081%0.0041%$391.60M$147.18M
7BNB0.0000%-0.0008%0.0008%$451.52M$61.91M
8NEAR0.0100%0.0100%0.0000%$287.09M$128.59M
9DOGE0.0056%0.0023%0.0034%$295.24M$72.89M
10UNI0.0100%-0.0031%0.0131%$268.99M$50.94M
11ENA0.0100%0.0100%0.0000%$161.67M$69.70M
12SUI0.0053%0.0048%0.0005%$173.23M$52.67M
13WLD0.0100%0.0100%0.0000%$132.00M$52.70M
14LINK0.0039%0.0100%-0.0061%$135.88M$44.23M
15BCH0.0100%0.0100%0.0000%$146.62M$27.17M
16LTC0.0080%0.0040%0.0040%$118.56M$47.53M
17AVAX0.0100%0.0100%0.0000%$122.72M$40.39M
18BTW0.0871%0.0792%0.0079%$147.06M$14.96M
19ONDO0.0100%0.0100%0.0000%$99.80M$49.96M
20WLFI0.0100%0.0010%0.0090%$137.59M$10.94M

Coverage. Binance: Liquidations sampled: Binance publishes at most one per symbol per second. Bybit: Every liquidation (allLiquidation stream); OI and funding polled every 30s.

How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the 8-hour equivalent; the spread is Binance minus Bybit.

Binance vs Bybit FAQ

Which has more open interest, Binance or Bybit?

The open interest cards at the top compare the USD value of open perpetual futures positions on each exchange, summed over every market this site tracks there and valued at the mark price. They update with every page load.

Is funding higher on Binance or Bybit?

The average funding figures cover only the coins both exchanges list, as 8-hour equivalents, so venues with 1-hour and 8-hour funding compare directly. The table shows each coin's rate on both and the spread; a wide spread is what a funding arbitrage trade collects.

How many coins do Binance and Bybit both list?

The shared coins count is the number of coins with a perpetual future on both exchanges right now. Stablecoin pairs and Hyperliquid HIP-3 markets are left out.

Where does the data come from?

Each exchange's public market-data API, read live by this site. Nothing here comes from paid data vendors.