Bybit vs Gate head to head
| Metric | Bybit | Gate |
|---|---|---|
| Open interest | $6.69B | $5.53B |
| Share of all exchanges tracked | 7.9% | 6.5% |
| Perp volume, 24h | $8.63B | $6.48B |
| Perpetual markets | 773 | 579 |
| OI on the 474 shared coins | $6.22B | $5.51B |
| Avg funding on shared coins / 8h | 0.0027% | 0.0057% |
| Higher funding on | 74 coins | 400 coins |
| OI-weighted funding, all perps / 8h | 0.0045% | 0.0006% |
| Liquidations, last 8 hours | $5.24M | $682K |
| Long share of liquidations | 57.9% | 28.3% |
Funding and open interest on shared coins
top 20 of 474 by combined OI| # | Coin | Bybit funding | Gate funding | Spread / 8h | Bybit OI | Gate OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0037% | -0.0036% | 0.0073% | $2.36B | $2.30B |
| 2 | ETH | 0.0027% | 0.0022% | 0.0005% | $1.06B | $1.21B |
| 3 | SOL | 0.0066% | -0.0059% | 0.0125% | $434.63M | $444.72M |
| 4 | XRP | 0.0100% | 0.0100% | -0.0000% | $172.09M | $184.72M |
| 5 | ZEC | 0.0100% | 0.0100% | -0.0000% | $141.12M | $161.62M |
| 6 | HYPE | -0.0081% | -0.0136% | 0.0055% | $147.17M | $109.81M |
| 7 | NEAR | 0.0100% | 0.0100% | -0.0000% | $128.52M | $109.54M |
| 8 | DOGE | 0.0023% | 0.0100% | -0.0077% | $72.91M | $115.10M |
| 9 | BNB | -0.0008% | 0.0100% | -0.0108% | $61.91M | $90.43M |
| 10 | SUI | 0.0048% | 0.0098% | -0.0050% | $52.70M | $90.69M |
| 11 | LINK | 0.0100% | 0.0037% | 0.0063% | $44.24M | $74.09M |
| 12 | UNI | -0.0031% | 0.0100% | -0.0131% | $50.93M | $66.32M |
| 13 | ENA | 0.0100% | 0.0100% | -0.0000% | $69.70M | $38.72M |
| 14 | ONDO | 0.0100% | 0.0100% | -0.0000% | $50.02M | $45.75M |
| 15 | PEPE | 0.0100% | 0.0100% | -0.0000% | $37.65M | $53.70M |
| 16 | ADA | 0.0100% | -0.0012% | 0.0112% | $37.87M | $50.79M |
| 17 | LTC | 0.0040% | 0.0100% | -0.0060% | $47.53M | $38.37M |
| 18 | AVAX | 0.0100% | 0.0100% | -0.0000% | $40.41M | $34.07M |
| 19 | TAO | 0.0100% | 0.0100% | -0.0000% | $32.46M | $38.35M |
| 20 | WLD | 0.0100% | 0.0100% | -0.0000% | $52.68M | $6.14M |
Coverage. Bybit: Every liquidation (allLiquidation stream); OI and funding polled every 30s. Gate: Every liquidation on USDT perps (futures.public_liquidates, batched each second); 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 Bybit minus Gate.