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Bybit

Free tier

Bybit scores 84.7/100 for arbitrage health, with $1.20B of 24h spot volume across 409 USDT pairs and 41 tracked cross-exchange spreads in the last 24h, plus a best funding carry near 148% APR.

A derivatives-first exchange with a fast-growing spot market and a broad perpetual-futures lineup.

Why it matters for arbitrage: Strong perp coverage makes Bybit a frequent funding-carry and spot-perp leg; its spot listings often diverge from Binance on mid-caps.

Exchange health
84.7
5/5 measured
Data as of Aug 5, 2026, 9:41 PM
Official site ScannerArbitrage
Spot coins
409
vs USDT
Perp markets
87
vs USDT
24h volume
$1.20B
Withdrawable coins
408
108 networks
Arb spreads (24h)
41
Best funding APR
148%

Exchange health

How this is calculated
Liquidity77
Breadth51.1
Networks99.8
Spread stability100
Funding sanity95.4

Network data via API key

Live spreads involving this exchange

Current cross-exchange spreads, refreshed every 30s.

Loading live spreads…

Arbitrage spreads (24h)

From our hourly-tracked set of liquid coins — 24h spreads where this exchange is a leg (not every pair on the exchange).

PairRouteMax 24h spread
OBTUSDTbybithtx27.907%
BIRBUSDTbybithtx7.192%
INITUSDTbybithtx6.941%
TREEUSDTbybithtx6.137%
PROVEUSDTbybithtx4.988%
BARDUSDTbybithtx4.174%
FHEUSDTbybithtx3.389%
SUNDOGUSDTbybithtx3.04%
CAPUSDTbybithtx2.747%
RATSUSDTbybitkucoin1.653%

Showing the top 10 by spread of 41 tracked spreads.

Funding leaders

Open funding search

Perps here with the highest funding APR — the best clean delta-neutral carry.

PairAPRInterval
RATSUSDT147.8%4h
BICOUSDT105.4%8h
TACUSDT27.0%4h
VVVUSDT10.9%4h
BILLUSDT10.9%4h
RLUSDUSDT10.9%4h
ICNTUSDT10.9%4h
BSBUSDT10.9%4h

Neutral baseline ≈ 10.95% APR: the small default funding a perp pays when its price tracks spot — most perps sit here, so the real carry opportunities are the ones above it.

Funding is the recurring payment between perp longs and shorts that keeps the perp price tethered to spot. A positive APR means longs pay shorts: a market-neutral position — buy the coin on spot and short its perp — earns roughly this annualised rate with no price exposure (a "carry"). Rates reset every 1–8h, so APR is a snapshot projection, not a locked yield; very large values usually flag an illiquid or stressed perp (see the risk score). Negative rates flip the carry (long perp + short spot) and need margin or borrow. Learn more: funding carry

Trading fees

This exchange vs the cross-exchange average (taker / maker).

Withdrawal fees (cheapest network)
CoinNetworkFee
BTCBTC0.000068
USDCMANTLE0
ETHMANTLE0
HYPEHYPEREVM0.025
AAVEETH0.01
SOLSOL0.001
ENAMANTLE0
WLDOPTIMISM0.2
XAUTMANTLE0
XRPXRP0.2
USD1BSC0.5
BILLETH20

Networks & withdrawals

Where you can actually move coins off this exchange.

100%Withdrawable

408 / 409 withdrawable · 108 networks

Coins per network
NetworkCoins
ETH170
SOL74
BSC46
BASE32
MANTLE25
ARBITRUM13
TON9
TRON8
SUI8
OPTIMISM7

Top coins by volume

CoinPrice24hVolume
BTCUSDT64704.2+0.73%$493.83M
USDCUSDT1.0008+0.01%$211.92M
ETHUSDT1909.47+1.94%$115.25M
HYPEUSDT56.86+2.95%$33.74M
AAVEUSDT90.08-0.34%$29.38M
SOLUSDT74.15+0.05%$18.44M
ENAUSDT0.09255+0.38%$17.19M
WLDUSDT0.3146-2.15%$17.03M

FAQ

What are Bybit's trading fees?

Bybit charges 0.1% taker and 0.1% maker on spot, and 0.055% / 0.02% on USDT perpetuals (standard public tiers; VIP tiers are lower).

Which networks can you withdraw on at Bybit?

408 coins are currently withdrawable from Bybit across 108 blockchain networks. The most widely supported chains are ETH, SOL, BSC.

Is Bybit good for crypto arbitrage?

Bybit has an arbitrage health score of 84.7/100, with $1.20B of 24h volume and involvement in 41 tracked cross-exchange spreads over 24h, 0% of which were stuck.

What is the best funding rate on Bybit?

The best clean, delta-neutral funding carry on Bybit is about 148% APR — buy the coin on spot and short its perpetual to collect funding with no price exposure.