BloFinvs
Bybit
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
| BloFin | Bybit | |
|---|---|---|
| Type | CEX | CEX |
| Taker fee | 0.06% | 0.055%✓ |
| Maker fee | 0.02% | 0.02% |
| Open Interest | $1.03B | $9.34B✓ |
| 24h Volume | $569.6M | $9.96B✓ |
| Avg Funding APR | 18.16% | 4.62% |
| Markets | 50 | 50 |
| Airdrop / token | — | Listed |
BloFin and Bybit are both perpetual-futures venues tracked on ORBIT. On fees, Bybit is cheaper (0.055% vs 0.06% taker). On liquidity, Bybit is deeper with $9.34B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely “one or the other” — you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where BloFin and Bybit diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Is BloFin or Bybit cheaper?
- BloFin charges 0.06% taker / 0.02% maker; Bybit charges 0.055% taker / 0.02% maker. Bybit has the lower taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, BloFin or Bybit?
- BloFin has $1.03B open interest across 50 markets; Bybit has $9.34B across 50. Bybit is deeper, which means lower slippage at size.
- Can I run funding arbitrage between BloFin and Bybit?
- Yes — when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.