BloFinvs
Bybit
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 134 liquid markets shared by BloFin and Bybit, the best funding setup over the past 7 days is $ORCA (long BloFin, short Bybit): it paid 47.6% APR, 35.6% after costs, and held 37% of the time.
134 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs β not by the instantaneous APR.
β7d avgβ is the funding spread the pair actually paid over the last 7 days. βAfter costsβ subtracts taker fees for opening and closing both legs over a 7-day hold. βHoldsβ is the share of hours the spread kept the same sign and at least 5% APR.
| BloFin | Bybit | |
|---|---|---|
| Type | CEX | CEX |
| Taker fee | 0.06% | 0.055%β |
| Maker fee | 0.02% | 0.02% |
| Open Interest | $1.08B | $12.04Bβ |
| 24h Volume | $577.1M | $10.88Bβ |
| Avg Funding APR | 8.05% | 3.75% |
| Markets | 488 | 772β |
| Airdrop / token | β | 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 $12.04B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely βone or the otherβ β 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
- Which funding setup between BloFin and Bybit pays most?
- Across 134 liquid markets shared by BloFin and Bybit, the best funding setup over the past 7 days is $ORCA (long BloFin, short Bybit): it paid 47.6% APR, 35.6% after costs, and held 37% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- 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 $1.08B open interest across 488 markets; Bybit has $12.04B across 772. Bybit is deeper, which means lower slippage at size.
- Can I run funding arbitrage between BloFin and Bybit?
- Yes β 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.