Bybitvs
Toobit
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 152 liquid markets shared by Bybit and Toobit, the best funding setup over the past 7 days is $ARIA (long Toobit, short Bybit): it paid 99.5% APR, 87.5% after costs, and held 70% of the time.
152 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs β not by the instantaneous APR.
| Coin | Long | Short | 7d avg | After costs | Holds | Pays back | |
|---|---|---|---|---|---|---|---|
| $ARIA | Toobit | Bybit | 99.5% now 0.0% | 87.5% | 70% | <1 d | Backtest β |
| $BRENT | Bybit | Toobit | 53.4% now 12.9% | 41.4% | 91% | 2 d | Backtest β |
| $JCT | Bybit | Toobit | 52.5% now 38.3% | 40.5% | 51% | 2 d | Backtest β |
| $PIEVERSE | Bybit | Toobit | 44.4% now 0.0% | 32.4% | 92% | 2 d | Backtest β |
| $TAC | Bybit | Toobit | 29.9% now -213.5% | 17.9% | 53% | 3 d | Backtest β |
| $ARX | Bybit | Toobit | 27.3% now 64.1% | 15.3% | 69% | 3 d | Backtest β |
| $Q | Bybit | Toobit | 26.7% now 43.8% | 14.7% | 73% | 3 d | Backtest β |
| $COIN | Bybit | Toobit | 23.6% now 12.7% | 11.6% | 96% | 4 d | Backtest β |
| $LIT | Bybit | Toobit | 22.8% now 43.8% | 10.8% | 58% | 4 d | Backtest β |
| $SKHY | Toobit | Bybit | 22.2% now 21.9% | 10.2% | 98% | 4 d | Backtest β |
| $H | Bybit | Toobit | 21.2% now 17.6% | 9.2% | 64% | 4 d | Backtest β |
| $AERO | Toobit | Bybit | 19.3% now 0.0% | 7.3% | 57% | 4 d | Backtest β |
| $WLFI | Bybit | Toobit | 19.2% now 0.0% | 7.2% | 61% | 4 d | Backtest β |
| $TSLA | Toobit | Bybit | 18.1% now 21.9% | 6.2% | 82% | 5 d | Backtest β |
| $1000PEPE | Bybit | Toobit | 17.5% now 5.4% | 5.5% | 70% | 5 d | Backtest β |
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.
| Bybit | Toobit | |
|---|---|---|
| Type | CEX | CEX |
| Taker fee | 0.055%β | 0.06% |
| Maker fee | 0.02% | 0.02% |
| Open Interest | $10.75Bβ | $5.43B |
| 24h Volume | $14.19Bβ | $13.96B |
| Avg Funding APR | -3.14% | 1.37% |
| Markets | 812β | 733 |
| Airdrop / token | Listed | Listed |
Bybit and Toobit 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 $10.75B 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 Bybit and Toobit diverge right now, then verify the pair in the backtester.
How this pair behaves
Of 15 setups between Bybit and Toobit with 7 days of payouts, 15 stay positive after entry and exit costs. In a typical setup the spread keeps its sign and at least 5% APR 70% of the hours. Opening and closing both legs costs a median 0.23% of the position, paid back in about 4 days. The instantaneous rate is often higher than the weekly one: pick by the "7d avg" and "After costs" columns, not by the current APR.
Related venue pairs
Frequently asked questions
- Which funding setup between Bybit and Toobit pays most?
- Across 152 liquid markets shared by Bybit and Toobit, the best funding setup over the past 7 days is $ARIA (long Toobit, short Bybit): it paid 99.5% APR, 87.5% after costs, and held 70% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is Bybit or Toobit cheaper?
- Bybit charges 0.055% taker / 0.02% maker; Toobit charges 0.06% 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, Bybit or Toobit?
- Bybit has $10.75B open interest across 812 markets; Toobit has $5.43B across 733. Bybit is deeper, which means lower slippage at size.
- Can I run funding arbitrage between Bybit and Toobit?
- 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.