Exchange compare · funding

OKX vs Bybit

Side-by-side funding rate comparison between OKX and Bybit USDT-M perpetual futures. When rates diverge by more than taker fees × 2, a delta-neutral spread trade becomes profitable. We refresh every 15 minutes from each exchange's public API and annualize the spread to net APR.

OKX
Taker fee
0.05%
Fee discount
30% via ByKaranteli
Bybit
Taker fee
0.055%
Fee discount
Affiliate · none direct

Current funding spreads

SymbolOKXBybitSpreadAnnualizedCarry direction
WIFUSDT+0.005%-0.011%+0.0156%+17.1%Long Bybit / Short OKX
DOGEUSDT+0.005%-0.006%+0.0110%+12.0%Long Bybit / Short OKX
POLUSDT-0.006%+0.005%-0.0107%-11.7%Long OKX / Short Bybit
ADAUSDT+0.001%+0.009%-0.0080%-8.8%Long OKX / Short Bybit
ETHUSDT+0.001%+0.009%-0.0078%-8.6%Long OKX / Short Bybit
LINKUSDT+0.002%-0.005%+0.0073%+8.0%Long Bybit / Short OKX
AVAXUSDT+0.010%+0.004%+0.0063%+6.9%Long Bybit / Short OKX
XRPUSDT-0.001%-0.007%+0.0054%+5.9%Long Bybit / Short OKX
BNBUSDT-0.009%-0.006%-0.0030%-3.2%Long OKX / Short Bybit
LTCUSDT+0.000%+0.003%-0.0027%-3.0%Long OKX / Short Bybit
SOLUSDT-0.010%-0.008%-0.0018%-2.0%Long OKX / Short Bybit
BTCUSDT+0.008%+0.009%-0.0017%-1.9%Long OKX / Short Bybit

Scan live spreads across all exchanges on the Funding Arbitrage Scanner.

When is a spread worth trading?

Break-even = (taker_long + taker_short) × 2 × rebalance_frequency. For OKX/Bybit at daily rebalance, that's roughly 77% APR in fees. Any annualized spread above that is net profit before slippage. Use ourfunding arb calculator to dial in size + rebalance cadence for your specific setup.

Beyond funding: OKX vs Bybit at a glance

MetricOKXBybit
Maker fee0.02%0.02%
Taker fee0.05%0.055%
Fee discount via ByKaranteli30%Affiliate · none direct
Funding intervalTypically every 8h; some contracts settle more oftenTypically every 8h; some contracts settle more often
Max leverage125x100x
USDT-M perpetuals listed (live)443739

Standard-tier (VIP 0) public rates for USDT-M perpetuals; fees and limits change, so verify on the exchange before trading.

Live market depth, measured by our venue layer

Open interest, 24h volume and the current 8h funding rate for the three largest perpetuals on each exchange, from the public endpoints we poll every 10 minutes. Coverage is how many of our 30-coin basket each exchange lists.

MetricOKXBybit
BTC open interest$2.16B$3.97B
BTC 24h volume$5.89B$4.91B
BTC funding / 8h+0.0078%+0.0095%
ETH open interest$1.54B$1.80B
ETH 24h volume$8.82B$3.36B
ETH funding / 8h+0.0015%+0.0093%
SOL open interest$326M$708M
SOL 24h volume$1.52B$874M
SOL funding / 8h-0.0099%-0.0085%
Basket coverage29 of 30 coins29 of 30 coins

Snapshot values; the exchanges report them, we record them. Volume figures are self-reported by each venue and are not audited. 2026-08-31 11:10 UTC.

Which should you choose?

OKX charges a lower standard taker fee than Bybit: 0.05% vs 0.055%, so it is the cheaper venue for takers. OKX also offers a 30% fee discount via ByKaranteli, which lowers its effective taker cost below the headline rate. For funding-rate arbitrage between the two, the live table above is the deciding input.

OKX vs Bybit FAQ

Which pays higher funding, OKX or Bybit?

It changes throughout the day and differs per symbol. The live table on this page compares OKX and Bybit funding rates side by side for every perpetual listed on both exchanges, refreshed every 15 minutes from their public APIs.

What are the taker fees on OKX and Bybit?

OKX charges 0.05% taker and Bybit charges 0.055%. A funding spread trade pays taker fees on both legs at entry and exit, which is why the break-even APR shown above matters more than the raw spread.

How do I trade the funding spread between OKX and Bybit?

Go long the perpetual on the exchange with the lower funding rate and short the same symbol on the exchange with the higher rate. Price exposure nets out and you collect the funding difference every interval. Our funding arb screener ranks all 6 exchanges by net APR after fees.

How often is this OKX vs Bybit comparison updated?

Every 15 minutes. Each snapshot is timestamped on the page, and the same data is available as JSON through our free public API.

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