Bybit vs Binance Funding Rates
Side-by-side comparison of perpetual futures funding rates across 10 major assets.
4
Bybit leads
6
Binance leads
Current Rate Comparison
| Asset | Bybit (ann.) | Binance (ann.) | Spread (bps) | Best Venue |
|---|---|---|---|---|
| BNB | -11.53% | +7.28% | -1.7 | binance |
| Cardano | -4.87% | +10.95% | -1.4 | binance |
| Dogecoin | +1.94% | +10.95% | -0.8 | binance |
| Solana | +10.95% | +3.88% | +0.7 | bybit |
| Chainlink | +6.61% | +0.85% | +0.5 | bybit |
| Ethereum | -0.94% | +4.32% | -0.5 | binance |
| XRP | -1.02% | +2.64% | -0.3 | binance |
| Bitcoin | +2.18% | -0.13% | +0.2 | bybit |
| Polkadot | +2.60% | +0.55% | +0.2 | bybit |
| Avalanche | -4.21% | -2.30% | -0.2 | binance |
Detailed Breakdown
Bitcoin BTC/USDT
Spread: 0.2 bps
Bybit: +2.18%
Binance: -0.13%
Ethereum ETH/USDT
Spread: -0.5 bps
Bybit: -0.94%
Binance: +4.32%
Solana SOL/USDT
Spread: 0.7 bps
Bybit: +10.95%
Binance: +3.88%
BNB BNB/USDT
Spread: -1.7 bps
Bybit: -11.53%
Binance: +7.28%
XRP XRP/USDT
Spread: -0.3 bps
Bybit: -1.02%
Binance: +2.64%
Dogecoin DOGE/USDT
Spread: -0.8 bps
Bybit: +1.94%
Binance: +10.95%
Chainlink LINK/USDT
Spread: 0.5 bps
Bybit: +6.61%
Binance: +0.85%
Avalanche AVAX/USDT
Spread: -0.2 bps
Bybit: -4.21%
Binance: -2.30%
Polkadot DOT/USDT
Spread: 0.2 bps
Bybit: +2.60%
Binance: +0.55%
Cardano ADA/USDT
Spread: -1.4 bps
Bybit: -4.87%
Binance: +10.95%
Why Compare Exchange Funding Rates?
Funding rates can differ significantly between exchanges. These spreads create arbitrage opportunities — a trader can go short on the exchange with higher funding and long on the exchange with lower funding, capturing the difference.
Even without cross-exchange arbitrage, comparing rates helps you choose the best venue for a carry trade. If you're planning to collect funding by shorting a perp, you want the exchange paying the highest rate.
FundingKai updates this comparison every 8 hours with live data from both Bybit and Binance.