About Bybit
Why Bybit matters for spread trading
Bybit built its reputation on perpetual futures, and it shows. The exchange consistently ranks top-3 in derivatives open interest. Its funding rates often diverge from Binance, sometimes by several basis points per 8-hour cycle. For basis traders and funding rate arbitrageurs, Bybit is where the opportunities live.
Key Features
Bybit at a glance
Top-3 global derivatives open interest
USDT and USDC-margined perpetuals
Unified margin account system
Deep liquidity on BTC, ETH, SOL pairs
Arbitrage Monitoring
How CryptoGrind monitors Bybit
Bybit's futures prices frequently trade at a premium or discount relative to Binance, especially during high-volatility events. A 0.3% basis on BTC sounds small until you multiply it by leverage and frequency. CryptoGrind tracks Bybit-Binance basis spreads continuously and alerts you the instant they exceed your configured threshold.
Unique Edge
What makes Bybit different
Bybit's copy trading ecosystem means retail flow can push perpetual prices away from fair value faster than on other venues. These dislocations are short-lived but profitable for alert-driven traders.
Spread Types
Supported spread types on Bybit
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