Compare Bybit vs Coinbase perpetuals: funding rates, fees, open interest, trading volume, liquidity, liquidation data and regulatory compliance updated in real-time.
Bybit, founded in 2018 by Ben Zhou, is the second-largest crypto perpetuals exchange by liquidity and trading volume globally.
Headquartered in Dubai, it serves 60M+ users in 160 regions, providing spot trading, futures, crypto options, staking, and lending across 1,800+ assets.
Bybit holds licenses in UAE, Cyprus, and other tier-1 jurisdictions, secures assets via multi-signature cold storage, and regularly publishes verified Proof of Reserves audits.
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, offers regulated crypto futures through Coinbase Financial Markets (CFM) for US traders, approved by the CFTC.
Internationally, Coinbase provides perpetual futures via Coinbase Advanced, with 90+ markets, up to 20x leverage, and USDC settlement.
Licensed globally (US, UK FCA, Germany BaFin), Coinbase secures funds through audited reserves, NASDAQ-listed transparency, and cold storage custody.
Bybitvs
Coinbase Futures
Live data · Updates every 2 min
Lower Fees
0.055%
Taker Fee · Bybit
Winner BybitHigher Perpetual Volume
$11.37B
24H Perps Volume
More Leverage
125x
Max Leverage · Bybit
Winner BybitHigher Rating
9.4/10
Overall Score · Bybit
Winner BybitRating
Bybit9.4/10VS
6.75/10Coinbase Futures
9
Regulatory Compliance
10
10
Features & Supported Assets
7
9
Trading Fees
3
9.5
Depth & Liquidity
7
Bybit vs Coinbase Futures: Head-to-Head
| Bybit | Coinbase Futures | |
|---|---|---|
| Fees & Costs | ||
Taker Fees | 0.055 % | 0.6 % |
Maker Fees | 0.02 % | 0.4 % |
| Volume & Liquidity | ||
Perpetuals Volume (24H) | $11.37B | — |
Crypto Options Volume (24H) | $1.38B | — |
Open Interest (24H) | $9.52B | — |
| Live Funding Rates | ||
 BTC Funding Rate USDT Settlement | 0.0055% | — |
 ETH Funding Rate USDT Settlement | 0.0100% | — |
 SOL Funding Rate USDT Settlement | 0.0100% | — |
 XRP Funding Rate USDT Settlement | 0.0089% | — |
| Trading Features | ||
Perpetual Contract Types | USDT & USDC Settled | USDC only |
Available Leverage | 125x | 20x |
Spot Assets | 1800 | 285 |
| Regulation & Trust | ||
Regulation | CySEC (Cyprus), VARA (Dubai), FSA (Kazakhstan), and VASP (Georgia) | Tier-1 Regulators including FCA (UK), BaFin (Germany), BitLicense (New York), MAS (Singapore), AUSTRAC (Australia), and VASP (Multiple EU countries) |
Proof of Reserves | ✓ Yes | ✓ Yes |
Supported Countries | 160+ | 100 |
Total Users | 67 Million | 120 Million |
Headquarters | Dubai, United Arab Emirates | San Francisco, United States |
About
Bybit
Coinbase Futures
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