Lower Fees
0.055
%
Taker Fee ·
Bybit
Higher Volume
$13.18B
Taker Fee ·
Bybit
More Leverage
125x
Taker Fee ·
Bybit
Higher Rating
9.4
/10
Taker Fee ·
Bybit
Rating
About
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.
Kraken, founded in 2011 by Jesse Powell, is a top choice for US-based perpetuals traders, offering unmatched regulatory compliance.
Headquartered in San Francisco, Kraken serves 10M+ users globally, providing spot, margin (up to 5x), futures trading, staking, and institutional-grade services.
Licensed by major regulators including the US MSB and UK's FCA, Kraken secures funds through audited Proof of Reserves, SOC 2 certification, and ISO 27001 standards.
Volume & Liquidity
Bybit | Kraken | ||
|---|---|---|---|
Perpetuals Volume (24H) | $13.18B | $437.15M | |
Crypto Options Volume (24H) | $734.28M | $0 | |
Open Interest (24H) | $9.55B | $240.66M |
Fees & Costs
Bybit | Kraken | ||
|---|---|---|---|
Taker Fees | 0.055 % | 0.05 % | |
Maker Fees | 0.02 % | 0.02 % |
Live Funding Rates
BTC Funding Rate
USDT Settlement
Bybit
0.0005%
Kraken
-0.0001%
ETH Funding Rate
USDT Settlement
Bybit
-0.0014%
Kraken
-0.0006%
SOL/USDT
USDT Settlement
Bybit
-0.0057%
Kraken
-0.0012%
BNB/USDT
USDT Settlement
Bybit
-0.0013%
Kraken
-0.0001%
Trading Features
Bybit | Kraken | ||
|---|---|---|---|
Perpetual Contract Types | USDT & USDC Settled | USDC and USDT | |
Available Leverage | 125x | 50x | |
Spot Assets | 1800 | 369 |
Regulation & Trust
Bybit | Kraken | ||
|---|---|---|---|
Regulation | CySEC (Cyprus), VARA (Dubai), FSA (Kazakhstan), and VASP (Georgia) | Tier-1 Regulators including FCA (UK), BaFin (Germany), CySEC (Cyprus), DASP (France), MSB (USA & Canada), AUSTRAC (Australia), and 8 more | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 160+ | 150+ | |
Total Users | 67 Million | 15 Million | |
Headquarters | Dubai, United Arab Emirates | United Arab Emirates |
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