Shared coins, funding divergence and arbitrage events between two exchanges — from QuickRadar data.
Bybit vs Gate is a comparison of two exchanges for arbitrage. Bybit and Gate are large exchanges with spot and perpetual futures, so prices on them diverge more visibly than on smaller venues. QuickRadar puts them side by side: which coins trade on both, how the funding rate differs and how many arbitrage events there were between them. The figures below are recalculated every hour.
QuickRadar compares prices on Bybit and Gate in four ways: spot, futures, basis and funding. The “Last 30 days” block shows how many coins are compared and how that changed day by day. It is a map of where divergences can occur at all; executability depends on fees, order-book depth and deposits and withdrawals.
How many coins do Bybit and Gate share?
The number of coins in the comparison, and of those that stay in it for at least half of the observed days, is in the “Last 30 days” block; the number of shared perpetual contracts is in the “Funding, 7 days” block.
Where does funding on Bybit and Gate diverge the most?
The “Funding, 7 days” block shows the median gap in the average 8-hour rate and the coins where rates diverge the most. When the rate sign differs between the exchanges, longs pay on one while shorts pay on the other.
What counts as an arbitrage event between Bybit and Gate?
A moment when a price divergence passed QuickRadar's liquidity and data-freshness filters. The count for the last 24 hours and the median spread are in the “Last 24 hours” block.
How often are the figures updated?
Hourly. A day closes at 00:00 UTC, and the 30-day series shows how the picture changed day by day.