Bybit vs Lighter head to head
| Metric | Bybit | Lighter |
|---|---|---|
| Open interest | $6.93B | $501.88M |
| Share of all exchanges tracked | 9.3% | 0.7% |
| Perp volume, 24h | $16.45B | $1.39B |
| Perpetual markets | 796 | 112 |
| OI on the 109 shared coins | $5.70B | $499.09M |
| Avg funding on shared coins / 8h | 0.0026% | 0.0087% |
| Higher funding on | 79 coins | 30 coins |
| OI-weighted funding, all perps / 8h | 0.0067% | 0.0037% |
| Liquidations, last 24 hours | $34.96M | $4,366 |
| Long share of liquidations | 71.1% | 0.0% |
Funding and open interest on shared coins
top 20 of 109 by combined OI| # | Coin | Bybit funding | Lighter funding | Spread / 8h | Bybit OI | Lighter OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0092% | -0.0048% | 0.0140% | $2.37B | $182.24M |
| 2 | ETH | 0.0100% | 0.0096% | 0.0004% | $1.12B | $114.36M |
| 3 | SOL | 0.0100% | 0.0024% | 0.0076% | $407.75M | $13.88M |
| 4 | XRP | 0.0100% | 0.0096% | 0.0004% | $160.15M | $2.06M |
| 5 | HYPE | -0.0219% | -0.0008% | -0.0211% | $131.38M | $13.22M |
| 6 | ZEC | 0.0071% | 0.0096% | -0.0025% | $117.56M | $19.20M |
| 7 | NEAR | -0.0326% | 0.0096% | -0.0422% | $87.25M | $22.05M |
| 8 | DOGE | 0.0100% | 0.0096% | 0.0004% | $71.64M | $617K |
| 9 | LIT | 0.0100% | 0.0096% | 0.0004% | $16.57M | $49.20M |
| 10 | BNB | 0.0100% | 0.0096% | 0.0004% | $59.51M | $3.09M |
| 11 | ENA | 0.0100% | 0.0096% | 0.0004% | $56.37M | $4.54M |
| 12 | LINK | -0.0052% | 0.0048% | -0.0100% | $53.92M | $2.32M |
| 13 | UNI | -0.0132% | 0.0096% | -0.0228% | $44.70M | $3.68M |
| 14 | WLD | 0.0100% | 0.0096% | 0.0004% | $41.91M | $6.18M |
| 15 | SUI | -0.0310% | 0.0096% | -0.0406% | $46.91M | $1.10M |
| 16 | LTC | 0.0039% | 0.0096% | -0.0057% | $45.82M | $1.33M |
| 17 | ONDO | -0.0346% | 0.0096% | -0.0442% | $44.82M | $1.19M |
| 18 | AVAX | 0.0100% | 0.0096% | 0.0004% | $41.68M | $1.33M |
| 19 | AAVE | 0.0100% | 0.0096% | 0.0004% | $35.08M | $5.04M |
| 20 | ADA | 0.0100% | 0.0096% | 0.0004% | $35.27M | $2.22M |
Coverage. Bybit: Every liquidation (allLiquidation stream); OI and funding polled every 30s; USDT and inverse perps. Lighter: Every liquidation on crypto perps (liquidation fills on the public trade stream); OI, volume and funding polled every 60s; added 2026-09-28.
How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the 8-hour equivalent; the spread is Bybit minus Lighter.