Bybit vs Kraken
A live, data-based comparison of stock tokens and stock perpetuals on Bybit and Kraken; 87 stocks trade on both. Check the venue's live quote and terms before ordering.
Which to choose
- Kraken lists more stock tokens (127 vs 11 on Bybit).
- Bybit lists more stock perpetuals (279 vs 0 on Kraken).
- Of 5 stocks with comparable tokens on both, Kraken has the lower premium to the share price (cheaper to buy) on 4.
Overview
| Overview | Bybit | Kraken |
|---|---|---|
| Spot tokens | 11 | 127 |
| Perpetuals | 279 | 0 |
| Underlyings covered | 279 | 127 |
| Stock token 24h volume | $1.06M | $4.19M |
| Stock perpetual 24h volume | $216.30M | — |
| Token series | xStocks | xStocks |
| Max leverage | 100× | — |
| Stock tokens (maker / taker) | See the official fee page | See the official fee page |
| Stock perpetuals (maker / taker) | Same as standard USDT perpetuals (per Bybit); see the fee page | — |
| Account | KYC required | KYC required |
| Regions excluded by the terms | Mainland China, Hong Kong, Singapore | not yet confirmed |
Fees are base rates for regular users (maker / taker) from the exchanges' public feeds; for venues without a feed, rely on the official fee page. Fee comparison →
Stocks on both venues 87
Of 5 stocks with comparable tokens on both, Bybit has the lower premium on 1 and Kraken on 4. Premiums change constantly; check the live comparison on the stock page before ordering.
| Stock | Premium | Funding rate | ||
|---|---|---|---|---|
| Bybit | Kraken | Bybit | Kraken | |
| · | +0.70% | +0.1017% | · | |
| · | -0.07% | 0.0000% | · | |
| · | -0.24% | +0.0241% | · | |
| · | -1.81% | +0.0205% | · | |
| — | -0.02% | +0.0257% | · | |
| · | +0.04% | +0.0482% | · | |
| · | -0.48% | +0.0375% | · | |
| · | -0.11% | 0.0000% | · | |
| — | +0.06% | 0.0000% | · | |
| — | -0.16% | 0.0000% | · | |
| +0.04% | -0.21% | 0.0000% | · | |
| — | +0.01% | +0.0086% | · | |
| · | -0.17% | 0.0000% | · | |
| · | +2.61% | +0.0289% | · | |
| · | +0.80% | -0.0345% | · | |
Premium is the lowest among each venue's comparable stock tokens (normalized by shares per token); funding is from the venue's most-traded perpetual. "·" means the venue has no such product; "—" means it has one but the premium cannot be compared.
Popular stocks on only one venue
Only on Bybit:
SKHYNIX
KORU
SOXS
SNXX
DRAM
MUU
UNITREE
EWY
Only on Kraken:
Next steps
Bybit
11 stock tokens · 279 stock perpetuals
- See all stock tokens and perpetuals on Bybit →
- How to Open a Bybit Account: Sign-Up, KYC and Stock Products →
Frequently asked questions
Which has more stock tokens, Bybit or Kraken?
Bybit has 11 stock tokens and 279 stock perpetuals; Kraken has 127 stock tokens and 0 stock perpetuals. 87 stocks trade on both.
Is the same stock cheaper on Bybit or Kraken?
Of 5 stocks with comparable tokens on both, Bybit has the lower premium on 1 and Kraken on 4. Premiums change constantly; check the live comparison on the stock page before ordering.
Which regions cannot use Bybit or Kraken?
Bybit: Mainland China, Hong Kong, Singapore. Kraken: not yet confirmed. Rely on the venue's latest terms and local rules.
More exchange comparisons
Market data comes from each venue's public feeds and is for reference only, not investment advice. Stock tokens and stock perpetuals are volatile and high risk, and some venues or products are unavailable in certain countries and regions. Check local rules and the venue's terms before trading.