metaratesBinance or Bybit: where to trade USDT for hryvnia
For the last 7 days we have sampled the best reliable USDT/UAH prices on Binance and Bybit every few minutes. For buying, Binance was cheaper by 0.50% on average (45.33 vs 45.56 UAH), and for selling Binance paid more: 3.42% higher on average (47.51 UAH).
Binance
BybitBelow zero: buying on Binance is cheaper. Above zero: Bybit is cheaper.
A route between the two exchanges
Buying on one exchange and selling on the other at the current best prices, before fees and transfer:
- Buy on Binance, sell on Bybit: +0.77%
- Buy on Bybit, sell on Binance: +3.39%
This is the gap between open prices, not a guaranteed profit: fees, the USDT transfer and timing eat into it. For an exact calculation with your own fees see the arbitrage calculator.
FAQ
Over the last 7 days Binance was cheaper to buy from in about 83% of samples, by 0.50% on average. Right now Binance is cheaper at 45.25 UAH.
Binance paid a higher selling price in 99% of samples. Average sell price over 7 days: Binance 47.51 UAH, Bybit 45.94 UAH.
An open-price gap exists (now 3.4% before fees), but fees, the USDT transfer and timing eat into it. Work out the net result in the calculator before trading.
Several times an hour we read public P2P ads of reliable sellers (50+ trades and 92%+ completion) on each exchange and take the best price.
Data comes from public P2P ads of reliable sellers (50+ trades, 92%+), sampled every few minutes. This is information, not financial advice.