BTC Basis on Bybit
BTC cash-and-carry opportunity on Bybit, with detailed metrics and comparison to other exchanges.
Current BTC cash-and-carry opportunity on Bybit. Model-adjusted APR accounts for fees, slippage, and trust haircuts.
Model-Adjusted APR
-30.0%
Model-derived annualized estimate based on current basis conditions, after fees, slippage, and trust adjustments.
Gross APR
97.0%
Before execution costs
Days to Expiry
61 days
Dual-Leg Capacity
$200
Estimated deployable
Contract Details
Opportunity Breakdown
Contract Type
Quarterly
Settlement
Inverse (Coin)
Trust Quality
unavailable
Expiry Date
6/26/2026
Future Symbol
BTCUSDM26
Coverage Grade
insufficient
This is an inverse contract. Settlement uses the underlying asset as margin, which adds settlement risk. FYOS applies additional haircuts for inverse contracts.
Snapshot updated Apr 26, 2026, 12:14 AM UTC. Model-Adjusted APR is a model-derived estimate and should be read as scenario guidance, not execution certainty.
Frequently Asked Questions
Basis Trading FAQ
What is the current BTC basis rate on Bybit?
The current BTC basis on Bybit is -30.0% model-adjusted APR with 61 days to expiry. Gross APR before costs is 97.0%.
What type of BTC contract is this?
This is a Quarterly inverse contract expiring in 61 days. Inverse contracts use the asset as margin, adding settlement risk.
How much capital can be deployed in this BTC basis trade?
The estimated dual-leg capacity is $200. This represents the minimum of spot and futures capacity and limits position sizing.
How does Bybit compare to other exchanges for BTC basis?
BTC basis opportunities are also available on Binance, Binance. Compare model-adjusted APRs to find the best risk-adjusted opportunity.