Head-to-head
Backpack vs. Bybit
Data as of Oct 31, 2026
| Criterion | ||
|---|---|---|
| Score | 52.9 | 85.5Best |
| Regulation | VARA | MiCA-CASP, VARA |
| Trading Cost | 0.18 %Best | 0.2 % |
| Spread | 0.0129 bpsBest | 0.0129 bpsBest |
| Reported 24h Volume | $5M | $1.1BBest |
| Market Breadth | 88 markets | 520 marketsBest |
FAQ
Frequently Asked Questions
Which broker scores higher, Backpack or Bybit?
Bybit scores higher: 85.5 vs. 52.9 for Backpack.
Which broker has the lower trading costs, Backpack or Bybit?
Backpack has the lower trading costs: 0.18 % vs. 0.2 % for Bybit.
Which broker has the narrower spread, Backpack or Bybit?
For the spread, Backpack shows 0.0129 bps and Bybit shows 0.0129 bps.
Which broker has the higher reported 24h volume, Backpack or Bybit?
Bybit has the higher reported 24h volume: $1.1B vs. $5M for Backpack.
Which broker offers the greater market breadth, Backpack or Bybit?
Bybit offers the greater market breadth: 520 markets vs. 88 markets for Backpack.
Is Backpack regulated?
Backpack is regulated by VARA.
Is Bybit regulated?
Bybit is regulated by MiCA-CASP, VARA.