What HIBT is
HIBT is a spot exchange with a wide listing: by our measurements it carries nearly five hundred pairs against USDT. Turnover on the major coins is meaningful, with bitcoin alone running into hundreds of millions of dollars a day.
A useful trait of the venue is that it publishes not just the best quote but the size behind it. That is uncommon: most exchanges serve a price alone, and from a price there is no telling how large a route can fill.
What is on offer
Spot — nearly five hundred USDT pairs.
Futures — the venue has them, but we found no open programmatic access to the funding rate, so it is absent from funding.
Why not every pair appears in the scanners
HIBT serves its book one pair per request. Walking five hundred pairs within a single refresh is not possible, and substituting the last trade price for a book is something we will not do: you cannot buy at it, and the spread would be fiction.
So for HIBT we keep the top hundred and fifty pairs by turnover under watch and walk them with a dedicated collector in step with the shared snapshot. That is where the venue's volume sits, and beyond it the spread would not fill anyway. Those pairs take part in spot arbitrage, triangular routes and stablecoin monitoring.
Why HIBT routes show a question mark
The exchange does not openly publish its network and withdrawal-fee directory, so we show no transfer status for it, and those rows are hidden while the «working transfers only» filter is on. That reflects what we know, not a closed withdrawal: check the status in the exchange's own account area before trading.
Who it suits
Anyone looking for gaps beyond the largest venues who wants to see not just a percentage but the size it fills at.
