Arcus vs Deribit
Deribit traded 14× Arcus's 24-hour volume ($8.50B vs $606.7M) and holds 19× its open interest.
Head to head
the arrow points to the better figure| Arcus | Deribit | |
|---|---|---|
| Trading | ||
| $5.02 | ◀BTC trade, $10k | $7.08 |
| $623 | ◀BTC trade, $1M | $1,108 |
| $3.2M | BTC book depth▶ | $24.1M |
| 0.022%/0.000% | ◀Taker / maker | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $606.7M | Volume 24h▶ | $8.50B |
| $460.8M | Volume, 7-day average▶ | $3.84B |
| $74.8M | Open interest▶ | $1.40B |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 136 |
| 36 | Stocks & RWA≈ | 36 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | 0.0000% |
| — | BTC longs paid, 30d | +0.421% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Arcus | Deribit |
|---|---|---|
| $1k | $0.454.5 bp | $0.717.1 bp |
| $10k | $5.025.0 bp | $7.087.1 bp |
| $100k | $52.875.3 bp | $76.247.6 bp |
| $1M | $6236.2 bp | $1,10811.1 bp |
| $5M | — | $12,29224.6 bp |
HYPE funding per day
pair pageSize
daily, since Jul 1Volume by asset class
last yearOn both: 43
funding /8h · Net 7d at $10k| Asset | Arcus | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| QQQ | +0.0038% | 0.0000% | +0.0038% | −$32 |
| NVDA | +0.0038% | +0.0223% | +0.0185% | −$29 |
| GOOGL | +0.0038% | 0.0000% | +0.0038% | −$14 |
| SPY | +0.0038% | 0.0000% | +0.0038% | −$49 |
| AMZN | +0.0038% | 0.0000% | +0.0038% | −$14 |
| MU | +0.0038% | 0.0000% | +0.0038% | −$12 |
| META | +0.0038% | 0.0000% | +0.0038% | −$21 |
| AAPL | +0.0038% | 0.0000% | +0.0038% | −$18 |
| SNDK | +0.0038% | 0.0000% | +0.0038% | −$23 |
| SPCX | +0.0038% | 0.0000% | +0.0038% | +$1 |
| CRCL | +0.0038% | +0.0846% | +0.0808% | −$69 |
| TSLA | +0.0038% | +0.0094% | +0.0056% | −$31 |
| MSFT | +0.0038% | +0.0094% | +0.0056% | −$24 |
| INTC | +0.0038% | +0.0120% | +0.0082% | −$21 |
| HOOD | +0.0038% | +0.0303% | +0.0265% | −$56 |
| DRAM | +0.0038% | 0.0000% | +0.0038% | −$6 |
| AMD | +0.0038% | +0.0386% | +0.0348% | −$10 |
| MSTR | +0.0038% | −0.0073% | +0.0111% | $0 |
| NBIS | +0.0038% | +0.0149% | +0.0111% | −$46 |
| SKHY | +0.0038% | +0.0269% | +0.0231% | −$27 |
Only on Arcus: 17
GLD · USO · SLV · GME · CASHCAT · USAR · PONS · BABA · ORCL · PLTR · CRWV · BOT · COIN · CPER · USELESS · MRNA · QNT
Only on Deribit: 91
PAXG · AVAX · XAU · XAG · LTC · EURC · HBAR · TRX · XLM · ADA · COIN50 · WLD · BZ · BCH · ARB · TRUMP · EWY · CRV · SOXL · ONDO · DOT · TSM · CL · WIF · FET · VVV · OPENAI · PEPE · ANTHROPIC · ASTER · FIL · INJ · MON · XPL · LITE · ICP · RENDER · STRK · POL · CBRS · VIRTUAL · ALGO · SEI · JUP · PENDLE · LDO · APE · APT · MOG · KORU · DASH · ETHFI · BILL · INX · PYTH · SHIB · ATOM · AVGO · S · AERO · and 31 more
Questions
Is Arcus or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.02 on Arcus and $7.08 on Deribit right now, taker fee and order-book slippage together, so Arcus is cheaper. Taker fees: 0.0225% and 0.035%.
Which has more markets, Arcus or Deribit?
Arcus lists 60 active markets and Deribit 136; 43 assets trade on both, 22 of them stocks, commodities or other real-world assets.
Does Arcus or Deribit require KYC?
Arcus: No ID; not available in the US, Canada, the UK or sanctioned regions. Deribit: ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Can you arbitrage funding between Arcus and Deribit?
Yes: 7 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was FARTCOIN, long on Deribit and short on Arcus, with $19 left after costs.
Which is bigger, Arcus or Deribit?
24-hour volume: Arcus $606.7M, Deribit $8.50B. Open interest as each reports it: $74.8M and $1.40B. TVL: $43.8M and none published.