Head to head
the arrow points to the better figure| Aster | Reya | |
|---|---|---|
| Trading | ||
| $8.02 | BTC trade, $10k | — |
| $1,124 | BTC trade, $1M | — |
| $39.6M | BTC book depth | — |
| 0.040%/0.000% | Taker / maker▶ | 0.030%/0.030% |
| 300x | ◀Max leverage | 40x |
| Size | ||
| $2.25B | ◀Volume 24h | $5.6M |
| $1.68B | ◀Volume, 7-day average | $4.7M |
| $1.37Bone side | Open interest | $1.8Mlongs + shorts |
| $505.4M | ◀TVL | $9.9M |
| Markets | ||
| 599 | ◀Markets | 31 |
| 146 | ◀Stocks & RWA | 19 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0206% |
| +0.575% | BTC longs paid, 30d | +0.734% |
| Access | ||
| No ID | KYC | No ID |
| $ASTER | Token | $REYA |
| Stage 5 | Airdrop | Active |
Cost to trade BTC
| Size | Aster | Reya |
|---|---|---|
| $1k | $0.808.0 bp | — |
| $10k | $8.028.0 bp | — |
| $100k | $91.189.1 bp | — |
| $1M | $1,12411.2 bp | — |
| $5M | $9,16418.3 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 34
funding /8h · Net 7d at $10k| Asset | Aster | Reya | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0206% | +0.0106% | — |
| SOL | +0.0100% | −0.0238% | +0.0338% | — |
| ETH | +0.0100% | +0.0100% | 0.0000% | — |
| HYPE | +0.0100% | +0.0100% | 0.0000% | — |
| AAVE | +0.0100% | +0.0100% | — | — |
| LIT | +0.0058% | +0.0100% | — | — |
| LINK | +0.0100% | −0.0083% | — | — |
| XRP | +0.0100% | −0.0319% | — | — |
| NEAR | +0.0100% | +0.0100% | — | — |
| PUMP | +0.0100% | −0.0641% | +0.0741% | — |
| BNB | +0.0100% | +0.0100% | — | — |
| SUI | +0.0100% | −0.0378% | — | — |
| ENA | +0.0100% | +0.0100% | — | — |
| UNI | +0.0100% | +0.0100% | — | — |
| DOGE | +0.0100% | +0.0100% | — | — |
Only on Aster: 535
ASTER · WLFI · SNDK · SKHYNIX · SOXL · ZEC · KITE · GPRO · BZ · BULLA · PREDICT · KORU · SYN · IDOL · AVAX · AGT · CAKE · ACN · TAO · MOONSHOT · AIN · BNC · OURA · LTC · EVAA · BIANRENSHENG · SQQQ · LYN · PAXG · JCT · ATOM · OPENAI · XMR · LUMIA · STRC · BAT · DOT · WLD · FF · PLAY · GRAM · ETC · ADA · TRX · DNA · PEPE · ZEREBRO · XLM · NATGAS · COIN · B · UNITREE · LONGXIA · ESPORTS · ONDO · MAGMA · XNY · EWY · BRKB · HUMA · and 475 more
Only on Reya: 0
Questions
Which has more markets, Aster or Reya?
Aster lists 599 active markets and Reya 31; 34 assets trade on both, 19 of them stocks, commodities or other real-world assets.
Does Aster or Reya require KYC?
Aster: No ID to trade (the terms keep a right to limited checks); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. Reya: No ID, wallet connect only; Reya publishes no terms or country list.
Can you arbitrage funding between Aster and Reya?
Not profitably right now: none of the 34 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Aster or Reya?
24-hour volume: Aster $2.25B, Reya $5.6M. Open interest as each reports it: $1.37B and $1.8M. Reya reports open interest as the sum of its traders' longs and shorts; Aster reports one side. For the same positions Reya's figure reads about twice as large. TVL: $505.4M and $9.9M.
