Avantis vs Deribit
Head to head
the arrow points to the better figure| Avantis | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.020%/0.001% | ◀Taker / maker | 0.035%/0.015% |
| 500x | ◀Max leverage | 50x |
| Size | ||
| — | Volume 24h▶ | $12.68B |
| — | Volume, 7-day average | $9.13B |
| $69.9Mlongs + shorts | Open interest | $1.33Bone side |
| $10.6M | TVL | — |
| Markets | ||
| 118 | Markets▶ | 144 |
| 120 | ◀Stocks & RWA | 42 |
| 1h | Funding paid every | 1h |
| L +0.0096% / S −0.0094% | BTC funding /8h | +0.0132% |
| +0.677% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| $AVNT | Token | none yet |
| Season 3 | Airdrop | — |
Cost to trade BTC
| Size | Avantis | Deribit |
|---|---|---|
| $1k | — | $0.717.1 bp |
| $10k | — | $7.067.1 bp |
| $100k | — | $78.347.8 bp |
| $1M | — | $1,46114.6 bp |
| $5M | — | $15,57631.2 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 74
funding /8h · Net 7d at $10k| Asset | Avantis | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | L +0.0096% / S −0.0094% | +0.0196% | +0.0100% | — |
| ETH | L +0.0096% / S −0.0096% | 0.0000% | +0.0096% | — |
| HYPE | L +0.0233% / S +0.0041% | +0.0051% | −0.0092% | — |
| VVV | L −0.0075% / S +0.0166% | −0.0108% | −0.0033% | — |
| SOL | L +0.0142% / S −0.0050% | 0.0000% | — | — |
| AERO | L +0.0237% / S +0.0037% | +0.1930% | — | — |
| SUI | L +0.0146% / S −0.0053% | 0.0000% | — | — |
| BNB | L +0.0146% / S −0.0061% | +0.0200% | — | — |
| DOGE | L +0.0146% / S −0.0054% | 0.0000% | — | — |
| NEAR | L −0.0019% / S +0.0110% | +0.0230% | — | — |
| PUMP | L +0.0237% / S +0.0037% | +0.0001% | — | — |
| AAVE | L +0.0081% / S +0.0011% | 0.0000% | — | — |
| LINK | L +0.0146% / S −0.0054% | 0.0000% | — | — |
| ONDO | L −0.0017% / S +0.0280% | −0.0282% | — | — |
| ZEC | L +0.0078% / S +0.0013% | 0.0000% | — | — |
| AVNT | L +0.0237% / S +0.0040% | 0.0000% | — | — |
| AVAX | L −0.0015% / S +0.0102% | +0.0354% | — | — |
| PENDLE | L +0.0237% / S +0.0025% | 0.0000% | — | — |
| ENA | L +0.0141% / S −0.0050% | +0.0115% | — | — |
| INJ | L +0.0040% / S +0.0051% | −0.0272% | — | — |
Only on Avantis: 98
GBP · USDJPY · EUR · USDCAD · USDCHF · NZD · AUD · AXON · ETH_UPSIDE · BTC_UPSIDE · SOL_UPSIDE · XRP_UPSIDE · ZRO · GOOG · USDSGD · NFLX · USDCNH · XMR · KAITO · BB · USDSEK · COIN · LLY · BABA · RKLB · NOW · WDC · STRC · LRCX · IREN · MRNA · REZ · AMGN · TXN · APP · CSCO · KLAC · PANW · HYPE_UPSIDE · 069500KRW · 005930KRW · BOT · STX · VST · TER · MELI · SOFI · TTWO · USELESS · ASTS · SHOP · INTU · BKNG · ADI · WMT · HON · LIN · MPWR · ADSK · TMUS · and 38 more
Only on Deribit: 68
EURC · PAXG · SOXL · QQQ · UNI · SPY · TRX · GOOGL · ANTHROPIC · ADA · LTC · XLM · DOT · BCH · HBAR · OPENAI · CRV · KORU · DRAM · COIN50 · SOXS · SNXX · SKHY · FIL · TSM · ATOM · ORCL · FET · PEPE · WLFI · ALGO · APT · APE · MERL · DASH · SHIB · STRK · JTO · PNUT · PYTH · BILL · S · ICP · DYDX · ETC · MORPHO · INX · BOME · W · CHIP · BONK · RESOLV · MOG · MEGA · ALT · COMP · PRL · SAGA · OPG · NIGHT · and 8 more
Questions
Which has more markets, Avantis or Deribit?
Avantis lists 118 active markets and Deribit 144; 74 assets trade on both, 29 of them stocks, commodities or other real-world assets.
Does Avantis or Deribit require KYC?
Avantis: No ID; not for US persons 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 Avantis and Deribit?
Not profitably right now: none of the 74 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Avantis or Deribit?
24-hour volume: Avantis {va}, Deribit $12.68B. Open interest as each reports it: $69.9M and $1.33B. Avantis reports open interest as the sum of its traders' longs and shorts; Deribit reports one side. For the same positions Avantis's figure reads about twice as large. TVL: $10.6M and none published.