Bluefin vs Binance
Binance traded 93831× Bluefin's 24-hour volume ($88.80B vs $946K) and holds 39115× its open interest.
Head to head
the arrow points to the better figure| Bluefin | Binance | |
|---|---|---|
| Trading | ||
| $13.98 | BTC trade, $10k▶ | $10.01 |
| — | BTC trade, $1M | $1,159 |
| $158K | BTC book depth▶ | $14.5M |
| 0.035%/0.010% | ◀Taker / maker | 0.050%/0.020% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $946K | Volume 24h▶ | $88.80B |
| $827K | Volume, 7-day average▶ | $60.90B |
| $744K | Open interest▶ | $29.08B |
| $1.5M | TVL | — |
| Markets | ||
| 8 | Markets▶ | 800 |
| 1 | Stocks & RWA▶ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +2.207% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| $BLUE | Token | $BNB |
| — | Airdrop | — |
Cost to trade BTC
| Size | Bluefin | Binance |
|---|---|---|
| $1k | $1.3613.6 bp | $1.0010.0 bp |
| $10k | $13.9814.0 bp | $10.0110.0 bp |
| $100k | $24524.5 bp | $10010.0 bp |
| $1M | — | $1,15911.6 bp |
| $5M | — | $7,82715.7 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 8
funding /8h · Net 7d at $10k| Asset | Bluefin | Binance | Spread | Net 7d |
|---|---|---|---|---|
| SUI | +0.0100% | +0.0023% | +0.0075% | −$63 |
| HYPE | +0.2371% | +0.0100% | +0.2238% | +$1 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$21 |
| DEEP | −0.0263% | +0.0100% | — | — |
| SOL | +0.0100% | +0.0076% | — | — |
| WAL | +0.0026% | +0.0047% | +0.0053% | −$1,886 |
| ETH | −0.0035% | +0.0100% | — | — |
Only on Bluefin: 0
Only on Binance: 748
ZEC · SPCX · XRP · SNDK · SOXL · BNB · SKHYNIX · XAG · MU · GOOGL · CL · DOGE · NEAR · BZ · WLFI · UNI · INTC · QQQ · SKHY · PAXG · CRCL · PEPE · KORU · MSTR · ASTER · ENA · LINK · ANTHROPIC · BCH · NVDA · TRX · AVAX · ADA · WLD · LTC · PUMP · XMR · XAUT · AAVE · AIN · TAO · SOXS · AAPL · LIT · TSLA · ONDO · FIL · TRUMP · DRAM · TQQQ · BIANRENSHENG · SPY · NBIS · ARB · CAP · FF · XPL · XLM · SNXX · ZRO · and 688 more
Questions
Is Bluefin or Binance cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $13.98 on Bluefin and $10.01 on Binance right now, taker fee and order-book slippage together, so Binance is cheaper. Taker fees: 0.035% and 0.05%.
Which has more markets, Bluefin or Binance?
Bluefin lists 8 active markets and Binance 800; 8 assets trade on both, 1 of them stocks, commodities or other real-world assets.
Does Bluefin or Binance require KYC?
Bluefin: No ID (deposit addresses are sanctions-screened); not for the US, Canada, retail UK or sanctioned countries. Binance: Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Can you arbitrage funding between Bluefin and Binance?
Yes: 1 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 HYPE, long on Binance and short on Bluefin, with $1 left after costs.
Which is bigger, Bluefin or Binance?
24-hour volume: Bluefin $946K, Binance $88.80B. Open interest as each reports it: $744K and $29.08B. TVL: $1.5M and none published.

