Head to head
the arrow points to the better figure| Bullet | Binance | |
|---|---|---|
| Trading | ||
| $3.69 | ◀BTC trade, $10k | $10.01 |
| $21,991 | BTC trade, $1M▶ | $1,159 |
| $1.6M | BTC book depth▶ | $14.5M |
| 0.000%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 20x | Max leverage▶ | 150x |
| Size | ||
| $14.8M | Volume 24h▶ | $88.87B |
| $28.0M | Volume, 7-day average▶ | $60.90B |
| $4.2Mlongs + shorts | Open interest | $29.06Bone side |
| — | TVL | — |
| Markets | ||
| 30 | Markets▶ | 800 |
| 14 | Stocks & RWA▶ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.392% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Bullet | Binance |
|---|---|---|
| $1k | $0.222.2 bp | $1.0010.0 bp |
| $10k | $3.693.7 bp | $10.0110.0 bp |
| $100k | $12312.3 bp | $10010.0 bp |
| $1M | $21,991219.9 bp | $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: 28
funding /8h · Net 7d at $10k| Asset | Bullet | Binance | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$13 |
| SOL | −0.0153% | +0.0076% | +0.0229% | −$11 |
| ETH | +0.0056% | +0.0100% | +0.0044% | −$14 |
| LIT | −0.0873% | −0.0043% | +0.0830% | +$46 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$15 |
| RAY | +0.0100% | +0.0100% | 0.0000% | −$54 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$13 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$26 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$20 |
| UNI | +0.0100% | +0.0100% | 0.0000% | — |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$17 |
| PUMP | +0.0070% | +0.0060% | +0.0010% | — |
| ONDO | −0.0084% | +0.0100% | — | — |
| TAO | +0.0099% | +0.0100% | — | — |
| TIA | −0.0445% | −0.0086% | — | — |
| ENA | +0.0100% | +0.0100% | 0.0000% | — |
Only on Binance: 728
SOXL · BNB · GOOGL · WLFI · INTC · QQQ · SKHY · PAXG · CRCL · PEPE · KORU · SUI · MSTR · ASTER · LINK · ANTHROPIC · BCH · TRX · AVAX · ADA · WLD · LTC · XMR · XAUT · AAVE · AIN · SOXS · AAPL · FIL · TRUMP · DRAM · TQQQ · BIANRENSHENG · NBIS · SPY · ARB · CAP · FF · XPL · XLM · SNXX · ZRO · INJ · EWY · DOT · PENGU · SAMSUNG · AERO · META · HBAR · NATGAS · AMD · VVV · MSFT · QNT · FET · ICP · ETHFI · MRVL · KITE · and 668 more
Questions
Is Bullet or Binance cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $3.69 on Bullet and $10.01 on Binance right now, taker fee and order-book slippage together, so Bullet is cheaper. Taker fees: 0% and 0.05%.
Which has more markets, Bullet or Binance?
Bullet lists 30 active markets and Binance 800; 28 assets trade on both, 12 of them stocks, commodities or other real-world assets.
Does Bullet or Binance require KYC?
Bullet: No ID (the terms keep a right to ask); not for US or Singapore residents 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 Bullet and Binance?
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 SKHYNIX, long on Binance and short on Bullet, with $122 left after costs.
Which is bigger, Bullet or Binance?
24-hour volume: Bullet $14.8M, Binance $88.87B. Open interest as each reports it: $4.2M and $29.06B. Bullet reports open interest as longs plus shorts, both sides of every position; Binance reports one side. For the same positions Bullet's figure reads about twice as large.