Head to head
the arrow points to the better figure| Extended | Binance | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $10.01 |
| $599 | ◀BTC trade, $1M | $1,149 |
| $12.2M | BTC book depth≈ | $12.5M |
| 0.025%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $499.9M | Volume 24h▶ | $49.69B |
| $427.8M | Volume, 7-day average▶ | $54.40B |
| $203.6Mlongs + shorts | Open interest | $34.06Bone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 788 |
| 130 | Stocks & RWA▶ | 217 |
| 1h | Funding paid every | 1h or 4h or 8h |
| −0.0032% | BTC funding /8h | +0.0033% |
| +0.687% | BTC longs paid, 30d | +0.415% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Extended | Binance |
|---|---|---|
| $1k | $0.545.4 bp | $1.0010.0 bp |
| $10k | $5.375.4 bp | $10.0410.0 bp |
| $100k | $56.445.6 bp | $10110.1 bp |
| $1M | $1,03010.3 bp | $1,21912.2 bp |
| $5M | $12,69925.4 bp | $8,00116.0 bp |
HYPE funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 280
funding /8h · Net 7d at $10k| Asset | Extended | Binance | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0040% | +0.0207% | +0.0167% | −$16 |
| XAG | +0.0032% | +0.0181% | +0.0149% | −$14 |
| CL | +0.0032% | 0.0000% | +0.0032% | +$16 |
| SKHYNIX | −0.0272% | −0.0298% | +0.0026% | −$13 |
| COPPER | +0.0032% | 0.0000% | +0.0032% | −$26 |
| NATGAS | +0.0816% | +0.1072% | +0.0256% | −$15 |
| BZ | −0.0488% | −0.0325% | +0.0163% | +$9 |
| MU | +0.0032% | +0.0008% | +0.0024% | −$5 |
| SPCX | −0.0184% | −0.0185% | +0.0001% | −$17 |
| META | 0.0000% | 0.0000% | 0.0000% | −$18 |
| SNDK | +0.0032% | +0.0119% | +0.0087% | −$27 |
| NVDA | +0.0032% | +0.0130% | +0.0098% | −$11 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$19 |
| AMZN | +0.0064% | +0.0061% | +0.0003% | −$24 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$17 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$20 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$17 |
| MSTR | +0.0032% | 0.0000% | +0.0032% | −$13 |
| GOOGL | +0.0208% | +0.0203% | +0.0005% | −$13 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$23 |
Only on Extended: 46
EUR · SP500 · NAS100 · USDJPY · CASHCAT · PURR · ADI · QNT · JP225 · AMGN · TMUS · BKNG · XEL · SNPS · RGTI · KR200 · LIN · MELI · AXON · CEG · BB · INTU · KIOXIA · FTNT · MPWR · FANG · MKR · CLSK · GFS · SBUX · HON · RIOT · ADSK · AAL · CDW · STLD · CDNS · MCHP · ODFL · ISRG · REGN · TTD · NXPI · GEHC · VRTX · ON
Only on Binance: 461
QQQ · QNT · BIANRENSHENG · FF · LONGXIA · MUBARAK · TQQQ · SOXS · SNXX · SPY · NIULAI · SKY · ZHIPU · RLC · CAP · AIN · HUMA · BR · CAKE · NMR · BTCDOM · ZAMA · LAB · HK1810 · CC · 0G · PYTH · NIGHT · ARX · RATS · BEAM · LSK · FORM · AT · BULLA · BNC · RAY · ONE · SENT · ALLO · KAVA · SYRUP · HK0700 · JST · SYN · MUU · SIREN · BIO · VELODROME · KOMA · ZEST · SQQQ · XPIN · B2 · 4 · TRB · COTI · C · ACE · PHA · and 401 more
Questions
Is Extended or Binance cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.12 on Extended and $10.01 on Binance right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.025% and 0.05%.
Which has more markets, Extended or Binance?
Extended lists 307 active markets and Binance 788; 280 assets trade on both, 86 of them stocks, commodities or other real-world assets.
Does Extended or Binance require KYC?
Extended: No ID (only transaction screening and third-party on-ramps); not for the US, UK, Canada, Hong Kong, Russia 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 Extended and Binance?
Yes: 4 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 CL, long on Binance and short on Extended, with $16 left after costs.
Which is bigger, Extended or Binance?
24-hour volume: Extended $499.9M, Binance $49.69B. Open interest as each reports it: $203.6M and $34.06B. Extended reports open interest as longs plus shorts, both sides of every position; Binance reports one side. For the same positions Extended's figure reads about twice as large. TVL: $119.2M and none published.