Head to head
the arrow points to the better figure| Extended | Binance | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $10.01 |
| $609 | ◀BTC trade, $1M | $1,192 |
| $11.6M | BTC book depth≈ | $12.0M |
| 0.025%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $491.1M | Volume 24h▶ | $49.79B |
| $427.8M | Volume, 7-day average▶ | $54.40B |
| $202.8Mlongs + shorts | Open interest | $33.96Bone 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 | +0.0029% |
| +0.688% | BTC longs paid, 30d | +0.415% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Extended | Binance |
|---|---|---|
| $1k | $0.515.1 bp | $1.0010.0 bp |
| $10k | $5.125.1 bp | $10.0110.0 bp |
| $100k | $51.165.1 bp | $10410.4 bp |
| $1M | $6096.1 bp | $1,19211.9 bp |
| $5M | $9,35218.7 bp | $7,40614.8 bp |
LIT 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 | +0.0112% | +0.0201% | +0.0089% | −$16 |
| XAG | +0.0032% | +0.0183% | +0.0151% | −$12 |
| CL | +0.0032% | 0.0000% | +0.0032% | +$13 |
| SKHYNIX | −0.0136% | −0.0148% | +0.0012% | −$12 |
| COPPER | +0.0032% | 0.0000% | +0.0032% | −$25 |
| BZ | −0.0616% | −0.0282% | +0.0334% | +$9 |
| NATGAS | +0.0600% | +0.0975% | +0.0375% | −$17 |
| MU | +0.0032% | +0.0010% | +0.0022% | −$10 |
| SPCX | −0.0104% | −0.0104% | 0.0000% | −$17 |
| META | 0.0000% | 0.0000% | 0.0000% | −$20 |
| SNDK | +0.0400% | +0.0181% | +0.0219% | −$13 |
| NVDA | +0.0032% | +0.0143% | +0.0111% | −$20 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$20 |
| AMZN | +0.0112% | +0.0114% | +0.0002% | −$22 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$17 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$21 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$17 |
| MSTR | +0.0032% | 0.0000% | +0.0032% | −$12 |
| GOOGL | +0.0224% | +0.0225% | +0.0001% | −$18 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$24 |
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 · TQQQ · MUBARAK · SNXX · SOXS · SPY · NIULAI · SKY · ZHIPU · RLC · AIN · CAP · HUMA · CAKE · BTCDOM · ZAMA · LAB · NMR · BR · HK1810 · CC · 0G · NIGHT · PYTH · ARX · RATS · BEAM · LSK · FORM · AT · BNC · RAY · BULLA · ONE · SYRUP · KAVA · ALLO · SENT · MUU · HK0700 · JST · SIREN · VELODROME · BIO · KOMA · SQQQ · ZEST · XPIN · B2 · SYN · TRB · COTI · C · 4 · ACE · UAI · 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 $13 left after costs.
Which is bigger, Extended or Binance?
24-hour volume: Extended $491.1M, Binance $49.79B. Open interest as each reports it: $202.8M and $33.96B. 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.