Head to head
the arrow points to the better figure| Extended | Binance | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $10.01 |
| $626 | ◀BTC trade, $1M | $1,071 |
| $9.0M | BTC book depth▶ | $12.6M |
| 0.025%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $502.3M | Volume 24h▶ | $52.23B |
| $427.8M | Volume, 7-day average▶ | $54.40B |
| $202.7Mlongs + shorts | Open interest | $33.94Bone side |
| $119.2M | TVL | — |
| Markets | ||
| 308 | Markets▶ | 788 |
| 130 | Stocks & RWA▶ | 217 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0088% | BTC funding /8h | +0.0021% |
| +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 | $10010.0 bp |
| $1M | $6266.3 bp | $1,07110.7 bp |
| $5M | $13,01526.0 bp | $6,75413.5 bp |
BTC 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% | +0.0152% | +0.0112% | −$16 |
| XAG | +0.0032% | +0.0111% | +0.0079% | −$11 |
| CL | +0.0032% | 0.0000% | +0.0032% | +$13 |
| SKHYNIX | 0.0000% | 0.0000% | 0.0000% | −$17 |
| COPPER | +0.0032% | 0.0000% | +0.0032% | −$21 |
| BZ | −0.0504% | −0.0199% | +0.0305% | +$9 |
| NATGAS | +0.0728% | +0.0895% | +0.0167% | −$16 |
| SPCX | 0.0000% | 0.0000% | 0.0000% | −$16 |
| MU | +0.0032% | +0.0011% | +0.0021% | −$11 |
| CRCL | 0.0000% | +0.0001% | +0.0001% | −$19 |
| AMZN | +0.0120% | +0.0116% | +0.0004% | −$26 |
| SNDK | +0.0136% | +0.0162% | +0.0026% | −$29 |
| NVDA | +0.0032% | +0.0170% | +0.0138% | −$21 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$20 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$21 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$69 |
| MSTR | +0.0032% | 0.0000% | +0.0032% | −$12 |
| GOOGL | +0.0272% | +0.0274% | +0.0002% | −$18 |
| META | 0.0000% | 0.0000% | 0.0000% | −$21 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$29 |
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 · SNXX · SOXS · SPY · SKY · NIULAI · ZHIPU · RLC · CAP · AIN · HUMA · CAKE · BR · BTCDOM · ZAMA · LAB · HK1810 · CC · NMR · 0G · NIGHT · ARX · PYTH · RATS · BEAM · FORM · LSK · AT · BNC · RAY · ONE · SYRUP · BULLA · KAVA · ALLO · SENT · SIREN · HK0700 · KOMA · MUU · JST · VELODROME · BIO · ZEST · SQQQ · XPIN · B2 · COTI · SYN · C · 4 · ACE · PHA · 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 308 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: 3 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 $502.3M, Binance $52.23B. Open interest as each reports it: $202.7M and $33.94B. 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.

