Head to head
the arrow points to the better figure| GMX | Binance | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $10.01 |
| — | BTC trade, $1M | $1,159 |
| — | BTC book depth | $14.5M |
| 0.060%/0.040% | Taker / maker▶ | 0.050%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $68.5M | Volume 24h▶ | $88.87B |
| $62.5M | Volume, 7-day average▶ | $60.90B |
| $48.6Mlongs + shorts | Open interest | $29.06Bone side |
| $203.8M | TVL | — |
| Markets | ||
| 124 | Markets▶ | 800 |
| 8 | Stocks & RWA▶ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| L +0.0192% / S −0.0170% | BTC funding /8h | +0.0100% |
| +1.294% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| $GMX | Token | $BNB |
| Not active | Airdrop | — |
Cost to trade BTC
| Size | GMX | Binance |
|---|---|---|
| $1k | — | $1.0010.0 bp |
| $10k | — | $10.0110.0 bp |
| $100k | — | $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: 98
funding /8h · Net 7d at $10k| Asset | GMX | Binance | Spread | Net 7d |
|---|---|---|---|---|
| BTC | L +0.0192% / S −0.0170% | +0.0100% | +0.0070% | — |
| ETH | L +0.0225% / S −0.0204% | +0.0100% | +0.0104% | — |
| SOL | L +0.0129% / S −0.0122% | +0.0076% | +0.0046% | — |
| LINK | L +0.0192% / S −0.0146% | +0.0100% | +0.0046% | — |
| SUI | L +0.0487% / S −0.0191% | +0.0025% | +0.0166% | — |
| XRP | L +0.0336% / S −0.0214% | +0.0100% | +0.0114% | — |
| ONDO | L +0.0428% / S −0.0145% | +0.0100% | +0.0045% | — |
| VVV | L +0.0328% / S −0.0153% | −0.0224% | +0.0377% | — |
| XMR | L +0.0846% / S −0.0757% | +0.0376% | +0.0381% | — |
| ZEC | L −0.0140% / S +0.0167% | +0.0100% | +0.0240% | — |
| ARB | L +0.0074% / S +0.0018% | −0.0046% | +0.0027% | — |
| DOGE | L +0.0196% / S −0.0117% | +0.0100% | +0.0017% | — |
| GMX | L +0.0345% / S −0.0135% | +0.0100% | +0.0035% | — |
| AVAX | L +0.0368% / S −0.0084% | +0.0027% | +0.0057% | — |
| HYPE | L +0.0121% / S −0.0098% | +0.0100% | −0.0002% | — |
| NEAR | L +0.0384% / S −0.0052% | +0.0100% | −0.0048% | — |
| ADA | L +0.0535% / S −0.0248% | +0.0071% | +0.0177% | — |
| TAO | L +0.0330% / S −0.0184% | +0.0100% | +0.0084% | — |
| AAVE | L +0.0316% / S −0.0149% | +0.0100% | +0.0049% | — |
| CVX | L +0.0113% / S +0.0105% | −0.0032% | −0.0073% | — |
Only on Binance: 658
SNDK · SOXL · SKHYNIX · MU · GOOGL · INTC · SKHY · PAXG · CRCL · KORU · MSTR · ANTHROPIC · NVDA · XAUT · AIN · SOXS · AAPL · TSLA · DRAM · TQQQ · BIANRENSHENG · NBIS · CAP · FF · SNXX · EWY · SAMSUNG · META · AMD · MSFT · QNT · ETHFI · MRVL · KITE · ARIA · AVGO · IDOL · CRWV · COIN · BEAM · PONS · BTW · ETC · BTCDOM · UNITREE · ZHIPU · INTW · BMNR · STRK · GRAM · LITE · PIEVERSE · ORCL · BABA · AMZN · TSM · NIULAI · EVAA · BE · OPENAI · and 598 more
Questions
Which has more markets, GMX or Binance?
GMX lists 124 active markets and Binance 800; 98 assets trade on both, 8 of them stocks, commodities or other real-world assets.
Does GMX or Binance require KYC?
GMX: No ID. Binance: Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Can you arbitrage funding between GMX and Binance?
Not profitably right now: none of the 98 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, GMX or Binance?
24-hour volume: GMX $68.5M, Binance $88.87B. Open interest as each reports it: $48.6M and $29.06B. GMX reports open interest as the sum of its traders' longs and shorts; Binance reports one side. For the same positions GMX's figure reads about twice as large. TVL: $203.8M and none published.