Head to head
the arrow points to the better figure| Injective | Binance | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $10.01 |
| — | BTC trade, $1M | $1,159 |
| — | BTC book depth | $14.5M |
| 0.000%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $34.1M | Volume 24h▶ | $88.29B |
| $48.7M | Volume, 7-day average▶ | $60.90B |
| $3.3Mlongs + shorts | Open interest | $28.83Bone side |
| — | TVL | — |
| Markets | ||
| 297 | Markets▶ | 800 |
| 123 | Stocks & RWA▶ | 235 |
| — | Funding paid every | 1h or 4h or 8h |
| −0.0025% | BTC funding /8h | +0.0100% |
| +1.261% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| $INJ | Token | $BNB |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 0
funding /8h · Net 7d at $10kOnly on Injective: 0
Only on Binance: 756
BTC · ETH · SOL · ZEC · XAU · SPCX · XRP · SNDK · HYPE · SOXL · BNB · SKHYNIX · XAG · MU · GOOGL · CL · DOGE · NEAR · BZ · WLFI · UNI · INTC · QQQ · SKHY · PAXG · CRCL · PEPE · KORU · SUI · ASTER · MSTR · ENA · LINK · ANTHROPIC · BCH · NVDA · TRX · AVAX · ADA · WLD · LTC · PUMP · XMR · XAUT · AAVE · AIN · SOXS · TAO · AAPL · LIT · TSLA · ONDO · FIL · TRUMP · DRAM · BIANRENSHENG · TQQQ · NBIS · SPY · ARB · and 696 more
Questions
Which has more markets, Injective or Binance?
Injective lists 297 active markets and Binance 800; 0 assets trade on both.
Does Injective or Binance require KYC?
Injective: No ID on Helix (email, Google or a wallet); Injective's terms block the UK, Canada, Russia, Belarus and sanctioned countries. Binance: Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Can you arbitrage funding between Injective and Binance?
Not profitably right now: none of the 0 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Injective or Binance?
24-hour volume: Injective $34.1M, Binance $88.29B. Open interest as each reports it: $3.3M and $28.83B. Injective reports open interest as longs plus shorts, both sides of every position; Binance reports one side. For the same positions Injective's figure reads about twice as large.

