Head to head
the arrow points to the better figure| QFEX | Binance | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $10.01 |
| — | BTC trade, $1M | $1,159 |
| — | BTC book depth | $14.5M |
| 0.050%/0.020% | Taker / maker≈ | 0.050%/0.020% |
| 30x | Max leverage▶ | 150x |
| Size | ||
| $540.2M | Volume 24h▶ | $87.92B |
| $400.0M | Volume, 7-day average▶ | $60.90B |
| $356.2Mlongs + shorts | Open interest | $28.85Bone side |
| — | TVL | — |
| Markets | ||
| 236 | Markets▶ | 800 |
| 225 | Stocks & RWA≈ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| — | BTC funding /8h | +0.0100% |
| — | BTC longs paid, 30d | +0.481% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 114
funding /8h · Net 7d at $10kOnly on QFEX: 111
NAS100 · SP500 · TLT · NIKKEI · IBIT · RSP · VLO · XLF · ICE · LMT · TMO · ABVX · NEM · IGV · DLR · TAIEX · BUG · EQIX · RTX · ZBRA · DUOL · RVMD · ILMN · NU · BA · MXL · FXF · HUBS · NOC · LULU · JBL · BITU · XMTR · COPX · NCLD · LSCC · TJX · ZROZ · HSAI · IMTX · ASST · QNT · GNRC · USDE · B · WPM · URANIUM · RIOT · AEHR · MTCH · DXYZ · CCJ · NVTS · PURR · WULF · CGNX · BB · LUNR · WOLF · CHYM · and 51 more
Only on Binance: 642
BTC · ETH · SOL · ZEC · XRP · HYPE · BNB · SKHYNIX · DOGE · NEAR · WLFI · UNI · QQQ · PAXG · PEPE · KORU · ASTER · SUI · ENA · LINK · BCH · TRX · AVAX · ADA · WLD · LTC · PUMP · XMR · XAUT · AAVE · AIN · TAO · LIT · ONDO · FIL · TRUMP · BIANRENSHENG · SPY · TQQQ · ARB · CAP · FF · XPL · XLM · ZRO · INJ · EWY · DOT · PENGU · SAMSUNG · SNXX · AERO · HBAR · VVV · QNT · FET · ICP · ETHFI · KITE · IDOL · and 582 more
Questions
Which has more markets, QFEX or Binance?
QFEX lists 236 active markets and Binance 800; 114 assets trade on both, 114 of them stocks, commodities or other real-world assets.
Does QFEX or Binance require KYC?
QFEX: No KYC to trade; access is by invite code. Binance: Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Can you arbitrage funding between QFEX and Binance?
Yes: 1 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 SOXL, long on QFEX and short on Binance, with $22 left after costs.
Which is bigger, QFEX or Binance?
24-hour volume: QFEX $540.2M, Binance $87.92B. Open interest as each reports it: $356.2M and $28.85B. QFEX reports open interest as longs plus shorts, both sides of every position; Binance reports one side. For the same positions QFEX's figure reads about twice as large.