Head to head
the arrow points to the better figure| SoDEX | Binance | |
|---|---|---|
| Trading | ||
| $8.13 | ◀BTC trade, $10k | $10.01 |
| $1,041 | ◀BTC trade, $1M | $1,159 |
| $1.5M | BTC book depth▶ | $14.5M |
| 0.040%/0.012% | ◀Taker / maker | 0.050%/0.020% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $246.2M | Volume 24h▶ | $88.80B |
| $259.5M | Volume, 7-day average▶ | $60.90B |
| $291.0Mlongs + shorts | Open interest | $29.08Bone side |
| $64.9M | TVL | — |
| Markets | ||
| 98 | Markets▶ | 800 |
| 44 | Stocks & RWA▶ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.579% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| — | Airdrop | — |
Cost to trade BTC
| Size | SoDEX | Binance |
|---|---|---|
| $1k | $0.818.1 bp | $1.0010.0 bp |
| $10k | $8.138.1 bp | $10.0110.0 bp |
| $100k | $82.278.2 bp | $10010.0 bp |
| $1M | $1,04110.4 bp | $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: 95
funding /8h · Net 7d at $10k| Asset | SoDEX | Binance | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | +0.0100% | 0.0000% | −$7 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$18 |
| XAUT | +0.0050% | +0.0100% | +0.0050% | −$13 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$23 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$32 |
| SOL | +0.0019% | +0.0076% | +0.0057% | −$23 |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$20 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$4 |
| SUI | −0.0069% | +0.0023% | +0.0093% | −$28 |
| TRUMP | +0.0100% | −0.0324% | +0.0424% | −$43 |
| ONDO | +0.0100% | +0.0100% | 0.0000% | −$34 |
| BNB | +0.0100% | +0.0142% | +0.0042% | — |
| QNT | +0.0100% | +0.0100% | 0.0000% | −$47 |
| LTC | +0.0100% | +0.0100% | 0.0000% | — |
| CHZ | +0.0100% | +0.0066% | — | — |
| LIT | +0.0019% | −0.0043% | +0.0062% | −$62 |
| ARB | −0.0037% | −0.0045% | +0.0008% | −$27 |
| ETC | +0.0100% | +0.0100% | — | — |
| WLFI | +0.0100% | +0.0100% | — | — |
| PONS | +0.0100% | +0.0100% | 0.0000% | — |
Only on Binance: 661
XAU · SOXL · QQQ · PAXG · ANTHROPIC · AIN · TAO · SOXS · TQQQ · SPY · CAP · FF · SNXX · ZRO · INJ · DOT · AERO · NATGAS · VVV · FET · ICP · ETHFI · KITE · ARIA · AVGO · CRV · IDOL · BEAM · BTW · BTCDOM · ATOM · INTW · BMNR · STRK · GRAM · SKY · TIA · PIEVERSE · BABA · POL · EVAA · BE · OPENAI · MUBARAK · SOON · AGT · AAOI · ZHONGJI · LYN · STRC · PROM · ON · HK0700 · PENDLE · LDO · JCT · CC · GRASS · SQQQ · AKE · and 601 more
Questions
Is SoDEX or Binance cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on SoDEX and $10.01 on Binance right now, taker fee and order-book slippage together, so SoDEX is cheaper. Taker fees: 0.04% and 0.05%.
Which has more markets, SoDEX or Binance?
SoDEX lists 98 active markets and Binance 800; 95 assets trade on both, 42 of them stocks, commodities or other real-world assets.
Does SoDEX or Binance require KYC?
SoDEX: No ID; not for the US, China, Singapore, the UK, Russia or FATF high-risk countries, VPNs forbidden. Binance: Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Can you arbitrage funding between SoDEX and Binance?
Yes: 5 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 CXMT, long on Binance and short on SoDEX, with $139 left after costs.
Which is bigger, SoDEX or Binance?
24-hour volume: SoDEX $246.2M, Binance $88.80B. Open interest as each reports it: $291.0M and $29.08B. SoDEX reports open interest as longs plus shorts, both sides of every position; Binance reports one side. For the same positions SoDEX's figure reads about twice as large. TVL: $64.9M and none published.