N1 vs Binance
Binance traded 34456× N1's 24-hour volume ($88.87B vs $2.6M) and holds 34042× its open interest.
Head to head
the arrow points to the better figure| N1 | Binance | |
|---|---|---|
| Trading | ||
| $11.93 | BTC trade, $10k▶ | $10.01 |
| — | BTC trade, $1M | $1,159 |
| $388K | BTC book depth▶ | $14.5M |
| 0.035%/0.010% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $2.6M | Volume 24h▶ | $88.87B |
| $2.5M | Volume, 7-day average▶ | $60.90B |
| $854K | Open interest▶ | $29.06B |
| — | TVL | — |
| Markets | ||
| 40 | Markets▶ | 800 |
| 0 | Stocks & RWA▶ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0064% | BTC funding /8h | +0.0100% |
| +0.505% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| — | Airdrop | — |
Cost to trade BTC
| Size | N1 | Binance |
|---|---|---|
| $1k | $1.0610.6 bp | $1.0010.0 bp |
| $10k | $11.9311.9 bp | $10.0110.0 bp |
| $100k | $24824.8 bp | $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: 39
funding /8h · Net 7d at $10k| Asset | N1 | Binance | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0064% | +0.0100% | +0.0036% | −$9 |
| ETH | +0.0064% | +0.0100% | +0.0036% | −$23 |
| HYPE | +0.0208% | +0.0100% | +0.0108% | −$1 |
| SOL | +0.0096% | +0.0076% | +0.0020% | −$33 |
| BNB | +0.0040% | +0.0142% | — | — |
| JUP | 0.0000% | −0.0156% | — | — |
| S | +0.0736% | −0.0035% | — | — |
| LIT | −0.0680% | −0.0043% | — | — |
| VVV | +0.0360% | −0.0224% | — | — |
| NEAR | +0.0120% | +0.0100% | — | — |
| AAVE | −0.0040% | +0.0100% | — | — |
| PAXG | +0.0256% | +0.0039% | — | — |
| ZEC | +0.0208% | +0.0100% | — | — |
| MORPHO | −0.0176% | +0.0100% | — | — |
| SUI | −0.0200% | +0.0025% | — | — |
| PUMP | −0.0080% | +0.0060% | — | — |
| XRP | +0.0112% | +0.0100% | — | — |
| ARB | −0.0224% | −0.0046% | — | — |
| ASTER | +0.0088% | +0.0100% | — | — |
| ENA | −0.0136% | +0.0100% | — | — |
Only on N1: 1
Only on Binance: 717
XAU · SPCX · SNDK · SOXL · SKHYNIX · XAG · MU · GOOGL · CL · BZ · INTC · QQQ · SKHY · CRCL · KORU · MSTR · LINK · ANTHROPIC · BCH · NVDA · TRX · AVAX · ADA · LTC · XAUT · AIN · SOXS · AAPL · TSLA · FIL · TRUMP · DRAM · TQQQ · BIANRENSHENG · NBIS · SPY · CAP · FF · XLM · SNXX · INJ · EWY · DOT · SAMSUNG · META · HBAR · NATGAS · AMD · MSFT · QNT · FET · ICP · ETHFI · MRVL · KITE · SHIB · ARIA · AVGO · IDOL · CRV · and 657 more
Questions
Is N1 or Binance cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $11.93 on N1 and $10.01 on Binance right now, taker fee and order-book slippage together, so Binance is cheaper. Taker fees: 0.035% and 0.05%.
Which has more markets, N1 or Binance?
N1 lists 40 active markets and Binance 800; 39 assets trade on both.
Does N1 or Binance require KYC?
N1: No ID; closed to residents and citizens of the US, Canada, Russia 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 N1 and Binance?
Not profitably right now: none of the 39 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, N1 or Binance?
24-hour volume: N1 $2.6M, Binance $88.87B. Open interest as each reports it: $854K and $29.06B.