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SoDEX vs Bitget

Bitget traded 46× SoDEX's 24-hour volume ($11.42B vs $245.6M).

vs
SoDEXDEX · ValueChainBetter on 4 of 10
Trade on SoDEX
vs
BitgetCEXBetter on 6 of 10
Trade on Bitget

Head to head

the arrow points to the better figure
SoDEXBitget
Trading
$2.8MBTC book depth▶$5.0M
40xMax leverage▶150x
Size
$245.6MVolume 24h▶$11.42B
$259.5MVolume, 7-day average▶$8.20B
$292.4Mlongs + shortsOpen interest$8.10Bone side
$64.9MTVL—
Markets
98Markets▶933
44Stocks & RWA▶418
1hFunding paid every1h or 4h or 8h
+0.0100%BTC funding /8h+0.0100%
+0.579%BTC longs paid, 30d+0.575%
Access
none yetToken$BGB
—Airdrop—

Cost to trade BTC

SoDEX cheaper at every size
SizeSoDEXBitget
$1k$0.848.4 bp$1.2012.0 bp
$10k$8.398.4 bp$12.0112.0 bp
$100k$84.608.5 bp$12012.0 bp
$1M$1,01410.1 bp$1,43514.3 bp
$5M—$8,85917.7 bp

BTC funding per day

pair page
Longs paid in 30 days: SoDEX +0.579% · Bitget +0.575%
SoDEXBitget

Size

daily, last 90 days
Volume24h, each day
SoDEXBitget
Open interestat each day's close
SoDEXBitget
SoDEX's share of the twoby volume
SoDEX's share
TVLdeposits or pool
SoDEXBitget

Volume by asset class

last 90 days
SoDEXCrypto 97% · Stocks 1.7% · Commodities 0.5% · Other RWA 0.4%
BitgetCrypto 80% · Stocks 15% · Commodities 3.5% · Pre-IPO 0.3% · Other RWA 0.3%

On both: 96

funding /8h · Net 7d at $10k
AssetSoDEXBitgetSpreadNet 7d
ETH+0.0100%+0.0100%0.0000%−$11
BTC+0.0100%+0.0100%0.0000%−$14
XAUT+0.0050%−0.0060%+0.0110%—
ZEC+0.0100%+0.0100%0.0000%−$25
NEAR+0.0100%+0.0100%0.0000%−$22
SOL−0.0045%−0.0009%+0.0036%−$37
DOGE+0.0100%+0.0012%+0.0088%−$16
HYPE+0.0100%+0.0100%0.0000%−$3
SUI−0.0088%+0.0038%+0.0126%−$42
TRUMP+0.0100%−0.0152%+0.0252%−$65
ONDO+0.0100%−0.0008%+0.0108%−$29
BNB+0.0100%+0.0092%+0.0008%—
QNT+0.0100%+0.0100%0.0000%−$50
LTC+0.0100%+0.0100%0.0000%—
CHZ+0.0100%+0.0100%——
LIT−0.0020%−0.0138%+0.0118%−$85
ETC+0.0100%+0.0047%——
ARB−0.0066%−0.0120%+0.0054%−$13
WLFI+0.0100%+0.0100%——
PONS+0.0100%+0.0100%0.0000%—
Only on SoDEX: 2

BIANRENSHENG · CASHCAT

Only on Bitget: 788

SOXL · XAU · QQQ · BTW · TAO · DOT · BGB · SOXS · INJ · FF · ANTHROPIC · FET · NATGAS · SPY · PAXG · OPENAI · TQQQ · SOON · KAS · RENDER · SEI · XPT · STRC · ICP · GRASS · ARIA · ATOM · GRAM · LONGXIA · EVAA · IDOL · SNXX · ZBT · ALGO · STX · TUT · SQQQ · ETHFI · ZRO · JUP · CRV · TIA · SOXX · POL · PI · TAG · CAP · JCT · USDC · AERO · VVV · LDO · MAGMA · CSOPSS2LHKD · BR · PYTH · ZAMA · PENDLE · PIEVERSE · CSOPSK2LHKD · and 728 more

Questions

Is SoDEX or Bitget cheaper to trade?

Opening and closing $10,000 of BTC with market orders costs $8.39 on SoDEX and $12.01 on Bitget right now, taker fee and order-book slippage together, so SoDEX is cheaper. Taker fees: 0.04% and 0.06%.

Which has more markets, SoDEX or Bitget?

SoDEX lists 98 active markets and Bitget 933; 96 assets trade on both, 44 of them stocks, commodities or other real-world assets.

Does SoDEX or Bitget require KYC?

SoDEX: No ID; not for the US, China, Singapore, the UK, Russia or FATF high-risk countries, VPNs forbidden. Bitget: KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Can you arbitrage funding between SoDEX and Bitget?

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 TSLA, long on Bitget and short on SoDEX, with $4 left after costs.

Which is bigger, SoDEX or Bitget?

24-hour volume: SoDEX $245.6M, Bitget $11.42B. Open interest as each reports it: $292.4M and $8.10B. SoDEX reports open interest as longs plus shorts, both sides of every position; Bitget reports one side. For the same positions SoDEX's figure reads about twice as large. TVL: $64.9M and none published.

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