Extended vs Bybit
Bybit traded 23× Extended's 24-hour volume ($11.75B vs $509.9M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Extended | Bybit | |
|---|---|---|
| Trading | ||
| $5.33 | ◀BTC trade, $10k | $11.01 |
| $723 | ◀BTC trade, $1M | $1,202 |
| $10.8M | BTC book depth▶ | $27.6M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $509.9M | Volume 24h▶ | $11.75B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $202.6M | Open interest▶ | $13.54B |
| $119.2M | TVL | — |
| Markets | ||
| 308 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0064% | BTC funding /8h | +0.0072% |
| +0.688% | BTC longs paid, 30d | +0.369% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Extended | Bybit |
|---|---|---|
| $1k | $0.515.1 bp | $1.1011.0 bp |
| $10k | $5.335.3 bp | $11.0111.0 bp |
| $100k | $57.155.7 bp | $11011.0 bp |
| $1M | $7237.2 bp | $1,20212.0 bp |
| $5M | $11,26522.5 bp | $7,24214.5 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 280
funding /8h · Net 7d at $10k| Asset | Extended | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0064% | +0.0072% | +0.0008% | −$20 |
| ETH | +0.0024% | +0.0073% | +0.0049% | −$25 |
| HYPE | +0.0008% | −0.0018% | +0.0026% | −$5 |
| SOL | +0.0104% | +0.0069% | +0.0035% | −$9 |
| PUMP | +0.0104% | +0.0100% | +0.0004% | −$4 |
| NEAR | +0.0096% | +0.0100% | +0.0004% | −$33 |
| LIT | +0.0104% | +0.0100% | +0.0004% | −$30 |
| ZEC | +0.0208% | +0.0100% | +0.0108% | −$19 |
| XMR | +0.0104% | +0.0100% | +0.0004% | −$11 |
| XRP | +0.0104% | +0.0100% | +0.0004% | −$7 |
| JUP | +0.0104% | −0.0481% | +0.0585% | −$36 |
| BNB | −0.0040% | +0.0098% | +0.0138% | −$37 |
| ZRO | +0.0208% | +0.0100% | +0.0108% | +$7 |
| SUI | +0.0048% | +0.0100% | +0.0052% | −$25 |
| GRAM | +0.0104% | +0.0100% | +0.0004% | −$75 |
| AAVE | +0.0104% | +0.0063% | +0.0041% | −$27 |
| ENA | +0.0104% | −0.0257% | +0.0361% | −$16 |
| LTC | +0.0104% | +0.0073% | +0.0031% | −$32 |
| ADA | +0.0104% | +0.0100% | +0.0004% | −$18 |
| TAO | +0.0104% | +0.0100% | +0.0004% | −$25 |
Only on Extended: 46
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · QNT · JP225 · TMUS · BKNG · GTC · XEL · SNPS · TST · COLLECT · SWARMS · RGTI · KR200 · AGT · AIA · AIOT · BAS · LIN · MELI · DOGS · AXON · CEG · PROM · BB · KIOXIA · FTNT · MPWR · FANG · MKR · GFS · SBUX · HON · ADSK · CDW · STLD · CDNS · MCHP · ODFL · TTD · NXPI · GEHC
Only on Bybit: 507
MNT · QNT · CC · QQQ · SKY · FF · KAS · PYTH · RLC · USDC · RAY · NMR · TRB · SPY · CAP · MUBARAK · TWT · ARX · ZK · CAKE · IMX · CRO · BR · KII · ATH · PLUME · MANA · VET · MET · ARK · COMP · NIGHT · MINA · OKB · RIVER · LSK · RATS · SYRUP · GRT · EGLD · ZAMA · PHA · TQQQ · 2Z · LAB · SNXX · THETA · BEAM · ETHBTC · PIPPIN · APEX · IOTA · STONK · XDC · 0G · 1INCH · UAI · MYX · SOXS · M · and 447 more
Questions
Is Extended or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.33 on Extended and $11.01 on Bybit right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.025% and 0.055%.
Which has more markets, Extended or Bybit?
Extended lists 308 active markets and Bybit 857; 280 assets trade on both, 96 of them stocks, commodities or other real-world assets.
Does Extended or Bybit require KYC?
Extended: No ID (only transaction screening and third-party on-ramps); not for the US, UK, Canada, Hong Kong, Russia or sanctioned countries. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Extended and Bybit?
Yes: 3 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 CL, long on Bybit and short on Extended, with $10 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $509.9M, Bybit $11.75B. Open interest as each reports it: $202.6M and $13.54B. TVL: $119.2M and none published.