Extended vs Bybit
Bybit traded 22× Extended's 24-hour volume ($11.01B vs $500.1M) and holds 68× its open interest.
Head to head
the arrow points to the better figure| Extended | Bybit | |
|---|---|---|
| Trading | ||
| $5.86 | ◀BTC trade, $10k | $11.01 |
| $745 | ◀BTC trade, $1M | $1,242 |
| $12.7M | BTC book depth▶ | $23.3M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $500.1M | Volume 24h▶ | $11.01B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $203.7M | Open interest▶ | $13.75B |
| $119.2M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| 0.0000% | BTC funding /8h | +0.0063% |
| +0.687% | BTC longs paid, 30d | +0.369% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade SOL
| Size | Extended | Bybit |
|---|---|---|
| $1k | $0.585.8 bp | $1.1811.8 bp |
| $10k | $6.546.5 bp | $11.8211.8 bp |
| $100k | $73.447.3 bp | $11911.9 bp |
| $1M | $1,30413.0 bp | $1,58815.9 bp |
| $5M | — | $13,91427.8 bp |
HYPE funding per day
pair pageSize
daily, last yearVolume by asset class
last yearOn both: 280
funding /8h · Net 7d at $10k| Asset | Extended | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | 0.0000% | +0.0063% | +0.0063% | −$21 |
| ETH | +0.0104% | +0.0054% | +0.0050% | −$8 |
| HYPE | +0.0104% | −0.0076% | +0.0180% | −$6 |
| SOL | +0.0104% | +0.0099% | +0.0005% | −$8 |
| PUMP | +0.0104% | +0.0100% | +0.0004% | −$7 |
| NEAR | +0.0040% | +0.0100% | +0.0060% | −$32 |
| LIT | +0.0104% | +0.0100% | +0.0004% | −$37 |
| ZEC | +0.0104% | +0.0100% | +0.0004% | −$22 |
| XMR | +0.0104% | +0.0100% | +0.0004% | −$10 |
| XRP | +0.0104% | +0.0100% | +0.0004% | −$7 |
| JUP | +0.0104% | −0.0125% | +0.0229% | −$34 |
| BNB | +0.0104% | +0.0100% | +0.0004% | −$3 |
| ZRO | +0.0104% | +0.0100% | +0.0004% | +$8 |
| SUI | −0.0032% | +0.0100% | +0.0132% | −$27 |
| GRAM | +0.0104% | +0.0100% | +0.0004% | −$65 |
| AAVE | +0.0104% | +0.0039% | +0.0065% | −$26 |
| ENA | +0.0104% | +0.0100% | +0.0004% | −$20 |
| LTC | +0.0104% | +0.0059% | +0.0045% | −$34 |
| ADA | +0.0104% | +0.0100% | +0.0004% | −$17 |
| TAO | +0.0104% | +0.0100% | +0.0004% | −$25 |
Only on Extended: 46
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · QNT · JP225 · TMUS · GTC · BKNG · XEL · SNPS · SWARMS · COLLECT · TST · RGTI · KR200 · AGT · AIA · AIOT · LIN · MELI · DOGS · AXON · CEG · PROM · BB · BAS · 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 · TRB · RAY · NMR · SPY · MUBARAK · CAP · TWT · ARX · ZK · CAKE · IMX · CRO · BR · KII · ATH · MANA · PLUME · MET · VET · ARK · MINA · COMP · NIGHT · SNXX · LSK · RIVER · RATS · SYRUP · GRT · TQQQ · EGLD · ZAMA · OKB · PHA · 2Z · LAB · STONK · THETA · ETHBTC · PIPPIN · APEX · SOXS · 0G · IOTA · BEAM · XDC · 1INCH · M · MYX · UAI · and 447 more
Questions
Is Extended or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.86 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 307 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 $11 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $500.1M, Bybit $11.01B. Open interest as each reports it: $203.7M and $13.75B. TVL: $119.2M and none published.