Extended vs Bybit
Bybit traded 22× Extended's 24-hour volume ($10.95B vs $500.1M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Extended | Bybit | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $11.01 |
| $599 | ◀BTC trade, $1M | $1,153 |
| $12.2M | BTC book depth▶ | $24.4M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $500.1M | Volume 24h▶ | $10.95B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $203.6M | Open interest▶ | $13.69B |
| $119.2M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| −0.0032% | BTC funding /8h | +0.0061% |
| +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 | $5.835.8 bp | $12.4112.4 bp |
| $100k | $58.265.8 bp | $13113.1 bp |
| $1M | $1,23712.4 bp | $1,85518.6 bp |
| $5M | — | $15,22730.5 bp |
LIT 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 |
|---|---|---|---|---|
| XAU | +0.0040% | +0.0328% | +0.0288% | −$6 |
| XAG | +0.0032% | +0.0136% | +0.0104% | −$11 |
| CL | +0.0032% | 0.0000% | +0.0032% | +$13 |
| SKHYNIX | −0.0272% | 0.0000% | +0.0272% | −$19 |
| BZ | −0.0488% | −0.0634% | +0.0146% | −$34 |
| MU | +0.0032% | +0.0012% | +0.0020% | −$9 |
| SPCX | −0.0184% | −0.0058% | +0.0126% | −$22 |
| EUR | +0.0032% | 0.0000% | +0.0032% | −$23 |
| META | 0.0000% | 0.0000% | 0.0000% | −$32 |
| SNDK | +0.0032% | +0.0215% | +0.0183% | −$25 |
| NVDA | +0.0032% | +0.0054% | +0.0022% | −$28 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$18 |
| AMZN | +0.0064% | +0.0215% | +0.0151% | −$21 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$44 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$36 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$177 |
| MSTR | +0.0032% | 0.0000% | +0.0032% | −$32 |
| GOOGL | +0.0208% | +0.0221% | +0.0013% | −$25 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$48 |
| USDJPY | +0.0032% | −0.0323% | +0.0355% | −$51 |
Only on Extended: 46
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · QNT · JP225 · TMUS · BKNG · GTC · XEL · SNPS · COLLECT · TST · SWARMS · RGTI · AIOT · KR200 · AGT · AIA · LIN · MELI · DOGS · AXON · CEG · BAS · BB · PROM · 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 · ATH · KII · MET · MANA · PLUME · VET · ARK · MINA · COMP · NIGHT · LSK · RIVER · RATS · SNXX · SYRUP · GRT · TQQQ · ZAMA · EGLD · OKB · PHA · 2Z · LAB · STONK · PIPPIN · ETHBTC · THETA · SOXS · APEX · 0G · BEAM · IOTA · XDC · 1INCH · MYX · M · UAI · and 447 more
Questions
Is Extended or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.12 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: 2 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 $13 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $500.1M, Bybit $10.95B. Open interest as each reports it: $203.6M and $13.69B. TVL: $119.2M and none published.