Extended vs Bybit
Bybit traded 22× Extended's 24-hour volume ($11.06B vs $493.4M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Extended | Bybit | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $11.14 |
| $639 | ◀BTC trade, $1M | $1,193 |
| $11.0M | BTC book depth▶ | $24.9M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $493.4M | Volume 24h▶ | $11.06B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $203.1M | Open interest▶ | $13.55B |
| $119.2M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| −0.0048% | BTC funding /8h | −0.0059% |
| +0.684% | BTC longs paid, 30d | +0.371% |
| 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 | $5.125.1 bp | $11.1411.1 bp |
| $100k | $53.585.4 bp | $11511.5 bp |
| $1M | $6396.4 bp | $1,19311.9 bp |
| $5M | $9,20318.4 bp | $6,85613.7 bp |
HYPE funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 280
funding /8h · Net 7d at $10k| Asset | Extended | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0032% | +0.0148% | +0.0116% | −$5 |
| XAG | +0.0032% | 0.0000% | +0.0032% | −$28 |
| CL | +0.0032% | −0.0492% | +0.0524% | +$9 |
| SKHYNIX | −0.0728% | −0.1323% | +0.0595% | −$20 |
| BZ | −0.0544% | −0.1425% | +0.0881% | −$28 |
| MU | +0.0032% | 0.0000% | +0.0032% | −$12 |
| SPCX | −0.0240% | −0.0392% | +0.0152% | −$23 |
| EUR | +0.0032% | 0.0000% | +0.0032% | −$20 |
| META | 0.0000% | 0.0000% | 0.0000% | −$35 |
| SNDK | +0.0280% | +0.0327% | +0.0047% | −$24 |
| NVDA | +0.0032% | +0.0171% | +0.0139% | −$29 |
| TSLA | 0.0000% | +0.0078% | +0.0078% | −$21 |
| AMZN | +0.0024% | +0.0041% | +0.0017% | −$22 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$37 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$177 |
| GOOGL | +0.0184% | +0.0064% | +0.0120% | −$22 |
| AMD | 0.0000% | −0.0022% | +0.0022% | −$27 |
| USDJPY | +0.0032% | −0.0209% | +0.0241% | −$52 |
| AAPL | 0.0000% | +0.0162% | +0.0162% | −$25 |
| PLTR | 0.0000% | 0.0000% | 0.0000% | −$56 |
Only on Extended: 46
SP500 · NAS100 · NATGAS · COPPER · XPT · FET · QNT · JP225 · TMUS · BKNG · GTC · XEL · SNPS · COLLECT · SWARMS · TST · RGTI · KR200 · AGT · BAS · AIA · AIOT · LIN · MELI · DOGS · AXON · CEG · 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 · TWT · ARX · CAP · ZK · CAKE · IMX · CRO · BR · ATH · KII · MANA · MET · PLUME · VET · ARK · COMP · MINA · RIVER · RATS · LSK · NIGHT · SNXX · SYRUP · ZAMA · GRT · TQQQ · EGLD · OKB · 2Z · STONK · PHA · LAB · ETHBTC · SOXS · THETA · PIPPIN · APEX · BEAM · IOTA · 0G · 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 $11.14 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 $9 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $493.4M, Bybit $11.06B. Open interest as each reports it: $203.1M and $13.55B. TVL: $119.2M and none published.