Extended vs Bybit
Bybit traded 22× Extended's 24-hour volume ($10.87B vs $490.6M) 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 |
| $704 | ◀BTC trade, $1M | $1,271 |
| $10.8M | BTC book depth▶ | $22.9M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $490.6M | Volume 24h▶ | $10.87B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $203.0M | Open interest▶ | $13.63B |
| $119.2M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0024% | BTC funding /8h | +0.0059% |
| +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 | $5.125.1 bp | $11.0111.0 bp |
| $100k | $56.935.7 bp | $11011.0 bp |
| $1M | $7047.0 bp | $1,27112.7 bp |
| $5M | $10,04820.1 bp | $7,57015.1 bp |
NEAR 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 |
|---|---|---|---|---|
| BTC | +0.0024% | +0.0059% | +0.0035% | −$20 |
| ETH | +0.0104% | +0.0060% | +0.0044% | −$8 |
| HYPE | +0.0104% | −0.0046% | +0.0150% | −$5 |
| SOL | +0.0080% | +0.0080% | 0.0000% | −$28 |
| PUMP | +0.0104% | +0.0100% | +0.0004% | −$6 |
| NEAR | +0.0040% | +0.0100% | +0.0060% | −$33 |
| LIT | +0.0104% | +0.0100% | +0.0004% | −$39 |
| ZEC | +0.0104% | +0.0100% | +0.0004% | −$20 |
| XMR | +0.0104% | +0.0100% | +0.0004% | −$10 |
| XRP | +0.0104% | +0.0100% | +0.0004% | −$7 |
| JUP | +0.0104% | −0.0280% | +0.0384% | −$35 |
| BNB | +0.0104% | +0.0100% | +0.0004% | −$2 |
| ZRO | +0.0104% | +0.0100% | +0.0004% | +$9 |
| SUI | +0.0096% | +0.0100% | +0.0004% | −$25 |
| GRAM | +0.0104% | +0.0100% | +0.0004% | −$72 |
| AAVE | +0.0104% | +0.0034% | +0.0070% | −$23 |
| ENA | +0.0104% | +0.0100% | +0.0004% | −$18 |
| LTC | +0.0104% | +0.0069% | +0.0035% | −$34 |
| ADA | +0.0104% | +0.0100% | +0.0004% | −$16 |
| TAO | +0.0104% | +0.0100% | +0.0004% | −$24 |
Only on Extended: 46
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · QNT · JP225 · TMUS · BKNG · GTC · XEL · SNPS · COLLECT · SWARMS · RGTI · AIOT · TST · AIA · KR200 · AGT · 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 · TRB · RAY · NMR · SPY · MUBARAK · TWT · ARX · CAP · ZK · CAKE · IMX · CRO · KII · ATH · PLUME · MANA · NIGHT · VET · MET · BR · ARK · SNXX · COMP · MINA · LSK · RIVER · RATS · SYRUP · ZAMA · OKB · GRT · EGLD · PHA · TQQQ · 2Z · LAB · THETA · ETHBTC · BEAM · PIPPIN · APEX · STONK · 0G · IOTA · SOXS · XDC · 1INCH · M · UAI · MYX · 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: 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 ZRO, long on Bybit and short on Extended, with $9 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $490.6M, Bybit $10.87B. Open interest as each reports it: $203.0M and $13.63B. TVL: $119.2M and none published.

