Extended vs Bybit
Bybit traded 27× Extended's 24-hour volume ($15.56B vs $587.0M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Extended | Bybit | |
|---|---|---|
| Trading | ||
| $6.20 | ◀BTC trade, $10k | $11.01 |
| $770 | ◀BTC trade, $1M | $1,250 |
| $11.3M | BTC book depth▶ | $22.0M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $587.0M | Volume 24h▶ | $15.56B |
| $426.0M | Volume, 7-day average▶ | $12.64B |
| $195.8M | Open interest▶ | $13.06B |
| $119.1M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0104% | BTC funding /8h | +0.0033% |
| +0.673% | BTC longs paid, 30d | +0.370% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Extended | Bybit |
|---|---|---|
| $1k | $0.626.2 bp | $1.1011.0 bp |
| $10k | $6.206.2 bp | $11.0111.0 bp |
| $100k | $62.606.3 bp | $11111.1 bp |
| $1M | $7707.7 bp | $1,25012.5 bp |
| $5M | $9,62319.2 bp | $7,50115.0 bp |
SOL 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 | +0.0032% | +0.0409% | +0.0377% | +$1 |
| XAG | +0.0032% | +0.0373% | +0.0341% | −$4 |
| CL | −0.1408% | −0.1063% | +0.0345% | −$62 |
| SKHYNIX | 0.0000% | 0.0000% | 0.0000% | −$10 |
| BZ | −0.4488% | −0.4645% | +0.0157% | −$28 |
| SPCX | 0.0000% | 0.0000% | 0.0000% | −$26 |
| MU | +0.0032% | 0.0000% | +0.0032% | −$14 |
| EUR | +0.0032% | 0.0000% | +0.0032% | −$21 |
| META | +0.0016% | 0.0000% | +0.0016% | −$31 |
| AMZN | +0.0016% | 0.0000% | +0.0016% | −$50 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$39 |
| SNDK | +0.0032% | 0.0000% | +0.0032% | −$35 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$25 |
| CRCL | +0.0160% | +0.0072% | +0.0088% | −$20 |
| NVDA | +0.0032% | 0.0000% | +0.0032% | −$39 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$112 |
| AMD | 0.0000% | −0.0363% | +0.0363% | −$30 |
| USDJPY | +0.0032% | 0.0000% | +0.0032% | −$49 |
| PLTR | 0.0000% | −0.0028% | +0.0028% | −$51 |
| AAPL | 0.0000% | 0.0000% | 0.0000% | −$24 |
Only on Extended: 46
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · JP225 · BKNG · SNPS · GTC · QNT · COLLECT · RGTI · AIOT · SWARMS · KR200 · TST · AGT · AIA · BB · MELI · AXON · DOGS · KIOXIA · BAS · CEG · PROM · FTNT · MPWR · FANG · MKR · GFS · XEL · SBUX · HON · LIN · ADSK · TMUS · CDW · STLD · CDNS · MCHP · ODFL · TTD · NXPI · GEHC
Only on Bybit: 507
MNT · QNT · QQQ · CC · FF · RAY · MET · SKY · KAS · PYTH · USDC · NMR · SPY · TRB · ARX · MINA · TWT · MUBARAK · RLC · ZK · CAKE · IMX · MANA · CAP · ATH · PLUME · BR · CRO · VET · RIVER · COMP · RATS · EGLD · LSK · KII · LAB · NIGHT · ETHBTC · APEX · BEAM · GRT · SYRUP · ZAMA · ARK · STONK · PIPPIN · THETA · UAI · 0G · M · DRIFT · SKR · TQQQ · 1INCH · PHA · 2Z · MYX · OKB · XDC · IOTA · and 447 more
Questions
Is Extended or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $6.20 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 ORCA, long on Bybit and short on Extended, with $2 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $587.0M, Bybit $15.56B. Open interest as each reports it: $195.8M and $13.06B. TVL: $119.1M and none published.