Extended vs Bybit
Bybit traded 22× Extended's 24-hour volume ($10.94B vs $491.6M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Extended | Bybit | |
|---|---|---|
| Trading | ||
| $7.02 | ◀BTC trade, $10k | $11.01 |
| $884 | ◀BTC trade, $1M | $1,298 |
| $10.6M | BTC book depth▶ | $22.8M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $491.6M | Volume 24h▶ | $10.94B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $202.8M | Open interest▶ | $13.60B |
| $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 | +0.0059% |
| +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 | $0.686.8 bp | $1.1011.0 bp |
| $10k | $7.027.0 bp | $11.0111.0 bp |
| $100k | $77.127.7 bp | $11411.4 bp |
| $1M | $8848.8 bp | $1,29813.0 bp |
| $5M | $10,63921.3 bp | $7,67515.3 bp |
BTC 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 |
|---|---|---|---|---|
| XAU | +0.0112% | +0.0330% | +0.0218% | −$6 |
| XAG | +0.0032% | +0.0158% | +0.0126% | −$9 |
| CL | +0.0032% | 0.0000% | +0.0032% | +$10 |
| SKHYNIX | −0.0040% | 0.0000% | +0.0040% | −$21 |
| BZ | −0.0624% | −0.0594% | +0.0030% | −$21 |
| MU | +0.0032% | +0.0014% | +0.0018% | −$15 |
| SPCX | −0.0096% | 0.0000% | +0.0096% | −$25 |
| EUR | +0.0032% | 0.0000% | +0.0032% | −$21 |
| META | 0.0000% | 0.0000% | 0.0000% | −$37 |
| SNDK | +0.0352% | +0.0219% | +0.0133% | −$29 |
| NVDA | +0.0032% | +0.0031% | +0.0001% | −$30 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$19 |
| AMZN | +0.0120% | +0.0263% | +0.0143% | −$24 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$42 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$37 |
| SHOP | +0.0200% | 0.0000% | +0.0200% | −$170 |
| MSTR | +0.0032% | 0.0000% | +0.0032% | −$34 |
| GOOGL | +0.0224% | +0.0224% | 0.0000% | −$24 |
| USDJPY | +0.0032% | −0.0354% | +0.0386% | −$58 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$50 |
Only on Extended: 46
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · QNT · JP225 · TMUS · BKNG · GTC · XEL · SNPS · COLLECT · SWARMS · RGTI · TST · AIA · KR200 · AGT · AIOT · 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 · ARX · TWT · CAP · ZK · CAKE · IMX · CRO · KII · ATH · PLUME · MANA · NIGHT · VET · MET · BR · ARK · SNXX · COMP · MINA · RIVER · LSK · RATS · SYRUP · OKB · GRT · ZAMA · EGLD · PHA · TQQQ · 2Z · LAB · ETHBTC · BEAM · THETA · APEX · PIPPIN · STONK · SOXS · IOTA · 0G · 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 $7.02 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 $12 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $491.6M, Bybit $10.94B. Open interest as each reports it: $202.8M and $13.60B. TVL: $119.2M and none published.