Extended vs Bybit
Bybit traded 23× Extended's 24-hour volume ($11.74B vs $502.3M) 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 |
| $708 | ◀BTC trade, $1M | $1,253 |
| $8.7M | BTC book depth▶ | $23.1M |
| 0.025%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $502.3M | Volume 24h▶ | $11.74B |
| $427.8M | Volume, 7-day average▶ | $13.16B |
| $202.5M | Open interest▶ | $13.65B |
| $119.2M | TVL | — |
| Markets | ||
| 307 | Markets▶ | 857 |
| 130 | Stocks & RWA▶ | 264 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0080% | BTC funding /8h | +0.0068% |
| +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 | $51.265.1 bp | $11011.0 bp |
| $1M | $7087.1 bp | $1,25312.5 bp |
| $5M | $12,39824.8 bp | $7,38214.8 bp |
BTC 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 | +0.0080% | +0.0068% | +0.0012% | −$13 |
| ETH | +0.0104% | +0.0071% | +0.0033% | −$8 |
| HYPE | 0.0000% | −0.0026% | +0.0026% | −$6 |
| SOL | +0.0104% | +0.0077% | +0.0027% | −$8 |
| PUMP | +0.0104% | +0.0100% | +0.0004% | −$2 |
| NEAR | +0.0104% | +0.0100% | +0.0004% | −$21 |
| LIT | +0.0104% | +0.0100% | +0.0004% | −$42 |
| ZEC | +0.0104% | +0.0100% | +0.0004% | −$21 |
| XMR | +0.0104% | +0.0100% | +0.0004% | −$8 |
| XRP | +0.0104% | +0.0100% | +0.0004% | −$7 |
| JUP | +0.0104% | −0.0388% | +0.0492% | −$32 |
| BNB | −0.0048% | +0.0100% | +0.0148% | −$35 |
| ZRO | +0.0176% | +0.0100% | +0.0076% | +$6 |
| SUI | +0.0104% | +0.0100% | +0.0004% | −$19 |
| GRAM | +0.0104% | +0.0100% | +0.0004% | −$54 |
| AAVE | +0.0104% | +0.0034% | +0.0070% | −$27 |
| ENA | +0.0104% | −0.0136% | +0.0240% | −$18 |
| LTC | +0.0104% | +0.0065% | +0.0040% | −$26 |
| ADA | +0.0104% | +0.0100% | +0.0004% | −$20 |
| TAO | +0.0104% | +0.0100% | +0.0004% | −$26 |
Only on Extended: 45
SP500 · NAS100 · COPPER · NATGAS · XPT · FET · QNT · JP225 · TMUS · BKNG · GTC · XEL · SNPS · COLLECT · SWARMS · RGTI · TST · KR200 · AGT · AIOT · BAS · AIA · LIN · MELI · DOGS · AXON · CEG · PROM · BB · KIOXIA · FTNT · MPWR · FANG · 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 · CAP · RAY · NMR · TRB · SPY · MUBARAK · ARX · TWT · ZK · CAKE · IMX · CRO · BR · KII · ATH · PLUME · MANA · VET · MET · ARK · NIGHT · COMP · MINA · OKB · LSK · RIVER · RATS · ZAMA · SYRUP · GRT · SNXX · EGLD · PHA · TQQQ · 2Z · LAB · ETHBTC · THETA · BEAM · PIPPIN · APEX · STONK · IOTA · 0G · XDC · 1INCH · M · UAI · MYX · UMA · 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 $10 left after costs.
Which is bigger, Extended or Bybit?
24-hour volume: Extended $502.3M, Bybit $11.74B. Open interest as each reports it: $202.5M and $13.65B. TVL: $119.2M and none published.