Head to head
the arrow points to the better figure| Extended | Deribit | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $7.06 |
| $568 | ◀BTC trade, $1M | $1,105 |
| $11.5M | BTC book depth▶ | $44.3M |
| 0.025%/0.000% | ◀Taker / maker | 0.035%/0.015% |
| 100x | ◀Max leverage | 50x |
| Size | ||
| $493.2M | Volume 24h▶ | $3.18B |
| $427.8M | Volume, 7-day average▶ | $2.02B |
| $203.1Mlongs + shorts | Open interest | $1.36Bone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 136 |
| 130 | ◀Stocks & RWA | 36 |
| 1h | Funding paid every | 1h |
| −0.0048% | BTC funding /8h | 0.0000% |
| +0.684% | BTC longs paid, 30d | +0.384% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Extended | Deribit |
|---|---|---|
| $1k | $0.545.4 bp | $0.767.6 bp |
| $10k | $5.375.4 bp | $7.988.0 bp |
| $100k | $53.705.4 bp | $10110.1 bp |
| $1M | $8758.7 bp | $1,53015.3 bp |
| $5M | $12,55725.1 bp | $15,66831.3 bp |
ZEC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 119
funding /8h · Net 7d at $10k| Asset | Extended | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0032% | 0.0000% | +0.0032% | −$14 |
| XAG | +0.0032% | 0.0000% | +0.0032% | −$49 |
| SPCX | −0.0248% | −0.0384% | +0.0136% | −$10 |
| MU | +0.0032% | +0.0031% | +0.0001% | −$29 |
| NVDA | +0.0032% | +0.0082% | +0.0050% | −$21 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$9 |
| SNDK | +0.0272% | +0.0544% | +0.0272% | −$23 |
| AMZN | +0.0024% | +0.0063% | +0.0039% | −$22 |
| META | 0.0000% | 0.0000% | 0.0000% | $0 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$8 |
| GOOGL | +0.0184% | 0.0000% | +0.0184% | −$46 |
| AAPL | 0.0000% | 0.0000% | 0.0000% | −$2 |
| CRCL | 0.0000% | +0.0343% | +0.0343% | −$95 |
| BZ | −0.0528% | 0.0000% | +0.0528% | −$62 |
| MSTR | +0.0032% | +0.0358% | +0.0326% | −$36 |
| CL | +0.0032% | −0.0197% | +0.0229% | +$6 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$7 |
| HOOD | 0.0000% | 0.0000% | 0.0000% | −$41 |
| INTC | +0.0160% | −0.0544% | +0.0704% | −$73 |
| DRAM | +0.0136% | +0.0081% | +0.0055% | −$55 |
Only on Extended: 207
EUR · SP500 · SKHYNIX · XMR · NAS100 · ZRO · GRAM · NATGAS · COPPER · XAUT · SHOP · USDJPY · PLTR · CASHCAT · GRASS · STX · UNITREE · USELESS · ORCL · COIN · PURR · CRWD · GRVT · XPT · DELL · TTWO · MARSCOIN · KAITO · CHZ · PONS · QCOM · TXN · AKT · AZTEC · KSM · ADI · QNT · SAMSUNG · JP225 · ORCA · AR · TER · AMGN · AMAT · SPX · POPCAT · BTW · SAND · H · COHR · BABA · CFG · TMUS · NOK · PIEVERSE · KITE · NFLX · CRWV · MRNA · BKNG · and 147 more
Questions
Is Extended or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.12 on Extended and $7.06 on Deribit right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.025% and 0.035%.
Which has more markets, Extended or Deribit?
Extended lists 307 active markets and Deribit 136; 119 assets trade on both, 34 of them stocks, commodities or other real-world assets.
Does Extended or Deribit 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. Deribit: ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Can you arbitrage funding between Extended and Deribit?
Yes: 11 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 HBAR, long on Extended and short on Deribit, with $51 left after costs.
Which is bigger, Extended or Deribit?
24-hour volume: Extended $493.2M, Deribit $3.18B. Open interest as each reports it: $203.1M and $1.36B. Extended reports open interest as longs plus shorts, both sides of every position; Deribit reports one side. For the same positions Extended's figure reads about twice as large. TVL: $119.2M and none published.