Head to head
the arrow points to the better figure| Extended | Deribit | |
|---|---|---|
| Trading | ||
| $5.17 | ◀BTC trade, $10k | $7.06 |
| $702 | ◀BTC trade, $1M | $1,110 |
| $10.5M | BTC book depth▶ | $54.4M |
| 0.025%/0.000% | ◀Taker / maker | 0.035%/0.015% |
| 100x | ◀Max leverage | 50x |
| Size | ||
| $492.0M | Volume 24h▶ | $3.01B |
| $427.8M | Volume, 7-day average▶ | $2.02B |
| $202.7Mlongs + shorts | Open interest | $1.36Bone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 136 |
| 130 | ◀Stocks & RWA | 36 |
| 1h | Funding paid every | 1h |
| +0.0040% | BTC funding /8h | +0.0053% |
| +0.688% | BTC longs paid, 30d | +0.383% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Extended | Deribit |
|---|---|---|
| $1k | $0.515.1 bp | $0.717.1 bp |
| $10k | $5.175.2 bp | $7.067.1 bp |
| $100k | $57.115.7 bp | $79.067.9 bp |
| $1M | $7027.0 bp | $1,11011.1 bp |
| $5M | $10,06920.1 bp | $9,43218.9 bp |
PUMP funding per day
pair pageSize
daily, last yearVolume by asset class
last yearOn both: 119
funding /8h · Net 7d at $10k| Asset | Extended | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0040% | 0.0000% | +0.0040% | −$8 |
| ETH | +0.0104% | 0.0000% | +0.0104% | −$1 |
| HYPE | +0.0080% | 0.0000% | +0.0080% | −$23 |
| SOL | +0.0088% | 0.0000% | +0.0088% | −$11 |
| ZEC | +0.0104% | 0.0000% | +0.0104% | −$64 |
| NEAR | +0.0080% | −0.0004% | +0.0084% | −$19 |
| XRP | +0.0104% | +0.0040% | +0.0064% | −$7 |
| BNB | +0.0096% | 0.0000% | +0.0096% | −$27 |
| SUI | +0.0104% | 0.0000% | +0.0104% | −$21 |
| LTC | +0.0104% | +0.0163% | +0.0059% | −$48 |
| ENA | +0.0104% | 0.0000% | +0.0104% | −$17 |
| AAVE | +0.0104% | −0.0024% | +0.0128% | −$14 |
| ADA | +0.0104% | 0.0000% | +0.0104% | −$5 |
| TAO | +0.0104% | +0.0204% | +0.0100% | −$15 |
| LINK | +0.0104% | 0.0000% | +0.0104% | −$42 |
| AVAX | +0.0104% | 0.0000% | +0.0104% | −$8 |
| DOGE | +0.0104% | 0.0000% | +0.0104% | −$15 |
| PAXG | +0.0048% | 0.0000% | +0.0048% | −$5 |
| UNI | +0.0104% | 0.0000% | +0.0104% | −$26 |
| PUMP | +0.0104% | 0.0000% | +0.0104% | −$7 |
Only on Extended: 207
EUR · SP500 · SKHYNIX · XMR · NAS100 · ZRO · GRAM · COPPER · NATGAS · XAUT · SHOP · USDJPY · PLTR · CASHCAT · GRASS · STX · UNITREE · USELESS · ORCL · COIN · PURR · CRWD · GRVT · DELL · TTWO · MARSCOIN · XPT · KAITO · PONS · CHZ · QCOM · TXN · KSM · AKT · AZTEC · ADI · QNT · SAMSUNG · JP225 · AR · SPX · TER · AMAT · AMGN · POPCAT · BTW · ORCA · SAND · H · COHR · CFG · TMUS · BABA · PIEVERSE · NOK · IBM · NFLX · ASTS · CRWV · KITE · and 147 more
Questions
Is Extended or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.17 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: 10 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 $49 left after costs.
Which is bigger, Extended or Deribit?
24-hour volume: Extended $492.0M, Deribit $3.01B. Open interest as each reports it: $202.7M 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.

