Head to head
the arrow points to the better figure| Extended | Deribit | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $7.06 |
| $626 | ◀BTC trade, $1M | $1,135 |
| $9.0M | BTC book depth▶ | $51.3M |
| 0.025%/0.000% | ◀Taker / maker | 0.035%/0.015% |
| 100x | ◀Max leverage | 50x |
| Size | ||
| $502.6M | Volume 24h▶ | $3.06B |
| $427.8M | Volume, 7-day average▶ | $2.02B |
| $202.5Mlongs + shorts | Open interest | $1.36Bone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 136 |
| 130 | ◀Stocks & RWA | 36 |
| 1h | Funding paid every | 1h |
| +0.0088% | BTC funding /8h | 0.0000% |
| +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 | $5.125.1 bp | $7.067.1 bp |
| $100k | $51.165.1 bp | $78.687.9 bp |
| $1M | $6266.3 bp | $1,13511.4 bp |
| $5M | $13,01526.0 bp | $9,63819.3 bp |
BTC 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 | +0.0040% | +0.0496% | +0.0456% | −$14 |
| XAG | +0.0032% | +0.0242% | +0.0210% | +$16 |
| SPCX | 0.0000% | −0.0549% | +0.0549% | −$11 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$102 |
| AMZN | +0.0120% | +0.0145% | +0.0025% | −$22 |
| MU | +0.0032% | +0.0388% | +0.0356% | −$27 |
| NVDA | +0.0032% | 0.0000% | +0.0032% | −$36 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$7 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$8 |
| SNDK | +0.0136% | +0.1122% | +0.0986% | −$29 |
| MSTR | +0.0032% | +0.0108% | +0.0076% | −$31 |
| GOOGL | +0.0272% | 0.0000% | +0.0272% | −$45 |
| META | 0.0000% | +0.0089% | +0.0089% | +$1 |
| BZ | −0.0504% | −0.0056% | +0.0448% | −$60 |
| CL | +0.0032% | 0.0000% | +0.0032% | +$7 |
| HOOD | +0.0136% | +0.0101% | +0.0035% | −$40 |
| AMD | 0.0000% | +0.0248% | +0.0248% | −$7 |
| INTC | +0.0136% | +0.0526% | +0.0390% | +$30 |
| AAPL | +0.0048% | +0.0082% | +0.0034% | −$7 |
| DRAM | +0.0048% | +0.0243% | +0.0195% | −$3 |
Only on Extended: 206
EUR · SP500 · SKHYNIX · XMR · NAS100 · ZRO · GRAM · COPPER · NATGAS · XAUT · SHOP · USDJPY · PLTR · CASHCAT · GRASS · STX · UNITREE · COIN · USELESS · ORCL · PURR · CRWD · GRVT · DELL · TTWO · XPT · MARSCOIN · KAITO · PONS · CHZ · QCOM · TXN · KSM · AZTEC · AKT · ADI · QNT · SAMSUNG · JP225 · ORCA · TER · SPX · AMAT · AMGN · POPCAT · H · SAND · AR · BTW · COHR · TMUS · BABA · CFG · PIEVERSE · NOK · NFLX · ASTS · MRNA · CRWV · KITE · and 146 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: 12 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 $47 left after costs.
Which is bigger, Extended or Deribit?
24-hour volume: Extended $502.6M, Deribit $3.06B. Open interest as each reports it: $202.5M 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.