gTrade (Gains Network) vs Deribit
Deribit traded 963× gTrade (Gains Network)'s 24-hour volume ($12.68B vs $13.2M).
Head to head
the arrow points to the better figure| gTrade (Gains Network) | Deribit | |
|---|---|---|
| Trading | ||
| $8.04 | BTC trade, $10k▶ | $7.06 |
| $893 | ◀BTC trade, $1M | $1,461 |
| $50.0M | BTC book depth≈ | $46.5M |
| 0.035%/0.035% | Taker / maker≈ | 0.035%/0.015% |
| 1000x | ◀Max leverage | 50x |
| Size | ||
| $13.2M | Volume 24h▶ | $12.68B |
| $13.7M | Volume, 7-day average▶ | $9.13B |
| $1.9Mlongs + shorts | Open interest | $1.33Bone side |
| $6.6M | TVL | — |
| Markets | ||
| 134 | Markets≈ | 144 |
| 43 | Stocks & RWA≈ | 42 |
| 1h | Funding paid every | 1h |
| L +0.0131% / S −0.0121% | BTC funding /8h | +0.0132% |
| +0.675% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| $GNS | Token | none yet |
| Not active | Airdrop | — |
Cost to trade BTC
| Size | gTrade (Gains Network) | Deribit |
|---|---|---|
| $1k | $0.808.0 bp | $0.717.1 bp |
| $10k | $8.048.0 bp | $7.067.1 bp |
| $100k | $81.108.1 bp | $78.347.8 bp |
| $1M | $8938.9 bp | $1,46114.6 bp |
| $5M | $6,37612.8 bp | $15,57631.2 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 59
funding /8h · Net 7d at $10k| Asset | gTrade (Gains Network) | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | L +0.0131% / S −0.0121% | +0.0196% | +0.0064% | −$30 |
| WLFI | L −0.1382% / S +0.0932% | +0.0198% | +0.1580% | −$950 |
| ETH | L +0.0066% / S 0.0000% | 0.0000% | 0.0000% | $0 |
| XRP | L +0.0191% / S −0.0261% | +0.0102% | +0.0159% | — |
| NEAR | L +0.0365% / S −0.0501% | +0.0230% | +0.0271% | −$254 |
| ZEC | L +0.0249% / S −0.0701% | 0.0000% | +0.0701% | −$238 |
| HYPE | L +0.0140% / S −0.1502% | +0.0051% | +0.1451% | −$251 |
| SOL | L +0.0153% / S −0.0131% | 0.0000% | +0.0131% | −$274 |
| ONDO | L +0.0411% / S −0.0233% | −0.0282% | — | — |
| HBAR | L +0.0652% / S −0.0709% | +0.0042% | — | — |
| FARTCOIN | L +0.0357% / S −0.0820% | +0.0365% | +0.0455% | — |
| PEPE | L +0.0353% / S +0.0046% | 0.0000% | −0.0046% | −$256 |
| LIT | L +0.0400% / S −0.0520% | 0.0000% | — | — |
| ARB | L +0.0175% / S −0.0041% | 0.0000% | — | — |
| AAVE | L +0.0378% / S −0.0170% | 0.0000% | +0.0170% | −$358 |
| LINK | L +0.0192% / S +0.0030% | 0.0000% | — | — |
| ALGO | L +0.0050% / S +0.0010% | 0.0000% | — | — |
| POL | L +0.0402% / S +0.0001% | −0.0394% | — | — |
| DOGE | L +0.0312% / S −0.0259% | 0.0000% | — | — |
| SUI | L +0.0246% / S −0.0183% | 0.0000% | — | — |
Only on gTrade (Gains Network): 15
COPPER · QNT · GRAM · STX · IMX · XMR · GRT · FLOKI · RAY · URNM · KAS · MNT · RE · XPT · VET
Only on Deribit: 83
EURC · PAXG · SOXL · QQQ · SPY · CRCL · GOOGL · ANTHROPIC · SPCX · MSTR · MU · BE · INTC · AERO · NVDA · MSFT · LITE · BZ · SNDK · OPENAI · CRV · CBRS · KORU · AAPL · TSLA · EWY · AMZN · NBIS · DRAM · META · COIN50 · SOXS · SNXX · SKHY · ETHFI · TSM · MRVL · AMD · ORCL · MON · PENDLE · HOOD · DELL · PLTR · ARM · APE · AVGO · LDO · MERL · DASH · CRWV · STRK · JTO · PNUT · PYTH · BILL · DYDX · MORPHO · PONS · BERA · and 23 more
Questions
Is gTrade (Gains Network) or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.04 on gTrade (Gains Network) and $7.06 on Deribit right now, taker fee and order-book slippage together, so Deribit is cheaper. Taker fees: 0.035% and 0.035%.
Which has more markets, gTrade (Gains Network) or Deribit?
gTrade (Gains Network) lists 134 active markets and Deribit 144; 59 assets trade on both, 3 of them stocks, commodities or other real-world assets.
Does gTrade (Gains Network) or Deribit require KYC?
gTrade (Gains Network): No ID; not for US persons or residents (whatever the IP) or sanctioned persons, VPNs forbidden. 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 gTrade (Gains Network) and Deribit?
Yes: 1 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 ETH, long on Deribit and short on gTrade (Gains Network), with $0 left after costs.
Which is bigger, gTrade (Gains Network) or Deribit?
24-hour volume: gTrade (Gains Network) $13.2M, Deribit $12.68B. Open interest as each reports it: $1.9M and $1.33B. gTrade (Gains Network) reports open interest as the sum of its traders' longs and shorts; Deribit reports one side. For the same positions gTrade (Gains Network)'s figure reads about twice as large. TVL: $6.6M and none published.