Hibachi vs Deribit
Deribit traded 462× Hibachi's 24-hour volume ($12.69B vs $27.5M) and holds 977× its open interest.
Head to head
the arrow points to the better figure| Hibachi | Deribit | |
|---|---|---|
| Trading | ||
| $11.30 | BTC trade, $10k▶ | $7.06 |
| $14,686 | BTC trade, $1M▶ | $1,461 |
| $1.2M | BTC book depth▶ | $46.5M |
| 0.045%/0.000% | Taker / maker▶ | 0.035%/0.015% |
| 30x | Max leverage▶ | 50x |
| Size | ||
| $27.5M | Volume 24h▶ | $12.69B |
| $16.2M | Volume, 7-day average▶ | $9.13B |
| $1.4M | Open interest▶ | $1.33B |
| $3.3M | TVL | — |
| Markets | ||
| 15 | Markets▶ | 144 |
| 7 | Stocks & RWA▶ | 42 |
| 1h | Funding paid every | 1h |
| +0.0280% | BTC funding /8h | +0.0146% |
| +1.672% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Hibachi | Deribit |
|---|---|---|
| $1k | $1.0910.9 bp | $0.717.1 bp |
| $10k | $11.3011.3 bp | $7.067.1 bp |
| $100k | $14714.7 bp | $78.347.8 bp |
| $1M | $14,686146.9 bp | $1,46114.6 bp |
| $5M | — | $15,57631.2 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 9
funding /8h · Net 7d at $10k| Asset | Hibachi | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0280% | +0.0246% | +0.0084% | −$11 |
| HYPE | +0.0704% | +0.0137% | +0.0653% | −$94 |
| BNB | +0.0584% | +0.0200% | +0.0384% | +$24 |
| ETH | −0.0168% | 0.0000% | +0.0168% | −$45 |
| PAXG | +0.0264% | +0.0272% | +0.0193% | −$71 |
| SOL | −0.0208% | 0.0000% | +0.0216% | — |
| XRP | +0.0056% | +0.0102% | — | — |
| SUI | +0.0408% | 0.0000% | — | — |
Only on Deribit: 133
EURC · XAU · SOXL · ZEC · QQQ · NEAR · AVAX · LINK · UNI · SPY · CRCL · DOGE · TRX · GOOGL · ANTHROPIC · ADA · LTC · XLM · SPCX · MSTR · AAVE · MU · BE · ENA · DOT · BCH · INTC · WLD · AERO · CL · NVDA · MSFT · LITE · HBAR · BZ · SNDK · OPENAI · CRV · WIF · CBRS · ONDO · KORU · INJ · AAPL · TSLA · EWY · AMZN · ARB · NBIS · DRAM · META · TRUMP · RENDER · PUMP · TAO · COIN50 · SOXS · SNXX · FARTCOIN · SKHY · and 73 more
Questions
Is Hibachi or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $11.30 on Hibachi and $7.06 on Deribit right now, taker fee and order-book slippage together, so Deribit is cheaper. Taker fees: 0.045% and 0.035%.
Which has more markets, Hibachi or Deribit?
Hibachi lists 15 active markets and Deribit 144; 9 assets trade on both, 1 of them stocks, commodities or other real-world assets.
Does Hibachi or Deribit require KYC?
Hibachi: No ID; not for the US, the UK 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 Hibachi 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 BNB, long on Deribit and short on Hibachi, with $24 left after costs.
Which is bigger, Hibachi or Deribit?
24-hour volume: Hibachi $27.5M, Deribit $12.69B. Open interest as each reports it: $1.4M and $1.33B. TVL: $3.3M and none published.