Katana Perps vs Deribit
Deribit traded 165× Katana Perps's 24-hour volume ($12.68B vs $76.9M) and holds 2620× its open interest.
Head to head
the arrow points to the better figure| Katana Perps | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.019%/0.005% | ◀Taker / maker | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $76.9M | Volume 24h▶ | $12.68B |
| $44.0M | Volume, 7-day average▶ | $9.13B |
| $509K | Open interest▶ | $1.33B |
| $1.3M | TVL | — |
| Markets | ||
| 10 | Markets▶ | 144 |
| 0 | Stocks & RWA▶ | 42 |
| 8h | Funding paid every | 1h |
| +0.0106% | BTC funding /8h | +0.0132% |
| +0.897% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | Katana Perps | Deribit |
|---|---|---|
| $1k | — | $0.717.1 bp |
| $10k | — | $7.067.1 bp |
| $100k | — | $78.347.8 bp |
| $1M | — | $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 | Katana Perps | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | 0.0000% | +0.0100% | — |
| BTC | +0.0106% | +0.0196% | +0.0089% | — |
| SOL | +0.0100% | 0.0000% | +0.0100% | — |
| XRP | +0.0100% | +0.0102% | +0.0002% | — |
| HYPE | +0.0100% | +0.0051% | +0.0049% | — |
| ZEC | +0.0100% | 0.0000% | +0.0100% | — |
| DOGE | +0.0100% | 0.0000% | — | — |
| TAO | +0.0090% | 0.0000% | +0.0090% | — |
| PUMP | +0.0093% | +0.0001% | — | — |
Only on Katana Perps: 1
Only on Deribit: 133
EURC · PAXG · XAU · SOXL · QQQ · NEAR · AVAX · XAG · LINK · UNI · SPY · CRCL · TRX · GOOGL · BNB · ANTHROPIC · SUI · ADA · LTC · XLM · SPCX · MSTR · AAVE · MU · BE · ENA · DOT · BCH · INTC · CL · WLD · AERO · NVDA · MSFT · LITE · HBAR · BZ · SNDK · OPENAI · CRV · WIF · CBRS · ONDO · INJ · KORU · AAPL · TSLA · EWY · AMZN · ARB · NBIS · DRAM · META · TRUMP · RENDER · COIN50 · SOXS · FARTCOIN · SNXX · SKHY · and 73 more
Questions
Which has more markets, Katana Perps or Deribit?
Katana Perps lists 10 active markets and Deribit 144; 9 assets trade on both.
Does Katana Perps or Deribit require KYC?
Katana Perps: No ID, your wallet is the account; not for the US, Panama 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 Katana Perps and Deribit?
Not profitably right now: none of the 9 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Katana Perps or Deribit?
24-hour volume: Katana Perps $76.9M, Deribit $12.68B. Open interest as each reports it: $509K and $1.33B. TVL: $1.3M and none published.

