Orderly vs Deribit
Deribit traded 148× Orderly's 24-hour volume ($12.65B vs $85.7M) and holds 28× its open interest.
Head to head
the arrow points to the better figure| Orderly | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.030%/0.000% | ◀Taker / maker | 0.035%/0.015% |
| 100x | ◀Max leverage | 50x |
| Size | ||
| $85.7M | Volume 24h▶ | $12.65B |
| $89.9M | Volume, 7-day average▶ | $9.13B |
| $46.9M | Open interest▶ | $1.33B |
| $25.9M | TVL | — |
| Markets | ||
| 159 | Markets≈ | 144 |
| 57 | ◀Stocks & RWA | 42 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0048% |
| +0.554% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| $ORDER | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | Orderly | 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: 103
funding /8h · Net 7d at $10k| Asset | Orderly | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | 0.0000% | +0.0088% | — |
| BTC | +0.0100% | +0.0017% | +0.0077% | — |
| SOL | +0.0032% | 0.0000% | +0.0033% | — |
| ZEC | +0.0026% | 0.0000% | +0.0026% | — |
| BNB | +0.0100% | +0.0200% | +0.0100% | — |
| HYPE | +0.0100% | +0.0013% | +0.0098% | — |
| TRX | +0.0100% | 0.0000% | +0.0100% | — |
| S | −0.0313% | +0.0017% | +0.0316% | — |
| XRP | +0.0100% | +0.0006% | +0.0085% | — |
| DOGE | +0.0078% | 0.0000% | +0.0107% | — |
| PUMP | +0.0005% | +0.0255% | — | — |
| ENA | +0.0092% | +0.0055% | +0.0093% | — |
| SUI | +0.0061% | 0.0000% | +0.0061% | — |
| WLD | −0.0247% | −0.0332% | — | — |
| NEAR | +0.0100% | +0.0287% | +0.0026% | — |
| LIT | −0.0184% | 0.0000% | +0.0053% | — |
| HBAR | +0.0090% | +0.0044% | — | — |
| ASTER | +0.0098% | +0.0157% | — | — |
| XPL | −0.0048% | 0.0000% | +0.0048% | — |
| BONK | −0.0063% | 0.0000% | +0.0061% | — |
Only on Orderly: 47
SP500 · RAY · EUR · NAS100 · ALPIX · ORDER · ZRO · UNITREE · XMR · USDJPY · WOO · SKHYNIX · WDC · USELESS · SPX · SAMSUNG · KAITO · GLW · CAKE · SYN · CAP · BIO · AAOI · BABA · ALLO · NATGAS · M · COIN · SKY · MARSCOIN · XAUT · COPPER · BVIV · DEXE · TQQQ · RE · ZHIPU · SQQQ · MET · MNT · GRAM · PEARL · FASTX · MVLL · CHUTES · STONK · MUU
Questions
Which has more markets, Orderly or Deribit?
Orderly lists 159 active markets and Deribit 144; 103 assets trade on both, 37 of them stocks, commodities or other real-world assets.
Does Orderly or Deribit require KYC?
Orderly: No ID (the terms allow checks where applicable); not for US persons or sanctioned countries, and each front end can add rules. 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 Orderly and Deribit?
Not profitably right now: none of the 103 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Orderly or Deribit?
24-hour volume: Orderly $85.7M, Deribit $12.65B. Open interest as each reports it: $46.9M and $1.33B. TVL: $25.9M and none published.