Perpl vs Deribit
Deribit traded 621× Perpl's 24-hour volume ($12.68B vs $20.4M) and holds 1164× its open interest.
Head to head
the arrow points to the better figure| Perpl | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.035%/0.005% | Taker / maker≈ | 0.035%/0.015% |
| 15x | Max leverage▶ | 50x |
| Size | ||
| $20.4M | Volume 24h▶ | $12.68B |
| $18.9M | Volume, 7-day average▶ | $9.13B |
| $1.1M | Open interest▶ | $1.33B |
| $3.2M | TVL | — |
| Markets | ||
| 11 | Markets▶ | 144 |
| 0 | Stocks & RWA▶ | 42 |
| 43m | Funding paid every | 1h |
| +0.0223% | BTC funding /8h | +0.0132% |
| +0.728% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Perpl | 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: 11
funding /8h · Net 7d at $10k| Asset | Perpl | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0223% | +0.0196% | +0.0027% | — |
| ETH | −0.0447% | 0.0000% | +0.0447% | — |
| MON | 0.0000% | −0.0453% | +0.0453% | — |
| SOL | +0.0447% | 0.0000% | +0.0447% | — |
| ZEC | 0.0000% | 0.0000% | 0.0000% | — |
| HYPE | +0.0335% | +0.0051% | +0.0284% | — |
| PUMP | +0.0447% | +0.0001% | +0.0446% | — |
| VVV | +0.0447% | −0.0108% | +0.0554% | — |
| UNI | 0.0000% | 0.0000% | 0.0000% | — |
| NEAR | +0.0447% | +0.0230% | +0.0217% | — |
| LIT | −0.0112% | 0.0000% | +0.0112% | — |
Only on Perpl: 0
Only on Deribit: 131
EURC · PAXG · XRP · XAU · SOXL · QQQ · AVAX · XAG · LINK · SPY · CRCL · DOGE · 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 · TAO · COIN50 · SOXS · FARTCOIN · SNXX · and 71 more
Questions
Which has more markets, Perpl or Deribit?
Perpl lists 11 active markets and Deribit 144; 11 assets trade on both.
Does Perpl or Deribit require KYC?
Perpl: No ID; the app blocks the US, UK, Russia, Ukraine, Belarus and 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 Perpl and Deribit?
Not profitably right now: none of the 11 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Perpl or Deribit?
24-hour volume: Perpl $20.4M, Deribit $12.68B. Open interest as each reports it: $1.1M and $1.33B. TVL: $3.2M and none published.