Head to head
the arrow points to the better figure| QFEX | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.050%/0.020% | Taker / maker▶ | 0.035%/0.015% |
| 30x | Max leverage▶ | 50x |
| Size | ||
| $540.3M | Volume 24h▶ | $12.64B |
| $400.0M | Volume, 7-day average▶ | $9.13B |
| $356.7Mlongs + shorts | Open interest | $1.33Bone side |
| — | TVL | — |
| Markets | ||
| 236 | ◀Markets | 144 |
| 225 | ◀Stocks & RWA | 42 |
| 1h | Funding paid every | 1h |
| — | BTC funding /8h | +0.0088% |
| — | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 36
funding /8h · Net 7d at $10kOnly on QFEX: 189
NATGAS · NAS100 · SP500 · TLT · COPPER · SMH · NIKKEI · IBIT · BABA · RSP · BRKB · COST · VLO · XLF · ICE · LMT · TMO · NEM · ABVX · GS · IGV · UNH · DLR · ZS · STRC · TAIEX · BUG · EQIX · RTX · DUOL · COIN · ZBRA · RVMD · CYPH · ILMN · OURA · AKAM · WMT · MXL · LLY · NU · BA · FXF · NOC · SNOW · HUBS · LULU · NVO · JPM · VST · EBAY · JBL · NOW · CRM · BITU · CAT · CRWD · TTWO · XMTR · MCD · and 129 more
Only on Deribit: 106
BTC · ETH · SOL · EURC · HYPE · PAXG · XRP · ZEC · QQQ · NEAR · AVAX · LINK · UNI · SPY · DOGE · TRX · BNB · ADA · SUI · LTC · XLM · AAVE · ENA · DOT · BCH · WLD · AERO · HBAR · CRV · WIF · ONDO · INJ · EWY · ARB · KORU · TRUMP · PUMP · RENDER · TAO · COIN50 · FARTCOIN · SNXX · FIL · ETHFI · ATOM · FET · TSM · PEPE · ASTER · PENGU · MON · WLFI · ALGO · LIT · PENDLE · VIRTUAL · POL · APT · VVV · TIA · and 46 more
Questions
Which has more markets, QFEX or Deribit?
QFEX lists 236 active markets and Deribit 144; 36 assets trade on both, 36 of them stocks, commodities or other real-world assets.
Does QFEX or Deribit require KYC?
QFEX: No KYC to trade; access is by invite code. 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 QFEX 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 SOXL, long on QFEX and short on Deribit, with $2 left after costs.
Which is bigger, QFEX or Deribit?
24-hour volume: QFEX $540.3M, Deribit $12.64B. Open interest as each reports it: $356.7M and $1.33B. QFEX reports open interest as longs plus shorts, both sides of every position; Deribit reports one side. For the same positions QFEX's figure reads about twice as large.