Head to head
the arrow points to the better figure| Reya | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.030%/0.030% | ◀Taker / maker | 0.035%/0.015% |
| 40x | Max leverage▶ | 50x |
| Size | ||
| $5.7M | Volume 24h▶ | $12.65B |
| $4.7M | Volume, 7-day average▶ | $9.13B |
| $1.8Mlongs + shorts | Open interest | $1.33Bone side |
| $9.9M | TVL | — |
| Markets | ||
| 31 | Markets▶ | 144 |
| 19 | Stocks & RWA▶ | 42 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0077% |
| +0.734% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| $REYA | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Reya | 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: 34
funding /8h · Net 7d at $10k| Asset | Reya | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0017% | +0.0083% | — |
| SOL | −0.0438% | 0.0000% | +0.0438% | — |
| ETH | −0.0059% | 0.0000% | +0.0059% | — |
| HYPE | −0.0280% | +0.0013% | +0.0293% | — |
| AAVE | −0.0216% | 0.0000% | — | — |
| LIT | −0.2287% | 0.0000% | — | — |
| LINK | −0.0899% | 0.0000% | — | — |
| XRP | −0.0391% | +0.0006% | — | — |
| NEAR | −0.0558% | +0.0287% | — | — |
| PUMP | −0.0406% | +0.0255% | +0.0661% | — |
| BNB | −0.0049% | +0.0200% | — | — |
| SUI | −0.0966% | 0.0000% | — | — |
| ENA | +0.0053% | +0.0055% | — | — |
| UNI | +0.0100% | +0.0015% | — | — |
| DOGE | −0.0118% | 0.0000% | — | — |
Only on Reya: 0
Only on Deribit: 108
EURC · PAXG · SOXL · ZEC · AVAX · TRX · ADA · LTC · ANTHROPIC · XLM · BE · DOT · BCH · WLD · AERO · LITE · HBAR · BZ · OPENAI · SNDK · CRV · WIF · CBRS · ONDO · INJ · KORU · EWY · ARB · DRAM · NBIS · TRUMP · TAO · RENDER · SOXS · COIN50 · FARTCOIN · SKHY · SNXX · FIL · ETHFI · MRVL · ATOM · PEPE · ORCL · TSM · FET · ASTER · PENGU · MON · WLFI · ALGO · PENDLE · DELL · VIRTUAL · POL · VVV · APT · PLTR · TIA · ARM · and 48 more
Questions
Which has more markets, Reya or Deribit?
Reya lists 31 active markets and Deribit 144; 34 assets trade on both, 19 of them stocks, commodities or other real-world assets.
Does Reya or Deribit require KYC?
Reya: No ID, wallet connect only; Reya publishes no terms or country list. 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 Reya and Deribit?
Not profitably right now: none of the 34 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Reya or Deribit?
24-hour volume: Reya $5.7M, Deribit $12.65B. Open interest as each reports it: $1.8M and $1.33B. Reya reports open interest as the sum of its traders' longs and shorts; Deribit reports one side. For the same positions Reya's figure reads about twice as large. TVL: $9.9M and none published.