Head to head
the arrow points to the better figure| RISEx | Deribit | |
|---|---|---|
| Trading | ||
| $9.32 | BTC trade, $10k▶ | $7.06 |
| $1,887 | BTC trade, $1M▶ | $1,461 |
| $4.2M | BTC book depth▶ | $46.5M |
| 0.030%/0.010% | ◀Taker / maker | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $171.2M | Volume 24h▶ | $12.65B |
| $182.7M | Volume, 7-day average▶ | $9.13B |
| $76.4Mlongs + shorts | Open interest | $1.33Bone side |
| $21.8M | TVL | — |
| Markets | ||
| 50 | Markets▶ | 144 |
| 26 | Stocks & RWA▶ | 42 |
| 1h | Funding paid every | 1h |
| +0.0796% | BTC funding /8h | +0.0077% |
| +0.824% | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
Cost to trade BTC
| Size | RISEx | Deribit |
|---|---|---|
| $1k | $0.909.0 bp | $0.717.1 bp |
| $10k | $9.329.3 bp | $7.067.1 bp |
| $100k | $93.539.4 bp | $78.347.8 bp |
| $1M | $1,88718.9 bp | $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: 44
funding /8h · Net 7d at $10k| Asset | RISEx | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0796% | +0.0017% | +0.0779% | −$8 |
| ETH | +0.1324% | 0.0000% | +0.1324% | −$22 |
| HYPE | +0.1611% | +0.0013% | +0.1598% | −$15 |
| ZEC | +0.2054% | 0.0000% | +0.2054% | −$41 |
| SOL | +0.0752% | 0.0000% | +0.0752% | −$31 |
| XRP | −0.0094% | +0.0006% | +0.0100% | −$30 |
| BNB | +0.0257% | +0.0200% | +0.0057% | −$22 |
| NEAR | +0.1097% | +0.0287% | +0.0810% | −$13 |
| PUMP | +0.0231% | +0.0255% | +0.0024% | −$28 |
| WLD | −0.0322% | −0.0332% | +0.0010% | −$2 |
| DOGE | +0.0064% | 0.0000% | +0.0064% | −$13 |
| AERO | +0.0043% | +0.2617% | +0.2574% | −$325 |
| ONDO | −0.0123% | −0.0285% | +0.0162% | −$18 |
| LIT | −0.0066% | 0.0000% | +0.0066% | −$73 |
| ENA | +0.0079% | +0.0055% | +0.0023% | +$3 |
| AAVE | −0.0081% | 0.0000% | +0.0081% | −$43 |
| VVV | −0.0096% | +0.0389% | +0.0485% | −$98 |
| TAO | −0.0025% | 0.0000% | +0.0025% | −$50 |
| ARB | −0.0090% | 0.0000% | +0.0090% | −$36 |
| MON | +0.0004% | −0.0161% | +0.0165% | −$11 |
Only on Deribit: 98
EURC · PAXG · AVAX · LINK · UNI · TRX · SUI · ADA · LTC · ANTHROPIC · XLM · BE · DOT · BCH · MSFT · LITE · HBAR · OPENAI · CRV · WIF · CBRS · AAPL · INJ · EWY · AMZN · NBIS · TRUMP · RENDER · SOXS · COIN50 · FARTCOIN · SKHY · SNXX · FIL · ETHFI · MRVL · ATOM · AMD · PEPE · ORCL · TSM · FET · ASTER · PENGU · WLFI · ALGO · PENDLE · DELL · VIRTUAL · POL · APT · PLTR · TIA · AVGO · APE · LDO · MERL · DASH · SHIB · JTO · and 38 more
Questions
Is RISEx or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.32 on RISEx and $7.06 on Deribit right now, taker fee and order-book slippage together, so Deribit is cheaper. Taker fees: 0.03% and 0.035%.
Which has more markets, RISEx or Deribit?
RISEx lists 50 active markets and Deribit 144; 44 assets trade on both, 22 of them stocks, commodities or other real-world assets.
Does RISEx or Deribit require KYC?
RISEx: No ID, but mainnet is invite-only; the terms keep a right to KYC and bar the US, UK, Canada, Vietnam and 20 more 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 RISEx and Deribit?
Yes: 2 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 SPY, long on RISEx and short on Deribit, with $43 left after costs.
Which is bigger, RISEx or Deribit?
24-hour volume: RISEx $171.2M, Deribit $12.65B. Open interest as each reports it: $76.4M and $1.33B. RISEx reports open interest as longs plus shorts, both sides of every position; Deribit reports one side. For the same positions RISEx's figure reads about twice as large. TVL: $21.8M and none published.