Head to head
the arrow points to the better figure| tradeXYZ | Deribit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $7.06 |
| — | BTC trade, $1M | $1,461 |
| — | BTC book depth | $46.5M |
| 0.009%/0.003% | ◀Taker / maker | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $6.52B | Volume 24h▶ | $12.67B |
| $3.59B | Volume, 7-day average▶ | $9.13B |
| $4.34Blongs + shorts | Open interest | $1.33Bone side |
| — | TVL | — |
| Markets | ||
| 120 | Markets▶ | 144 |
| 120 | ◀Stocks & RWA | 42 |
| 1h | Funding paid every | 1h |
| — | BTC funding /8h | +0.0120% |
| — | BTC longs paid, 30d | +0.745% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 37
funding /8h · Net 7d at $10kOnly on tradeXYZ: 83
SP500 · XYZ100 · SKHYNIX · ANT · SAMSUNG · CXMT · USDJPY · EUR · UNITREE · MRNA · PURRDAT · NATGAS · ZHIPU · STRC · COIN · BABA · BB · COPPER · TLT · LLY · KIOXIA · NFLX · RKLB · EWZ · IREN · JP225 · SMH · XPT · BMNR · GME · XPD · NET · MINIMAX · NOW · BOT · HYUNDAI · AAOI · HIMS · WDC · QCOM · ASML · RIVN · EWJ · NOK · URNM · KSTR · KR200 · USAR · SOFTBANK · GIGADEV · RDDT · JIO · SHAZ · QNT · XLE · EWT · OURA · IBM · CRWD · COST · and 23 more
Only on Deribit: 105
BTC · ETH · SOL · EURC · HYPE · PAXG · XRP · ZEC · QQQ · NEAR · AVAX · LINK · UNI · SPY · DOGE · TRX · BNB · SUI · ADA · LTC · ANTHROPIC · XLM · AAVE · ENA · DOT · BCH · WLD · AERO · HBAR · OPENAI · CRV · WIF · ONDO · INJ · ARB · TRUMP · PUMP · RENDER · TAO · COIN50 · SOXS · FARTCOIN · FIL · ETHFI · ATOM · FET · PEPE · ASTER · PENGU · MON · WLFI · ALGO · PENDLE · LIT · VIRTUAL · POL · VVV · APT · TIA · APE · and 45 more
Questions
Which has more markets, tradeXYZ or Deribit?
tradeXYZ lists 120 active markets and Deribit 144; 37 assets trade on both, 37 of them stocks, commodities or other real-world assets.
Does tradeXYZ or Deribit require KYC?
tradeXYZ: No ID; not for the US, Canada, the UK or sanctioned countries, and a VPN around the block is forbidden. 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 tradeXYZ 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 BZ, long on Deribit and short on tradeXYZ, with $1 left after costs.
Which is bigger, tradeXYZ or Deribit?
24-hour volume: tradeXYZ $6.52B, Deribit $12.67B. Open interest as each reports it: $4.34B and $1.33B. tradeXYZ reports open interest as longs plus shorts, both sides of every position; Deribit reports one side. For the same positions tradeXYZ's figure reads about twice as large.

