Derive vs Gate
Head to head
the arrow points to the better figure| Derive | Gate | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $15.01 |
| — | BTC trade, $1M | $1,888 |
| — | BTC book depth | $4.3M |
| 0.030%/0.010% | ◀Taker / maker | 0.075%/-0.010% |
| 15x | Max leverage▶ | 200x |
| Size | ||
| — | Volume 24h▶ | $21.02B |
| — | Volume, 7-day average | $14.37B |
| $84.6Mone side | Open interest | $12.33Blongs + shorts |
| $295K | TVL | — |
| Markets | ||
| 15 | Markets▶ | 1080 |
| 0 | Stocks & RWA▶ | 466 |
| — | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0076% |
| +0.212% | BTC longs paid, 30d | +0.467% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $GT |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 0
funding /8h · Net 7d at $10kOnly on Derive: 0
Only on Gate: 1070
BTC · ETH · SOL · HYPE · ZEC · SOXL · XRP · SNDK · XAU · DOGE · XAUT · SPCX · BNB · XAG · GOOGL · CL · SUI · NEAR · LINK · UNI · SKHYNIX · ENA · TRX · CRCL · LTC · MU · PEPE · ADA · AAVE · TRUMP · BCH · NVDA · AVAX · WLD · QQQ · XLM · ONDO · ASTER · XMR · FARTCOIN · MSTR · DOT · PAXG · TAO · LIT · INJ · FIL · ARB · INTC · BTW · TSLA · WLFI · ZRO · VVV · FF · SKHY · SOXS · PONS · GRAM · HBAR · and 1010 more
Questions
Which has more markets, Derive or Gate?
Derive lists 15 active markets and Gate 1080; 0 assets trade on both.
Does Derive or Gate require KYC?
Derive: No ID, the account is created by your first deposit; not for US persons, Australian tax residents, Ontario or sanctioned countries. Gate: KYC before the futures account opens; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Derive and Gate?
Not profitably right now: none of the 0 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Derive or Gate?
24-hour volume: Derive {va}, Gate $21.02B. Open interest as each reports it: $84.6M and $12.33B. Gate reports open interest as longs plus shorts, both sides of every position; Derive reports one side. For the same positions Gate's figure reads about twice as large. TVL: $295K and none published.

