Head to head
the arrow points to the better figure| edgeX | Extended | |
|---|---|---|
| Trading | ||
| $9.93 | BTC trade, $10k▶ | $5.46 |
| $1,014 | BTC trade, $1M▶ | $688 |
| $58.1M | ◀BTC book depth | $11.2M |
| 0.045%/0.040% | Taker / maker▶ | 0.025%/0.000% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $658.4M | ◀Volume 24h | $501.6M |
| $737.1M | ◀Volume, 7-day average | $427.8M |
| $448.0Mone side | Open interest | $203.3Mlongs + shorts |
| $61.4M | TVL▶ | $119.2M |
| Markets | ||
| 181 | Markets▶ | 307 |
| 107 | Stocks & RWA▶ | 130 |
| 4h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | 0.0000% |
| +0.346% | BTC longs paid, 30d | +0.687% |
| Access | ||
| No ID | KYC | No ID |
| $EDGE | Token | none yet |
| Active | Airdrop | Active |
Cost to trade ETH
| Size | edgeX | Extended |
|---|---|---|
| $1k | $0.949.4 bp | $0.545.4 bp |
| $10k | $10.2010.2 bp | $5.375.4 bp |
| $100k | $10310.3 bp | $53.685.4 bp |
| $1M | $1,04910.5 bp | $9879.9 bp |
| $5M | $6,29612.6 bp | $14,11528.2 bp |
HYPE funding per day
pair pageSize
daily, last yearVolume by asset class
last yearOn both: 110
funding /8h · Net 7d at $10k| Asset | edgeX | Extended | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | 0.0000% | +0.0100% | −$7 |
| ETH | −0.0104% | +0.0104% | +0.0208% | −$14 |
| SOL | +0.0100% | +0.0096% | +0.0004% | −$14 |
| HYPE | +0.0093% | +0.0104% | +0.0011% | −$10 |
| BNB | +0.0100% | +0.0104% | +0.0004% | −$22 |
| XMR | +0.0100% | +0.0104% | +0.0004% | −$20 |
| ZEC | +0.0100% | +0.0104% | +0.0004% | −$17 |
| XRP | +0.0100% | +0.0104% | +0.0004% | −$17 |
| NEAR | +0.0100% | +0.0040% | +0.0060% | −$40 |
| TRX | +0.0100% | −0.0248% | +0.0348% | +$39 |
| DOGE | +0.0100% | +0.0104% | +0.0004% | −$22 |
| ENA | +0.0100% | +0.0104% | +0.0004% | −$38 |
| LIT | +0.0100% | +0.0104% | +0.0004% | −$30 |
| ASTER | +0.0088% | +0.0104% | +0.0016% | −$24 |
| SUI | +0.0100% | −0.0032% | +0.0132% | −$19 |
| AAVE | +0.0100% | +0.0104% | +0.0004% | −$38 |
| UNI | +0.0100% | +0.0104% | +0.0004% | −$26 |
| PUMP | +0.0100% | +0.0104% | +0.0004% | −$15 |
| ADA | +0.0100% | +0.0104% | +0.0004% | −$29 |
| VVV | +0.0114% | +0.0104% | +0.0010% | −$111 |
Only on edgeX: 71
QQQ · SPY · EWJ · CXMT · V · POPMART · SKUU · XIAOMI · TENCENT · GDX · CRM · KO · SNXX · GIGADEV · UAI · XPD · ZHONGJI · OUST · XLE · JPM · BRKB · BYD · NET · RDDT · TZA · ESP · PYPL · SOXS · NIULAI · RATS · LYTE · LGELECTRONICS · BITO · HANMI · VST · TBT · HAJIMI · XLV · ZHIPU · DJT · PENG · GS · EUL · SAMSUNGEM · QNT · ON · POLYMARKET · KODEX200 · SKDD · ALLO · KUAISHOU · LAB · MOONSHOT · SHAZ · TMF · APLD · IONQ · BP · MEITUAN · NAVER · and 11 more
Only on Extended: 216
EUR · SP500 · NAS100 · JUP · JTO · LDO · XAUT · AVAX · XPL · PAXG · AERO · GRASS · STX · S · CHIP · WLFI · MORPHO · STRK · MEGA · PENGU · FARTCOIN · HBAR · APT · OPENAI · PURR · POL · CRWD · TIA · ETHFI · TTWO · EIGEN · MARSCOIN · CHZ · SEI · WIF · JASMY · DASH · TXN · FET · KSM · INJ · BE · AZTEC · AKT · SHIB · ADI · SAGA · QNT · BONK · ORCA · JP225 · ANTHROPIC · SPX · TER · AMAT · AMGN · RENDER · H · POPCAT · AR · and 156 more
Questions
Is edgeX or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.93 on edgeX and $5.46 on Extended right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.045% and 0.025%.
Which has more markets, edgeX or Extended?
edgeX lists 181 active markets and Extended 307; 110 assets trade on both, 55 of them stocks, commodities or other real-world assets.
Does edgeX or Extended require KYC?
edgeX: No ID, a wallet or MPC login; not for US or Ontario residents or sanctioned countries, VPNs forbidden. Extended: No ID (only transaction screening and third-party on-ramps); not for the US, UK, Canada, Hong Kong, Russia or sanctioned countries.
Can you arbitrage funding between edgeX and Extended?
Yes: 19 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 SNDK, long on Extended and short on edgeX, with $82 left after costs.
Which is bigger, edgeX or Extended?
24-hour volume: edgeX $658.4M, Extended $501.6M. Open interest as each reports it: $448.0M and $203.3M. Extended reports open interest as longs plus shorts, both sides of every position; edgeX reports one side. For the same positions Extended's figure reads about twice as large. TVL: $61.4M and $119.2M.

