Head to head
the arrow points to the better figure| edgeX | Extended | |
|---|---|---|
| Trading | ||
| $9.04 | BTC trade, $10k▶ | $5.12 |
| $940 | BTC trade, $1M▶ | $568 |
| $59.2M | ◀BTC book depth | $11.5M |
| 0.045%/0.040% | Taker / maker▶ | 0.025%/0.000% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $655.3M | ◀Volume 24h | $492.8M |
| $737.1M | ◀Volume, 7-day average | $427.8M |
| $446.2Mone side | Open interest | $203.1Mlongs + shorts |
| $61.4M | TVL▶ | $119.2M |
| Markets | ||
| 181 | Markets▶ | 307 |
| 107 | Stocks & RWA▶ | 130 |
| 4h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | −0.0048% |
| +0.346% | BTC longs paid, 30d | +0.684% |
| Access | ||
| No ID | KYC | No ID |
| $EDGE | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | edgeX | Extended |
|---|---|---|
| $1k | $0.909.0 bp | $0.515.1 bp |
| $10k | $9.049.0 bp | $5.125.1 bp |
| $100k | $90.459.0 bp | $51.165.1 bp |
| $1M | $9409.4 bp | $5685.7 bp |
| $5M | $5,70811.4 bp | $9,20418.4 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 |
|---|---|---|---|---|
| XAU | +0.0188% | +0.0040% | +0.0148% | −$15 |
| SKHYNIX | −0.0617% | −0.0688% | +0.0071% | +$65 |
| MU | +0.0919% | +0.0032% | +0.0887% | +$30 |
| SPCX | −0.0487% | −0.0248% | +0.0239% | −$52 |
| XAG | +0.0133% | +0.0032% | +0.0101% | −$15 |
| SNDK | +0.0543% | +0.0272% | +0.0271% | +$85 |
| CL | +0.0032% | +0.0032% | 0.0000% | −$2 |
| TSLA | +0.0433% | 0.0000% | +0.0433% | +$53 |
| HOOD | +0.0774% | 0.0000% | +0.0774% | −$27 |
| BZ | −0.0359% | −0.0504% | +0.0145% | −$3 |
| GOOGL | +0.0054% | +0.0184% | +0.0130% | −$110 |
| EWY | +0.0340% | 0.0000% | +0.0340% | +$50 |
| NVDA | −0.0548% | +0.0032% | +0.0580% | −$1 |
| DRAM | +0.0022% | +0.0144% | +0.0122% | −$20 |
| MSFT | +0.0305% | 0.0000% | +0.0305% | +$78 |
| UNITREE | +0.0047% | 0.0000% | +0.0047% | −$90 |
| SOXL | −0.0460% | −0.0200% | +0.0260% | −$33 |
| META | +0.0056% | 0.0000% | +0.0056% | −$26 |
| AMD | +0.0282% | 0.0000% | +0.0282% | +$56 |
| NATGAS | +0.1243% | +0.1432% | +0.0189% | −$78 |
Only on edgeX: 71
QQQ · SPY · EWJ · CXMT · V · POPMART · SKUU · XIAOMI · TENCENT · GDX · CRM · KO · SNXX · GIGADEV · UAI · XPD · ZHONGJI · OUST · XLE · JPM · BYD · BRKB · NET · TZA · RDDT · ESP · PYPL · SOXS · RATS · NIULAI · 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 · IONQ · APLD · BP · MEITUAN · NAVER · and 11 more
Only on Extended: 216
EUR · SP500 · NAS100 · JUP · JTO · LDO · XAUT · XPL · AVAX · PAXG · AERO · GRASS · STX · S · CHIP · WLFI · MORPHO · STRK · PENGU · MEGA · FARTCOIN · APT · OPENAI · PURR · POL · CRWD · HBAR · TIA · TTWO · ETHFI · EIGEN · MARSCOIN · CHZ · WIF · JASMY · SEI · DASH · TXN · FET · INJ · AKT · BE · AZTEC · KSM · SAGA · SHIB · ADI · QNT · BONK · JP225 · ANTHROPIC · ORCA · AR · TER · AMGN · RENDER · AMAT · SPX · POPCAT · SAND · and 156 more
Questions
Is edgeX or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.04 on edgeX and $5.12 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: 15 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 $85 left after costs.
Which is bigger, edgeX or Extended?
24-hour volume: edgeX $655.3M, Extended $492.8M. Open interest as each reports it: $446.2M and $203.1M. 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.

