Head to head
the arrow points to the better figure| edgeX | Extended | |
|---|---|---|
| Trading | ||
| $9.03 | BTC trade, $10k▶ | $5.12 |
| $938 | BTC trade, $1M▶ | $658 |
| $62.6M | ◀BTC book depth | $11.7M |
| 0.045%/0.040% | Taker / maker▶ | 0.025%/0.000% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $649.9M | ◀Volume 24h | $500.1M |
| $737.1M | ◀Volume, 7-day average | $427.8M |
| $448.3Mone side | Open interest | $203.6Mlongs + shorts |
| $61.4M | TVL▶ | $119.2M |
| Markets | ||
| 181 | Markets▶ | 307 |
| 107 | Stocks & RWA▶ | 130 |
| 4h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | −0.0032% |
| +0.346% | BTC longs paid, 30d | +0.687% |
| 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 | $9.039.0 bp | $5.125.1 bp |
| $100k | $90.439.0 bp | $53.425.3 bp |
| $1M | $9389.4 bp | $6586.6 bp |
| $5M | $5,66011.3 bp | $8,96817.9 bp |
HYPE funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 110
funding /8h · Net 7d at $10k| Asset | edgeX | Extended | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0228% | +0.0040% | +0.0188% | −$15 |
| SKHYNIX | +0.0442% | −0.0272% | +0.0714% | +$67 |
| MU | +0.0988% | +0.0032% | +0.0956% | +$34 |
| SPCX | −0.0740% | −0.0184% | +0.0556% | −$67 |
| XAG | +0.0201% | +0.0032% | +0.0169% | −$15 |
| SNDK | +0.0140% | +0.0032% | +0.0108% | +$80 |
| CL | +0.0006% | +0.0032% | +0.0026% | −$1 |
| TSLA | +0.0454% | 0.0000% | +0.0454% | +$52 |
| HOOD | +0.0426% | +0.0048% | +0.0378% | −$33 |
| BZ | −0.0317% | −0.0488% | +0.0171% | +$2 |
| GOOGL | +0.0430% | +0.0208% | +0.0222% | +$65 |
| EWY | +0.0300% | 0.0000% | +0.0300% | +$48 |
| NVDA | −0.0395% | +0.0032% | +0.0427% | −$5 |
| DRAM | +0.0041% | +0.0136% | +0.0095% | −$21 |
| MSFT | +0.0412% | 0.0000% | +0.0412% | +$76 |
| SOXL | −0.0785% | −0.0168% | +0.0617% | −$37 |
| UNITREE | +0.0645% | 0.0000% | +0.0645% | −$87 |
| META | +0.0261% | 0.0000% | +0.0261% | −$23 |
| AMD | +0.0288% | 0.0000% | +0.0288% | +$60 |
| NATGAS | +0.1089% | +0.0816% | +0.0273% | −$58 |
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 · MEGA · PENGU · STRK · FARTCOIN · HBAR · APT · OPENAI · PURR · POL · CRWD · TIA · ETHFI · TTWO · EIGEN · MARSCOIN · CHZ · SEI · WIF · JASMY · DASH · TXN · FET · KSM · INJ · BE · AKT · AZTEC · SHIB · ADI · SAGA · QNT · BONK · ORCA · JP225 · ANTHROPIC · TER · RENDER · AMGN · AMAT · SPX · H · AR · POPCAT · and 156 more
Questions
Is edgeX or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.03 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: 17 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 $80 left after costs.
Which is bigger, edgeX or Extended?
24-hour volume: edgeX $649.9M, Extended $500.1M. Open interest as each reports it: $448.3M and $203.6M. 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.