Head to head
the arrow points to the better figure| edgeX | Extended | |
|---|---|---|
| Trading | ||
| $9.02 | BTC trade, $10k▶ | $5.12 |
| $928 | BTC trade, $1M▶ | $626 |
| $62.1M | ◀BTC book depth | $9.0M |
| 0.045%/0.040% | Taker / maker▶ | 0.025%/0.000% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $696.3M | ◀Volume 24h | $502.6M |
| $737.1M | ◀Volume, 7-day average | $427.8M |
| $448.0Mone side | Open interest | $202.5Mlongs + shorts |
| $61.4M | TVL▶ | $119.2M |
| Markets | ||
| 181 | Markets▶ | 307 |
| 107 | Stocks & RWA▶ | 130 |
| 4h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0088% |
| +0.346% | BTC longs paid, 30d | +0.688% |
| 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 | $9.029.0 bp | $5.125.1 bp |
| $100k | $90.329.0 bp | $51.165.1 bp |
| $1M | $9289.3 bp | $6266.3 bp |
| $5M | $5,56711.1 bp | $13,01526.0 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 110
funding /8h · Net 7d at $10k| Asset | edgeX | Extended | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0157% | +0.0040% | +0.0117% | −$15 |
| SKHYNIX | +0.0997% | 0.0000% | +0.0997% | +$65 |
| SPCX | −0.0192% | 0.0000% | +0.0192% | −$56 |
| MU | +0.0443% | +0.0032% | +0.0411% | +$30 |
| XAG | +0.0109% | +0.0032% | +0.0077% | −$14 |
| SNDK | +0.0731% | +0.0136% | +0.0595% | +$77 |
| CL | +0.0053% | +0.0032% | +0.0021% | −$71 |
| TSLA | +0.0732% | 0.0000% | +0.0732% | +$51 |
| HOOD | +0.0701% | +0.0136% | +0.0565% | −$34 |
| BZ | −0.0188% | −0.0504% | +0.0316% | +$1 |
| GOOGL | +0.0036% | +0.0272% | +0.0236% | −$123 |
| EWY | +0.0249% | +0.0088% | +0.0161% | +$47 |
| NVDA | −0.0314% | +0.0032% | +0.0346% | −$13 |
| DRAM | +0.0027% | +0.0048% | +0.0021% | −$24 |
| MSFT | +0.0482% | 0.0000% | +0.0482% | +$76 |
| SOXL | −0.0090% | −0.0160% | +0.0070% | −$81 |
| UNITREE | +0.0568% | 0.0000% | +0.0568% | −$86 |
| META | +0.0177% | 0.0000% | +0.0177% | −$24 |
| AMD | −0.0386% | 0.0000% | +0.0386% | −$134 |
| CRCL | +0.0987% | 0.0000% | +0.0987% | +$51 |
Only on edgeX: 71
QQQ · SPY · EWJ · CXMT · V · POPMART · SKUU · XIAOMI · TENCENT · GDX · CRM · KO · SNXX · GIGADEV · UAI · XPD · ZHONGJI · OUST · XLE · NET · JPM · BYD · BRKB · RDDT · TZA · ESP · PYPL · SOXS · NIULAI · RATS · LYTE · LGELECTRONICS · BITO · HANMI · VST · TBT · XLV · HAJIMI · ZHIPU · DJT · PENG · GS · EUL · SAMSUNGEM · ON · POLYMARKET · QNT · KODEX200 · SKDD · ALLO · KUAISHOU · LAB · SHAZ · MOONSHOT · IONQ · TMF · APLD · BP · MEITUAN · NAVER · and 11 more
Only on Extended: 215
EUR · SP500 · NAS100 · JUP · JTO · LDO · XAUT · AVAX · XPL · PAXG · AERO · GRASS · STX · S · CHIP · WLFI · MORPHO · MEGA · FARTCOIN · STRK · PENGU · HBAR · APT · OPENAI · PURR · CRWD · POL · TIA · TTWO · EIGEN · MARSCOIN · ETHFI · CHZ · SEI · WIF · JASMY · DASH · TXN · FET · INJ · KSM · BE · AZTEC · AKT · SHIB · ADI · SAGA · QNT · BONK · RENDER · JP225 · ANTHROPIC · ORCA · TER · SPX · AMAT · AMGN · POPCAT · H · SAND · and 155 more
Questions
Is edgeX or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.02 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: 13 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 $77 left after costs.
Which is bigger, edgeX or Extended?
24-hour volume: edgeX $696.3M, Extended $502.6M. Open interest as each reports it: $448.0M and $202.5M. 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.