Hyperliquid vs Extended
Hyperliquid traded 9.1× Extended's 24-hour volume ($4.60B vs $503.5M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Hyperliquid | Extended | |
|---|---|---|
| Trading | ||
| $9.12 | BTC trade, $10k▶ | $5.12 |
| $985 | BTC trade, $1M▶ | $708 |
| $48.5M | ◀BTC book depth | $8.7M |
| 0.045%/0.015% | Taker / maker▶ | 0.025%/0.000% |
| 40x | Max leverage▶ | 100x |
| Size | ||
| $4.60B | ◀Volume 24h | $503.5M |
| $5.43B | ◀Volume, 7-day average | $427.8M |
| $13.56B | ◀Open interest | $202.5M |
| $7.14B | ◀TVL | $119.2M |
| Markets | ||
| 178 | Markets▶ | 307 |
| 152 | ◀Stocks & RWA | 130 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0080% |
| +0.720% | BTC longs paid, 30d | +0.688% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | none yet |
| Season 2 | Airdrop | Active |
Cost to trade SOL
| Size | Hyperliquid | Extended |
|---|---|---|
| $1k | $0.989.8 bp | $0.585.8 bp |
| $10k | $9.839.8 bp | $5.835.8 bp |
| $100k | $10610.6 bp | $58.905.9 bp |
| $1M | $1,58915.9 bp | $1,27212.7 bp |
| $5M | $14,85729.7 bp | — |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 115
funding /8h · Net 7d at $10k| Asset | Hyperliquid | Extended | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0080% | +0.0020% | −$6 |
| ETH | +0.0100% | +0.0096% | +0.0004% | −$12 |
| HYPE | +0.0100% | −0.0016% | +0.0116% | −$15 |
| SOL | +0.0100% | +0.0104% | +0.0004% | −$18 |
| PUMP | +0.0100% | +0.0104% | +0.0004% | −$17 |
| NEAR | +0.0100% | +0.0096% | +0.0004% | −$22 |
| LIT | +0.0100% | +0.0104% | +0.0004% | −$32 |
| ZEC | +0.0100% | +0.0104% | +0.0004% | −$24 |
| XMR | +0.0342% | +0.0104% | +0.0238% | −$14 |
| XRP | +0.0100% | +0.0104% | +0.0004% | −$16 |
| JUP | +0.0100% | +0.0104% | +0.0004% | −$34 |
| BNB | +0.0100% | −0.0056% | +0.0156% | −$18 |
| ZRO | +0.0100% | +0.0176% | +0.0076% | −$29 |
| SUI | +0.0100% | +0.0088% | +0.0012% | −$18 |
| GRAM | +0.0100% | +0.0104% | +0.0004% | −$37 |
| AAVE | +0.0100% | +0.0104% | +0.0004% | −$31 |
| ENA | +0.0100% | +0.0104% | +0.0004% | −$32 |
| LTC | +0.0100% | +0.0104% | +0.0004% | −$33 |
| ADA | +0.0100% | +0.0104% | +0.0004% | −$3 |
| TAO | +0.0100% | +0.0104% | +0.0004% | −$26 |
Only on Hyperliquid: 63 (+79 via HIP-3)
PURR · SYRUP · SKY · CC · MNT · IMX · MET · 0G · MINA · CAKE · KAS · GRIFFAIN · 2Z · APEX · IOTA · BERA · STBL · REZ · PYTH · MELANIA · BIO · GOAT · RESOLV · BSV · BLUR · ZETA · GMX · SUPER · COMP · ZK · ALT · TRB · NEO · FOGO · SKR · MERL · MEME · CELO · SUSHI · MANTA · SNX · XAI · UMA · USUAL · MOODENG · NXPC · INIT · ME · ACE · BRETT · AIXBT · ANIME · SOPH · TNSR · RSR · YGG · BANANA · PROVE · BIGTIME · GMT · and 3 more
Only on Extended: 131
NAS100 · XAUT · SHOP · PURR · GRVT · MARSCOIN · CHZ · JASMY · TXN · KSM · AKT · ADI · ORCA · AMGN · H · BTW · TMUS · CFG · PIEVERSE · ASTS · KITE · BKNG · EDGE · GTC · XEL · SNPS · CGPT · APP · PARTI · WMT · NAORIS · AKE · ALAB · ARC · B · Q · BSB · US · SWARMS · EVAA · COLLECT · DEEP · LYN · TST · MOVR · HIVE · RGTI · AXTI · ONG · FLNC · UB · FIDA · OPEN · STXX · SOON · VELVET · ENJ · OPG · KLAC · KAT · and 71 more
Questions
Is Hyperliquid or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.12 on Hyperliquid 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, Hyperliquid or Extended?
Hyperliquid lists 178 active markets and Extended 307; 115 assets trade on both.
Does Hyperliquid or Extended require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. 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 Hyperliquid and Extended?
Yes: 1 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 TRX, long on Extended and short on Hyperliquid, with $9 left after costs.
Which is bigger, Hyperliquid or Extended?
24-hour volume: Hyperliquid $4.60B, Extended $503.5M. Open interest as each reports it: $13.56B and $202.5M. TVL: $7.14B and $119.2M.

