Hyperliquid vs Extended
Hyperliquid traded 8.7× Extended's 24-hour volume ($4.29B vs $492.3M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Hyperliquid | Extended | |
|---|---|---|
| Trading | ||
| $9.12 | BTC trade, $10k▶ | $5.17 |
| $1,055 | BTC trade, $1M▶ | $702 |
| $41.0M | ◀BTC book depth | $10.5M |
| 0.045%/0.015% | Taker / maker▶ | 0.025%/0.000% |
| 40x | Max leverage▶ | 100x |
| Size | ||
| $4.29B | ◀Volume 24h | $492.3M |
| $5.43B | ◀Volume, 7-day average | $427.8M |
| $13.52B | ◀Open interest | $202.7M |
| $7.14B | ◀TVL | $119.2M |
| Markets | ||
| 178 | Markets▶ | 307 |
| 153 | ◀Stocks & RWA | 130 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0040% |
| +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 BTC
| Size | Hyperliquid | Extended |
|---|---|---|
| $1k | $0.919.1 bp | $0.515.1 bp |
| $10k | $9.129.1 bp | $5.175.2 bp |
| $100k | $91.169.1 bp | $57.115.7 bp |
| $1M | $1,05510.6 bp | $7027.0 bp |
| $5M | $6,69813.4 bp | $10,06920.1 bp |
NEAR funding per day
pair pageSize
daily, last yearVolume by asset class
last yearOn both: 115
funding /8h · Net 7d at $10k| Asset | Hyperliquid | Extended | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0040% | +0.0060% | −$7 |
| ETH | +0.0100% | +0.0104% | +0.0004% | −$20 |
| HYPE | +0.0004% | +0.0080% | +0.0076% | −$17 |
| SOL | +0.0100% | +0.0088% | +0.0012% | −$14 |
| PUMP | +0.0110% | +0.0104% | +0.0006% | −$50 |
| NEAR | +0.0100% | +0.0088% | +0.0012% | −$20 |
| LIT | +0.0100% | +0.0104% | +0.0004% | −$37 |
| ZEC | +0.0100% | +0.0104% | +0.0004% | −$25 |
| XMR | +0.0106% | +0.0104% | +0.0002% | −$19 |
| XRP | +0.0100% | +0.0104% | +0.0004% | −$16 |
| JUP | +0.0100% | +0.0104% | +0.0004% | −$36 |
| BNB | +0.0100% | +0.0088% | +0.0012% | −$18 |
| ZRO | +0.0100% | +0.0104% | +0.0004% | −$31 |
| SUI | +0.0100% | +0.0104% | +0.0004% | −$21 |
| GRAM | +0.0100% | +0.0104% | +0.0004% | −$57 |
| AAVE | +0.0100% | +0.0104% | +0.0004% | −$31 |
| ENA | +0.0100% | +0.0104% | +0.0004% | −$31 |
| LTC | +0.0100% | +0.0104% | +0.0004% | −$40 |
| ADA | +0.0100% | +0.0104% | +0.0004% | −$1 |
| TAO | +0.0100% | +0.0104% | +0.0004% | −$27 |
Only on Hyperliquid: 63 (+79 via HIP-3)
PURR · SYRUP · SKY · CC · MNT · IMX · MET · 0G · MINA · CAKE · GRIFFAIN · KAS · 2Z · APEX · IOTA · BERA · STBL · REZ · PYTH · MELANIA · GOAT · RESOLV · BIO · BSV · BLUR · ZETA · GMX · SUPER · COMP · ZK · ALT · TRB · NEO · FOGO · SKR · MERL · MEME · CELO · SUSHI · MANTA · SNX · UMA · XAI · USUAL · MOODENG · NXPC · INIT · ME · ACE · BRETT · AIXBT · ANIME · SOPH · TNSR · RSR · YGG · BANANA · PROVE · BIGTIME · GMT · and 3 more
Only on Extended: 132
NAS100 · XAUT · SHOP · PURR · GRVT · MARSCOIN · CHZ · JASMY · TXN · KSM · AKT · ADI · AMGN · BTW · ORCA · H · CFG · TMUS · PIEVERSE · EDGE · ASTS · KITE · BKNG · GTC · XEL · SNPS · APP · PARTI · WMT · NAORIS · CGPT · ARC · AKE · B · Q · US · AXTI · ALAB · MOVR · BSB · SOON · COLLECT · SWARMS · STXX · RGTI · ONG · TAC · TST · LYN · OPEN · AIA · DEEP · AGT · ENJ · KAT · DUSK · KLAC · FIDA · HIVE · PLAY · and 72 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 $5.17 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: 2 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 $4.29B, Extended $492.3M. Open interest as each reports it: $13.52B and $202.7M. TVL: $7.14B and $119.2M.