Variational Omni vs Extended
Variational Omni traded 7.6× Extended's 24-hour volume ($3.87B vs $509.9M) and holds 5.6× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Extended | |
|---|---|---|
| Trading | ||
| $1.05 | ◀BTC trade, $10k | $5.33 |
| $328 | ◀BTC trade, $1M | $723 |
| — | BTC book depth | $10.8M |
| 0.000%/0.000% | ◀Taker / maker | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $3.87B | ◀Volume 24h | $509.9M |
| $2.81B | ◀Volume, 7-day average | $427.8M |
| $1.14B | ◀Open interest | $202.5M |
| — | TVL | $119.2M |
| Markets | ||
| 564 | ◀Markets | 308 |
| 128 | Stocks & RWA≈ | 130 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0033% | BTC funding /8h | +0.0064% |
| — | BTC longs paid, 30d | +0.688% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Variational Omni | Extended |
|---|---|---|
| $1k | $0.101.0 bp | $0.515.1 bp |
| $10k | $1.051.0 bp | $5.335.3 bp |
| $100k | $10.461.0 bp | $57.155.7 bp |
| $1M | $3283.3 bp | $7237.2 bp |
| $5M | — | $11,26522.5 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 229
funding /8h · Net 7d at $10k| Asset | Variational Omni | Extended | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0033% | +0.0064% | +0.0031% | −$10 |
| ETH | +0.0056% | +0.0024% | +0.0032% | −$9 |
| HYPE | +0.0100% | +0.0008% | +0.0092% | −$7 |
| SOL | +0.0074% | +0.0104% | +0.0030% | −$11 |
| PUMP | +0.0100% | +0.0104% | +0.0004% | −$2 |
| NEAR | +0.0100% | +0.0096% | +0.0004% | −$31 |
| LIT | +0.0100% | +0.0104% | +0.0004% | −$44 |
| ZEC | +0.0100% | +0.0208% | +0.0108% | −$16 |
| XMR | +0.0364% | +0.0104% | +0.0260% | −$42 |
| XRP | +0.0100% | +0.0104% | +0.0004% | −$9 |
| BNB | +0.0042% | −0.0040% | +0.0082% | −$35 |
| ZRO | +0.0100% | +0.0208% | +0.0108% | +$4 |
| SUI | +0.0035% | +0.0048% | +0.0013% | −$3 |
| AAVE | −0.0005% | +0.0104% | +0.0109% | −$16 |
| ENA | +0.0004% | +0.0104% | +0.0100% | −$26 |
| LTC | +0.0015% | +0.0104% | +0.0089% | −$14 |
| JUP | +0.0100% | +0.0104% | +0.0004% | −$54 |
| ADA | +0.0100% | +0.0104% | +0.0004% | −$21 |
| TAO | +0.0100% | +0.0104% | +0.0004% | −$18 |
| FIL | +0.0100% | +0.0104% | +0.0004% | −$54 |
Only on Variational Omni: 323
QQQ · QNT · SKY · SOXS · STRC · RAY · UBER · CC · MET · BRKB · XPD · IMX · LLY · PHA · ZAMA · MINA · TWT · MNT · SYRUP · THETA · MANA · FLOCK · BBX · OKB · IWM · CRO · BAT · RLC · URNM · TZA · KO · ATH · CAKE · NVO · JPM · ZK · UVXY · HIMS · 2Z · ACE · EWJ · HD · GRT · SAFE · QNTX · 0G · AIXBT · BERA · SIGN · FOGO · RIVN · MELANIA · AEVO · FWDI · DKNG · BOT · SENT · PLUME · HPE · GMX · and 263 more
Only on Extended: 97
EUR · SKHYNIX · NAS100 · GRAM · USDJPY · UNITREE · PURR · SHIB · ADI · QNT · SAMSUNG · JP225 · AMGN · BTW · COHR · CFG · TMUS · BKNG · ASTS · GTC · XEL · SNPS · APP · B · DYDX · AXTI · TST · COLLECT · SWARMS · ASML · LYN · WDC · RGTI · LUNC · TRIA · TRUTH · TURBO · KAT · KR200 · PLAY · HIVE · AGT · ADBE · PRL · KORU · AIA · BILL · JELLYJELLY · EVAA · FHE · AIGENSYN · BAS · PDD · INX · OPEN · DATA · MARA · LIN · XEC · GLW · and 37 more
Questions
Is Variational Omni or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.05 on Variational Omni and $5.33 on Extended right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.025%.
Which has more markets, Variational Omni or Extended?
Variational Omni lists 564 active markets and Extended 308; 229 assets trade on both, 68 of them stocks, commodities or other real-world assets.
Does Variational Omni or Extended require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. 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 Variational Omni and Extended?
Yes: 5 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 JASMY, long on Variational Omni and short on Extended, with $20 left after costs.
Which is bigger, Variational Omni or Extended?
24-hour volume: Variational Omni $3.87B, Extended $509.9M. Open interest as each reports it: $1.14B and $202.5M. TVL: none published and $119.2M.