Variational Omni vs Extended
Variational Omni traded 7.8× Extended's 24-hour volume ($3.90B vs $501.0M) and holds 5.7× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Extended | |
|---|---|---|
| Trading | ||
| $1.23 | ◀BTC trade, $10k | $5.12 |
| $340 | ◀BTC trade, $1M | $658 |
| — | BTC book depth | $11.7M |
| 0.000%/0.000% | ◀Taker / maker | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $3.90B | ◀Volume 24h | $501.0M |
| $2.81B | ◀Volume, 7-day average | $427.8M |
| $1.16B | ◀Open interest | $203.6M |
| — | TVL | $119.2M |
| Markets | ||
| 566 | ◀Markets | 307 |
| 130 | Stocks & RWA≈ | 130 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0063% | BTC funding /8h | −0.0016% |
| — | BTC longs paid, 30d | +0.687% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade ETH
| Size | Variational Omni | Extended |
|---|---|---|
| $1k | $0.101.0 bp | $0.545.4 bp |
| $10k | $1.401.4 bp | $5.375.4 bp |
| $100k | $17.691.8 bp | $58.185.8 bp |
| $1M | $6856.9 bp | $1,01310.1 bp |
| $5M | — | $13,16826.3 bp |
ETH funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 230
funding /8h · Net 7d at $10k| Asset | Variational Omni | Extended | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0199% | +0.0048% | +0.0151% | −$12 |
| XAG | +0.0182% | +0.0032% | +0.0150% | −$10 |
| SP500 | 0.0000% | +0.0032% | +0.0032% | −$22 |
| CL | 0.0000% | +0.0032% | +0.0032% | +$19 |
| COPPER | 0.0000% | +0.0032% | +0.0032% | −$22 |
| NATGAS | +0.1023% | +0.0856% | +0.0167% | −$23 |
| BZ | −0.0265% | −0.0472% | +0.0207% | +$18 |
| MU | 0.0000% | +0.0032% | +0.0032% | −$2 |
| SPCX | −0.0124% | −0.0176% | +0.0052% | −$13 |
| META | 0.0000% | 0.0000% | 0.0000% | −$27 |
| SNDK | +0.0072% | +0.0032% | +0.0040% | −$27 |
| NVDA | +0.0069% | +0.0032% | +0.0037% | −$17 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$19 |
| AMZN | +0.0031% | +0.0072% | +0.0041% | −$22 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$31 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$31 |
| MSTR | 0.0000% | +0.0032% | +0.0032% | −$7 |
| GOOGL | +0.0157% | +0.0208% | +0.0051% | −$6 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$37 |
| AAPL | 0.0000% | 0.0000% | 0.0000% | −$17 |
Only on Variational Omni: 323
QQQ · QNT · SKY · SOXS · STRC · RAY · MET · UBER · CC · BRKB · XPD · LLY · PHA · IMX · ZAMA · MNT · MINA · TWT · SYRUP · THETA · MANA · FLOCK · BBX · OKB · IWM · CRO · URNM · BAT · RLC · TZA · ATH · CAKE · KO · HIMS · NVO · JPM · EWJ · UVXY · 2Z · ZK · PLUME · HPE · ACE · BR · HD · GRT · AIXBT · 0G · SIGN · BERA · FOGO · BOT · RIVN · MELANIA · EWZ · FWDI · AEVO · SONY · DKNG · QNTX · and 263 more
Only on Extended: 96
EUR · SKHYNIX · NAS100 · GRAM · USDJPY · UNITREE · PURR · SHIB · ADI · QNT · SAMSUNG · JP225 · AMGN · BTW · COHR · TMUS · CFG · BKNG · ASTS · GTC · XEL · SNPS · APP · B · DYDX · LYN · AXTI · SWARMS · COLLECT · WDC · TST · RGTI · ASML · OPEN · INX · KAT · KR200 · AGT · HIVE · EVAA · TRUTH · PRL · ADBE · PLAY · LUNC · AIA · PDD · KORU · TRIA · GLW · LAYER · DATA · FHE · LIN · MARA · BILL · XEC · MELI · DOGS · AXON · and 36 more
Questions
Is Variational Omni or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.23 on Variational Omni and $5.12 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 566 active markets and Extended 307; 230 assets trade on both, 69 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: 6 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 CL, long on Variational Omni and short on Extended, with $19 left after costs.
Which is bigger, Variational Omni or Extended?
24-hour volume: Variational Omni $3.90B, Extended $501.0M. Open interest as each reports it: $1.16B and $203.6M. TVL: none published and $119.2M.