Variational Omni vs Extended
Variational Omni traded 7.8× Extended's 24-hour volume ($3.91B vs $498.9M) and holds 5.7× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Extended | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $5.86 |
| $196 | ◀BTC trade, $1M | $745 |
| — | BTC book depth | $12.7M |
| 0.000%/0.000% | ◀Taker / maker | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $3.91B | ◀Volume 24h | $498.9M |
| $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 |
| +0.0066% | 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 BTC
| Size | Variational Omni | Extended |
|---|---|---|
| $1k | $0.101.0 bp | $0.565.6 bp |
| $10k | $1.001.0 bp | $5.865.9 bp |
| $100k | $10.001.0 bp | $61.416.1 bp |
| $1M | $1962.0 bp | $7457.4 bp |
| $5M | — | $9,24318.5 bp |
PAXG funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 230
funding /8h · Net 7d at $10k| Asset | Variational Omni | Extended | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0204% | +0.0072% | +0.0132% | −$12 |
| XAG | +0.0189% | +0.0032% | +0.0157% | −$10 |
| SP500 | 0.0000% | +0.0032% | +0.0032% | −$19 |
| CL | 0.0000% | +0.0032% | +0.0032% | +$19 |
| COPPER | 0.0000% | +0.0032% | +0.0032% | −$24 |
| BZ | −0.0265% | −0.0496% | +0.0231% | +$18 |
| NATGAS | +0.1007% | +0.0840% | +0.0167% | −$27 |
| MU | 0.0000% | +0.0032% | +0.0032% | −$2 |
| SPCX | −0.0115% | −0.0168% | +0.0053% | −$15 |
| META | 0.0000% | 0.0000% | 0.0000% | −$30 |
| SNDK | +0.0083% | +0.0064% | +0.0019% | −$28 |
| NVDA | +0.0064% | +0.0032% | +0.0032% | −$19 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$19 |
| AMZN | +0.0039% | +0.0072% | +0.0033% | −$21 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$30 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$30 |
| MSTR | 0.0000% | +0.0032% | +0.0032% | −$11 |
| GOOGL | +0.0160% | +0.0216% | +0.0056% | −$4 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$38 |
| AAPL | 0.0000% | 0.0000% | 0.0000% | −$17 |
Only on Variational Omni: 323
QQQ · QNT · SKY · SOXS · STRC · RAY · UBER · CC · MET · BRKB · XPD · LLY · PHA · IMX · ZAMA · MINA · MNT · TWT · SYRUP · THETA · MANA · FLOCK · BBX · OKB · IWM · CRO · URNM · BAT · TZA · RLC · KO · ATH · CAKE · HIMS · NVO · JPM · EWJ · UVXY · ZK · 2Z · PLUME · HPE · ACE · HD · GRT · BR · AIXBT · 0G · SIGN · BERA · FOGO · BOT · RIVN · MELANIA · EWZ · FWDI · AEVO · DKNG · QNTX · SUPER · and 263 more
Only on Extended: 96
EUR · SKHYNIX · NAS100 · GRAM · USDJPY · UNITREE · PURR · SHIB · ADI · QNT · SAMSUNG · JP225 · AMGN · BTW · COHR · CFG · TMUS · GTC · ASTS · BKNG · XEL · SNPS · APP · B · DYDX · LYN · AXTI · SWARMS · COLLECT · WDC · TST · RGTI · ASML · LUNC · OPEN · INX · KAT · KR200 · AGT · HIVE · KORU · EVAA · TRUTH · PRL · ADBE · PLAY · TRIA · AIA · PDD · 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 $1.00 on Variational Omni and $5.86 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: 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 $21 left after costs.
Which is bigger, Variational Omni or Extended?
24-hour volume: Variational Omni $3.91B, Extended $498.9M. Open interest as each reports it: $1.16B and $203.6M. TVL: none published and $119.2M.

