Variational Omni vs Extended
Variational Omni traded 7.7× Extended's 24-hour volume ($3.86B vs $502.3M) and holds 5.7× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Extended | |
|---|---|---|
| Trading | ||
| $1.75 | ◀BTC trade, $10k | $5.12 |
| $468 | ◀BTC trade, $1M | $708 |
| — | BTC book depth | $8.7M |
| 0.000%/0.000% | ◀Taker / maker | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $3.86B | ◀Volume 24h | $502.3M |
| $2.81B | ◀Volume, 7-day average | $427.8M |
| $1.15B | ◀Open interest | $202.5M |
| — | TVL | $119.2M |
| Markets | ||
| 566 | ◀Markets | 308 |
| 130 | Stocks & RWA≈ | 130 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0051% | BTC funding /8h | +0.0080% |
| — | 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 | $1.751.7 bp | $5.125.1 bp |
| $100k | $24.482.4 bp | $51.265.1 bp |
| $1M | $4684.7 bp | $7087.1 bp |
| $5M | — | $12,39824.8 bp |
BTC 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 | +0.0133% | +0.0032% | +0.0101% | −$12 |
| XAG | +0.0098% | +0.0032% | +0.0066% | −$11 |
| SP500 | 0.0000% | −0.0048% | +0.0048% | −$4 |
| CL | 0.0000% | +0.0032% | +0.0032% | +$17 |
| COPPER | 0.0000% | +0.0032% | +0.0032% | −$22 |
| BZ | −0.0153% | −0.0480% | +0.0327% | +$13 |
| NATGAS | +0.0837% | +0.0744% | +0.0093% | −$25 |
| SPCX | 0.0000% | 0.0000% | 0.0000% | −$16 |
| MU | 0.0000% | +0.0032% | +0.0032% | −$12 |
| CRCL | 0.0000% | +0.0008% | +0.0008% | −$15 |
| AMZN | +0.0088% | +0.0112% | +0.0024% | −$23 |
| SNDK | +0.0097% | +0.0112% | +0.0015% | −$36 |
| NVDA | +0.0125% | +0.0032% | +0.0093% | −$29 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$21 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$32 |
| MSTR | 0.0000% | +0.0032% | +0.0032% | −$15 |
| GOOGL | +0.0220% | +0.0272% | +0.0052% | −$6 |
| META | 0.0000% | 0.0000% | 0.0000% | −$33 |
| AMD | 0.0000% | 0.0000% | 0.0000% | −$42 |
| PLTR | 0.0000% | 0.0000% | 0.0000% | −$43 |
Only on Variational Omni: 323
QQQ · QNT · SKY · SOXS · STRC · RAY · UBER · CC · MET · BRKB · LLY · XPD · IMX · PHA · ZAMA · MINA · TWT · MNT · SYRUP · THETA · MANA · FLOCK · BBX · OKB · IWM · CRO · RLC · BAT · URNM · TZA · KO · ATH · CAKE · NVO · JPM · ZK · UVXY · 2Z · HIMS · ACE · EWJ · HD · SAFE · GRT · QNTX · 0G · AIXBT · SIGN · BERA · FOGO · RIVN · MELANIA · BR · AEVO · FWDI · DKNG · BOT · SUPER · PLUME · SENT · and 263 more
Only on Extended: 96
EUR · SKHYNIX · NAS100 · GRAM · USDJPY · UNITREE · PURR · SHIB · ADI · QNT · SAMSUNG · JP225 · AMGN · BTW · COHR · TMUS · CFG · ASTS · BKNG · GTC · XEL · SNPS · APP · B · DYDX · COLLECT · EVAA · LYN · HIVE · WDC · SWARMS · AXTI · RGTI · ASML · TST · OPEN · LUNC · KORU · KR200 · KAT · AGT · BILL · TURBO · ADBE · TRIA · BAS · AIA · TRUTH · PDD · INX · DATA · LAYER · PLAY · FHE · MARA · LIN · GLW · XEC · PRL · MELI · and 36 more
Questions
Is Variational Omni or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.75 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 308; 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 JASMY, long on Variational Omni and short on Extended, with $23 left after costs.
Which is bigger, Variational Omni or Extended?
24-hour volume: Variational Omni $3.86B, Extended $502.3M. Open interest as each reports it: $1.15B and $202.5M. TVL: none published and $119.2M.