Variational Omni vs Extended
Variational Omni traded 7.7× Extended's 24-hour volume ($3.88B vs $503.7M) 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 | $5.12 |
| $329 | ◀BTC trade, $1M | $746 |
| — | BTC book depth | $10.2M |
| 0.000%/0.000% | ◀Taker / maker | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $3.88B | ◀Volume 24h | $503.7M |
| $2.81B | ◀Volume, 7-day average | $427.8M |
| $1.15B | ◀Open interest | $202.6M |
| — | TVL | $119.2M |
| Markets | ||
| 566 | ◀Markets | 307 |
| 130 | Stocks & RWA≈ | 130 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0050% | 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 | $1.001.0 bp | $5.125.1 bp |
| $100k | $10.021.0 bp | $58.715.9 bp |
| $1M | $3293.3 bp | $7467.5 bp |
| $5M | — | $10,87821.8 bp |
BTC 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 |
|---|---|---|---|---|
| BTC | +0.0050% | +0.0080% | +0.0030% | −$10 |
| ETH | +0.0075% | +0.0096% | +0.0021% | −$6 |
| HYPE | +0.0100% | −0.0016% | +0.0116% | −$7 |
| SOL | +0.0100% | +0.0104% | +0.0004% | −$12 |
| PUMP | +0.0100% | +0.0104% | +0.0004% | −$1 |
| NEAR | +0.0100% | +0.0096% | +0.0004% | −$34 |
| LIT | +0.0100% | +0.0104% | +0.0004% | −$58 |
| ZEC | +0.0100% | +0.0104% | +0.0004% | −$16 |
| XMR | +0.0348% | +0.0104% | +0.0244% | −$40 |
| XRP | +0.0100% | +0.0104% | +0.0004% | −$11 |
| BNB | +0.0068% | −0.0064% | +0.0132% | −$35 |
| ZRO | +0.0100% | +0.0168% | +0.0068% | $0 |
| SUI | +0.0046% | +0.0080% | +0.0034% | −$7 |
| AAVE | −0.0013% | +0.0104% | +0.0117% | −$18 |
| ENA | −0.0007% | +0.0104% | +0.0111% | −$26 |
| LTC | +0.0019% | +0.0104% | +0.0085% | −$7 |
| JUP | +0.0069% | +0.0104% | +0.0035% | −$54 |
| ADA | +0.0100% | +0.0104% | +0.0004% | −$25 |
| TAO | +0.0100% | +0.0104% | +0.0004% | −$20 |
| FIL | +0.0100% | +0.0104% | +0.0004% | −$53 |
Only on Variational Omni: 323
QQQ · QNT · SKY · SOXS · STRC · RAY · UBER · CC · MET · BRKB · XPD · LLY · 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 · HIMS · 2Z · ACE · HD · EWJ · SAFE · QNTX · GRT · 0G · AIXBT · SIGN · BERA · FOGO · RIVN · MELANIA · BR · AEVO · DKNG · FWDI · BOT · SUPER · PLUME · SENT · and 263 more
Only on Extended: 95
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 · SWARMS · EVAA · COLLECT · LYN · TST · HIVE · WDC · RGTI · AXTI · ASML · OPEN · LUNC · KORU · KAT · AGT · KR200 · BILL · TURBO · ADBE · TRIA · BAS · AIA · TRUTH · PDD · INX · DATA · LAYER · PLAY · FHE · MARA · LIN · XEC · GLW · PRL · AIGENSYN · and 35 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 $5.12 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: 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 $23 left after costs.
Which is bigger, Variational Omni or Extended?
24-hour volume: Variational Omni $3.88B, Extended $503.7M. Open interest as each reports it: $1.15B and $202.6M. TVL: none published and $119.2M.