Head to head
the arrow points to the better figure| Hibachi | Gate | |
|---|---|---|
| Trading | ||
| $12.24 | ◀BTC trade, $10k | $15.01 |
| $14,587 | BTC trade, $1M▶ | $1,788 |
| $1.1M | BTC book depth▶ | $9.1M |
| 0.045%/0.000% | ◀Taker / maker | 0.075%/-0.010% |
| 30x | Max leverage▶ | 200x |
| Size | ||
| $27.4M | Volume 24h▶ | $21.26B |
| $16.2M | Volume, 7-day average▶ | $14.37B |
| $1.3Mone side | Open interest | $12.41Blongs + shorts |
| $3.3M | TVL | — |
| Markets | ||
| 15 | Markets▶ | 1080 |
| 7 | Stocks & RWA▶ | 466 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0264% | BTC funding /8h | +0.0100% |
| +1.672% | BTC longs paid, 30d | +0.467% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $GT |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Hibachi | Gate |
|---|---|---|
| $1k | $1.2212.2 bp | $1.5015.0 bp |
| $10k | $12.2412.2 bp | $15.0115.0 bp |
| $100k | $14514.5 bp | $15415.4 bp |
| $1M | $14,587145.9 bp | $1,78817.9 bp |
| $5M | — | $13,56527.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 11
funding /8h · Net 7d at $10k| Asset | Hibachi | Gate | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0264% | +0.0100% | +0.0164% | −$26 |
| HYPE | +0.0728% | +0.0100% | +0.0628% | −$85 |
| BNB | +0.0576% | +0.0100% | +0.0476% | +$18 |
| ETH | −0.0192% | +0.0035% | +0.0227% | −$51 |
| PAXG | +0.0248% | 0.0000% | +0.0248% | −$27 |
| SOL | −0.0216% | −0.0167% | +0.0049% | — |
| XRP | +0.0032% | −0.0047% | — | — |
| SUI | +0.0392% | −0.0304% | — | — |
Only on Gate: 1059
ZEC · SOXL · SNDK · XAU · DOGE · XAUT · SPCX · GOOGL · CL · NEAR · UNI · LINK · SKHYNIX · ENA · TRX · CRCL · LTC · MU · PEPE · ADA · AAVE · TRUMP · NVDA · BCH · AVAX · WLD · QQQ · XLM · ONDO · ASTER · XMR · FARTCOIN · MSTR · DOT · TAO · LIT · INJ · FIL · ARB · INTC · BTW · TSLA · WLFI · ZRO · VVV · FF · SKHY · PONS · SOXS · HBAR · GRAM · USELESS · OPENAI · ETC · XPL · PENGU · KORU · APT · VIRTUAL · CRV · and 999 more
Questions
Is Hibachi or Gate cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $12.24 on Hibachi and $15.01 on Gate right now, taker fee and order-book slippage together, so Hibachi is cheaper. Taker fees: 0.045% and 0.075%.
Which has more markets, Hibachi or Gate?
Hibachi lists 15 active markets and Gate 1080; 11 assets trade on both, 3 of them stocks, commodities or other real-world assets.
Does Hibachi or Gate require KYC?
Hibachi: No ID; not for the US, the UK or sanctioned countries. Gate: KYC before the futures account opens; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Hibachi and Gate?
Yes: 1 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 BNB, long on Gate and short on Hibachi, with $18 left after costs.
Which is bigger, Hibachi or Gate?
24-hour volume: Hibachi $27.4M, Gate $21.26B. Open interest as each reports it: $1.3M and $12.41B. Gate reports open interest as longs plus shorts, both sides of every position; Hibachi reports one side. For the same positions Gate's figure reads about twice as large. TVL: $3.3M and none published.