Head to head
the arrow points to the better figure| GRVT | Bybit | |
|---|---|---|
| Trading | ||
| $9.01 | ◀BTC trade, $10k | $11.01 |
| $1,026 | ◀BTC trade, $1M | $1,233 |
| $4.8M | BTC book depth▶ | $22.2M |
| 0.045%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $395.8M | Volume 24h▶ | $6.03B |
| $480.8M | Volume, 7-day average▶ | $14.40B |
| $474.7Mone side | Open interest | $13.12Blongs + shorts |
| $34.2M | TVL | — |
| Markets | ||
| 184 | Markets▶ | 857 |
| 105 | Stocks & RWA▶ | 236 |
| 4h or 8h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | −0.0040% |
| +0.703% | BTC longs paid, 30d | +0.364% |
| Access | ||
| No ID | ◀KYC | Required |
| $GRVT | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | GRVT | Bybit |
|---|---|---|
| $1k | $0.909.0 bp | $1.1011.0 bp |
| $10k | $9.019.0 bp | $11.0111.0 bp |
| $100k | $90.189.0 bp | $11011.0 bp |
| $1M | $1,02610.3 bp | $1,23312.3 bp |
| $5M | — | $7,53715.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 171
funding /8h · Net 7d at $10k| Asset | GRVT | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | −0.0040% | +0.0140% | −$5 |
| ETH | +0.0100% | +0.0048% | +0.0052% | −$8 |
| SOL | +0.0100% | −0.0051% | +0.0151% | −$8 |
| HYPE | +0.0200% | +0.0082% | +0.0118% | +$5 |
| BNB | +0.0258% | +0.0100% | +0.0158% | −$11 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$24 |
| JUP | +0.0100% | +0.0100% | 0.0000% | −$39 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$22 |
| PAXG | +0.0100% | +0.0100% | 0.0000% | −$29 |
| H | +0.0100% | +0.0100% | 0.0000% | −$130 |
| POL | +0.0100% | +0.0100% | 0.0000% | −$88 |
| XRP | +0.0048% | +0.0018% | +0.0030% | −$15 |
| AXS | −0.0238% | +0.0100% | +0.0338% | −$74 |
| LIT | +0.0008% | +0.0100% | +0.0092% | −$57 |
| MON | +0.0100% | −0.0006% | +0.0106% | −$83 |
| ATOM | +0.0100% | +0.0100% | 0.0000% | −$34 |
| VIRTUAL | −0.0142% | +0.0100% | +0.0242% | −$55 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$25 |
| PENDLE | +0.0100% | +0.0100% | 0.0000% | −$45 |
| ICP | +0.0100% | +0.0066% | +0.0034% | −$42 |
Only on GRVT: 13
PUMP · KPEPE · KSHIB · KBONK · XPD · XPT · PAYP · STRC · COPPER · NATGAS · SPACEX · AMD · DIS
Only on Bybit: 617
PUMPFUN · PEPE · TRX · MNT · SPCX · GRAM · VVV · BTW · ZRO · GRASS · QNT · AERO · APT · USELESS · INJ · ETHFI · SAND · BONK · PONS · SKY · ETC · FF · ALGO · TIA · SPX · SHIB1000 · RENDER · KAS · PYTH · CASHCAT · USDC · AKE · DASH · STX · CHIP · JTO · US · PIEVERSE · SOON · GALA · RAYDIUM · TRB · MARSCOIN · EDGE · TWT · ATH · KII · ARX · ARK · NIL · MANA · CAKE · IMX · CHZ · DEEP · ZEREBRO · CRO · DYDX · 2Z · ENS · and 557 more
Questions
Is GRVT or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.01 on GRVT and $11.01 on Bybit right now, taker fee and order-book slippage together, so GRVT is cheaper. Taker fees: 0.045% and 0.055%.
Which has more markets, GRVT or Bybit?
GRVT lists 184 active markets and Bybit 857; 171 assets trade on both, 97 of them stocks, commodities or other real-world assets.
Does GRVT or Bybit require KYC?
GRVT: No ID since Aug 2025 (AML reviews can still ask for documents); not for the US, Canada, Singapore, Hong Kong, Russia or sanctioned countries. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between GRVT and Bybit?
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 HYPE, long on Bybit and short on GRVT, with $5 left after costs.
Which is bigger, GRVT or Bybit?
24-hour volume: GRVT $395.8M, Bybit $6.03B. Open interest as each reports it: $474.7M and $13.12B. Bybit reports open interest as longs plus shorts, both sides of every position; GRVT reports one side. For the same positions Bybit's figure reads about twice as large. TVL: $34.2M and none published.

