Head to head
the arrow points to the better figure| GRVT | Bybit | |
|---|---|---|
| Trading | ||
| $9.01 | ◀BTC trade, $10k | $11.01 |
| $1,171 | BTC trade, $1M≈ | $1,222 |
| $4.3M | BTC book depth▶ | $16.0M |
| 0.045%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $398.2M | Volume 24h▶ | $5.66B |
| $480.8M | Volume, 7-day average▶ | $14.40B |
| $474.8Mone 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 | −0.0037% |
| +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 | $90.129.0 bp | $11011.0 bp |
| $1M | $1,17111.7 bp | $1,22212.2 bp |
| $5M | — | $7,48715.0 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 |
|---|---|---|---|---|
| XAU | 0.0000% | +0.0115% | +0.0115% | −$10 |
| INTC | 0.0000% | 0.0000% | 0.0000% | −$49 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$25 |
| HOOD | 0.0000% | 0.0000% | 0.0000% | −$53 |
| EWY | 0.0000% | 0.0000% | 0.0000% | −$36 |
| XAG | 0.0000% | 0.0000% | 0.0000% | −$8 |
| QQQ | 0.0000% | 0.0000% | 0.0000% | −$11 |
| EWJ | 0.0000% | 0.0000% | 0.0000% | −$62 |
| SPY | 0.0000% | 0.0000% | 0.0000% | −$24 |
| SKHYNIX | 0.0000% | 0.0000% | 0.0000% | −$25 |
| MSTR | 0.0000% | +0.0194% | +0.0194% | −$15 |
| SOXL | +0.0074% | +0.0306% | +0.0259% | −$28 |
| DRAM | 0.0000% | 0.0000% | 0.0000% | −$35 |
| CRCL | 0.0000% | 0.0000% | 0.0000% | −$44 |
| CL | 0.0000% | 0.0000% | 0.0000% | −$31 |
| SAMSUNG | 0.0000% | 0.0000% | 0.0000% | +$8 |
| NVDA | 0.0000% | 0.0000% | 0.0000% | −$30 |
| MU | 0.0000% | 0.0000% | 0.0000% | −$22 |
| BZ | 0.0000% | 0.0000% | 0.0000% | −$21 |
| FLNC | 0.0000% | 0.0000% | 0.0000% | — |
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 · BTW · VVV · GRASS · ZRO · QNT · AERO · APT · USELESS · INJ · ETHFI · SAND · BONK · PONS · SKY · ETC · FF · ALGO · TIA · SPX · SHIB1000 · RENDER · KAS · CASHCAT · PYTH · USDC · AKE · DASH · STX · CHIP · US · JTO · PIEVERSE · SOON · GALA · RAYDIUM · TRB · MARSCOIN · EDGE · KII · TWT · ATH · ARX · ARK · MANA · NIL · IMX · CAKE · 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: 2 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 SAMSUNG, long on Bybit and short on GRVT, with $8 left after costs.
Which is bigger, GRVT or Bybit?
24-hour volume: GRVT $398.2M, Bybit $5.66B. Open interest as each reports it: $474.8M 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.

