GRVT vs Deribit
Deribit traded 1.7× GRVT's 24-hour volume ($708.3M vs $411.9M) and holds 2.9× its open interest.
Head to head
the arrow points to the better figure| GRVT | Deribit | |
|---|---|---|
| Trading | ||
| $9.29 | BTC trade, $10k▶ | $7.45 |
| $1,038 | BTC trade, $1M≈ | $1,141 |
| $4.5M | BTC book depth▶ | $51.3M |
| 0.045%/0.000% | Taker / maker▶ | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $411.9M | Volume 24h▶ | $708.3M |
| $480.8M | Volume, 7-day average▶ | $1.65B |
| $474.2M | Open interest▶ | $1.36B |
| $34.2M | TVL | — |
| Markets | ||
| 184 | ◀Markets | 134 |
| 105 | ◀Stocks & RWA | 34 |
| 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | 0.0000% |
| +0.703% | BTC longs paid, 30d | +0.299% |
| Access | ||
| No ID | ◀KYC | Required |
| $GRVT | Token | none yet |
| Active | Airdrop | — |
Cost to trade SOL
| Size | GRVT | Deribit |
|---|---|---|
| $1k | $0.989.8 bp | $0.717.1 bp |
| $10k | $9.849.8 bp | $7.087.1 bp |
| $100k | $10410.4 bp | $86.888.7 bp |
| $1M | $1,81018.1 bp | $1,57815.8 bp |
| $5M | — | — |
BTC funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 88
funding /8h · Net 7d at $10k| Asset | GRVT | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | 0.0000% | +0.0100% | $0 |
| ETH | +0.0100% | 0.0000% | +0.0100% | −$1 |
| SOL | +0.0100% | 0.0000% | +0.0100% | −$5 |
| HYPE | +0.0100% | +0.0085% | +0.0015% | −$52 |
| ZEC | +0.0100% | +0.0934% | +0.0834% | +$13 |
| BNB | +0.0314% | +0.0200% | +0.0114% | −$44 |
| NEAR | +0.0100% | +0.0233% | +0.0133% | −$30 |
| PAXG | +0.0100% | 0.0000% | +0.0100% | −$11 |
| XRP | +0.0055% | +0.0019% | +0.0036% | −$17 |
| UNI | +0.0100% | 0.0000% | +0.0100% | −$28 |
| LINK | +0.0005% | 0.0000% | +0.0005% | −$78 |
| XLM | +0.0069% | +0.0075% | +0.0006% | +$9 |
| AAVE | +0.0100% | −0.0137% | +0.0237% | −$14 |
| DOGE | +0.0100% | +0.0105% | +0.0005% | −$35 |
| SUI | +0.0100% | +0.0175% | +0.0075% | −$39 |
| BCH | +0.0100% | 0.0000% | +0.0100% | −$8 |
| TAO | +0.0100% | +0.0509% | +0.0409% | −$47 |
| ENA | +0.0100% | 0.0000% | +0.0100% | −$10 |
| WLD | +0.0100% | +0.0085% | +0.0015% | −$24 |
| HBAR | +0.0100% | +0.0632% | +0.0532% | −$6 |
Only on GRVT: 96
H · KPEPE · AXS · EWJ · ZEN · KSHIB · KAIA · MOODENG · GRVT · XMR · KBONK · POPCAT · KAITO · XPD · XPT · PROVE · GIGGLE · ZK · LINEA · SAHARA · BARD · SKHYNIX · PAYP · STRC · COPPER · BASED · CC · LA · RIVER · SAMSUNG · FLNC · NATGAS · PLTR · SPACEX · XLE · COIN · V · RKLB · QCOM · UVXY · BMNR · AVGO · IREN · JPM · BRKB · TQQQ · NOK · EWT · UBER · BABA · ONDS · DELL · MINIMAX · LLY · COHR · CRWD · KORU · ORCL · BBX · IWM · and 36 more
Only on Deribit: 44
EURC · COIN50 · TRX · SPCX · PEPE · RENDER · INJ · PNUT · FET · APE · VVV · AERO · ALGO · INX · APT · SHIB · MOG · S · MERL · BONK · PYTH · BILL · ETHFI · TOWNS · ETC · RESOLV · JTO · TIA · CHIP · DASH · PRL · OPG · BOME · SAGA · JASMY · COMP · OPN · ROBO · RUNE · DYDX · BASED1 · NIGHT · EDGEX · ALT
Questions
Is GRVT or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.29 on GRVT and $7.45 on Deribit right now, taker fee and order-book slippage together, so Deribit is cheaper. Taker fees: 0.045% and 0.035%.
Which has more markets, GRVT or Deribit?
GRVT lists 184 active markets and Deribit 134; 88 assets trade on both, 33 of them stocks, commodities or other real-world assets.
Does GRVT or Deribit 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. Deribit: ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Can you arbitrage funding between GRVT and Deribit?
Yes: 9 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 BZ, long on Deribit and short on GRVT, with $48 left after costs.
Which is bigger, GRVT or Deribit?
24-hour volume: GRVT $411.9M, Deribit $708.3M. Open interest as each reports it: $474.2M and $1.36B. TVL: $34.2M and none published.

