GRVT vs Deribit
Deribit traded 1.8× GRVT's 24-hour volume ($705.0M vs $397.6M) and holds 2.8× its open interest.
Head to head
the arrow points to the better figure| GRVT | Deribit | |
|---|---|---|
| Trading | ||
| $9.01 | BTC trade, $10k▶ | $7.17 |
| $1,171 | BTC trade, $1M≈ | $1,118 |
| $4.3M | BTC book depth▶ | $52.2M |
| 0.045%/0.000% | Taker / maker▶ | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $397.6M | Volume 24h▶ | $705.0M |
| $480.8M | Volume, 7-day average▶ | $1.65B |
| $475.2M | Open interest▶ | $1.35B |
| $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 | +0.300% |
| Access | ||
| No ID | ◀KYC | Required |
| $GRVT | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | GRVT | Deribit |
|---|---|---|
| $1k | $0.909.0 bp | $0.717.1 bp |
| $10k | $9.019.0 bp | $7.177.2 bp |
| $100k | $90.129.0 bp | $78.157.8 bp |
| $1M | $1,17111.7 bp | $1,11811.2 bp |
| $5M | — | $10,07720.2 bp |
BNB funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 88
funding /8h · Net 7d at $10k| Asset | GRVT | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | 0.0000% | +0.0100% | +$1 |
| ETH | +0.0100% | 0.0000% | +0.0100% | −$1 |
| SOL | +0.0100% | 0.0000% | +0.0100% | −$6 |
| HYPE | +0.0100% | +0.0153% | +0.0053% | +$6 |
| ZEC | +0.0100% | +0.0806% | +0.0706% | +$9 |
| BNB | +0.0278% | +0.0200% | +0.0078% | −$46 |
| NEAR | +0.0100% | +0.0129% | +0.0029% | −$27 |
| PAXG | +0.0100% | 0.0000% | +0.0100% | −$11 |
| XRP | +0.0054% | 0.0000% | +0.0054% | −$17 |
| UNI | +0.0100% | 0.0000% | +0.0100% | −$30 |
| LINK | −0.0028% | +0.0034% | +0.0062% | +$11 |
| XLM | +0.0085% | +0.0166% | +0.0081% | +$9 |
| AAVE | +0.0100% | −0.0026% | +0.0126% | −$11 |
| DOGE | +0.0100% | +0.0061% | +0.0039% | −$24 |
| SUI | +0.0100% | +0.0089% | +0.0011% | −$31 |
| TAO | +0.0100% | +0.0627% | +0.0527% | −$47 |
| BCH | +0.0100% | 0.0000% | +0.0100% | −$10 |
| ENA | +0.0038% | 0.0000% | +0.0038% | −$10 |
| WLD | +0.0100% | 0.0000% | +0.0100% | −$18 |
| HBAR | +0.0100% | +0.0628% | +0.0528% | −$7 |
Only on GRVT: 96
H · KPEPE · AXS · EWJ · ZEN · KSHIB · KAIA · MOODENG · GRVT · XMR · KBONK · POPCAT · KAITO · XPD · XPT · PROVE · GIGGLE · ZK · SAHARA · LINEA · BARD · SKHYNIX · PAYP · STRC · COPPER · BASED · CC · LA · RIVER · SAMSUNG · FLNC · NATGAS · SPACEX · PLTR · XLE · V · COIN · RKLB · QCOM · BMNR · UVXY · AVGO · BRKB · IREN · JPM · TQQQ · NOK · EWT · UBER · MINIMAX · BABA · ORCL · ONDS · DELL · LLY · CRWD · COHR · BBX · KORU · HYUNDAI · and 36 more
Only on Deribit: 44
EURC · COIN50 · TRX · SPCX · PEPE · RENDER · INJ · PNUT · FET · APE · VVV · AERO · ALGO · INX · APT · SHIB · S · MOG · MERL · PYTH · BONK · BILL · ETHFI · TOWNS · ETC · JTO · RESOLV · TIA · CHIP · DASH · PRL · OPG · BOME · SAGA · JASMY · COMP · OPN · RUNE · ROBO · DYDX · BASED1 · NIGHT · EDGEX · ALT
Questions
Is GRVT or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.01 on GRVT and $7.17 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: 11 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 $46 left after costs.
Which is bigger, GRVT or Deribit?
24-hour volume: GRVT $397.6M, Deribit $705.0M. Open interest as each reports it: $475.2M and $1.35B. TVL: $34.2M and none published.

