Head to head
the arrow points to the better figure| GRVT | Extended | |
|---|---|---|
| Trading | ||
| $9.01 | BTC trade, $10k▶ | $5.12 |
| $1,038 | BTC trade, $1M▶ | $593 |
| $6.1M | BTC book depth▶ | $11.5M |
| 0.045%/0.000% | Taker / maker▶ | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $510.6M | ◀Volume 24h | $409.6M |
| $497.5M | ◀Volume, 7-day average | $441.4M |
| $427.3Mone side | Open interest | $193.4Mlongs + shorts |
| $34.0M | TVL▶ | $113.4M |
| Markets | ||
| 184 | Markets▶ | 309 |
| 106 | Stocks & RWA▶ | 136 |
| 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0104% |
| +0.802% | BTC longs paid, 30d | +0.598% |
| Access | ||
| No ID | KYC | No ID |
| $GRVT | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | GRVT | Extended |
|---|---|---|
| $1k | $0.909.0 bp | $0.515.1 bp |
| $10k | $9.019.0 bp | $5.125.1 bp |
| $100k | $90.519.1 bp | $51.245.1 bp |
| $1M | $1,03810.4 bp | $5935.9 bp |
| $5M | $131,325262.7 bp | $9,29418.6 bp |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 142
funding /8h · Net 7d at $10k| Asset | GRVT | Extended | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0104% | +0.0004% | −$19 |
| ETH | +0.0031% | +0.0104% | +0.0073% | −$4 |
| SOL | +0.0100% | +0.0104% | +0.0004% | −$18 |
| HYPE | +0.0100% | +0.0104% | +0.0004% | −$11 |
| ZEC | +0.0100% | +0.0104% | +0.0004% | −$34 |
| BNB | 0.0000% | +0.0072% | +0.0072% | −$1 |
| NEAR | +0.0100% | −0.0064% | +0.0164% | −$5 |
| JUP | +0.0076% | +0.0040% | +0.0036% | −$51 |
| PAXG | +0.0100% | +0.0080% | +0.0020% | −$13 |
| PUMP | −0.0060% | +0.0104% | +0.0164% | −$1 |
| XRP | +0.0100% | +0.0104% | +0.0004% | −$16 |
| LIT | +0.0100% | +0.0104% | +0.0004% | −$53 |
| AAVE | +0.0100% | +0.0104% | +0.0004% | −$45 |
| UNI | +0.0100% | +0.0104% | +0.0004% | −$34 |
| SUI | +0.0100% | +0.0104% | +0.0004% | −$28 |
| ENA | +0.0100% | +0.0104% | +0.0004% | −$29 |
| ONDO | +0.0100% | +0.0104% | +0.0004% | −$33 |
| TAO | +0.0100% | +0.0104% | +0.0004% | −$22 |
| XMR | +0.0100% | +0.0104% | +0.0004% | −$9 |
| LINK | +0.0100% | +0.0104% | +0.0004% | −$20 |
Only on GRVT: 42
EWJ · MOODENG · SPY · XPD · PROVE · ZK · QQQ · BARD · PAYP · LA · BERA · CC · STRC · RIVER · XLE · V · UVXY · JPM · BRKB · SQQQ · TQQQ · EWT · ONDS · LGELECTRONICS · LLY · DIS · NVO · HANMI · HYUNDAI · UBER · GS · URNM · BBX · NAVER · SAMSUNGEM · QNTX · IWM · KODEX200 · HD · KSTR · CRM · BX
Only on Extended: 191
EUR · SP500 · NAS100 · ZRO · USDJPY · UNITREE · JTO · GRASS · GRAM · ETHFI · TRX · AERO · VVV · KR200 · APT · JP225 · TTWO · PEARL · S · PONS · SHOP · CASHCAT · JASMY · RENDER · BTW · TIA · BKNG · SAND · INJ · DASH · FET · AGT · ISRG · AMGN · AZTEC · PIEVERSE · SPX · Q · PURR · TXN · STX · KSM · ADI · SAGA · AKE · USELESS · KITE · TMUS · AKT · GWEI · ALGO · QNT · CGPT · APP · ORCA · GTC · EDGE · CHIP · AR · IRYS · and 131 more
Questions
Is GRVT or Extended cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.01 on GRVT and $5.12 on Extended right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.045% and 0.025%.
Which has more markets, GRVT or Extended?
GRVT lists 184 active markets and Extended 309; 142 assets trade on both, 72 of them stocks, commodities or other real-world assets.
Does GRVT or Extended 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. Extended: No ID (only transaction screening and third-party on-ramps); not for the US, UK, Canada, Hong Kong, Russia or sanctioned countries.
Can you arbitrage funding between GRVT and Extended?
Yes: 3 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 W, long on Extended and short on GRVT, with $30 left after costs.
Which is bigger, GRVT or Extended?
24-hour volume: GRVT $510.6M, Extended $409.6M. Open interest as each reports it: $427.3M and $193.4M. Extended reports open interest as longs plus shorts, both sides of every position; GRVT reports one side. For the same positions Extended's figure reads about twice as large. TVL: $34.0M and $113.4M.

