Head to head
the arrow points to the better figure| GRVT | Extended | |
|---|---|---|
| Trading | ||
| $9.01 | BTC trade, $10k▶ | $7.70 |
| $1,712 | BTC trade, $1M▶ | $1,018 |
| $2.4M | BTC book depth▶ | $11.0M |
| 0.045%/0.000% | Taker / maker▶ | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $546.4M | ◀Volume 24h | $471.1M |
| $497.5M | ◀Volume, 7-day average | $441.4M |
| $424.9Mone side | Open interest | $194.0Mlongs + 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 | +0.602% |
| 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 | $0.585.8 bp |
| $10k | $9.019.0 bp | $7.707.7 bp |
| $100k | $90.129.0 bp | $87.128.7 bp |
| $1M | $1,71217.1 bp | $1,01810.2 bp |
| $5M | — | $12,53925.1 bp |
BNB funding per day
pair pageVolume by asset class
last yearOn both: 142
funding /8h · Net 7d at $10k| Asset | GRVT | Extended | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0030% | +0.0272% | +0.0242% | +$7 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$21 |
| XAG | 0.0000% | +0.0272% | +0.0272% | −$23 |
| HOOD | 0.0000% | 0.0000% | 0.0000% | −$39 |
| INTC | 0.0000% | +0.0104% | +0.0104% | −$16 |
| SOXL | +0.0212% | +0.0184% | +0.0028% | −$43 |
| EWY | +0.0415% | +0.0280% | +0.0135% | −$13 |
| BZ | −0.0272% | −0.0456% | +0.0184% | −$26 |
| CL | −0.0192% | −0.0200% | +0.0008% | −$4 |
| XPT | +0.0818% | +0.1024% | +0.0206% | −$10 |
| COPPER | 0.0000% | +0.0144% | +0.0144% | −$4 |
| MSTR | 0.0000% | +0.0032% | +0.0032% | −$22 |
| CRCL | +0.0066% | +0.0232% | +0.0166% | −$15 |
| SPCX | +0.0362% | +0.0360% | +0.0002% | −$25 |
| SKHYNIX | −0.1304% | −0.0272% | +0.1032% | −$17 |
| MU | +0.0023% | +0.0032% | +0.0009% | −$19 |
| SNDK | +0.0057% | +0.0112% | +0.0055% | −$21 |
| ASTS | +0.0159% | +0.0240% | +0.0081% | −$154 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$27 |
| NVDA | 0.0000% | +0.0032% | +0.0032% | −$22 |
Only on GRVT: 42
EWJ · MOODENG · SPY · XPD · PROVE · ZK · QQQ · BARD · PAYP · BERA · LA · CC · STRC · RIVER · XLE · V · UVXY · JPM · BRKB · SQQQ · TQQQ · EWT · LLY · ONDS · LGELECTRONICS · DIS · UBER · URNM · NVO · SAMSUNGEM · BBX · BX · NAVER · IWM · QNTX · KSTR · HYUNDAI · CRM · GS · HD · KODEX200 · HANMI
Only on Extended: 191
EUR · SP500 · NAS100 · USDJPY · ZRO · UNITREE · JTO · GRASS · BTW · GRAM · ETHFI · TRX · AERO · KR200 · VVV · APT · TTWO · PEARL · PONS · S · SHOP · CASHCAT · JASMY · BKNG · TIA · JP225 · RENDER · SAND · DASH · AZTEC · INJ · FET · AGT · ISRG · AMGN · SPX · PIEVERSE · PURR · TXN · Q · STX · ADI · SAGA · KSM · AKE · USELESS · KITE · QNT · TMUS · AKT · GTC · ALGO · ORCA · GWEI · IRYS · APP · AIA · EDGE · CHIP · AR · 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 $7.70 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: 4 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 EWZ, long on GRVT and short on Extended, with $61 left after costs.
Which is bigger, GRVT or Extended?
24-hour volume: GRVT $546.4M, Extended $471.1M. Open interest as each reports it: $424.9M and $194.0M. 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.

