Head to head
the arrow points to the better figure| GRVT | Extended | |
|---|---|---|
| Trading | ||
| $9.01 | BTC trade, $10k▶ | $6.85 |
| $1,121 | BTC trade, $1M▶ | $816 |
| $5.9M | BTC book depth▶ | $11.7M |
| 0.045%/0.000% | Taker / maker▶ | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $497.9M | ◀Volume 24h | $420.9M |
| $497.5M | ◀Volume, 7-day average | $441.4M |
| $427.0Mone side | Open interest | $193.2Mlongs + 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 | +0.600% |
| 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 | $0.676.7 bp |
| $10k | $9.019.0 bp | $6.856.8 bp |
| $100k | $91.239.1 bp | $70.247.0 bp |
| $1M | $1,12111.2 bp | $8168.2 bp |
| $5M | $906,7441813.5 bp | $9,97920.0 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 |
|---|---|---|---|---|
| XAU | 0.0000% | +0.0240% | +0.0240% | +$6 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$22 |
| XAG | +0.0090% | +0.0240% | +0.0150% | −$10 |
| HOOD | 0.0000% | +0.0040% | +0.0040% | −$31 |
| INTC | +0.0195% | +0.0256% | +0.0061% | −$12 |
| SOXL | +0.0510% | +0.0328% | +0.0182% | −$42 |
| EWY | +0.0170% | +0.0072% | +0.0098% | −$12 |
| BZ | −0.0354% | −0.0384% | +0.0030% | −$26 |
| CL | −0.0298% | −0.0416% | +0.0118% | −$5 |
| XPT | 0.0000% | +0.0640% | +0.0640% | −$3 |
| COPPER | 0.0000% | +0.0272% | +0.0272% | −$4 |
| MSTR | 0.0000% | +0.0032% | +0.0032% | −$14 |
| CRCL | +0.0285% | +0.0384% | +0.0099% | −$15 |
| SPCX | +0.0335% | +0.0280% | +0.0055% | −$24 |
| SKHYNIX | +0.2094% | +0.0440% | +0.1654% | −$23 |
| MU | +0.0270% | +0.0096% | +0.0174% | −$30 |
| ASTS | +0.0711% | +0.0512% | +0.0199% | −$115 |
| SNDK | +0.0137% | +0.0216% | +0.0079% | −$21 |
| NVDA | 0.0000% | +0.0032% | +0.0032% | −$17 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$28 |
Only on GRVT: 42
EWJ · MOODENG · SPY · XPD · PROVE · ZK · QQQ · PAYP · BARD · LA · BERA · CC · STRC · RIVER · XLE · V · UVXY · JPM · BRKB · SQQQ · TQQQ · EWT · ONDS · LGELECTRONICS · LLY · DIS · UBER · URNM · QNTX · NVO · GS · KODEX200 · CRM · BBX · SAMSUNGEM · HYUNDAI · KSTR · HD · IWM · BX · NAVER · HANMI
Only on Extended: 191
EUR · SP500 · NAS100 · ZRO · USDJPY · UNITREE · JP225 · JTO · GRASS · GRAM · ETHFI · TRX · AERO · KR200 · APT · VVV · TTWO · PEARL · S · PONS · SHOP · CASHCAT · JASMY · RENDER · BTW · TIA · BKNG · INJ · SAND · DASH · AZTEC · AGT · FET · SPX · ISRG · AMGN · PIEVERSE · SAGA · PURR · Q · TXN · STX · ADI · KSM · USELESS · AKE · KITE · TMUS · AKT · ALGO · QNT · GTC · IRYS · GWEI · APP · ORCA · EDGE · AR · FLOKI · CGPT · 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 $6.85 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 $38 left after costs.
Which is bigger, GRVT or Extended?
24-hour volume: GRVT $497.9M, Extended $420.9M. Open interest as each reports it: $427.0M and $193.2M. 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.

