Head to head
the arrow points to the better figure| GRVT | Extended | |
|---|---|---|
| Trading | ||
| $9.01 | BTC trade, $10k▶ | $5.12 |
| $1,050 | BTC trade, $1M▶ | $638 |
| $5.8M | BTC book depth▶ | $11.9M |
| 0.045%/0.000% | Taker / maker▶ | 0.025%/0.000% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $503.5M | ◀Volume 24h | $435.6M |
| $497.5M | ◀Volume, 7-day average | $441.4M |
| $426.5Mone side | Open interest | $194.3Mlongs + 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 | $0.515.1 bp |
| $10k | $9.019.0 bp | $5.125.1 bp |
| $100k | $90.129.0 bp | $51.245.1 bp |
| $1M | $1,05010.5 bp | $6386.4 bp |
| $5M | $409,601819.2 bp | $9,85219.7 bp |
BTC funding per day
pair pageVolume by asset class
last 30 daysOn both: 142
funding /8h · Net 7d at $10k| Asset | GRVT | Extended | Spread | Net 7d |
|---|---|---|---|---|
| XAU | 0.0000% | +0.0224% | +0.0224% | +$8 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$21 |
| XAG | +0.0028% | +0.0152% | +0.0124% | −$10 |
| HOOD | 0.0000% | 0.0000% | 0.0000% | −$38 |
| INTC | +0.0087% | +0.0168% | +0.0081% | −$11 |
| SOXL | +0.0326% | +0.0248% | +0.0078% | −$44 |
| EWY | +0.0533% | +0.0320% | +0.0213% | −$12 |
| BZ | −0.0322% | −0.0448% | +0.0126% | −$29 |
| CL | −0.0392% | −0.0376% | +0.0016% | −$37 |
| MSTR | 0.0000% | +0.0032% | +0.0032% | −$16 |
| COPPER | 0.0000% | +0.0352% | +0.0352% | −$6 |
| XPT | +0.0846% | +0.0768% | +0.0078% | −$42 |
| CRCL | +0.0096% | +0.0272% | +0.0176% | −$15 |
| SPCX | +0.0366% | +0.0336% | +0.0030% | −$24 |
| SKHYNIX | 0.0000% | +0.0184% | +0.0184% | −$18 |
| MU | +0.0184% | +0.0032% | +0.0152% | −$35 |
| ASTS | +0.0413% | +0.0416% | +0.0003% | −$82 |
| SNDK | +0.0162% | +0.0184% | +0.0022% | −$23 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$27 |
| NVDA | 0.0000% | +0.0032% | +0.0032% | −$31 |
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 · LLY · LGELECTRONICS · DIS · NVO · URNM · UBER · HD · BBX · BX · HANMI · HYUNDAI · CRM · QNTX · IWM · GS · SAMSUNGEM · KODEX200 · NAVER · KSTR
Only on Extended: 191
EUR · SP500 · NAS100 · USDJPY · ZRO · UNITREE · JTO · BTW · GRASS · JP225 · GRAM · ETHFI · TRX · AERO · KR200 · VVV · APT · TTWO · PEARL · S · PONS · SHOP · CASHCAT · JASMY · RENDER · TIA · BKNG · DASH · AGT · SAND · AZTEC · INJ · FET · ISRG · AMGN · SPX · STX · PURR · TXN · PIEVERSE · Q · ADI · SAGA · KSM · USELESS · AKE · KITE · TMUS · AKT · IRYS · CHIP · ALGO · GTC · QNT · AIA · GWEI · APP · ORCA · EDGE · 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 $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: 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 $82 left after costs.
Which is bigger, GRVT or Extended?
24-hour volume: GRVT $503.5M, Extended $435.6M. Open interest as each reports it: $426.5M and $194.3M. 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.

