Head to head
the arrow points to the better figure| GRVT | StandX | |
|---|---|---|
| Trading | ||
| $9.01 | ◀BTC trade, $10k | $13.51 |
| $1,052 | ◀BTC trade, $1M | $1,615 |
| $4.6M | BTC book depth▶ | $7.4M |
| 0.045%/0.000% | Taker / maker▶ | 0.040%/0.010% |
| 50x | ◀Max leverage | 40x |
| Size | ||
| $432.5M | ◀Volume 24h | $376.1M |
| $480.8M | ◀Volume, 7-day average | $380.2M |
| $474.7Mone side | Open interest | $43.8Mlongs + shorts |
| $34.2M | ◀TVL | $26.2M |
| Markets | ||
| 184 | ◀Markets | 13 |
| 105 | ◀Stocks & RWA | 6 |
| 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0098% |
| +0.703% | BTC longs paid, 30d | +0.741% |
| Access | ||
| No ID | KYC | No ID |
| $GRVT | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | GRVT | StandX |
|---|---|---|
| $1k | $0.909.0 bp | $1.3213.2 bp |
| $10k | $9.019.0 bp | $13.5113.5 bp |
| $100k | $90.129.0 bp | $13813.8 bp |
| $1M | $1,05210.5 bp | $1,61516.2 bp |
| $5M | — | $9,77119.5 bp |
HYPE funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 12
funding /8h · Net 7d at $10k| Asset | GRVT | StandX | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0098% | +0.0002% | −$22 |
| ETH | +0.0100% | +0.0100% | 0.0000% | −$20 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$28 |
| BNB | +0.0345% | 0.0000% | +0.0345% | −$24 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$27 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$38 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$30 |
Only on GRVT: 172
JUP · PUMP · NEAR · PAXG · H · POL · KPEPE · XRP · INTC · AXS · HOOD · LIT · MON · EWY · ATOM · VIRTUAL · PENDLE · LINK · ICP · EWJ · PENGU · XLM · AAVE · DOGE · CRV · ZEN · SUI · CFX · TAO · ONDO · BCH · ENA · KSHIB · WLD · KAIA · HBAR · MOODENG · ARB · ASTER · LTC · GRVT · AVAX · LDO · XMR · OP · QQQ · FIL · KBONK · ADA · WIF · WLFI · SEI · KAITO · XPL · POPCAT · XPD · STRK · DOT · XPT · AVNT · and 112 more
Only on StandX: 1
Questions
Is GRVT or StandX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.01 on GRVT and $13.51 on StandX right now, taker fee and order-book slippage together, so GRVT is cheaper. Taker fees: 0.045% and 0.04%.
Which has more markets, GRVT or StandX?
GRVT lists 184 active markets and StandX 13; 12 assets trade on both, 5 of them stocks, commodities or other real-world assets.
Does GRVT or StandX 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. StandX: No ID to trade (KYC only to mint or redeem DUSD directly); not for the US, the UK, Russia or sanctioned countries.
Can you arbitrage funding between GRVT and StandX?
Not profitably right now: none of the 12 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, GRVT or StandX?
24-hour volume: GRVT $432.5M, StandX $376.1M. Open interest as each reports it: $474.7M and $43.8M. StandX reports open interest as longs plus shorts, both sides of every position; GRVT reports one side. For the same positions StandX's figure reads about twice as large. TVL: $34.2M and $26.2M.