GRVT · Perp DEX execution cost · internalMeasured 10-28 12:27 → 10-28 13:29 UTC · built 2026-10-28 22:29 KST

What a market order costs on GRVT, next to six other perp DEXs.

Internal only. Several DEXs charge retail takers nothing (Lighter standard accounts, Variational), so "fees included" favours them. Variational is RFQ with public quotes only up to $100K, so it is missing from larger sizes.

6th of 7

Overall, by average rank across all 16 comparisons vs 6 perp DEXs, fees included. Lighter leads.

Overall · average rank across all 16 comparisons (1st = cheapest)
LighterLighter · Variational 1.8VariationalExtendedExtended 2.9AsterAster 4.4edgeXedgeX 4.7HyperliquidHyperliquid 6.0GRVTGRVT 4.91st2nd3rd4th5th6th7th

GRVT averages 4.9; Lighter leads with 1.8.

Cheapest—
MiddleBTC $100K 5/7 · BTC $500K 5/6 · BTC $1M 5/6 · ETH $100K 5/7 · ETH $250K 5/6 · ETH $500K 5/6 · SOL $100K 5/7 · XRP $100K 6/7 · BNB $100K 2/7 · HYPE $100K 6/7 · NEAR $100K 3/6 · LINK $100K 4/7 · SUI $100K 5/7 · AVAX $100K 4/5
LastDOGE $100K 7/7 · ZEC $100K 7/7

Scoreboard

One line per coin and order size. Each venue sits at its cost (bps): further left is cheaper. The large ringed logo is GRVT; hover any logo for its number.

Taker fee (base tier): GRVT 0.045% Hyperliquid 0.045% Lighter 0.000% Extended 0.025% Aster 0.040% edgeX 0.045% Variational 0.000%

Bitcoin by order size

BTC $100K
5/7
Lighter0.36Variational0.61Extended2.74Aster4.23edgeX4.59Hyperliquid5.22GRVTGRVT 4.59012345bps
BTC $500K
5/6
Lighter0.63Extended2.97edgeX4.63Aster4.73Hyperliquid5.43GRVTGRVT 4.8712345bps
BTC $1M
5/6
Lighter0.89Extended3.35edgeX4.79Aster5.10Hyperliquid5.59GRVTGRVT 5.52123456bps

Ether by order size

ETH $100K
5/7
Lighter0.59Variational0.90Extended2.89Aster4.31edgeX5.31Hyperliquid6.85GRVTGRVT 5.010246bps
ETH $250K
5/6
Lighter0.87Extended3.33Aster4.37edgeX5.31Hyperliquid7.01GRVTGRVT 5.40246bps
ETH $500K
5/6
Lighter1.06Extended3.97Aster4.50edgeX5.33Hyperliquid7.13GRVTGRVT 6.20246bps

10 most liquid crypto at $100K

SOL $100K
5/7
Lighter1.28Variational1.79Extended3.21Aster4.86edgeX6.91Hyperliquid9.86GRVTGRVT 5.27246810bps
XRP $100K
6/7
Lighter2.82Variational3.32Extended5.24Aster5.36edgeX5.77Hyperliquid9.44GRVTGRVT 5.8946810bps
DOGE $100K
7/7most expensive
Variational5.81Aster6.00Extended6.67edgeX7.26Hyperliquid7.35Lighter7.65GRVTGRVT 8.196.06.57.07.58.0bps
BNB $100K
2/7second
Extended4.84Variational5.78Lighter6.12Aster6.71edgeX6.78Hyperliquid8.66GRVTGRVT 5.7456789bps
HYPE $100K
6/7
Lighter2.10Variational4.56Extended4.62Aster5.51edgeX5.70Hyperliquid6.80GRVTGRVT 5.85234567bps
ZEC $100K
7/7most expensive
Lighter2.21edgeX5.76Variational5.85Aster7.00Extended8.62Hyperliquid10.26GRVTGRVT 11.2624681012bps
NEAR $100K
3/6
Lighter4.97Variational6.04Hyperliquid9.99Extended11.59Aster11.88edgeX32.78GRVTGRVT 9.88102030bps
LINK $100K
4/7
Variational6.80Extended7.54Lighter8.67edgeX11.44Hyperliquid13.43Aster15.27GRVTGRVT 11.046810121416bps
SUI $100K
5/7
Extended6.19Variational7.56Lighter8.81edgeX8.86Hyperliquid10.15Aster12.26GRVTGRVT 8.90681012bps
AVAX $100K
4/5
Extended8.24Variational9.70Lighter10.23Hyperliquid11.26Aster19.66GRVTGRVT 11.6481012151820bps
2nd of 7

Overall, by average rank across all 16 comparisons vs 6 perp DEXs, before fees, order book only. edgeX leads.

Overall · average rank across all 16 comparisons (1st = cheapest)
edgeXedgeX 2.6ExtendedExtended · Aster 3.5AsterLighterLighter 4.3VariationalVariational · Hyperliquid 5.2HyperliquidGRVTGRVT 3.01st2nd3rd4th5th6th7th

GRVT averages 3.0; edgeX leads with 2.6.

CheapestBTC $100K · BNB $100K
MiddleBTC $500K 2/6 · BTC $1M 4/6 · ETH $100K 3/7 · ETH $250K 5/6 · ETH $500K 5/6 · SOL $100K 2/7 · XRP $100K 3/7 · DOGE $100K 4/7 · HYPE $100K 2/7 · NEAR $100K 2/6 · LINK $100K 2/7 · SUI $100K 3/7 · AVAX $100K 2/5
LastZEC $100K 7/7

Scoreboard

One line per coin and order size. Each venue sits at its cost (bps): further left is cheaper. The large ringed logo is GRVT; hover any logo for its number.

Taker fee (base tier): GRVT 0.045% Hyperliquid 0.045% Lighter 0.000% Extended 0.025% Aster 0.040% edgeX 0.045% Variational 0.000%

Bitcoin by order size

BTC $100K
1/7cheapest
edgeX0.09Aster0.23Extended0.24Lighter0.36Variational0.61Hyperliquid0.72GRVTGRVT 0.090.20.40.6bps
BTC $500K
2/6second
edgeX0.13Extended0.47Lighter0.63Aster0.73Hyperliquid0.93GRVTGRVT 0.370.20.40.60.81.0bps
BTC $1M
4/6
edgeX0.29Extended0.85Lighter0.89Hyperliquid1.09Aster1.10GRVTGRVT 1.020.40.60.81.0bps

Ether by order size

ETH $100K
3/7
Aster0.31Extended0.39Lighter0.59edgeX0.81Variational0.90Hyperliquid2.35GRVTGRVT 0.510.51.01.52.02.5bps
ETH $250K
5/6
Aster0.37edgeX0.81Extended0.83Lighter0.87Hyperliquid2.51GRVTGRVT 0.900.51.01.52.02.5bps
ETH $500K
5/6
Aster0.50edgeX0.83Lighter1.06Extended1.47Hyperliquid2.63GRVTGRVT 1.700.51.01.52.02.5bps

10 most liquid crypto at $100K

SOL $100K
2/7second
Extended0.71Aster0.86Lighter1.28Variational1.79edgeX2.41Hyperliquid5.36GRVTGRVT 0.7712345bps
XRP $100K
3/7
edgeX1.27Aster1.36Extended2.74Lighter2.82Variational3.32Hyperliquid4.94GRVTGRVT 1.3912345bps
DOGE $100K
4/7
Aster2.00edgeX2.76Hyperliquid2.85Extended4.17Variational5.81Lighter7.65GRVTGRVT 3.692468bps
BNB $100K
1/7cheapest
edgeX2.28Extended2.34Aster2.71Hyperliquid4.16Variational5.78Lighter6.12GRVTGRVT 1.24123456bps
HYPE $100K
2/7second
edgeX1.20Aster1.51Lighter2.10Extended2.12Hyperliquid2.30Variational4.56GRVTGRVT 1.351234bps
ZEC $100K
7/7most expensive
edgeX1.26Lighter2.21Aster3.00Hyperliquid5.76Variational5.85Extended6.12GRVTGRVT 6.76246bps
NEAR $100K
2/6second
Lighter4.97Hyperliquid5.49Variational6.04Aster7.88Extended9.09edgeX28.28GRVTGRVT 5.3851015202530bps
LINK $100K
2/7second
Extended5.04Variational6.80edgeX6.94Lighter8.67Hyperliquid8.93Aster11.27GRVTGRVT 6.546810bps
SUI $100K
3/7
Extended3.69edgeX4.36Hyperliquid5.65Variational7.56Aster8.26Lighter8.81GRVTGRVT 4.40468bps
AVAX $100K
2/5second
Extended5.74Hyperliquid6.76Variational9.70Lighter10.23Aster15.66GRVTGRVT 7.146810121416bps