Head to head
the arrow points to the better figure| StandX | Deribit | |
|---|---|---|
| Trading | ||
| $13.29 | BTC trade, $10k▶ | $7.06 |
| $1,551 | BTC trade, $1M▶ | $1,041 |
| $7.8M | BTC book depth▶ | $48.4M |
| 0.040%/0.010% | Taker / maker▶ | 0.035%/0.015% |
| 40x | Max leverage▶ | 50x |
| Size | ||
| $380.5M | Volume 24h▶ | $708.8M |
| $380.2M | Volume, 7-day average▶ | $1.65B |
| $43.8Mlongs + shorts | Open interest | $1.36Bone side |
| $26.2M | TVL | — |
| Markets | ||
| 13 | Markets▶ | 134 |
| 6 | Stocks & RWA▶ | 34 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | 0.0000% |
| +0.743% | BTC longs paid, 30d | +0.298% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | StandX | Deribit |
|---|---|---|
| $1k | $1.3113.1 bp | $0.717.1 bp |
| $10k | $13.2913.3 bp | $7.067.1 bp |
| $100k | $13613.6 bp | $78.857.9 bp |
| $1M | $1,55115.5 bp | $1,04110.4 bp |
| $5M | $9,03318.1 bp | $9,50619.0 bp |
ZEC funding per day
pair pageSize
daily, since Nov 23Volume by asset class
last yearOn both: 13
funding /8h · Net 7d at $10k| Asset | StandX | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | 0.0000% | +0.0100% | −$4 |
| ETH | +0.0100% | 0.0000% | +0.0100% | −$3 |
| SOL | +0.0100% | +0.0011% | +0.0089% | −$10 |
| BNB | 0.0000% | +0.0200% | +0.0200% | −$9 |
| HYPE | +0.0100% | +0.0075% | +0.0025% | −$59 |
| UNI | +0.0100% | +0.0117% | +0.0017% | −$81 |
| ZEC | +0.0100% | +0.0457% | +0.0357% | +$2 |
Only on StandX: 0
Only on Deribit: 119
XRP · PAXG · AVAX · NEAR · LINK · DOGE · CRCL · SUI · LTC · EURC · NVDA · QQQ · AAVE · ADA · ENA · HBAR · COIN50 · SPY · TRX · ARB · AMZN · MSTR · XLM · MSFT · FARTCOIN · GOOGL · BCH · EWY · TAO · WLD · BE · META · AAPL · TRUMP · SNDK · PUMP · DOT · TSM · CRV · SOXL · NBIS · MRVL · PEPE · WIF · BZ · HOOD · DRAM · FIL · LIT · AMD · RENDER · OPENAI · ONDO · ANTHROPIC · INJ · INTC · FET · PNUT · ASTER · VIRTUAL · and 59 more
Questions
Is StandX or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $13.29 on StandX and $7.06 on Deribit right now, taker fee and order-book slippage together, so Deribit is cheaper. Taker fees: 0.04% and 0.035%.
Which has more markets, StandX or Deribit?
StandX lists 13 active markets and Deribit 134; 13 assets trade on both, 6 of them stocks, commodities or other real-world assets.
Does StandX or Deribit require KYC?
StandX: No ID to trade (KYC only to mint or redeem DUSD directly); not for the US, the UK, Russia or sanctioned countries. Deribit: ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Can you arbitrage funding between StandX and Deribit?
Yes: 1 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 ZEC, long on StandX and short on Deribit, with $2 left after costs.
Which is bigger, StandX or Deribit?
24-hour volume: StandX $380.5M, Deribit $708.8M. Open interest as each reports it: $43.8M and $1.36B. StandX reports open interest as longs plus shorts, both sides of every position; Deribit reports one side. For the same positions StandX's figure reads about twice as large. TVL: $26.2M and none published.