Head to head
the arrow points to the better figure| StandX | Deribit | |
|---|---|---|
| Trading | ||
| $13.51 | BTC trade, $10k▶ | $7.06 |
| $1,615 | BTC trade, $1M▶ | $989 |
| $7.4M | BTC book depth▶ | $51.1M |
| 0.040%/0.010% | Taker / maker▶ | 0.035%/0.015% |
| 40x | Max leverage▶ | 50x |
| Size | ||
| $375.1M | Volume 24h▶ | $701.8M |
| $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% |
| +0.741% | 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 | $1.3213.2 bp | $0.717.1 bp |
| $10k | $13.5113.5 bp | $7.067.1 bp |
| $100k | $13813.8 bp | $74.607.5 bp |
| $1M | $1,61516.2 bp | $9899.9 bp |
| $5M | $9,77119.5 bp | $9,47619.0 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 13
funding /8h · Net 7d at $10k| Asset | StandX | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0040% | 0.0000% | +0.0040% | −$40 |
| XAG | +0.0040% | 0.0000% | +0.0040% | −$83 |
| CL | +0.0040% | 0.0000% | +0.0040% | +$20 |
| MU | 0.0000% | +0.0152% | +0.0152% | −$24 |
| SPCX | 0.0000% | 0.0000% | 0.0000% | +$21 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$1 |
Only on StandX: 0
Only on Deribit: 119
XRP · PAXG · AVAX · NEAR · LINK · DOGE · CRCL · SUI · LTC · EURC · NVDA · QQQ · ADA · ENA · AAVE · HBAR · COIN50 · SPY · TRX · ARB · AMZN · MSTR · XLM · MSFT · FARTCOIN · GOOGL · TAO · BCH · EWY · WLD · BE · META · AAPL · TRUMP · SNDK · TSM · CRV · DOT · SOXL · NBIS · PUMP · MRVL · PEPE · WIF · BZ · HOOD · DRAM · FIL · LIT · AMD · RENDER · OPENAI · ONDO · ASTER · ANTHROPIC · INJ · INTC · PNUT · FET · VIRTUAL · and 59 more
Questions
Is StandX or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $13.51 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: 3 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 SPCX, long on StandX and short on Deribit, with $21 left after costs.
Which is bigger, StandX or Deribit?
24-hour volume: StandX $375.1M, Deribit $701.8M. 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.