StandX vs Kraken Futures
StandX and Kraken Futures traded about the same in the last 24 hours ($376.1M and $342.5M).
Head to head
the arrow points to the better figure| StandX | Kraken Futures | |
|---|---|---|
| Trading | ||
| $13.51 | BTC trade, $10k▶ | $10.57 |
| $1,615 | BTC trade, $1M▶ | $1,435 |
| $7.4M | BTC book depth▶ | $79.8M |
| 0.040%/0.010% | ◀Taker / maker | 0.050%/0.020% |
| 40x | Max leverage▶ | 100x |
| Size | ||
| $376.1M | Volume 24h≈ | $342.5M |
| $380.2M | Volume, 7-day average▶ | $932.7M |
| $43.8Mlongs + shorts | Open interest | $484.7Mone side |
| $26.2M | TVL | — |
| Markets | ||
| 13 | Markets▶ | 280 |
| 6 | Stocks & RWA▶ | 19 |
| 1h | Funding paid every | 1h |
| +0.0098% | BTC funding /8h | −0.0007% |
| +0.741% | BTC longs paid, 30d | +0.460% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | StandX | Kraken Futures |
|---|---|---|
| $1k | $1.3213.2 bp | $1.0110.1 bp |
| $10k | $13.5113.5 bp | $10.5710.6 bp |
| $100k | $13813.8 bp | $12112.1 bp |
| $1M | $1,61516.2 bp | $1,43514.3 bp |
| $5M | $9,77119.5 bp | $8,66217.3 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 11
funding /8h · Net 7d at $10k| Asset | StandX | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0040% | −0.0172% | +0.0212% | −$50 |
| XAG | +0.0040% | +0.0006% | +0.0034% | −$82 |
| CL | +0.0040% | +0.0104% | +0.0064% | −$31 |
| MU | 0.0000% | +0.0178% | +0.0178% | −$19 |
Only on Kraken Futures: 193
XRP · SUI · LTC · TAO · LINK · XAUT · NEAR · DOGE · ADA · XMR · DOT · TRX · AAVE · AVAX · CRV · PEPE · ATOM · XLM · ENA · HBAR · ONDO · ETC · FIL · PUMP · WLD · NVDAX · QQQX · SPCXX · GLDX · PAXG · SPYX · CRCLX · POL · TRUMP · INJ · LDO · SHIB · ARB · GOOGLX · BCH · ALGO · MSTRX · QNT · FET · GALA · AAPLX · XPL · TSLAX · SAMSUNG · WIF · PENGU · ASTER · RENDER · VIRTUAL · FARTCOIN · SEI · OP · TIA · HOODX · ICP · and 133 more
Questions
Is StandX or Kraken Futures cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $13.51 on StandX and $10.57 on Kraken Futures right now, taker fee and order-book slippage together, so Kraken Futures is cheaper. Taker fees: 0.04% and 0.05%.
Which has more markets, StandX or Kraken Futures?
StandX lists 13 active markets and Kraken Futures 280; 11 assets trade on both, 4 of them stocks, commodities or other real-world assets.
Does StandX or Kraken Futures 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. Kraken Futures: Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Can you arbitrage funding between StandX and Kraken Futures?
Not profitably right now: none of the 11 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, StandX or Kraken Futures?
24-hour volume: StandX $376.1M, Kraken Futures $342.5M. Open interest as each reports it: $43.8M and $484.7M. StandX reports open interest as longs plus shorts, both sides of every position; Kraken Futures reports one side. For the same positions StandX's figure reads about twice as large. TVL: $26.2M and none published.

