Live data
Stacks (STX) perpetual futures
Live funding rates, open interest, and measured trade costs for Stacks. 11 venues in the PerpFinder venue map list STX perps.
At a glance
This STX funding snapshot covers 2 venues: Hyperliquid and dYdX. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists STX.
- Highest annualized funding
- 0.00%dYdX
- Lowest annualized funding
- -61.73%Hyperliquid
More
The highest listed annualized funding rate is 0.00% on dYdX, and the lowest is -61.73% on Hyperliquid.
Only Hyperliquid reports open interest of the 2 listed venues, so there is no executable spread.
Hyperliquid reports $1.1m of open interest across the venues in this snapshot that publish it.
The STX price in this snapshot comes from Hyperliquid at $0.2664.
Generated from live venue feeds at
Funding rates
Annualized rates across exchanges
dYdXDEX
HyperliquidDEXOpen interest
Per-exchange open interest
HyperliquidLong/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. STX is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade Stacks (STX) Perpetual Futures
9 of the 11 venues that list STX perps have a PerpFinder review page. The table compares fees, leverage, and features for those 9.
| Venue | Maker | Taker | Max leverage | Rating | Trade |
|---|---|---|---|---|---|
| 0.015% | 0.045% | 40x | 9.2 | STX → | |
| 0.010% | 0.050% | 50x | 9.0 | STX → | |
| 0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads | 1000x | 8.0 | STX → | ||
| 0.010% | 0.035% | 50x | 8.0 | STX → | |
| 0.010% | 0.020% | 100x | 7.8 | STX → | |
| Free | 0.030% | 50x | 7.8 | STX → | |
| -0.010% | 0.017% | 1000x | 7.8 | STX → | |
| 0.050% | 0.080% | 20x | 7.5 | STX → | |
| Free | 0.040% | 100x | 7.5 | STX → | |
Market Overview
Stacks is a Bitcoin Layer 2 that enables smart contracts and DeFi applications secured by Bitcoin's proof-of-work. STX perpetual futures are available on major centralized exchanges. STX perps are the primary way to trade the Bitcoin DeFi and Bitcoin L2 narrative with leverage, often seeing volume spikes around Bitcoin halving events and Stacks protocol upgrades.
Stacks settles to Bitcoin and periodically anchors its state to the Bitcoin chain, making STX one of the cleaner Bitcoin-L2 exposures available as a perp. Expect its price action — and its funding — to carry meaningful BTC beta on top of project-specific catalysts.
Trading Tips for Stacks Perps
STX is the highest-beta Bitcoin ecosystem trade available in perps. When BTC rallies on institutional adoption or halving narratives, STX tends to outperform 2-3x. Use STX perps for amplified BTC exposure, but size down accordingly given the higher volatility.
Frequently Asked Questions — Stacks (STX)
What is the current STX perpetual futures funding rate?
The live Stacks (STX) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists STX perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest STX perp trading fees?
Among 8 tracked STX venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.
How does Stacks open interest compare across exchanges?
The Stacks (STX) open-interest chart shows the total value of outstanding STX derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the STX long/short ratio indicate?
The Stacks long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade STX perpetual futures?
Stacks (STX) perps are listed on 9 exchanges, including Hyperliquid, dYdX, Gains Network, Bluefin, and SynFutures, plus 4 more. The "Where to Trade Stacks (STX) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: Layer 2 · Data updates every 2 minutes · All rates shown are annualized