Exchange comparison
Compare crypto perp exchanges
Base-tier fee schedules, funding intervals, and platform features side by side. Fee data last reviewed 2026-07-06.
Best overall
Hyperliquid
Deep on-chain books, 0.01%/0.035% base fees, hourly funding, no KYC.
🎁 10% off fees with our link
Lowest fees
Lighter
0% maker / 0% taker on standard accounts — the cost floor of the market.
🎁 10% off fees with our link
Best bonus
Bybit
Tier-1 CEX liquidity with the largest signup incentive of any venue here.
🎁 Up to $10k deposit bonus
Best for makers
Phemex
0.01% base maker fee — the cheapest CEX seat for resting-order styles.
🎁 10% off fees with our link
Some links are referral links. We may earn a commission at no extra cost to you.
| Exchange | Maker | Taker | Funding | KYC | Products | |
|---|---|---|---|---|---|---|
 Hyperliquid | 0.01% | 0.035% | 1h | None | Perpetuals · Spot · Vaults | Trade10% off fees with our link |
 Bybit | 0.02% | 0.055% | 8h | Required | Perpetuals · Spot · Options | TradeUp to $10k deposit bonus |
 Lighter | 0% | 0% | 1h | None | Perpetuals | Trade10% off fees with our link |
 Phemex | 0.01% | 0.06% | 8h | Optional | Perpetuals · Spot · Copy trading | Trade10% off fees with our link |
 Binance | 0.02% | 0.05% | 8h | Required | Perpetuals · Spot · Options | Trade10% off fees with our link |
 OKX | 0.02% | 0.05% | 8h | Required | Perpetuals · Spot · Options | Trade |
 Bitget | 0.02% | 0.06% | 8h | Required | Perpetuals · Spot · Copy trading | Trade |
 MEXC | 0% | 0.02% | 8h | Optional | Perpetuals · Spot · ETF tokens | Trade |
 BloFin | 0.02% | 0.06% | 8h | Optional | Perpetuals · Spot · Copy trading | Trade |
 Deribit | 0% | 0.05% | 8h | Required | Perpetuals · Options · Futures | Trade |
 Gate.io | 0.02% | 0.05% | 8h | Required | Perpetuals · Spot · Options | Trade |
 KuCoin | 0.02% | 0.06% | 8h | Required | Perpetuals · Spot · Margin | Trade |
Fee rates shown are estimates based on publicly listed base-tier schedules and may be outdated or vary by account tier, region, token discounts, and promotions. Always verify current rates directly with the exchange before trading.
In detail
Exchange profiles
Strengths, weaknesses, and who each venue suits best. Links are referral links — see our affiliate disclosure in the footer.
Hyperliquid
Funding every 1h · KYC: None
PopularLow fees
Maker
0.01%
Taker
0.035%
PerpetualsSpotVaults
Fully on-chain order book with CEX-grade speed
No KYC required to trade
Hourly funding smooths carry costs
Newer venue with shorter track record
Fewer fiat on-ramps than large CEXs
On-chain perp DEX. Fee tiers scale with 14-day volume; staking HYPE reduces fees further.
Maker
0.02%
Taker
0.055%
PerpetualsSpotOptionsCopy trading
Deep liquidity on major pairs
Fast listings for new perp markets
Strong trading UI and API
KYC mandatory
Regional restrictions apply
One of the largest derivatives venues by volume. Frequent fee promos on new listings.
Lighter
Funding every 1h · KYC: None
NewLow fees
Maker
0%
Taker
0%
Perpetuals
Zero maker and taker fees on standard accounts
zk-rollup order book with verifiable matching
No KYC to trade
Younger venue with a shorter track record
Fewer markets than large CEXs
Zero-fee on-chain perp DEX built on a zk-rollup. Fee-free model is core to the product — still verify current schedule.
Maker
0.01%
Taker
0.06%
PerpetualsSpotCopy trading
Very low 0.01% maker fee on contracts
Fast matching engine built by ex-HFT engineers
Basic trading available with light KYC
Liquidity behind tier-1 venues on altcoins
Smaller product catalog than Binance/OKX
Derivatives-first CEX known for engine speed and cheap maker executions.
Maker
0.02%
Taker
0.05%
PerpetualsSpotOptionsMarginEarn
Deepest liquidity in the industry
BNB discount lowers effective fees
Broadest product coverage
Strict KYC
Not available in several jurisdictions
Largest global exchange. Paying fees in BNB cuts rates ~10% — modelled via the discount field.
Maker
0.02%
Taker
0.05%
PerpetualsSpotOptionsDEX aggregator
Competitive fees with OKB discounts
Solid options and structured products
Unified account margining
KYC mandatory
Interface can overwhelm beginners
Top-tier derivatives venue with a strong unified trading account.
Maker
0.02%
Taker
0.06%
PerpetualsSpotCopy tradingBots
Best-known copy trading platform
Frequent zero-fee spot promos
Wide altcoin perp coverage
Liquidity thinner on long-tail pairs
KYC required
Popular with copy traders; BGB token holders get fee discounts.
Maker
0%
Taker
0.02%
PerpetualsSpotETF tokens
Zero maker fees on futures (promo)
Massive long-tail altcoin catalog
Light KYC for basic tiers
Liquidity thin outside majors
Promo fee schedules change without much notice
Aggressive fee promos — 0% maker is promotional and may end; verify before relying on it.
Maker
0.02%
Taker
0.06%
PerpetualsSpotCopy trading
No KYC below withdrawal thresholds
Clean, trader-focused interface
Good API for systematic traders
Smaller order books than tier-1 CEXs
Fewer listed products
Fast-growing derivatives-first venue popular with no-KYC traders.
Maker
0%
Taker
0.05%
PerpetualsOptionsFuturesSpot
Dominant BTC/ETH options liquidity
0% maker on perpetuals
Institutional-grade risk engine
Focused on majors — few altcoins
KYC required
The reference venue for crypto options; perp funding settles continuously (8h reference).
Maker
0.02%
Taker
0.05%
PerpetualsSpotOptionsLending
Huge listing catalog (3000+ assets)
GT token fee discounts
Established since 2013
UI density is high
Liquidity varies widely by pair
Best known for early listings of long-tail assets.
Maker
0.02%
Taker
0.06%
PerpetualsSpotMarginBots
Wide altcoin selection
KCS token fee discounts
Built-in trading bots
Derivatives liquidity behind tier-1 venues
KYC required
Long-running altcoin exchange with a solid futures arm.