Compare exchanges by open interest, derivatives volume, and the number of futures and perpetual contracts. Find the best platforms for your derivatives trading by real metrics.

#	Name	Open Interest	Adj. Vol (24H)	Perpetual	Futures

1	Binance Futures	$ 24.32B	$ 22.91B	609	22
2	OKX Futures	$ 8.62B	$ 10.99B	308	1015
3	MEXC Futures	$ 10.69B	$ 7.54B	772	0
4	WhiteBIT Futures	$ 24.79B	$ 6.65B	295	0
5	Bybit Futures	$ 9.64B	$ 6.60B	539	0
6	Gate Futures	$ 5.06B	$ 4.94B	604	0
7	Bitget Futures	$ 7.54B	$ 3.98B	578	4
8	BingX Futures	$ 0.00	$ 3.81B	591	0
9	ZOOMEX (Futures)	$ 1.05B	$ 2.44B	484	0
10	Bitunix Futures	$ 2.35B	$ 2.28B	581	0
11	Kucoin Futures	$ 13.48B	$ 1.54B	576	0
12	Phemex Futures	$ 228.17B	$ 1.11B	521	0
13	BTSE Futures	$ 3.39B	$ 1.10B	157	2
14	WEEX Futures	$ 1.64B	$ 1.09B	664	0
15	HTX Futures	$ 4.57B	$ 931.47M	208	12
16	PrimeXBT	$ 1.30B	$ 886.36M	162	0
17	Kraken Futures	$ 1.86B	$ 879.82M	276	2
18	BYDFi Futures	$ 29.99M	$ 436.14M	490	0
19	Deepcoin Futures	$ 0.00	$ 209.99M	204	0
20	Flipster Futures	$ 66.11M	$ 202.88M	479	0
21	BitMEX Derivatives	$ 8.88B	$ 173.83M	99	2
22	Tothemoon Futures	$ 0.00	$ 161.14M	12	0
23	bitFlyer Lightning	$ 0.00	$ 43.60M	1	0
24	Bitfinex Futures	$ 0.00	$ 40.77M	68	0
25	Walbi	$ 207.32K	$ 1.10M	85	0
26	Deribit	$ 155.81K	$ 4.15K	0	0

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FAQ

What are the differences in fees between derivatives and spot trading?

Spot trading usually has a simpler fee structure – a fixed percentage of the transaction amount. Derivatives may have a more complex fee structure, including fees for opening/closing positions, funding rates for perpetual contracts, and maintenance fees for holding positions.

What are derivatives on a crypto exchange?

Financial instruments whose value depends on the underlying asset (cryptocurrency). They allow traders to speculate on price changes without owning the asset itself. The main types are futures, options, swaps, and contracts for difference (CFD).

How does leverage work on CEX derivatives?

Leverage allows opening positions that exceed the amount of your own capital. For example, 10x leverage allows controlling a position 10 times larger than your deposit. This increases both potential profit and risk. The leverage size directly affects the required margin and liquidation level.

What is position liquidation on CEX derivatives?

Forced closure of a position by the exchange when the trader's margin falls below the required level. This occurs to prevent further losses and protect both the trader and the exchange. Liquidation usually happens at the market price, which may result in additional losses.

What are the advantages of trading CEX derivatives?

Trading with leverage allows for increased potential profit but also carries higher risk. It offers the ability to profit from both rising and falling markets. Hedging risks to protect the main portfolio.

What is the difference between perpetual and futures contracts on CEX?

Futures contracts have an expiration date, after which the contract is automatically closed. Perpetual futures have no expiration date and can be held indefinitely as long as sufficient margin is maintained and periodic funding fees are paid.

What risk management strategies are important when trading CEX derivatives?

Using stop-loss orders to limit potential losses. Diversifying the portfolio and positions. Properly selecting the leverage size based on experience. Calculating and adhering to the maximum risk per trade (no more than 1-2% of the deposit). Hedging positions using opposite contracts or options.