Cheapest exchange for perps

Last updated: June 2026

Perpetual-futures traders feel fees more than anyone — high frequency and leverage magnify every basis point. Here are the major exchanges ranked by published perp taker fee, cheapest first.

Perp fees, ranked

#ExchangeMakerTaker
1Bitfinex logoBitfinex0.000%0.000%
2MEXC logoMEXC0.000%0.020%Open account
3Coinbase logoCoinbase0.000%0.030%
4WhiteBIT logoWhiteBIT (WBT discount)0.010%0.035%
5Crypto.com logoCrypto.com0.020%0.040%
6Hyperliquid logoHyperliquid0.015%0.045%Open account
7Binance logoBinance (BNB discount)0.020%0.050%Open account
8OKX logoOKX (OKB discount)0.020%0.050%Open account
9Gate.io logoGate.io (GT discount)0.015%0.050%Open account
10Kraken logoKraken0.020%0.050%
11BingX logoBingX0.020%0.050%
12BitMEX logoBitMEX0.020%0.050%
13Backpack logoBackpack0.020%0.050%
14CoinEx logoCoinEx (CET discount)0.030%0.050%
15Bybit logoBybit0.020%0.055%Open account
16Bitget logoBitget (BGB discount)0.020%0.060%
17KuCoin logoKuCoin (KCS discount)0.020%0.060%
18HTX logoHTX (HT discount)0.020%0.060%
19Phemex logoPhemex0.010%0.060%
20BitMart logoBitMart (BMX discount)0.020%0.060%

Funding is a hidden cost

On perps, the headline maker/taker fee isn't your whole cost — funding rates (paid every 8 hours between longs and shorts) can dwarf trading fees if you hold positions. FeeEdge's Pro funding optimizer shows the cheapest venue to hold a long or short right now.

See your real perp cost across 20 venues →

FAQ

Which exchange has the cheapest perpetual-futures fees?

On base-tier taker fees, MEXC, Bitfinex and Hyperliquid rank among the cheapest perp venues — but funding and your volume tier change the real cost, so check your own profile in the calculator.

Do funding rates matter more than trading fees?

Often. Funding is exchanged between longs and shorts ~every 8 hours; holding a leveraged position through several windows can cost more than the trade itself. The cheapest venue to trade isn't always the cheapest to hold — see the hidden costs of crypto trading.

Are perp fees lower than spot fees?

Usually — perp maker/taker fees (around 0.02%/0.05%) are typically far below spot fees (0.1%+) on the same exchange, which is part of why active traders prefer perps.

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