Find exchanges for the way you trade. Compare how much you can trade, what you’ll pay and how quickly losses can use up your deposit.
Enter where you live, what you want to trade and how large the trade will be. You can also adjust your budget, order type and time in the trade.
Results use researched contract limits and fees. Funding uses your assumption; slippage and account-specific offers are excluded.
Divide the full trade size by leverage to estimate the deposit you need. For example, a $10,000 trade at 10× starts with $1,000. Trading fees depend on how your orders fill; exchanges that quote a price from a pool of funds have their own opening, closing and borrowing charges.
Holding costs use the funding rate you enter, scaled to the time you plan to hold. They exclude variable borrowing charges. The estimated distance to a forced closure uses leverage and the minimum balance rule. Fees, changes in the price you get and adjustments for larger positions can change the actual result.
These are estimates to help you compare. Before trading, check the exchange’s current price, contract terms and rules for your country.
Keeping a $10,000 Bitcoin buy open for a week can cost more than the fee to place it. Change how the orders fill and how long you hold the trade to see the difference.
Opening and closing the trade costs $1 less on OKX at these standard rates. Keeping it open longer doesn’t change that $1 difference.
Over seven days, the assumed payments for keeping the trade open add up to $21 on either exchange. Those rates can matter more than a small difference in trading fees.
For this example, each opening and closing order is worth $10,000. We use standard global fees without discounts and assume you pay 0.01% every eight hours to keep the trade open, called funding. These are example rates, not current quotes, and we leave out costs from differences in buying and selling prices. The maker rate applies only when your order waits for another trader to fill it.
Each new trade means another set of opening and closing fees. Keep one trade open instead, and the regular funding payments become more important. The rate can change, and sometimes you receive a payment instead of making one.
Fees are charged on the full trade. If you put up $1,000 to open a $10,000 position at 10×, the fee is still calculated on $10,000. Try your own numbers in the fee and break-even calculator to include how you buy, sell and keep the trade open.
Work out how much to put into a trade, what it could cost and when the exchange might close it. Start with these examples, then try your own numbers.
Here, a $60,000 Bitcoin buy at 10× could be closed by the exchange around $54,271. The trade uses USDT, with its deposit kept separate from other positions. We assume a 0.5% minimum balance requirement and no fees. Change those inputs to see what moves the estimate.
Keeping a futures trade open can mean paying other traders or being paid. For a $20,000 buy position, rates of +0.01%, +0.03% and −0.02% mean paying $2, paying $6, then receiving $4. You’ve paid $4 overall.
A $10,000 trade that costs $15 needs a 0.15% price move in your favor before you break even. Add your buying, selling and holding costs to see how much of a price gain you’d actually keep.
If your planned loss is $100 and you’ll exit 2% below your entry, the trade size is $5,000. You’d put up $500 at 10× or $250 at 20×. Fees and a worse-than-planned exit can increase the loss.
You can trade Bitcoin’s price without owning Bitcoin. But the money or coins backing that trade still matter: they affect your balance when the market moves.
Some Bitcoin futures pay gains and losses in USDT or another stablecoin; others pay in Bitcoin. With Bitcoin backing the trade, those coins change in dollar value too. That matters if you track your results in dollars.
Suppose you own one BTC bought at $60,000. A rise to $63,000 adds $3,000 to its value. A separate, dollar-settled futures trade against Bitcoin—a short—for one BTC would lose $3,000 before costs. The two offset each other in this example. But the gain on your coin won’t automatically top up the separate futures account; that account still needs enough money to keep the short open.
Explore Bitcoin futures exchangesIf you use ETH to back a trade that profits when ETH rises, a price drop hits both at once: your trade loses money and the ETH you posted is worth less. Using USDT or another stablecoin removes that second source of ETH price risk.
Compare ETH futuresSOL, TON, Render and POL futures have their own details. One unit on the trading screen might represent a bundle of tokens. An older symbol may still appear after a token changes name. And an exchange can offer the futures trade without accepting deposits of that token. The coin’s logo alone won’t tell you what you’re trading.
Browse all 40 crypto futures marketsTwo exchanges can suit different ways of trading. Here’s how they compare when the size of your order, the time you hold it or the controls you want change.
See where you can trade your coin and which currency you’ll be paid in.
02Country researchWhere you can tradeFind futures exchanges that serve people where you live.
03Position sizeLarge positionsSee which exchanges can handle bigger trades and what they cost.
Binance had lower costs for filling $100,000 Bitcoin orders in our sample. Bybit cost less to keep a buy position open over the week we studied. A quick trade and a week-long hold led to different choices.
02Hyperliquid vs AsterHyperliquid lets you trade from a wallet using USDC and see other traders’ buy and sell orders. Aster Pro lets you hide pending orders and use different assets to back a trade. Its Shield and 1001× products work differently again.
03MEXC vs WEEXWEEX has the lower published API maker fee. For manual trading, MEXC’s account offers can change the comparison; the rate shown in your account is what matters. The comparison also checks how much each Bitcoin order can contain.
Pick the exchange, country or trading topic you want to explore.
15 shortlists for different needs, from lower fees and larger trades to trading directly from a wallet.
Get to know an exchange before opening an account: how trading works, what you pay and how to withdraw your funds.
Down to two choices? These 25 comparisons put their costs and features side by side.
Where you can trade futures, how to fund an account and which local rules or taxes matter where you live.
40 guides that explain orders, leverage, holding costs and forced closures, with examples you can follow step by step.
See the numbers behind our comparisons, including larger-order costs and leverage limits. Each result shows when the data was collected.
A price on the screen may cover only a small trade. Buy or sell more, and part of your order may fill at a different price. Here’s what that looked like in our data.
Choose a coin to see where you can trade it, what it costs and which features are worth comparing.
We estimated the extra price cost of buying and selling SUI at ten exchanges. The middle result was about $3.63 for $10,000 orders and $120.30 for $100,000 orders, before trading fees. Buying more meant reaching offers at less favorable prices.
See the trading cost comparisonA simulated $100,000 Bitcoin buy on Bybit cost about $2.10 more than if the whole order had filled at the lowest price offered. A separate sale of the same size could have filled entirely at the highest price buyers were offering.
These are separate calculations using the orders visible at that moment. No trades were placed, and later orders may get different prices.
Compare the buy and sell resultsThe best fit depends on how you trade. Some exchanges save you money on frequent trades; others give you more control over exits or let you use a wallet. Here’s where each one stands out.
Small fees add up when you trade Bitcoin often. At standard futures rates, an order that fills immediately costs less on Binance than on Bybit. That saving matters most when you’re opening and closing trades throughout the day.
OKX gives you room to organize several trades in one account. Keep money set aside for one position, or share a balance across others. Useful flexibility once you’re doing more than opening a single Bitcoin trade.
You don’t have to close a winning trade all at once. Bybit lets you take some profit at one price and leave the rest running, with separate exit orders for each part.
Kraken brings regular crypto buying and futures together with the same provider. It also accepts several assets to back a futures position, giving you a choice of which balances to use.
On Gate’s Bitcoin market, an order left waiting for another trader to fill can earn a small rebate. If you prefer to buy or sell immediately, a different fee applies.
Put $100 behind a $10,000 Bitcoin buy, and a 0.5% price fall means a $50 loss before costs. That’s what 100× does here. Try a different price move below.
Balance after this move: $50, before trading costs.
This dollar-settled example shows the price gain or loss only. The exchange can close a trade before the full $100 is lost: it requires a minimum balance and leaves room for closing fees. Payments for keeping the trade open also change your balance. Using 10× instead would require a $1,000 deposit for the same $10,000 trade. The dollar gain or loss from the price move stays the same. Estimate when a trade could be closed.
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