Lower Fees
0.6
%
Taker Fee ·
Coinbase Futures
Higher Volume
$44.89B
Taker Fee ·
Binance
More Leverage
125x
Taker Fee ·
Binance
Higher Rating
9.4
/10
Taker Fee ·
Binance
Rating
About
Binance, founded in 2017 by Changpeng Zhao, offers extensive liquidity and some of the highest global trading volumes for crypto perpetuals.
Headquartered in Dubai, it serves 260M+ users across 180 countries with 350+ spot assets, futures, margin trading, staking, and passive income products.
Binance holds regulatory licenses across Europe, USA, Japan, UAE, and APAC, employs multi-factor security, and publishes verified Proof of Reserves audits.
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, offers regulated crypto futures through Coinbase Financial Markets (CFM) for US traders, approved by the CFTC.
Internationally, Coinbase provides perpetual futures via Coinbase Advanced, with 90+ markets, up to 20x leverage, and USDC settlement.
Licensed globally (US, UK FCA, Germany BaFin), Coinbase secures funds through audited reserves, NASDAQ-listed transparency, and cold storage custody.
Volume & Liquidity
Binance | Coinbase Futures | ||
|---|---|---|---|
Perpetuals Volume (24H) | $44.89B | $4.93B | |
Crypto Options Volume (24H) | $544.35M | $0 | |
Open Interest (24H) | $19.19B | $216.49M |
Fees & Costs
Binance | Coinbase Futures | ||
|---|---|---|---|
Taker Fees | 0.05 % | 0.6 % | |
Maker Fees | 0.02 % | 0.4 % |
Live Funding Rates

BTC Funding Rate
USDT Settlement
Binance
0.0024%
Coinbase Futures
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ETH Funding Rate
USDT Settlement
Binance
-0.0011%
Coinbase Futures
undefined%

SOL/USDT
USDT Settlement
Binance
0.0008%
Coinbase Futures
undefined%

BNB/USDT
USDT Settlement
Binance
-0.0003%
Coinbase Futures
undefined%
Trading Features
Binance | Coinbase Futures | ||
|---|---|---|---|
Perpetual Contract Types | USDT and USDC | USDC only | |
Available Leverage | 125x | 20x | |
Spot Assets | 400 | 285 |
Regulation & Trust
Binance | Coinbase Futures | ||
|---|---|---|---|
Regulation | FinCEN (USA), FINMA (Switzerland), FCA (UK), ADGM (Abu Dhabi), AMF (France), and 17 more | Tier-1 Regulators including FCA (UK), BaFin (Germany), BitLicense (New York), MAS (Singapore), AUSTRAC (Australia), and VASP (Multiple EU countries) | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 160 | 100 | |
Total Users | 265 Million | 120 Million | |
Headquarters | Dubai, United Arab Emirates | San Francisco, United States |
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