Gate.io vs Kraken Futures Comparison

Fees, liquidity, funding and safety side by side Updated

Live · updated
Trade on Gate.io Trade on Kraken
24h perp volume · #3 vs #14 of 21 $11.59Bvs$696.9M Open interest · #3 vs #16 of 20 $12.77Bvs$500.8M Liquidations (24h) $18.5Mvs– Perpetual markets 177vs106 99 shared Taker fee 0.05%vs0.05% Max leverage 125xvs50x

Gate.io or Kraken: the short answer

Gate.io8 of 10Best for deeper BTC books, more volume and cheaper long fundingKraken1 of 10Best for more licences

Where each coin trades more

The 12 biggest coins listed on both · share of their combined 24h volume

Coin Gate.io Share of 24h volume50% Kraken
ETH$4.55B98%2%$100.8M
BTC$3.90B92%8%$354.7M
XAU$449.7M99%1%$4.1M
SOL$390.0M89%11%$47.9M
ZEC$171.3M79%21%$45.5M
XAG$212.2M98%2%$3.5M
SNDK$179.2M100%0%$488K
SOXL$160.2M100%0%$209K
XRP$133.0M93%7%$10.4M
DOGE$121.6M96%4%$5.3M
HYPE$34.1M50%50%$34.7M
BNB$65.1M99%1%$986K
Gate.io leads on 11, Kraken on 1 · 94% of these coins' volume is on Gate.ioHover a row for details

BTC funding on Gate.io vs Kraken

Last 90 days · 8h equivalent · against the median of every tracked venue

Gate.io 90d average+0.0034%
Kraken 90d average+0.0067%
$10K long, 90 days$93 vs $181
Days Gate.io cheaper59 of 90

The same market on each venue

One perpetual, both order books · Gate.io has the deeper book

BTC/USDT Gate.io Share or difference50% Kraken
Price$80,9780.093% apart$80,903
24h volume$3.81B92%8%$325.0M
Open interest$4.56B96%4%$205.7M
Depth ±1%$45.6M96%4%$2.1M
Funding (8h)+0.0100%Longs pay less on Gate.io+0.0114%
Long / short1.05Longs lead on Gate.io · Shorts lead on Kraken0.97
Liquidations 24h$6.3M100%0%$0

Funding is an 8-hour equivalent; the lower rate is cheaper for longs. Depth is order book liquidity within 1% of the price.

Gate.io vs Kraken head to head

Fees, leverage and licences from each venue's published terms · volume and funding live · the better figure is ticked

Feature Gate.ioTrade KrakenTrade
Fees
Maker fee 0.02% 0.02%
Taker fee 0.05% 0.05%
Taker fee with referral code 0.0425% 0.0425%
Referral code CPDISCNT15% fee rebate · Up to 10,000 USDC welcome bonus h2p3c4sb15% fee rebate · $20 in BTC welcome bonus
Markets and liquidity · live
Perpetuals volume (24h)$11.59B$696.9M
Open interest$12.77B$500.8M
Liquidations (24h)$18.5M–
Options volume (24h)No optionsNo options
Perpetual markets177106
Funding now · 8h equivalent
BTC funding rate+0.0086%-0.0066%
ETH funding rate+0.0084%-0.0015%
SOL funding rate+0.0100%-0.0221%
XRP funding rate+0.0100%+0.0034%
Trading
Maximum leverage 125x 50x
Contract types USDT only USDC and USDT
Spot assets 3,800 369
Platform type Centralized Centralized
Trust and access
Licences and registrations 8AUSTRAC (Australia), TCSP (Hong Kong), DLT Provider (Gibraltar), VFA (Malta), SCB (Bahamas), and 3 more 14Tier-1 Regulators including FCA (UK), BaFin (Germany), CySEC (Cyprus), DASP (France), MSB (USA & Canada), AUSTRAC (Australia), and 8 more
Proof of reserves Yes Check Yes Check
Countries served 165 150+
Users 21 Million 15 Million
Headquarters George Town, Cayman Islands United Arab Emirates
Coinperps score
Overall 8.8/10 8/10
Depth & liquidity 9 7
Trading fees 9 8.5
Assets & features 9 8
Regulation 8 9

Gate.io or Kraken: which should you choose?

Choose Gate.io if

  • You place large ordersBTC depth ±1%: $45.6M vs $2.1M
  • You want the busiest books24h volume: $11.59B vs $696.9M
  • You hold longs for days or weeksBTC funding, 90d avg: +0.0034% vs +0.0067%
  • You trade altcoinsPerpetual markets: 177 vs 106
  • You also buy and hold spotSpot assets: 3,800 vs 369
  • You use high leverageMax leverage: 125x vs 50x
  • You want deep positioning to trade againstOpen interest: $12.77B vs $500.8M
  • You want the higher-rated venue overallCoinperps score: 8.8 vs 8
Gate.io review Trade on Gate.io

Choose Kraken if

  • Regulation matters to youLicences: 14 vs 8
Kraken review Trade on Kraken

Level on taker fee (0.05%).

Gate.io vs Kraken right now

Gate.io traded $11.59B in perpetual futures over the last 24 hours, 17× Kraken's $696.9M. Gate.io also holds more open interest, $12.77B against $500.8M. On BTC, Gate.io's order book holds $45.6M within 1% of the price against $2.1M on Kraken, so large orders move the price less there. Over the last 90 days BTC funding averaged +0.0034% per 8 hours on Gate.io and +0.0067% on Kraken: a $10,000 long held throughout paid about $93 on Gate.io and $181 on Kraken. The two list 99 of the same coins; 78 trade only on Gate.io and 3 only on Kraken.

Comparison by Coinperps Research · updated 13 Oct 2026

Gate.io vs Kraken FAQ

Live answers use both venues' perpetual markets · updated

Is Gate.io or Kraken better for futures trading?

Gate.io scores higher, 8.8 against 8 out of 10. Gate.io leads on depth and liquidity (9 vs 7) and trading fees (9 vs 8.5) and assets and features (9 vs 8). Kraken leads on regulation (9 vs 8). The live panels on this page show which one has more volume, deeper books and cheaper funding right now. How we score exchanges.

Which has lower fees, Gate.io or Kraken?

Gate.io charges 0.02% maker and 0.05% taker on perpetual futures at the base tier; Kraken charges 0.02% and 0.05%. Opening and closing a $10,000 position with market orders costs about $10.00 on Gate.io and $10.00 on Kraken. The Gate.io referral code CPDISCNT adds a 15% fee rebate, which brings its taker fee to 0.0425%. The Kraken referral code h2p3c4sb adds a 15% fee rebate, which brings its taker fee to 0.0425%. Both cut fees at higher VIP tiers. Funding payments are separate and go between traders.

Which has more trading volume, Gate.io or Kraken?

Gate.io has more perpetual futures volume: $11.59B in the last 24 hours against $696.9M on Kraken, 17× as much. Open interest is $12.77B on Gate.io and $500.8M on Kraken. Compare open interest across exchanges.

Does Gate.io or Kraken offer higher leverage?

Gate.io offers more, up to 125x against 50x on Kraken. Smaller markets have lower caps on both, and the limit falls as position size grows. At 125x a move of about 0.8% against you is enough to liquidate a position.

Is Gate.io or Kraken safer?

Gate.io lists 8 licences and registrations, including AUSTRAC (Australia), TCSP (Hong Kong), DLT Provider (Gibraltar). Kraken lists 14, including Tier-1 Regulators including FCA (UK), BaFin (Germany), CySEC (Cyprus). Both publish proof of reserves, so users can check that customer assets are backed. Rules differ by country, so check that the exchange serves yours before you sign up.

Which has lower funding rates, Gate.io or Kraken?

Over the last 90 days BTC funding averaged +0.0034% per 8 hours on Gate.io and +0.0067% on Kraken, so longs paid less on Gate.io. Gate.io was cheaper on 59 of 90 days. Funding goes between traders, and when it is negative shorts pay longs instead. Live funding rates on every exchange.

Which lists more perpetual futures, Gate.io or Kraken?

Gate.io lists more: 177 live perpetual markets against 106. 99 coins trade on both; CL, SKHYNIX, EVAA and 75 more only on Gate.io; NATGAS, BRENTOIL, EUR only on Kraken.

Which has better liquidity, Gate.io or Kraken?

Gate.io has the deeper BTC order book: $45.6M of bids and asks within 1% of the price against $2.1M on Kraken. Deeper books mean less slippage on large market orders. Gate.io also trades 17× the 24h volume.

Are there Gate.io and Kraken referral codes?

Gate.io: use CPDISCNT for a 15% fee rebate · up to 10,000 usdc welcome bonus (offer and terms). Kraken: use h2p3c4sb for a 15% fee rebate · $20 in btc welcome bonus (offer and terms).

Where are Gate.io and Kraken based?

Gate.io is headquartered in George Town, Cayman Islands and reports 21 million users. Kraken is headquartered in United Arab Emirates and reports 15 million users.

Compare Gate.io with other exchanges

Gate.io vs BinanceGate.io vs BitgetGate.io vs BybitGate.io vs BingXGate.io vs Coinbase FuturesGate.io vs MEXCGate.io vs HyperliquidGate.io vs OKX

Compare Kraken with other exchanges

Kraken vs BinanceKraken vs BingXKraken vs BitgetKraken vs BybitKraken vs HyperliquidKraken vs Coinbase FuturesKraken vs MEXCKraken vs OKX

Live data from both venues' perpetual markets, refreshed every few minutes. Fees are base tier and change with VIP level. Ratings are Coinperps' own. Not financial advice. All 45 comparisons · Methodology