Gate.io vs MEXC Futures Comparison

Fees, liquidity, funding and safety side by side Updated

Live · updated
Trade on Gate.io Trade on MEXC
24h perp volume · #3 vs #4 of 21 $11.59Bvs$11.08B Open interest · #3 vs #4 of 20 $12.77Bvs$12.16B Liquidations (24h) $18.5Mvs– Perpetual markets 177vs240 166 shared Taker fee 0.05%vs0.02% Max leverage 125xvs200x

Gate.io or MEXC: the short answer

Gate.io6 of 10Best for more volume, more licences and cheaper long fundingMEXC4 of 10Best for lower taker fees, deeper BTC books and more markets

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% MEXC
BTC$3.90B59%41%$2.66B
ETH$4.55B75%25%$1.51B
ZEC$171.3M10%90%$1.59B
SOL$390.0M39%61%$601.7M
XAU$449.7M47%53%$513.7M
SNDK$179.2M35%65%$339.4M
SKHYNIX$91.1M20%80%$354.7M
XRP$133.0M32%68%$282.7M
SOXL$160.2M41%59%$230.1M
KORU$13.2M6%94%$194.5M
MU$27.9M14%86%$176.0M
DOGE$121.6M61%39%$78.7M
Gate.io leads on 3, MEXC on 9 · 54% of these coins' volume is on Gate.ioHover a row for details

BTC funding on Gate.io vs MEXC

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

Gate.io 90d average+0.0034%
MEXC 90d average+0.0050%
$10K long, 90 days$93 vs $136
Days Gate.io cheaper68 of 90

The same market on each venue

One perpetual, both order books · MEXC has the deeper book

BTC/USDT Gate.io Share or difference50% MEXC
Price$80,9780.010% apart$80,986
24h volume$3.81B62%38%$2.31B
Open interest$4.56B50%50%$4.59B
Depth ±1%$45.6M50%50%$45.9M
Funding (8h)+0.0100%Longs pay less on MEXC+0.0050%
Long / short1.05Longs lead on Gate.io1.00
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 MEXC 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 MEXCTrade
Fees
Maker fee 0.02% 0%
Taker fee 0.05% 0.02%
Taker fee with referral code 0.0425% 0.017%
Referral code CPDISCNT15% fee rebate · Up to 10,000 USDC welcome bonus mexc-cpdiscount15% fee rebate · Up to 8,000 USDT welcome bonus
Markets and liquidity · live
Perpetuals volume (24h)$11.59B$11.08B
Open interest$12.77B$12.16B
Liquidations (24h)$18.5M–
Options volume (24h)No optionsNo options
Perpetual markets177240
Funding now · 8h equivalent
BTC funding rate+0.0086%+0.0100%
ETH funding rate+0.0084%+0.0100%
SOL funding rate+0.0100%+0.0100%
XRP funding rate+0.0100%+0.0100%
Trading
Maximum leverage 125x 200x
Contract types USDT only USDT only
Spot assets 3,800 2,900
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 1Unlicensed (Previous Licenses revoked in Seychelles & Estonia)
Proof of reserves Yes Check Yes Check
Countries served 165 170
Users 21 Million 30 Million
Headquarters George Town, Cayman Islands Seychelles
Coinperps score
Overall 8.8/10 7.3/10
Depth & liquidity 9 8
Trading fees 9 10
Assets & features 9 9
Regulation 8 1

Gate.io or MEXC: which should you choose?

Choose Gate.io if

  • You want the busiest books24h volume: $11.59B vs $11.08B
  • Regulation matters to youLicences: 8 vs 1
  • You hold longs for days or weeksBTC funding, 90d avg: +0.0034% vs +0.0050%
  • You also buy and hold spotSpot assets: 3,800 vs 2,900
  • You want deep positioning to trade againstOpen interest: $12.77B vs $12.16B
  • You want the higher-rated venue overallCoinperps score: 8.8 vs 7.3
Gate.io review Trade on Gate.io

Choose MEXC if

  • You trade often with market ordersTaker fee: 0.02% vs 0.05%
  • You place large ordersBTC depth ±1%: $45.9M vs $45.6M
  • You trade altcoinsPerpetual markets: 240 vs 177
  • You use high leverageMax leverage: 200x vs 125x
MEXC review Trade on MEXC

Gate.io vs MEXC right now

Gate.io traded $11.59B in perpetual futures over the last 24 hours, 1.0× MEXC's $11.08B. Gate.io also holds more open interest, $12.77B against $12.16B. On BTC, MEXC's order book holds $45.9M within 1% of the price against $45.6M on Gate.io, 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 +0.0050% on MEXC: a $10,000 long held throughout paid about $93 on Gate.io and $136 on MEXC. The two list 166 of the same coins; 11 trade only on Gate.io and 11 only on MEXC.

Comparison by Coinperps Research · updated 13 Oct 2026

Gate.io vs MEXC FAQ

Live answers use both venues' perpetual markets · updated

Is Gate.io or MEXC better for futures trading?

Gate.io scores higher, 8.8 against 7.3 out of 10. Gate.io leads on depth and liquidity (9 vs 8) and regulation (8 vs 1). MEXC leads on trading fees (10 vs 9). 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 MEXC?

Gate.io charges 0.02% maker and 0.05% taker on perpetual futures at the base tier; MEXC charges 0% and 0.02%. Opening and closing a $10,000 position with market orders costs about $10.00 on Gate.io and $4.00 on MEXC, so MEXC is cheaper for takers. The Gate.io referral code CPDISCNT adds a 15% fee rebate, which brings its taker fee to 0.0425%. The MEXC referral code mexc-cpdiscount adds a 15% fee rebate, which brings its taker fee to 0.017%. Both cut fees at higher VIP tiers. Funding payments are separate and go between traders.

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

Gate.io has more perpetual futures volume: $11.59B in the last 24 hours against $11.08B on MEXC, 1.0× as much. Open interest is $12.77B on Gate.io and $12.16B on MEXC. Compare open interest across exchanges.

Does Gate.io or MEXC offer higher leverage?

MEXC offers more, up to 200x against 125x on Gate.io. Smaller markets have lower caps on both, and the limit falls as position size grows. At 200x a move of about 0.5% against you is enough to liquidate a position.

Is Gate.io or MEXC safer?

Gate.io lists 8 licences and registrations, including AUSTRAC (Australia), TCSP (Hong Kong), DLT Provider (Gibraltar). MEXC lists 1, including Unlicensed (Previous Licenses revoked in Seychelles & Estonia). 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 MEXC?

Over the last 90 days BTC funding averaged +0.0034% per 8 hours on Gate.io and +0.0050% on MEXC, so longs paid less on Gate.io. Gate.io was cheaper on 68 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 MEXC?

MEXC lists more: 240 live perpetual markets against 177. 166 coins trade on both; XAG, CL, BZ and 8 more only on Gate.io; SILVER, USOIL, TESLA and 8 more only on MEXC.

Which has better liquidity, Gate.io or MEXC?

MEXC has the deeper BTC order book: $45.9M of bids and asks within 1% of the price against $45.6M on Gate.io. Deeper books mean less slippage on large market orders. Gate.io also trades 1.0× the 24h volume.

Are there Gate.io and MEXC referral codes?

Gate.io: use CPDISCNT for a 15% fee rebate · up to 10,000 usdc welcome bonus (offer and terms). MEXC: use mexc-cpdiscount for a 15% fee rebate · up to 8,000 usdt welcome bonus (offer and terms).

Where are Gate.io and MEXC based?

Gate.io is headquartered in George Town, Cayman Islands and reports 21 million users. MEXC is headquartered in Seychelles and reports 30 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 KrakenGate.io vs HyperliquidGate.io vs OKX

Compare MEXC with other exchanges

MEXC vs BinanceMEXC vs BingXMEXC vs BitgetMEXC vs BybitMEXC vs Coinbase FuturesMEXC vs HyperliquidMEXC vs KrakenMEXC 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