Lower Fees
0.6
%
Taker Fee ·
Coinbase Futures
Higher Volume
$20.89B
Taker Fee ·
OKX
More Leverage
100x
Taker Fee ·
OKX
Higher Rating
8.75
/10
Taker Fee ·
OKX
Rating
About
OKX, founded in 2017 by Star Xu, is the third-largest crypto perpetuals exchange globally by liquidity and trading volume.
Based in Seychelles, OKX serves users in 180 countries with 300+ assets across spot, derivatives, DeFi, and Web3 products.
Licensed by top regulators including MAS (Singapore) and ESMA (Europe), OKX secures funds via cold storage and 2FA, with transparent Proof of Reserves using zk-STARK cryptography.
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
OKX | Coinbase Futures | ||
|---|---|---|---|
Perpetuals Volume (24H) | $20.89B | $4.97B | |
Crypto Options Volume (24H) | $812.66M | $0 | |
Open Interest (24H) | $6.22B | $215.48M |
Fees & Costs
OKX | Coinbase Futures | ||
|---|---|---|---|
Taker Fees | 0.02 % | 0.6 % | |
Maker Fees | 0.05 % | 0.4 % |
Live Funding Rates

BTC Funding Rate
USDT Settlement
OKX
0.0025%
Coinbase Futures
undefined%

ETH Funding Rate
USDT Settlement
OKX
0.0046%
Coinbase Futures
undefined%

SOL/USDT
USDT Settlement
OKX
0.0079%
Coinbase Futures
undefined%

BNB/USDT
USDT Settlement
OKX
0.0067%
Coinbase Futures
undefined%
Trading Features
OKX | Coinbase Futures | ||
|---|---|---|---|
Perpetual Contract Types | USDT and USDC | USDC only | |
Available Leverage | 100x | 20x | |
Spot Assets | 311 | 285 |
Regulation & Trust
OKX | Coinbase Futures | ||
|---|---|---|---|
Regulation | Tier-1 Regulators including MiFID II (Europe), MAS (Singapore), AUSTRAC (Australia), SFC (Hong Kong), VARA (UAE), and 4 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 | 100 | 100 | |
Total Users | 60 Million | 120 Million | |
Headquarters | Dubai, United Arab Emirates | San Francisco, United States |
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