Lower Fees
0.05
%
Taker Fee ·
Kraken
Higher Volume
$21.08B
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.
Kraken, founded in 2011 by Jesse Powell, is a top choice for US-based perpetuals traders, offering unmatched regulatory compliance.
Headquartered in San Francisco, Kraken serves 10M+ users globally, providing spot, margin (up to 5x), futures trading, staking, and institutional-grade services.
Licensed by major regulators including the US MSB and UK's FCA, Kraken secures funds through audited Proof of Reserves, SOC 2 certification, and ISO 27001 standards.
Volume & Liquidity
OKX | Kraken | ||
|---|---|---|---|
Perpetuals Volume (24H) | $21.08B | $460.52M | |
Crypto Options Volume (24H) | $812.64M | $0 | |
Open Interest (24H) | $6.23B | $241.20M |
Fees & Costs
OKX | Kraken | ||
|---|---|---|---|
Taker Fees | 0.02 % | 0.05 % | |
Maker Fees | 0.05 % | 0.02 % |
Live Funding Rates

BTC Funding Rate
USDT Settlement
OKX
0.0031%
Kraken
-0.0003%

ETH Funding Rate
USDT Settlement
OKX
0.0043%
Kraken
-0.0007%

SOL/USDT
USDT Settlement
OKX
0.0088%
Kraken
-0.0011%

BNB/USDT
USDT Settlement
OKX
0.0054%
Kraken
0.0001%
Trading Features
OKX | Kraken | ||
|---|---|---|---|
Perpetual Contract Types | USDT and USDC | USDC and USDT | |
Available Leverage | 100x | 50x | |
Spot Assets | 311 | 369 |
Regulation & Trust
OKX | Kraken | ||
|---|---|---|---|
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), CySEC (Cyprus), DASP (France), MSB (USA & Canada), AUSTRAC (Australia), and 8 more | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 100 | 150+ | |
Total Users | 60 Million | 15 Million | |
Headquarters | Dubai, United Arab Emirates | United Arab Emirates |
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