- 24H Open Interest--------------------------------
- 24h Liquidation--------------------------------
- 24h long/short Ratio--.--% / --.--%
- Fear & Greed Index---
- Bitcoin Price----- ------------
- Ethereum Price----- ------------
- Solana Price----- ------------
- XRP Price----- ------------
- 24H Open Interest--------------------------------
- 24h Liquidation--------------------------------
- 24h long/short Ratio--.--% / --.--%
- Fear & Greed Index---
- Bitcoin Price----- ------------
- Ethereum Price----- ------------
- Solana Price----- ------------
- XRP Price----- ------------
Top perpetual crypto Exchanges (Ranked)
Explore the top-ranked cryptocurrency perpetuals and derivatives exchanges, compared by trading volume, open interest, trading fees and key metrics to guide your trading decisions.
Ranking | Exhange | Rating | Volume (24h) | Open Interest | Liquidations (24h) | Maker Fees | Taker Fees | Exchange Type | Action | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade | |||
-- | -- | --- | --- | ---- | ---- | ---- | --- | Trade |
Compare Popular Derivatives Exchanges
See head-to-head comparisons of trading volume, funding rates, liquidity, regulatory compliance, fees, and more across popular crypto derivatives exchanges.
What are Perpetual Crypto Exchanges?
Perpetual crypto exchanges are trading platforms offering perpetual futures contracts, crypto derivatives without expiry dates. Unlike standard futures, these contracts stay open indefinitely, allowing continuous leveraged speculation. Exchanges such as Bybit and Binance use a funding rate mechanism, regular payments between longs and shorts, to maintain alignment with underlying spot prices.
Traders typically access leverage of up to 100x, significantly amplifying both potential gains and risks. Costs include small transaction fees (around 0.05%) and periodic funding payments, usually every eight hours. Contracts often settle in stablecoins like USDT for straightforward risk management, while others settle directly in cryptocurrencies, catering to holders seeking asset exposure.
Who Invented Perpetual Contracts?
Perpetual contracts were first introduced by BitMEX in 2016 through their XBTUSD perpetual swap, designed by co-founder Arthur Hayes and his team. The original concept traces back to economist Robert Shiller, who proposed a similar financial instrument in 1993.