Bybit
OKX
Bitget
KuCoin
Binance
Deribit
Phemex
MEXC
BingXRanked by need
The cheapest exchange depends on the orders you place.
The main board weighs futures taker, futures maker and spot fees together. That suits nobody exactly: a trader who rests limit orders and one who hits the market are not paying the same fee. Each ranking below re-weights the same published fees for one way of trading and prints the weights it used.
Taker fee first, maker fee second. For traders who mostly use market orders.
Options fee first, then the cost of the futures hedge.
Maker fee first, then taker and spot. For traders who rest orders.
Same fees, three different questions
A ranking is not a new measurement. It is the same published fees, read through the weights that match one way of trading.
Where each ranking lands
One row per ranking, with the venue that currently leads it and the gap to the runner-up. The same venue can lead one ranking and sit mid-table on another.
| Ranking | Current leader | Score | Runner-up | Gap | Main board rank of the leader |
|---|---|---|---|---|---|
| Futures | MEXC | 8.0 | Deribit | 0.1 | #1 of 9 |
| Options | Deribit | 7.4 | OKX | 0.2 | #2 of 9 |
| Low fees | MEXC | 8.2 | Deribit | 0.4 | #1 of 9 |
Where two venues are level, the table says so rather than inventing a winner.
Start from the fee schedule, not the ranking
Every ranking here is derived from the fee schedules recorded in the reviews, each with its source and the date it was read.