edgeX vs BloFin

edgeX or BloFin: which to use

edgeX vs BloFin is a decentralized exchange against a centralized one. On edgeX you trade from your own wallet without ID, at 4 bp maker and 4.5 bp taker and up to 100x. BloFin holds your funds in an account, charges 2 bp maker and 6 bp taker, and allows up to 150x. As of 1 October 2026, BloFin lists 495 perp markets against edgeX's 179. Custody, the maker or taker mix of your orders, and whether you need more than 100x decide it for most traders.

How each exchange is built

edgeX is a decentralized exchange (DEX) that runs on edgeX L2. You trade from a self-custody wallet, with a wallet or MPC login. It matches orders on a central limit order book.

BloFin is a centralized exchange (CEX): you open an account with the company, and the account holds your funds. It also matches orders on a central limit order book.

For the trader, the difference is custody. On edgeX the funds sit behind your wallet. On BloFin they sit in an account, and you move them in and out through deposits and withdrawals.

Fees and what they mean

edgeX's base tier is 4 bp maker and 4.5 bp taker, per edgeX's fee page. BloFin's base tier is 2 bp maker and 6 bp taker, per BloFin's fee page.

A market order pays the taker fee to open and again to close. That is 9 bp per round trip on edgeX and 12 bp on BloFin. A limit order that rests on the book pays the maker fee instead: 4 bp on edgeX and 2 bp on BloFin. If you mostly cross the spread, edgeX's fee is lower. If you mostly rest orders, BloFin's is.

Fees are only part of a trade's cost. Slippage, the price you move by eating through the order book, grows with size. The cost table above adds both at each size from $1k to $5M, and every exchange's trading cost is compared on one page.

Markets, leverage and funding

As of 1 October 2026 edgeX lists 179 active perps, 107 of them stocks, commodities, FX or other real-world assets. BloFin lists 495, 115 of them real-world assets.

BloFin allows up to 150x and edgeX up to 100x on their highest-leverage markets. Most markets on both allow less, so check the market you plan to trade.

edgeX pays funding every 4 hours on every market. BloFin pays every 1 hour, 4 hours or 8 hours depending on the market. An hourly market settles 24 times a day, a 4-hour market six times and an 8-hour market three times. The list further down this page shows the markets both exchanges have and each one's funding rate. For rates across every exchange, see the funding matrix.

Who can use them

edgeX asks for no ID: a wallet or MPC login works. It is closed to US and Ontario residents and to sanctioned countries, and it forbids VPNs.

BloFin is limited without ID. Trading starts without ID, inside limits that verification lifts. You can trade futures without ID and with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.

Vaults, token and points

arb.sh tracks no vault run by edgeX, so there is no exchange vault to compare. edgeX's token is $EDGE, and as of 19 September 2026 its points and airdrop program was Active. Current programs across exchanges are listed on the airdrops page.

Reading the numbers on this page

Both exchanges publish open interest as one side of open positions, so the open interest row and chart compare like for like. Neither figure counts longs and shorts twice.

BloFin publishes no TVL, as is usual for a centralized exchange. The TVL row and chart therefore show edgeX alone, as DefiLlama's figure for the deposits its bridge holds. Read the volume and open interest charts for size, and treat the TVL chart as an edgeX-only series.

Which one fits you

• Pick edgeX if you want to keep funds in your own wallet and trade with a wallet or MPC login.
• Pick edgeX if you trade mostly with market orders: 4.5 bp taker against 6 bp, or 9 bp against 12 bp per round trip.
• Pick edgeX if you want every market on one 4-hour funding schedule.
• Pick BloFin if you prefer an exchange account and accept withdrawals capped at 20,000 USDT a day until you verify.
• Pick BloFin if you place mostly resting limit orders: 2 bp maker against 4 bp.
• Pick BloFin if you need more than 100x, up to 150x on its highest-leverage markets, or want a larger market list of 495 perps.