Bullet vs Gate
Gate traded 1436× Bullet's 24-hour volume ($21.25B vs $14.8M) and holds 2960× its open interest.
Head to head
the arrow points to the better figure| Bullet | Gate | |
|---|---|---|
| Trading | ||
| $3.69 | ◀BTC trade, $10k | $15.01 |
| $21,991 | BTC trade, $1M▶ | $1,788 |
| $1.6M | BTC book depth▶ | $9.1M |
| 0.000%/0.000% | ◀Taker / maker | 0.075%/-0.010% |
| 20x | Max leverage▶ | 200x |
| Size | ||
| $14.8M | Volume 24h▶ | $21.25B |
| $28.0M | Volume, 7-day average▶ | $14.37B |
| $4.2M | Open interest▶ | $12.40B |
| — | TVL | — |
| Markets | ||
| 30 | Markets▶ | 1080 |
| 14 | Stocks & RWA▶ | 466 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.392% | BTC longs paid, 30d | +0.467% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $GT |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Bullet | Gate |
|---|---|---|
| $1k | $0.222.2 bp | $1.5015.0 bp |
| $10k | $3.693.7 bp | $15.0115.0 bp |
| $100k | $12312.3 bp | $15415.4 bp |
| $1M | $21,991219.9 bp | $1,78817.9 bp |
| $5M | — | $13,56527.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 29
funding /8h · Net 7d at $10k| Asset | Bullet | Gate | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$17 |
| SOL | −0.0153% | −0.0167% | +0.0014% | −$19 |
| ETH | +0.0056% | +0.0035% | +0.0021% | −$20 |
| LIT | −0.0873% | +0.0100% | +0.0973% | −$59 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$25 |
| RAY | +0.0100% | +0.0100% | 0.0000% | −$109 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$30 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$34 |
| XRP | +0.0100% | −0.0047% | +0.0147% | −$23 |
| UNI | +0.0100% | +0.0100% | 0.0000% | — |
| DOGE | +0.0100% | −0.0054% | +0.0154% | −$19 |
| PUMP | +0.0070% | −0.0506% | +0.0576% | — |
| ONDO | −0.0084% | −0.0500% | — | — |
| TAO | +0.0099% | −0.0540% | — | — |
| TIA | −0.0445% | −0.0098% | — | — |
| ENA | +0.0100% | −0.0164% | +0.0264% | — |
Only on Bullet: 1
Only on Gate: 1041
SOXL · XAUT · BNB · GOOGL · SUI · LINK · TRX · CRCL · LTC · PEPE · ADA · AAVE · TRUMP · BCH · AVAX · WLD · QQQ · XLM · ASTER · XMR · FARTCOIN · MSTR · DOT · PAXG · INJ · FIL · ARB · INTC · BTW · WLFI · ZRO · VVV · FF · SKHY · PONS · SOXS · HBAR · GRAM · USELESS · OPENAI · ETC · XPL · PENGU · KORU · APT · VIRTUAL · CRV · CASHCAT · AKE · LDO · ICP · ETHFI · POL · MUBARAK · KAS · OP · ATOM · PIEVERSE · SAMSUNG · LITE · and 981 more
Questions
Is Bullet or Gate cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $3.69 on Bullet and $15.01 on Gate right now, taker fee and order-book slippage together, so Bullet is cheaper. Taker fees: 0% and 0.075%.
Which has more markets, Bullet or Gate?
Bullet lists 30 active markets and Gate 1080; 29 assets trade on both, 13 of them stocks, commodities or other real-world assets.
Does Bullet or Gate require KYC?
Bullet: No ID (the terms keep a right to ask); not for US or Singapore residents or sanctioned countries. Gate: KYC before the futures account opens; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Bullet and Gate?
Yes: 5 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was SPCX, long on Gate and short on Bullet, with $107 left after costs.
Which is bigger, Bullet or Gate?
24-hour volume: Bullet $14.8M, Gate $21.25B. Open interest as each reports it: $4.2M and $12.40B.