OKX vs Coinbase International

OKX vs Coinbase International: which to use

OKX vs Coinbase International is a choice between two centralized exchanges that both require KYC. OKX charges 2 bp maker and 5 bp taker, lists 480 perp markets and goes up to 100x. Coinbase International charges 2 bp maker and 4 bp taker, lists 131 markets and goes up to 50x. Its perps are for eligible non-US countries only, not for US or UK retail. Pick OKX for breadth, real-world assets and leverage. Pick Coinbase International for the lower taker fee and hourly funding on every market.

How each exchange is built

OKX and Coinbase International are both centralized exchanges (CEX). You open an account with the company, and the account holds your funds. Both match orders on a central limit order book. The differences between them come from fees, markets, leverage and access.

Fees and what they mean

OKX's base tier is 2 bp maker and 5 bp taker, per OKX's perpetual futures guide. Coinbase International's base tier is 2 bp maker and 4 bp taker, per Coinbase International's fee page.

The maker rate is the same on both. A limit order that rests on the book pays 2 bp on either exchange. A market order pays the taker fee to open and again to close: 10 bp per round trip on OKX and 8 bp on Coinbase International.

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 and leverage

As of 1 October 2026 OKX lists 480 active perp markets, 191 of them stocks, commodities, FX or other real-world assets. Coinbase International lists 131, 34 of them real-world assets. If you trade stocks or commodities perps, OKX gives you more of them on one exchange.

OKX offers up to 100x on its highest-leverage market and Coinbase International up to 50x. Most markets on both allow less.

Funding differs by interval. Coinbase International pays every 1 hour on every market. OKX pays every 4 hours or every 8 hours depending on the market, so check a market's interval before you hold it. An hourly market settles 24 times a day, an 8-hour market three times. The list further down this page shows the markets both exchanges have and each one's funding rate.

Who can use them

OKX requires advanced verification before you trade, deposit or withdraw. Coinbase International requires ID and a suitability check, and its perps are for eligible non-US countries, not for US or UK retail. Check which rule applies to your country before you plan around either one.

Token

OKX's token is $OKB.

Reading the numbers on this page

Both exchanges publish open interest as one side of open positions, so the open interest row and chart above compare like with like. Neither publishes TVL, as is usual for centralized exchanges, so the TVL row and chart have no figure for either.

Volume, funding and cost figures are live and change every minute. Read them in the Head to head table and the charts above, and use the funding arbitrage ranking if you want to see the spread between exchanges by asset.

Which one fits you

• Pick OKX if you want more markets: 480 against 131.
• Pick OKX if you trade stocks, commodities or FX perps: 191 real-world asset markets against 34.
• Pick OKX if you need more than 50x: it goes up to 100x.
• Pick Coinbase International if you trade with market orders: 4 bp taker against 5 bp, or 8 bp against 10 bp per round trip.
• Pick Coinbase International if you want funding paid every hour on every market, instead of every 4 or 8 hours.