MEXC vs Deribit
MEXC traded 4.7× Deribit's 24-hour volume ($11.52B vs $2.45B) and holds 11× its open interest.
Head to head
the arrow points to the better figure| MEXC | Deribit | |
|---|---|---|
| Trading | ||
| $4.31 | ◀BTC trade, $10k | $7.06 |
| $469 | ◀BTC trade, $1M | $1,108 |
| $53.6M | ◀BTC book depth | $45.8M |
| 0.020%/0.000% | ◀Taker / maker | 0.035%/0.015% |
| 1000x | ◀Max leverage | 50x |
| Size | ||
| $11.52B | ◀Volume 24h | $2.45B |
| $10.47B | ◀Volume, 7-day average | $1.44B |
| $14.58B | ◀Open interest | $1.38B |
| — | TVL | — |
| Markets | ||
| 1219 | ◀Markets | 134 |
| 93 | ◀Stocks & RWA | 34 |
| 1h or 4h or 8h or 24h | Funding paid every | 1h |
| +0.0041% | BTC funding /8h | 0.0000% |
| +0.447% | BTC longs paid, 30d | +0.314% |
| Access | ||
| Required | KYC | Required |
| $MX | Token | none yet |
| — | Airdrop | — |
Cost to trade SOL
| Size | MEXC | Deribit |
|---|---|---|
| $1k | $0.494.9 bp | $0.797.9 bp |
| $10k | $4.854.9 bp | $8.018.0 bp |
| $100k | $48.504.9 bp | $93.779.4 bp |
| $1M | $7497.5 bp | $1,66316.6 bp |
| $5M | $5,30610.6 bp | — |
BTC funding per day
pair pageSize
daily, since Sep 18Volume by asset class
last 90 daysOn both: 102
funding /8h · Net 7d at $10k| Asset | MEXC | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0041% | 0.0000% | +0.0041% | −$7 |
| ETH | +0.0046% | 0.0000% | +0.0046% | −$4 |
| SOL | +0.0089% | +0.0008% | +0.0081% | −$15 |
| HYPE | +0.0052% | +0.0038% | +0.0014% | −$97 |
| XRP | +0.0100% | +0.0085% | +0.0015% | −$26 |
| PAXG | +0.0100% | 0.0000% | +0.0100% | −$11 |
| ZEC | +0.0100% | +0.0577% | +0.0477% | +$6 |
| AVAX | +0.0058% | 0.0000% | +0.0058% | −$31 |
| NEAR | +0.0054% | 0.0000% | +0.0054% | −$36 |
| LINK | +0.0015% | −0.0275% | +0.0290% | −$58 |
| DOGE | +0.0100% | 0.0000% | +0.0100% | −$27 |
| BNB | 0.0000% | +0.0400% | +0.0400% | $0 |
| UNI | +0.0056% | +0.0016% | +0.0040% | −$20 |
| SUI | +0.0100% | +0.0436% | +0.0336% | −$34 |
| LTC | −0.0081% | +0.0248% | +0.0329% | −$31 |
| ADA | +0.0100% | 0.0000% | +0.0100% | −$1 |
| AAVE | +0.0029% | −0.0044% | +0.0073% | −$2 |
| TRX | −0.0328% | 0.0000% | +0.0328% | +$63 |
| ENA | +0.0100% | 0.0000% | +0.0100% | $0 |
| HBAR | +0.0100% | +0.0724% | +0.0624% | −$6 |
Only on MEXC: 993
XAUT · SNDKSTOCK · UKOIL · SPX500 · USOIL · SPCXSTOCK · SKHYNIXSTOCK · PUMPFUN · QNT · CRCLSTOCK · RBLXSTOCK · MUSTOCK · XPT · GBP · CAD · TRUMPOFFICIAL · NAS100 · KAS · QNTSTOCK · BTW · MSTRSTOCK · USDC · GRAM · MSFTSTOCK · COPPER · ZRO · AXS · XMR · CHF · FILECOIN · VET · TRB · CAKE · SAND · MYX · GOOGLSTOCK · XPD · JPY · WDCSTOCK · AMDSTOCK · COINBASE · STX · ATH · A · ROSE · AAPLSTOCK · ONE · AKE · KORU · FF · SKHYSTOCK · SIGN · LSK · ORCLSTOCK · US30 · SUN · PI · TRUTH · LUNC · INFQSTOCK · and 933 more
Questions
Is MEXC or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $4.31 on MEXC and $7.06 on Deribit right now, taker fee and order-book slippage together, so MEXC is cheaper. Taker fees: 0.02% and 0.035%.
Which has more markets, MEXC or Deribit?
MEXC lists 1219 active markets and Deribit 134; 102 assets trade on both, 10 of them stocks, commodities or other real-world assets.
Does MEXC or Deribit require KYC?
MEXC: KYC before trading since Feb 2026; unverified accounts see market data only. Deribit: ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Can you arbitrage funding between MEXC and Deribit?
Yes: 19 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 XLM, long on MEXC and short on Deribit, with $102 left after costs.
Which is bigger, MEXC or Deribit?
24-hour volume: MEXC $11.52B, Deribit $2.45B. Open interest as each reports it: $14.58B and $1.38B.
More comparisons
allMEXC or Deribit: which to use
MEXC vs Deribit is two centralized exchanges with the same build and different terms. MEXC charges 1 bp maker and 4 bp taker, lists 1202 perp markets and offers up to 1000x. Deribit charges 1.5 bp maker and 3.5 bp taker, lists 134 markets and offers up to 50x. Deribit pays funding every hour on every market, while MEXC's interval is 1, 4, 8 or 24 hours depending on the market. Fees, market count, maximum leverage and funding interval decide it for most traders.
How each exchange is built
MEXC is a centralized exchange (CEX): you open an account with the company, and the account holds your funds. Deribit is built the same way. Both match orders on a central limit order book, so you trade against resting orders from other participants.
Fees and what they mean
We read the base-tier fees from each exchange's API, and neither has a fee page to link. MEXC charges 1 bp (0.01%) maker and 4 bp (0.04%) taker. Deribit charges 1.5 bp (0.015%) maker and 3.5 bp (0.035%) taker.
A market order pays the taker fee on entry and again on exit. That is 8 bp per round trip on MEXC and 7 bp on Deribit. A limit order that rests on the book pays the maker fee instead, 1 bp on MEXC and 1.5 bp on Deribit. If you mostly post limit orders, MEXC's maker rate is lower. If you mostly cross the spread, Deribit's taker rate is lower.
The fee is only part of a trade's cost. Slippage is the price you move by eating through the order book, and it grows with size. The cost table above adds both at each size from $1k to $5M. Trading cost on every exchange is compared on one page.
Markets and leverage
As of 1 October 2026 MEXC lists 1202 active perpetual markets, 93 of them stocks, commodities, FX or other real-world assets. Deribit lists 134, of which 34 are real-world assets. MEXC has more markets in total and more real-world asset markets in absolute terms. Deribit has the larger share of real-world assets in its book.
MEXC offers up to 1000x on its highest-leverage market, and Deribit up to 50x. Most markets on both allow less, so check the cap on the market you plan to trade.
Funding is the periodic payment between longs and shorts, and a positive rate means longs pay shorts. Deribit pays it every hour on every market, so a position settles 24 times a day. MEXC pays every 1, 4, 8 or 24 hours depending on the market. A 24-hour market settles once a day and a 4-hour market six times. Check the interval before you hold a position over several settlements. The list further down this page shows the markets both exchanges have, with each one's funding rate.
Who can use them
MEXC requires KYC before trading, a rule in place since February 2026. An unverified account sees market data only.
Deribit requires KYC before any deposit: ID, proof of address and a financial profile. It is closed to the US, Canada, Japan and retail UK clients.
Token
MEXC's token is $MX.
Reading the numbers on this page
Both exchanges publish open interest as one side of open positions. The open interest row and chart above are therefore a like-for-like comparison of size, with no doubling on either side.
Neither exchange publishes TVL, as is usual for a centralized exchange. The TVL row and chart have nothing to compare for this pair. Volume, depth and funding are read live from each exchange, so use the Head to head table above for today's figures. For BTC specifically, the BTC page lists every exchange that carries it.
Which one fits you
- Pick MEXC if you trade with limit orders: its maker rate is 1 bp against Deribit's 1.5 bp.
- Pick MEXC if you want the widest list of markets: 1202 perps as of 1 October 2026.
- Pick MEXC if you want more real-world asset perps: 93 stocks, commodities, FX and other markets against 34.
- Pick MEXC if you need leverage above 50x: it goes up to 1000x on its highest-leverage market.
- Pick Deribit if you trade mostly with market orders: its taker rate is 3.5 bp against 4 bp, or 7 bp against 8 bp per round trip.
- Pick Deribit if you want hourly funding on every market, so the interval never changes between markets.