Head to head
the arrow points to the better figure| Perpl | Gate | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $15.01 |
| — | BTC trade, $1M | $1,788 |
| — | BTC book depth | $9.1M |
| 0.035%/0.005% | ◀Taker / maker | 0.075%/-0.010% |
| 15x | Max leverage▶ | 200x |
| Size | ||
| $20.3M | Volume 24h▶ | $21.25B |
| $18.9M | Volume, 7-day average▶ | $14.37B |
| $1.1Mone side | Open interest | $12.40Blongs + shorts |
| $3.2M | TVL | — |
| Markets | ||
| 11 | Markets▶ | 1080 |
| 0 | Stocks & RWA▶ | 466 |
| 43m | Funding paid every | 1h or 4h or 8h |
| +0.0223% | BTC funding /8h | +0.0100% |
| +0.728% | BTC longs paid, 30d | +0.467% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $GT |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Perpl | Gate |
|---|---|---|
| $1k | — | $1.5015.0 bp |
| $10k | — | $15.0115.0 bp |
| $100k | — | $15415.4 bp |
| $1M | — | $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: 11
funding /8h · Net 7d at $10k| Asset | Perpl | Gate | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0223% | +0.0100% | +0.0123% | — |
| ETH | −0.0447% | +0.0035% | +0.0482% | — |
| MON | 0.0000% | +0.0100% | +0.0100% | — |
| SOL | +0.0447% | −0.0167% | +0.0614% | — |
| ZEC | 0.0000% | +0.0100% | +0.0100% | — |
| HYPE | +0.0335% | +0.0100% | +0.0235% | — |
| PUMP | +0.0447% | −0.0506% | +0.0953% | — |
| VVV | +0.0447% | +0.0100% | +0.0347% | — |
| NEAR | +0.0447% | +0.0100% | +0.0347% | — |
| LIT | −0.0112% | +0.0100% | +0.0212% | — |
| UNI | 0.0000% | +0.0100% | +0.0100% | — |
Only on Perpl: 0
Only on Gate: 1059
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Questions
Which has more markets, Perpl or Gate?
Perpl lists 11 active markets and Gate 1080; 11 assets trade on both.
Does Perpl or Gate require KYC?
Perpl: No ID; the app blocks the US, UK, Russia, Ukraine, Belarus and sanctioned countries. Gate: KYC before the futures account opens; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Perpl and Gate?
Not profitably right now: none of the 11 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Perpl or Gate?
24-hour volume: Perpl $20.3M, Gate $21.25B. Open interest as each reports it: $1.1M and $12.40B. Gate reports open interest as longs plus shorts, both sides of every position; Perpl reports one side. For the same positions Gate's figure reads about twice as large. TVL: $3.2M and none published.