Polymarket Perps vs MEXC
MEXC traded 118× Polymarket Perps's 24-hour volume ($16.38B vs $138.7M) and holds 120× its open interest.
Head to head
the arrow points to the better figure| Polymarket Perps | MEXC | |
|---|---|---|
| Trading | ||
| $9.96 | BTC trade, $10k▶ | $4.01 |
| $1,904 | BTC trade, $1M▶ | $401 |
| $2.7M | BTC book depth▶ | $294.4M |
| 0.040%/0.013% | Taker / maker▶ | 0.020%/0.000% |
| 50x | Max leverage▶ | 1000x |
| Size | ||
| $138.7M | Volume 24h▶ | $16.38B |
| $76.6M | Volume, 7-day average▶ | $11.58B |
| $108.4M | Open interest▶ | $12.95B |
| — | TVL | — |
| Markets | ||
| 90 | Markets▶ | 1213 |
| 49 | Stocks & RWA▶ | 469 |
| 1h | Funding paid every | 1h or 4h or 8h or 24h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.677% | BTC longs paid, 30d | +0.487% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $MX |
| Not active | Airdrop | — |
Cost to trade BTC
| Size | Polymarket Perps | MEXC |
|---|---|---|
| $1k | $0.878.7 bp | $0.404.0 bp |
| $10k | $9.9610.0 bp | $4.014.0 bp |
| $100k | $13113.1 bp | $40.144.0 bp |
| $1M | $1,90419.0 bp | $4014.0 bp |
| $5M | — | $2,0644.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 88
funding /8h · Net 7d at $10k| Asset | Polymarket Perps | MEXC | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$13 |
| ETH | +0.0100% | +0.0100% | 0.0000% | +$2 |
| SOL | +0.0073% | +0.0078% | +0.0005% | −$16 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$46 |
| XRP | −0.0034% | +0.0100% | +0.0134% | +$4 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$17 |
| XPL | +0.0001% | +0.0100% | +0.0099% | −$19 |
| ENA | +0.0100% | +0.0100% | 0.0000% | −$21 |
| PEPE | +0.0100% | +0.0100% | 0.0000% | −$6 |
| PUMP | +0.0100% | +0.0066% | +0.0034% | −$49 |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$28 |
| AAVE | +0.0100% | +0.0100% | 0.0000% | −$16 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$8 |
| ADA | −0.0377% | +0.0076% | +0.0453% | −$18 |
| SUI | −0.0318% | +0.0030% | +0.0348% | −$8 |
| ZRO | +0.0002% | +0.0100% | +0.0098% | −$30 |
| FARTCOIN | −0.0248% | +0.0100% | +0.0348% | −$16 |
| LTC | +0.0100% | +0.0100% | 0.0000% | −$55 |
| LINK | +0.0100% | +0.0100% | 0.0000% | −$18 |
| ARB | −0.0101% | −0.0034% | +0.0067% | +$8 |
Only on MEXC: 997
XAUT · RBLX · BCH · CAD · XPT · QQQ · GBP · HBAR · SPY · ASTER · PAXG · INJ · QNT · XLM · BEAT · DOT · CHF · COPPER · WIF · XPD · FET · CAKE · JPY · POL · LUNC · TRB · SOXS · COST · VET · AKT · BRKB · SUN · APT · KIOXIA · TRUMP · USDC · KORU · MA · WDC · KAS · IDOL · SNXX · ICP · ALGO · BAT · TRY · BLESS · FIL · HNT · MAGMA · FF · TIA · CT · TWT · INTW · SIGN · AUD · DASH · OP · MUU · and 937 more
Questions
Is Polymarket Perps or MEXC cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.96 on Polymarket Perps and $4.01 on MEXC right now, taker fee and order-book slippage together, so MEXC is cheaper. Taker fees: 0.04% and 0.02%.
Which has more markets, Polymarket Perps or MEXC?
Polymarket Perps lists 90 active markets and MEXC 1213; 88 assets trade on both, 48 of them stocks, commodities or other real-world assets.
Does Polymarket Perps or MEXC require KYC?
Polymarket Perps: No ID for Perps since the beta ended in Sep 2026; orders cannot be placed from the US, Canada or sanctioned countries. MEXC: KYC before trading since Feb 2026; unverified accounts see market data only.
Can you arbitrage funding between Polymarket Perps and MEXC?
Yes: 14 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 STRC, long on MEXC and short on Polymarket Perps, with $22 left after costs.
Which is bigger, Polymarket Perps or MEXC?
24-hour volume: Polymarket Perps $138.7M, MEXC $16.38B. Open interest as each reports it: $108.4M and $12.95B.