N1 vs MEXC
MEXC traded 6385× N1's 24-hour volume ($16.47B vs $2.6M) and holds 15210× its open interest.
Head to head
the arrow points to the better figure| N1 | MEXC | |
|---|---|---|
| Trading | ||
| $11.93 | BTC trade, $10k▶ | $4.01 |
| — | BTC trade, $1M | $472 |
| $388K | BTC book depth▶ | $203.6M |
| 0.035%/0.010% | Taker / maker▶ | 0.020%/0.000% |
| 50x | Max leverage▶ | 1000x |
| Size | ||
| $2.6M | Volume 24h▶ | $16.47B |
| $2.5M | Volume, 7-day average▶ | $11.58B |
| $856K | Open interest▶ | $13.03B |
| — | TVL | — |
| Markets | ||
| 40 | Markets▶ | 1213 |
| 0 | Stocks & RWA▶ | 469 |
| 1h | Funding paid every | 1h or 4h or 8h or 24h |
| +0.0064% | BTC funding /8h | +0.0100% |
| +0.505% | BTC longs paid, 30d | +0.487% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $MX |
| — | Airdrop | — |
Cost to trade BTC
| Size | N1 | MEXC |
|---|---|---|
| $1k | $1.0610.6 bp | $0.404.0 bp |
| $10k | $11.9311.9 bp | $4.014.0 bp |
| $100k | $24824.8 bp | $41.794.2 bp |
| $1M | — | $4724.7 bp |
| $5M | — | $2,5585.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 39
funding /8h · Net 7d at $10k| Asset | N1 | MEXC | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0064% | +0.0100% | +0.0036% | −$3 |
| ETH | +0.0064% | +0.0100% | +0.0036% | −$17 |
| HYPE | +0.0216% | +0.0100% | +0.0116% | +$6 |
| SOL | +0.0096% | +0.0075% | +0.0021% | −$27 |
| BNB | +0.0040% | +0.0142% | — | — |
| JUP | +0.0008% | −0.0154% | — | — |
| S | +0.0744% | −0.0034% | — | — |
| LIT | −0.0688% | −0.0042% | — | — |
| VVV | +0.0368% | −0.0222% | — | — |
| NEAR | +0.0112% | +0.0100% | — | — |
| AAVE | −0.0040% | +0.0100% | — | — |
| PAXG | +0.0240% | +0.0038% | — | — |
| ZEC | +0.0208% | +0.0100% | — | — |
| MORPHO | −0.0160% | +0.0100% | — | — |
| SUI | −0.0200% | +0.0025% | — | — |
| PUMP | −0.0080% | +0.0058% | — | — |
| XRP | +0.0112% | +0.0100% | — | — |
| ARB | −0.0216% | −0.0041% | — | — |
| ASTER | +0.0088% | +0.0100% | — | — |
| ENA | −0.0136% | +0.0100% | — | — |
Only on N1: 1
Only on MEXC: 1046
XAUT · XAU · XAG · BZ · SP500 · SKHYNIX · CL · SPCX · LINK · AAPL · INTC · ADA · LTC · NAS100 · RBLX · CRCL · BCH · SOXL · AVAX · SPY · MU · NVDA · XPT · CAD · GBP · HBAR · SNDK · GOOGL · INJ · QNT · ANTHROPIC · XLM · DOT · BEAT · MSFT · CHF · COPPER · WIF · QQQ · XPD · CAKE · FET · JPY · SOXS · MSTR · LUNC · POL · TRB · COST · VET · AKT · COIN · BRKB · SUN · PENDLE · NBIS · KIOXIA · KORU · TRUMP · USDC · and 986 more
Questions
Is N1 or MEXC cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $11.93 on N1 and $4.01 on MEXC right now, taker fee and order-book slippage together, so MEXC is cheaper. Taker fees: 0.035% and 0.02%.
Which has more markets, N1 or MEXC?
N1 lists 40 active markets and MEXC 1213; 39 assets trade on both.
Does N1 or MEXC require KYC?
N1: No ID; closed to residents and citizens of the US, Canada, Russia and sanctioned countries. MEXC: KYC before trading since Feb 2026; unverified accounts see market data only.
Can you arbitrage funding between N1 and MEXC?
Yes: 1 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 HYPE, long on MEXC and short on N1, with $6 left after costs.
Which is bigger, N1 or MEXC?
24-hour volume: N1 $2.6M, MEXC $16.47B. Open interest as each reports it: $856K and $13.03B.

