Perpetuals · Arbitrum L2
Best Crypto Futures Exchange 2026: Top 6 Compared
Binance leads with $31.6B open interest; Hyperliquid leads on-chain venues with $14.18B. EVEDEX offers 52 perpetuals, including stocks and gold, at 0.015% maker with 200x on BTC up to $50,000.
EVEDEX futures at a glance
EVEDEX futures terms on September 15, 2026, from EVEDEX trading terms and docs.
Best crypto futures exchanges compared
Six futures venues, each with two documented drawbacks, EVEDEX first. More platforms in our crypto futures trading platform guide; the on-chain model is explained on the perp DEX page.
| Exchange | Contracts | Open interest and 24h volume | Base fees | Drawbacks |
|---|---|---|---|---|
| EVEDEX | 52 perpetuals, including stocks, gold and FX | $678.6M; $647.6M | 0.015% maker, 0.045% taker | No dated futures or options; USDT margin only |
| Binance | 589 perpetual and 204 dated pairs | $31.6B; $65.6B | 0.02% maker, 0.05% taker | 2023 guilty plea (AML) |
| Bybit | 860 perpetual and 77 dated pairs | $12.2B; $15.8B | 0.02% maker, 0.055% taker | About $1.5B hack in 2025 |
| OKX | 479 perpetual and 18 dated pairs | $7.06B; $24.1B | 0.02% maker, 0.05% taker | Few dated contracts; products vary by region |
| Hyperliquid | 404 perpetual pairs, no dated futures | $14.18B; $9.54B | 0.015% maker, 0.045% taker | 40x BTC cap |
| Deribit | 57 perpetual and 77 dated pairs, plus options | $2.27B; $0.78B | 0.015% maker, 0.035% taker | Small perpetual lineup; BTC contracts settle in BTC |
Data as of September 15, 2026: CoinGecko derivatives at BTC $76,888; fees from EVEDEX, Binance, Bybit, OKX, Hyperliquid and Deribit market data; incidents: US DOJ, FBI.
Why trade futures on EVEDEX
Low base fees, high caps on majors and 24/7 markets from one USDT margin account.
Low base fees
0.015% maker and 0.045% taker, below the 0.02% and 0.05% base rates on Binance and OKX, plus up to 35% cashback.
High caps on majors
BTC-USD, ETH-USD and SOL-USD allow 200x up to $50,000 notional; XRP, gold, silver and oil allow 100x.
Settlement on Arbitrum
Orders match off-chain, while positions, liquidations and funding are recorded on Arbitrum L2.
Stocks and FX, 24/7
TSLA, COIN, MSTR, EUR/USD and USD/JPY perpetuals trade around the clock from one USDT margin account.
Trade BTC-USD in three steps
From wallet to an open BTC-USD position without traditional KYC, starting from 6 USDT.
Connect your wallet
Log in to the EVEDEX exchange with your wallet. There is no traditional KYC; deposits pass AML screening with Chainalysis.
Deposit USDT
Fund your account from 6 USDT. The first deposit deploys a personal deposit contract on Arbitrum for about 0.1 USDT.
Open BTC-USD
Choose long or short and set leverage within the pair cap. The minimum order is 5 USDT.
Perpetual or dated futures?
The best crypto futures exchange depends on whether you need an expiry date.
Perpetual futures never expire: a funding payment keeps their price near the index. Dated futures expire on a set date and suit hedges with a fixed horizon; Binance lists 204 such pairs and Deribit 77, while EVEDEX and Hyperliquid list none. EVEDEX runs only perpetuals, only cross margin and no options, which keeps one USDT balance behind every position but gives fewer hedging tools than large centralized exchanges.
Risk disclosure
Leveraged perpetuals can lose your entire margin quickly. Perpetual futures carry a high risk of loss. EVEDEX services are not intended for UK retail clients. This page is not investment advice.
Crypto futures exchange questions
Crypto futures are contracts to buy or sell a cryptocurrency at a future price, used to speculate with leverage or hedge. Dated futures expire; perpetual futures do not. On September 15, 2026, Binance Futures listed 589 perpetual and 204 dated pairs, and EVEDEX listed 52 perpetuals, according to CoinGecko.
Crypto futures trading means opening leveraged long or short positions on contracts that track a coin’s price, without holding the coin. You post margin, pay trading fees and, on perpetuals, funding. On EVEDEX the base fees are 0.015% maker and 0.045% taker, with margin in USDT.
Perpetual futures are crypto futures with no expiry date. A funding rate, exchanged between longs and shorts, keeps the contract price close to the index. EVEDEX calculates funding every 8 hours and charges one eighth of it each hour. Hyperliquid, Bybit and Binance also list hundreds of perpetual pairs.
Perpetual futures can be held indefinitely, as long as your margin stays above the maintenance level and you pay or receive funding. Dated futures must be closed or settle on their expiry date. Deribit, for example, listed 77 dated futures pairs on September 15, 2026, next to its perpetuals.
When a dated crypto futures contract expires, open positions are closed and settled at the exchange’s settlement price, usually an index average, and profit or loss is credited to your margin. Perpetual futures, such as the 52 pairs on EVEDEX, never expire and settle through funding instead.
For an isolated long, liquidation comes roughly when the loss equals initial margin minus maintenance margin. At 100x, initial margin is 1% of notional; with EVEDEX maintenance of 0.4% on BTC-USD up to $50,000, a move of about 0.6% against you liquidates. Cross margin uses your whole balance.
By size, Binance leads with $31.6B open interest on September 15, 2026, followed by Hyperliquid at $14.18B and Bybit at $12.2B. By base fees, EVEDEX and Hyperliquid charge 0.015% maker and 0.045% taker. The best choice depends on access rules, contracts and leverage you need.
