Gate.iovs
BingX
Compare Gate.io vs BingX perpetuals: funding rates, fees, open interest, trading volume, liquidity, liquidation data and regulatory compliance updated in real-time.
Coinperps score
Four weighted criteria, scored out of 10 by Coinperps Research. How we score ›
Gate.io8.75/10BingX7.25/10Market position
Each venue's share of the perpetual venues Coinperps tracks, live over the last 24 hours.
The same market on each venue
One perpetual, both books: where the liquidity and the crowd actually are right now.
Gate.ioBTC/USDTBingXWinner marked per row. Funding is an 8-hour equivalent; the lower rate is cheaper for longs. Depth: order-book liquidity within 1% of mid.
BTC funding over 90 days
Daily funding on each venue's BTC perpetual against the cross-venue median, every venue normalised to an 8-hour equivalent. Persistent gaps are what a carry trade or a long hold actually pays.
Gate.io vs BingX: head-to-head
Fees, leverage and regulation from each venue's published terms; volume, open interest and funding live from the Coinperps feed. The better figure is marked where one exists.
| Dimension | Gate.io | BingX |
|---|---|---|
| Fees & costs | ||
| Taker fee | 0.05% | 0.05% |
| Maker fee | 0.02% | 0.02% |
| Volume & liquidity | ||
| Perpetuals volume (24h) | -- | -- |
| Open interest | -- | -- |
| Options volume (24h) | -- | -- |
| Liquidations (24h) | -- | -- |
| Perpetual contracts listed | -- | -- |
| Live funding rates | ||
| BTC funding rate | -- | -- |
| ETH funding rate | -- | -- |
| SOL funding rate | -- | -- |
| XRP funding rate | -- | -- |
| All funding on this page is shown as an 8-hour equivalent. Venues that settle hourly (Hyperliquid, Kraken, Coinbase, dYdX) are scaled by the interval the feed reports, so the figures compare like for like. | ||
| Trading features | ||
| Contract types | USDT only | USDT and USDC |
| Maximum leverage | 125x | 125x |
| Spot assets | 3800 | 1000 |
| Platform type | Centralized | Centralized |
| Regulation & trust | ||
| Regulation | AUSTRAC (Australia), TCSP (Hong Kong), DLT Provider (Gibraltar), VFA (Malta), SCB (Bahamas), and 3 more | Only regulated by FSIC (Lithuania) |
| Proof of reserves | ✓ Yes | ✓ Yes |
| Supported countries | 165 | 150 |
| Users | 21 Million | 20 Million |
| Headquarters | George Town, Cayman Islands | Singapore |
About Gate.io
Gate is the fourth-largest crypto perpetuals venue and one of the oldest exchanges still operating, founded in 2013 by Dr. Lin Han and serving more than 49 million users after its group-wide rebrand from Gate.io. The platform reported $3.8 trillion in 2024 trading volume, with contract trading contributing $2 trillion of it.
Its perpetuals platform spans 560+ pairs at up to 125x leverage in USDT and BTC-margined variants, backed by a unified account, portfolio margin, and a dual-price liquidation system keyed to external spot indexes. Gate also leads every centralized exchange in stock perpetuals open interest, holding nearly double Bybit's total as equity contracts become the market's fastest-growing segment.
Its regulatory map is wider than most offshore rivals can claim. A MiCA license from Malta's MFSA covers the EU alongside a full VARA license in Dubai, and licensed local entities serve Japan through the Coin Master acquisition and Australia under AUSTRAC registration.
About BingX
BingX is a copy-trading-first perpetuals exchange founded in 2018 by Josh Lu, serving more than 10 million users across 160+ countries with one of the widest traditional-asset derivatives lineups of any mid-tier venue.
Its futures platform spans USDT and USDC-margined crypto perpetuals at up to 125x leverage plus 50+ TradFi contracts covering gold, oil, forex, US stocks, and indices, reaching 500x on select forex pairs.
Regulation runs through AUSTRAC registration in Australia and Lithuania's FCIS, while BingX EU has applied for MiCA authorization through Austria's FMA, so EEA access remains unauthorized pending that decision.
Security carries one scar handled cleanly. A September 2024 hot wallet breach cost between $43 million and $52 million, users were fully compensated from reserves within days, and the exchange publishes Proof of Reserves alongside an expanded Shield Fund since.
