Gate vs MEXC
Gate and MEXC side by side from their public APIs: open interest, 24h perp volume, number of markets, the coins both list and funding on those coins, with the spread between the two. Each exchange also has its own page with its largest markets.
MEXC has more perpetual open interest: $9.66B, 1.9× Gate's $5.08B. The two list 516 coins in common, out of 595 on Gate and 584 on MEXC. Funding on the shared coins averages -0.0139% per 8h on Gate and 0.0012% on MEXC; of 516 coins, MEXC's rate is higher on 151, Gate's on 130 and 235 are equal. The widest funding gap is on BATON: 7.4576% per 8h higher on MEXC (≈8166% APR).
Gate vs MEXC head to head
| Metric | Gate | MEXC |
|---|---|---|
| Open interest | $5.08B | $9.66B |
| Share of all exchanges tracked | 9.9% | — |
| Perp volume, 24h | $12.87B | $8.74B |
| Perpetual markets | 595 | 584 |
| OI on the 516 shared coins | $5.04B | $8.47B |
| Avg funding on shared coins / 8h | -0.0139% | 0.0012% |
| Higher funding on | 130 coins | 151 coins |
| OI-weighted funding, all perps / 8h | 0.0031% | 0.0054% |
| Liquidations, 24h | $28.62M | — |
Liquidations are compared only when both exchanges publish a liquidation feed this site reads.
Funding and open interest by coin
top 20 of 516 shared coins by combined OISearch the complete selected coin set by ticker substring, using up to 20 ASCII letters, digits, dots, underscores or hyphens. Leave the ticker blank for the largest coins. Comparison totals above always use the complete pair snapshot.
Shared coins: a non-HIP-3 perpetual observed on both Gate and MEXC. This describes the markets this site tracks, not all listings available at either exchange.
| # | Coin | Gate funding | MEXC funding | Spread / 8h | Gate OI | MEXC OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0083% BTC_USDT | 0.0074% BTC_USDT | 0.0009% | $2.33B | $4.56B |
| 2 | ETH | 0.0049% ETH_USDT | 0.0036% ETH_USDT | 0.0013% | $815.91M | $1.78B |
| 3 | SOL | 0.0081% SOL_USDT | 0.0017% SOL_USDT | 0.0064% | $371.20M | $327.14M |
| 4 | XRP | 0.0041% XRP_USDT | 0.0055% XRP_USDT | -0.0014% | $120.35M | $189.04M |
| 5 | ZEC | -0.0080% ZEC_USDT | 0.0075% ZEC_USDT | -0.0155% | $180.91M | $119.91M |
| 6 | HYPE | -0.0080% HYPE_USDT | 0.0100% HYPE_USDT | -0.0180% | $188.68M | $111.18M |
| 7 | PEPE | 0.0100% PEPE_USDT | -0.0036% PEPE_USDT | 0.0136% | $41.82M | $141.07M |
| 8 | DOGE | 0.0024% DOGE_USDT | 0.0005% DOGE_USDT | 0.0019% | $90.81M | $39.84M |
| 9 | BNB | -0.0033% BNB_USDT | 0.0000% BNB_USDT | -0.0033% | $74.58M | $46.19M |
| 10 | SUI | -0.0022% SUI_USDT | 0.0007% SUI_USDT | -0.0029% | $51.09M | $54.82M |
| 11 | NEAR | -0.0027% NEAR_USDT | 0.0086% NEAR_USDT | -0.0113% | $46.83M | $34.95M |
| 12 | TAO | -0.0328% TAO_USDT | -0.0046% TAO_USDT | -0.0282% | $12.73M | $61.00M |
| 13 | LINK | 0.0014% LINK_USDT | -0.0020% LINK_USDT | 0.0034% | $43.18M | $24.85M |
| 14 | ENA | -0.0012% ENA_USDT | 0.0028% ENA_USDT | -0.0040% | $30.46M | $35.55M |
| 15 | ADA | -0.0098% ADA_USDT | -0.0128% ADA_USDT | 0.0030% | $26.58M | $35.37M |
| 16 | LTC | 0.0006% LTC_USDT | 0.0059% LTC_USDT | -0.0053% | $32.89M | $28.68M |
| 17 | UNI | -0.0017% UNI_USDT | 0.0035% UNI_USDT | -0.0052% | $33.31M | $24.79M |
| 18 | WLD | -0.0266% WLD_USDT | -0.0021% WLD_USDT | -0.0245% | $16.53M | $30.52M |
| 19 | AVAX | -0.0073% AVAX_USDT | 0.0019% AVAX_USDT | -0.0092% | $21.36M | $24.35M |
| 20 | TRX | 0.0047% TRX_USDT | -0.0069% TRX_USDT | 0.0116% | $37.15M | $7.97M |
Coverage. Gate: Every liquidation order on USDT perps (futures.public_liquidates, batched each second); USD notional uses the pushed order limit price and can differ from the eventual average-fill notional; OI and funding polled every 30s; BTC-settled inverse perp not covered (under $50M OI). MEXC: USDT perps: open interest and funding polled over REST every 60s; MEXC publishes no liquidation feed.
How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the current 8-hour equivalent; stale or missing funding is shown as —. The spread is Gate minus MEXC, only when both representatives have current funding.
Gate vs MEXC FAQ
Which has more open interest, Gate or MEXC?
The open interest cards at the top compare the USD value of open perpetual futures positions on each exchange, summed over every market this site tracks there and valued at the mark price. They update with every page load.
Is funding higher on Gate or MEXC?
The average funding figures cover only the coins both exchanges list, as 8-hour equivalents, so venues with 1-hour and 8-hour funding compare directly. The table shows each coin's rate on both and the spread; a wide spread is what a funding arbitrage trade collects.
How many coins do Gate and MEXC both list?
The shared coins count is the number of coins with a perpetual future on both exchanges right now. Stablecoin pairs and Hyperliquid HIP-3 markets are left out.
Where does the data come from?
Each exchange's public market-data API, read live by this site. Nothing here comes from paid data vendors.