Best Ethereum Futures Exchanges in 2025

Best Ethereum Futures Exchange in 2025 — List

For 2025, these are the best exchanges to trade Ethereum futures:

1. ➡️ MEXC —This exchange is one of the best when it comes to trading with leverage and enjoying fast order executions. It has deep liquidity and several supporting features.
2. ➡️ Kraken —If you are concerned with adherence to regulations, then Kraken should be at the top of your list. The platform is also serious about security, keeping 97% of funds in cold storage.
3. ➡️ Margex — This exchange offers leverage but adds cross-margin options for futures trades. It is also a notable choice for multi-charting.
4. ➡️ OKX —OKX is a major provider of automated trading via trading bots. It is also reliable for high-risk trading.
5. ➡️ Coinbase —This platform operates regulated futures markets, making it one of the most trustworthy Ethereum futures exchanges.
6. ➡️ BingX —With BingX, you have a shot at profiting from volatility with its futures grid trading option.
7. ➡️ Bybit —Bybit began as a futures-only exchange. As such, most of its features are tailored to the futures market and its traders.
8. ➡️ Binance —Binance offers the most futures trading pairs. And it is also the largest crypto exchange by trading volume, offering deep liquidity to futures trades.

1. MEXC

High leverage and ultra-low trading fees are some of the hallmarks of trading on MEXC. For perpetual futures, you’ll pay zero fees as a maker and 0.02% fees as a taker. You can get even lower costs or more discounts by holding the MX token. This low-cost advantage makes MEXC a notable choice for high-frequency trading.

When it comes to leverage, MEXC offers up to 500x leverage for ETHUSDT futures contracts. This leverage is handy if you want to amplify your position and potentially get more gains than what your capital could have provided. However, you must note that using leverage on any crypto exchange, including MEXC, increases your risk of liquidation.

MEXC can handle up to 1.4 million positions per second. That makes it a notable Ethereum futures exchange when it comes to order matching speeds. Part of the reason for that is the deep liquidity and minimum price slippage, which are essential when trading with high leverage.

As for access, you can trade ETH futures on the MEXC mobile and desktop platforms. The exchange is user-friendly, with advanced charting and trading tools powered by TradingView. You can use drawing tools and technical indicators for strategic trading decisions.

When it comes to the selection of assets, MEXC is a global leader. The platform supports over 400 futures trading pairs, including ETHUSDT and BTCUSDT. These pairs include those backed by USDT and those settled in the underlying crypto asset (COIN-M).

Perpetual futures are the primary focus of MEXC. These futures contracts do not have expiration dates.

MEXC has steadily grown its market share over the years. Today, the platform serves over 30 million crypto traders. It is also available in over 170 countries, making it one of the largest by global coverage.

Notable Features on MEXC

• ➡️ Security and stability: MEXC uses a multi-layered, multi-clustered system that is powered by a high-performance trading engine. This engine can process 1.4 million transactions per second.
• ➡️ Security features: The platform provides anti-phishing codes, 2-factor authentication, and identity verification. It also hosts its servers independently in multiple countries to ensure the integrity and security of user data.
• ➡️ Copy trading: With MEXC, you can copy the futures trades and strategies of proven traders with notable ROIs. The feature is available for other trades as well.
• ➡️ Position mode: With this feature, you can hold both long and short positions on a single futures contract.

Advantages and Disadvantages of Trading with MEXC

Advantages

Disadvantages

You can adjust the leverage from 1x to 500x for USDT-M futures trades MEXC supports up to 200x leverage for COIN-M futures trades The platform’s trading depth is over $100 million The hedge mode allows you to hold both long and short positions for a single futures contract trade There are limit orders, market orders, trigger orders, trailing-stop orders, and post-only orders High trading volume allows users to trade smoothly even in extreme market conditions

Withdrawals are yet to be efficient on the platform Users have reported multiple concerns with customer support

2. Kraken

With Kraken, you can get a 50x leverage on your futures trading positions. That is smaller compared to what MEXC offers. However, Kraken quickly makes up for that by offering 0% maker fees for high-volume traders.

Kraken has the USD linear perpetual futures contracts as one of its primary futures options on the platform. And with the leverage, you can manage positions that exceed your initial capital.

You’ll need an intermediate or verified Kraken Pro account to trade ETH futures on Kraken. The Kraken Pro platform has advanced features not just for futures trades but for spot, margin, and options trades. It is a much more convenient option for trading ETH futures. But you can still use the regular Kraken Exchange for the trades, especially if you are a beginner.

To start trading futures on Kraken, you’ll have to transfer funds from your spot wallet to your futures wallet. Note that these funds will enable you to open and maintain positions during the trades.

As for the collateral, Kraken offers single-collateral inverse futures and multi-collateral linear futures. The single-collateral inverse futures are only available on the Legacy UI. It allows you to use the base currency of the futures pair as the collateral. For example, you’ll use USDT as the collateral when trading ETHUSDT futures.

The multi-collateral linear futures allow you to use any of the supported collateral currencies. You can trade one pair and use a different currency as your collateral. The supported currencies include USD, EUR, and major cryptocurrencies like BTC, ADA, DOGE, MATIC, ATOM, etc. This flexibility makes Kraken stand out as an Ethereum futures exchange in 2025. But note that the supported collateral currencies have different conversion rates and haircuts.

When it comes to risk management, Kraken allows users to implement stop-loss orders on their trades.

Notable Features on Kraken

• ➡️ Web3 wallet: Kraken offers a Web3 wallet where you can store your profits from the futures trades. The wallet can also help you access other decentralized platforms for P2P trading or swaps and even ETH futures trading.
• ➡️ Spot trading: With this feature, you can trade actual cryptocurrencies by buying and selling them.
• ➡️ OTC trading: Large businesses and institutions can use the OTC trading platform to execute large-volume trades.

Advantages and Disadvantages of Using Kraken for Futures Trades

Advantages

Disadvantages

Kraken supports multi-collateral linear futures, where you can use other currencies as collateral You can make fiat currency deposits into your account Kraken posts regular proof of reserves You can trade over 350 futures pairs on Kraken The platform has a 45-microsecond average execution time for its futures trades There is advanced trade analytics and historical price performance monitoring You can switch seamlessly between spot and futures trade, a feature that is helpful during hedging You can track and study the strategies from the top futures contracts traders on the platform

The maximum leverage of 50x is relatively small Futures trading is not globally available, especially where there are regulatory challenges

3. Margex

Margex has a few good things going for it when it comes to futures trading, starting with its user-friendly interface. We found the platform ideal for beginners and savvy investors, thanks to the smooth performance and available features. There are several learning resources to bring any new trader up to speed in crypto trading as a whole and futures trading.

As an Ethereum futures exchange, Margex allows traders to enter the market with as much as 100x leverage. With this leverage, you can effortlessly take a long or short position. But do not forget to take adequate risk management measures as your risk increases with the more leverage you use.

You can use leverage with low margin requirements. Even better, you can readjust your leverage at any point, thanks to Margex’s isolated margin.

Another aspect where Margex stands out from other Ethereum futures exchanges is that you can trade without revealing personal details. The platform does not require KYC verification before trading futures. This feature gets even better when you factor in 2-factor authentication, SSL encryption, and cold storage available to secure your funds and data.

The fees on Margex are very competitive. While the platform does not offer 0% fees like MEXC or Kraken, it offers 0.019% for maker fees and 0.06% for taker fees. You won’t have to pay deposit or withdrawal fees. However, standard blockchain network fees still apply to your crypto transactions.

Copy trading is another impressive feature on Margex. With this feature, you can copy proven strategies from elite traders. It is helpful for new traders or those who do not have the time to monitor the crypto market 24/7.

Stop-loss and take-profit orders are available to minimize risk when trading futures on Margex.

Notable Features on Margex

• ➡️ Live demo: Beginners can use this feature to trade Ethereum futures and other futures contracts without signing up. You’ll find real-time trading data, charts, and analytical tools.
• ➡️ Staking: Margex provides several staking opportunities for users to earn crypto daily with the best market rates.
• ➡️ Price alerts: You can set up alerts for price changes on your preferred assets. The alert system also works when specified conditions change, like volatility. This feature is handy to keep up with the market when you enter an Ethereum futures trade. You can set it up as a push notification on your device.

Advantages and Disadvantages of Trading Ethereum Futures on Margex

Advantages	Disadvantages
With Margex, you can deposit and use even synthetic versions of cryptocurrencies, like Wrapped Bitcoin You can use virtual currencies as collateral on futures trades with zero fees or hidden charges The leverage is readjustable at any point thanks to the isolated margin feature Margex supports leverage futures trades up to 100x	The platform does not support spot trading You cannot trade options on Margex Some features are unavailable in certain regions

4. OKX

OKX is a notable platform for perpetual swaps and traditional futures contracts. The perpetual swaps on the platform have no expiration dates. And you can trade them with up to 125x leverage. The same goes for traditional futures contracts, but note that the leverage is only available for select pairs on the platform.

Despite being an Ethereum futures exchange, OKX supports futures trading on over 640 derivative trading pairs. It also supports options trading for hundreds of cryptocurrencies, from the major coins to meme tokens, shitcoins, altcoins, and even AI agent coins.

OKX has a tiered fee system, unlike our other recommendations, with a fixed structure for maker and taker fees. The fees on OKX depend on your trading volume and OKB holdings. With the latter, you can get lower fees on the futures trades. You’ll also need high trading volumes to enjoy lower fees on OKX.

When it comes to exploring the markets for trades, OKX has a few notable features. One such feature is the high-speed matching engine. This engine also works with customizable yield products, which are ideal for advanced traders.

Another notable feature is the customizable trading bot. OKX offers trading bots for futures grid trading, signals, moon grid, and spot trading. These bots are handy for automated trading strategies, thanks to the eleven modes available. You can use the modes for different market conditions.

The trading bots come with no outright cost. Instead, the costs depend on the very competitive trading fees.

Besides the features, OKX has an intuitive and clean user interface. This interface is ideal for new traders. But they are still packed with functionalities that suit advanced traders. Even better, you can access OKX on the web, desktop, or mobile.

Notable Features of OKX

• ➡️ Historical market data: This feature aggregates books and order book data. You’ll also find candlesticks and other relevant market data for trading.
• ➡️ RFQ: You can get custom and automated RFQ workflows. The feature also allows users to create a basket of spot assets effortlessly. One click is enough to request quotes for large trades.
• ➡️ Web3: OKX offers a Web3 wallet with support for over 150 chains. You can access professional trading tools for crypto trades and swaps.

Advantages and Disadvantages of Trading Ethereum Futures with OKX

Advantages

Disadvantages

OKX has robust API connectivity for algorithmic traders and high-frequency trading The platform supports diverse trading options, including futures and options OKX offers deep liquidity for futures and spot trading The OKX Web3 wallet supports NFTs You can store your tokens and crypto assets in the OKX Web3 OKX provides institutional solutions like OTC trades, where traders can make large-volume trades The platform maintains a 1:1 reserve of all account assets You can explore decentralized finance and applications with the OKX wallet

You cannot make fiat withdrawals to your bank account

5. Coinbase

When it comes to regulations, Coinbase is one of the most regulated platforms to trade Ethereum futures. The platform is CFTC-regulated, ensuring US traders have a regulated trading environment. This regulation compliance adds trust and confidence when you use Coinbase to trade Ethereum futures.

Coinbase also offers customer protection tools like aggregated funds and mandatory margin requirements. You also have several risk management measures to implement when trading futures contracts.

To trade Ethereum futures on Coinbase, you’ll have to access the Coinbase Advanced trading platform. While designed to be accessible to retail traders, the features lean more towards advanced traders. Beginners will take a moment or two to catch up. That said, the interface is intuitive and effortless to navigate.

Coinbase supports 24/7 Ethereum features. As such, you can react to the market at any time.

Perpetual futures and leveraged opportunities are available. You can get as much as 5x leverage on the ETH futures. As for the fees, you can pay between 0.05% and 0.60% for taker charges. Maker fees are considerably lower.

There are stop-loss orders, margin monitoring, and alerts to help you manage risks when trading futures on Coinbase. You can explore other measures on the platform.

Coinbase provides tailored services for individuals, businesses, and institutions. For individuals, you’ll get advanced charting, powered by TradingView. The charts come with pro-grade trading tools. So far, the platform has a quarterly trading volume of $154 billion.

You can unlock real-time market data with high-throughput APIs. This feature is handy for advanced traders and those who want as much information about the market before placing orders.

Speaking of orders, Coinbase has a powerful trading engine with quick order execution. There are order books across 552 markets, including 237 USDC trading pairs. Stable pairs are also available.

Notable Features on Coinbase

• ➡️ Rewards: You can earn up to 12% rewards on your USDC collateral. That includes the USDC in your perpetual portfolio, not only the ones used as collateral.
• ➡️ Pre-launch markets: This feature allows you to trade upcoming ICOs or new tokens before launch. You can use it to discover new token opportunities.

Advantages and Disadvantages of Trading Ethereum Futures with Coinbase

Advantages

Disadvantages

Coinbase operates a regulated crypto futures market Ethereum and Bitcoin futures are available 24/7 You can manage risks in volatile markets with limit orders and stop-limit orders There’s a 5% reward when you hold USDC in your account or stake supported cryptocurrencies like ETH, ATOM, and ADA Coinbase has a 1:1 reserve for all user assets The TradingView integration brings powerful, advanced charts and trade analysis tools There is deep liquidity and high trading volume to ensure quick order execution Futures trading on Coinbase may benefit from the 60/40 tax rule Coinbase supports over 18 futures contracts, including those on crypto, energy, and metals

Perpetual futures trading is only available to non-US traders The 5x maximum leverage on ETH futures is relatively small

6. BingX

BingX offers four core products: perpetual futures, standard futures, copy trading, and spot trading. Even better, all these products have tutorials to guide you if you are a beginner.

This platform offers diversified futures products. You can trade the latest promising futures pairs, including ETH and other cryptocurrencies. The platform also adds a 0 slippage guarantee, which ensures your orders are executed at preset prices, regardless of market conditions.

Like those weren’t enough, BingX also adds flexible capital management. This feature allows you to use your assets in BingX Wealth as margins in futures contracts.

BingX has a dual-price mechanism that guarantees accurate transactions. This feature ensures fair and transparent trades all the time, but that is not all there is to the platform. You can use high leverage of up to 125x on your futures trades.

The trading fees on BingX vary depending on whether you opt for perpetual futures or standard futures. You will also enjoy lower and more competitive fees as a VIP trader on the platform. Nevertheless, maker fees start from 0.02%, while taker fees start from 0.05%. You can get lower fees by increasing your trading volume as well.

Risk management tools like stop-loss orders, take-profit orders, and margins are also available on BingX. These are handy in managing the risks presented by leveraged trading.

BingX is also an excellent platform to trade spots. You can trade trending assets in minutes and explore different chains for your trades. The platform also supports earning through staked assets. You can do that via the Xpool, which offers points for trending new tokens.

Copy trading is another notable feature on BingX. What makes this feature unique is that you can copy futures contracts trades as well. It allows you to copy the strategies of elite traders on the platform.

Notable Features of BingX

• ➡️ Futures kickoff: This feature allows new futures traders to trade futures contracts with one click.
• ➡️ Grid trading: BingX supports several grid trading opportunities, including futures grid, spot grid, and spot infinity grid.
• ➡️ Dual investment: This feature allows you to buy low and sell high. It is a notable option for navigating the volatile crypto market.
• ➡️ P2P merchant application: This feature allows merchants to list P2P ads and earn from fiat-to-crypto transactions.
• ➡️ Price analyzer: You can use this feature in your research. It is also helpful when leveraging the market or conducting fundamental analysis.

Advantages and Disadvantages of Trading Ethereum Futures with BingX

Advantages	Disadvantages
BingX offers bot trading, where you can use trading bots to adjust position costs automatically You can review the history and running trades of your trading bots BingX allows you to use crypto as margin for your futures trades The platform publishes 100% proof of reserve VIPs get low trading fees, free guaranteed prices, and high APR wealth products	BingX is not available in the United States, the United Kingdom, or Canada Backtesting and sandbox features are not available on BingX

7. ByBit

Bybit has over 70 million traders with a 24-hour trading volume of over $28 billion. It is a prominent Ethereum futures exchange with many handy features, including a Web3 platform. You can use the platform to trade crypto futures, trade spots with up to 10x leverage, and trade options.

When it comes to futures, Bybit supports over 550 cryptos for perpetual futures trading. You can trade Ethereum futures with up to 125x leverage. Even better, you can get your futures settled in USDC or other cryptocurrencies.

The high-performance trading engine on the platform ensures you have speedy order executions. There is minimal latency, especially in the fast-moving crypto market.

With the futures grid bot, you can buy and sell high on autopilot with up to 100x leverage. It is a useful feature for automated trading strategies. And over 20,000,000 traders use the bot. Even better, you can create and customize your trading bot.

Bybit has other notable features that make it stand out among other crypto trading platforms. One such feature is the chase limit order, where you can adjust limit order prices in real time. With it, you can adjust the prices to the best bid or ask prices, hence reducing fees by guaranteeing maker order execution.

Another notable feature is the scaled order. This feature automatically places a series of buy or sell limit orders at progressively lower or higher prices for a preset range. It brings opportunities for better entry and split orders.

Copy trading is also available on Bybit. The feature is handy if you want to follow the trading strategies of others. It allows you to copy their strategies as well and apply them to your trades.

To top everything off, Bybit has deep liquidity to support the trades.

Notable Features on Bybit

• ➡️ Unified trading account: Unlike other platforms where you have to transfer funds from your spot account to the futures wallet, Bybit allows you to conduct all your trades (spot, futures, options) with one account. Even better, the account supports cross, isolated, and portfolio margin modes.
• ➡️ MetaTrader 4: With this feature, you can get real data demo trading, 0.03% trading fees, and over 20 popular crypto pairs.
• ➡️ Arbitrage: You can use this feature and approach on spot and futures markets on Bybit.

Advantages and Disadvantages of Trading Ethereum Futures on Bybit

Advantages

Disadvantages

Bybit provides 24/7 customer support The platform offers demo trading, where you can practice Ethereum futures trading and other options You can trade using external services with the OpenAPI Bybit is available on the web and mobile devices Trading bots are available You can get AI-driven insights and analysis with TradeGPT With TradeFi, you can get up to 500x leverage on MetaTrader 5 Spread trading is available for users

There is no insurance on customer deposits Derivatives and futures trading may be unavailable to users in the US

8. Binance

Binance maintains a market dominance and unmatched liquidity that most crypto platforms can only dream of. It is the world’s largest cryptocurrency exchange by trading volume, especially when it comes to the derivatives market.

With Binance, you can get the major cryptocurrencies, trending altcoins, meme tokens, shitcoins, and stablecoins. The high liquidity allows you to execute seamless trades on these cryptocurrencies.

Binance Futures offers a leverage of up to 125x, which isn’t so far off from what other platforms typically offer. You can get perpetual futures with no expiration date or quarterly futures that expire after three months. The supported cryptocurrencies include BTC and ETH, which is why you can use Binance as an Ethereum futures exchange.

When it comes to price mechanisms, Binance supports mark price and last price mechanisms. You can use the mark price mechanism to avoid unnecessary liquidations, while the last price mechanism will help you trigger stop-loss orders.

The order types you can use when trading Ethereum futures on Binance include market order, limit order, stop-limit order, and stop-market order. Note that these order types are ideal for different trading strategies.

Notable Features on Binance

• ➡️ Trading bots: Binance offers several trading bots to support automated trading strategies. You can create yours or join the bot marketplace to get other custom trading bots
• ➡️ Margin trading: This feature allows you to increase your position with leverage.
• ➡️ P2P trading: You can use this section to trade directly with other traders. It offers lower fees as well.

Advantages and Disadvantages of Trading Ethereum Futures with Binance

Advantages

Disadvantages

Binance has over 530 crypto-to-crypto trading pairs Binance Futures is one of the most liquid derivatives exchanges in the world You can get 0% maker fees and taker fees as low as 0.017% The platform offers even lower fees when you hold BUSD or BNB There is a wide range of leverage depending on your trading balance Grid trading and TWAP trading strategies can be implemented effortlessly Binance features 2FA, KYC, and anti-phishing codes

You can experience fluctuating funding rates The KYC requirement may hold back traders who prefer anonymity

What is an Ethereum Futures Exchange?

An Ethereum futures exchange connects you to buyers and sellers of Ethereum futures. They provide the features necessary for you to buy or sell these futures contracts. These features include the following:

• ➡️ The underlying asset price data: This feature allows the platform to track the real-time price movement for Ethereum. It is necessary for pricing futures contracts and cash settlement.
• ➡️ The order book: The platform uses this feature to match your orders with buyers or sellers.
• ➡️ Charting tools: You can use this feature to monitor the ETH price and make your predictions before entering a futures contract position.

You can trade on a centralized or decentralized Ethereum futures exchange. Both allow you to enter long or short positions, with the only difference being the market and requirements.

With a centralized exchange, you can trade without owning a crypto wallet. You simply fund your futures account to open a position. Also, you’ll trade on a centralized market with the exchange overseeing the trade.

Decentralized exchanges, on the other hand, support on-chain Ethereum futures. You can trade on these platforms with KYC. But you’ll need a crypto wallet to access the exchange.

How to Choose the Best Ethereum Futures Exchange

Here are a few crucial factors that will help you get the best Ethereum futures exchange:

Availability and Regulation

One of the first things to do is ensure the platform offers derivatives trading in your region. That should include Ethereum futures and other cryptocurrencies.

The next step is ensuring the market is regulated. Platforms like Coinbase offer regulated futures markets.

Trading features

Features in this category give you more control over your trade. They range from margin to leverage, interactive charts, analytical tools, different order types, real-time price tracking, etc. These tools can help you apply different trading strategies and risk management measures like stop-loss orders.

Customer support

Go for exchanges with responsive live chat support. The email support option should also be available in case you have documents to share with the support team.

User Interface and Experience

Most exchanges, especially our recommendations, have user-friendly interfaces. They run smoothly and offer features that are beginner-friendly.

Consider your skill level and how you want the platform to look. Do you prefer simple charts, or would you opt for customizable charts with complex analytical tools and technical indicators? Again, your skill level should determine what kind of platform you want. But ensure that the pages load quickly and orders are executed speedily.

Ethereum Futures Trading Strategies

To get the most from your Ethereum futures exchange trading, you can apply the following strategies:

• ➡️ Scalping: This strategy is ideal for highly volatile markets. It involves entering and exiting positions rapidly, typically in seconds or minutes. The profits are typically small, but they can accumulate over time.
• ➡️ Day trading: For this strategy, you open and close your positions within a day. The aim is to capture profits during the intraday price movements. It is ideal for taking advantage of short-term trends and does not require much attention, like scalping. Also, you can use trading bots as well.
• ➡️ Breakout trading: This strategy focuses on trends or breakout price movements. It is based on the idea that the price will continue in a certain direction once there is a breakout. It is still risky and requires adequate risk management measures like stop-loss and take-profit orders.