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GDX perps: where to trade Gold Miners ETF perpetual futures

6 tracked venues list GDX perps.

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The cheapest place to trade GDX perps right now is Binance (GDXUSDT): 20.62 bps all-in for a $10,000 market buy at the standard taker fee, measured 13:25 UTC on 2026-10-02.

The next two venues are Bitget 23.93 bps and Bybit 81.56 bps. 4 of 6 GDX markets gave a measured cost.

The Binance fee in this cost is a promotion for every account. Binance can end it.

GDX perps list on 6 tracked venues: 5 centralized exchanges, 1 other decentralized venues. Gains Network (GDX/USD) fills at an oracle price, with no public GDX book to measure.

Maximum GDX leverage runs from 4x on Gains Network (GDX/USD) to 25x on Bybit (GDXUSDT).

GDX funding and open interest

Funding now runs from 0.0% a year on Binance to 0.0% on MEXC, across 5 GDX markets. A positive rate means that longs pay shorts.

5 GDX markets report open interest, $2.2 million in total. MEXC holds 27% of it ($0.6 million).

Measured GDX cost for a $10,000 buy

GDX: all-in basis points (bps) for a $10,000 buy at the standard fee. Lower is cheaper.
  1. Binance20.62
  2. Bitget23.93
  3. Bybit81.56
  4. Gate179.43

Where to trade Gold Miners ETF perpetual futures

GDX perps by venue
VenueMarketMax leverageFunding nowAnnual rate now7-day mean, annualOpen interestBook cost (bps)Taker feeAll-in (bps)Promo rate, eligible accounts
BinanceGDXUSDT20x0.0000% / 8 h0.0%0.0%$464K16.620.040% (docs, promotion for all accounts)20.62—
BitgetGDXUSDT20x0.0000% / 8 h0.0%−2.9%$577K17.930.060% (API)23.93—
BybitGDXUSDT25x0.0000% / 8 h0.0%0.0%$460K78.810.028% (docs, promotion for all accounts)81.56—
GateGDX_USDT20x0.0000% / 8 h0.0%0.0%$112K171.930.075% (API)179.43—
MEXCGDX_USDT20x0.0000% / 8 h0.0%0.0%$582K47.42Not stated for all accounts—0.000% = 47.42 bps (eligible accounts, source, 2026-09-25)
Gains NetworkGDX/USD4x————No GDX bookOracle model——

Method: a $10,000 GDX market buy fills against each public GDX book.

The GDX book cost is that fill price against the mid, in bps. The GDX all-in cost adds the standard taker fee that every new account gets.

A GDX promo rate that only eligible accounts get is shown in its own column and is never ranked.

A GDX book price does not prove that the venue accepts GDX orders at that time, so check the GDX hours table.

Annual GDX funding is the rate per hour times 8,760, with no compounding. The GDX markets come from venue APIs read on 2026-09-25.

GDX trading hours and price source by venue

Find your liquidation price with the liquidation price calculator for GDX. Compare all tickers on the stock perps hub.

Where to Trade VanEck Gold Miners ETF (GDX) Perpetual Futures

Fees and leverage limits apply venue-wide; check GDX terms with the venue.

Open Interest
—
24h Volume
—
Fee model
Position model
Max Lev.
1000x
Rating
8.0/10
Open Interest
—
24h Volume
—
Taker Fee
0.045%
Max Lev.
40x
Rating
9.2/10

VanEck Gold Miners ETF (GDX) market overview

GDX tracks the performance of gold mining companies, providing leveraged exposure to gold price movements through equity ownership of miners. GDX perpetual futures typically move 2-3x the percentage change in gold (XAUUSD), as mining company valuations are highly sensitive to the margin between gold prices and production costs.

Frequently Asked Questions — VanEck Gold Miners ETF (GDX)

How does a VanEck Gold Miners ETF perpetual futures contract differ from the underlying asset?

A VanEck Gold Miners ETF perpetual tracks the VanEck Gold Miners ETF price, with no expiry date and no ownership of VanEck Gold Miners ETF.

Check each venue for VanEck Gold Miners ETF trading hours and the price source.

Category: ETF