Cheapest exchange to trade DOGE perpetual futures
34 Dogecoin perp venues ranked by the measured cost of one market buy. MEXC was cheapest at $10,000. It was also cheapest at $1,000,000. 12 books could not fill $1,000,000.
Where a DOGE perp order costs least
At 18:55 UTC on September 23, 2026, MEXC had the lowest measured cost for a $10,000 DOGE market buy: 2.54 bps ($2.54). Lighter was second at 2.69 bps ($2.69), and RISEx was third at 3.54 bps ($3.54). The first centralized exchange (CEX) was MEXC at rank 1. The first decentralized exchange (DEX) was Lighter at rank 2. For a $1,000,000 DOGE order, MEXC kept rank 1 at 9.28 bps ($928.17). The books of 12 venues could not fill that order within 2% of the best price. The median of the 34 ranked venues was 7.63 bps, 3.0 times the rank-1 cost. The 2.00 bps taker fee was 79% of the MEXC total. Half-spread and impact added 0.54 bps. In the last 7 days of methodology v8, before the change to v9 (28 sweeps), rank 1 changed between two venues: MEXC in 27, Lighter in 1.
DOGE cost by venue at $10,000
| # | Venue | Type | Taker fee (bps) | Spread + impact (bps) | Total (bps) | Total on $10,000 | Depth read |
|---|---|---|---|---|---|---|---|
| 1 | MEXC | CEX | 2.00 | 0.54 | 2.54 | $2.54 | $24.6M · high |
| 2 | Lighter | DEX | 0.00 | 2.69 | 2.69 | $2.69 | $1.4M · high |
| 3 | RISEx | DEX | 3.00 | 0.54 | 3.54 | $3.54 | $239K · high |
| 4 | Paradex | DEX | 0.00 | 3.80 | 3.80 | $3.80 | $37K · high |
| 5 | Aster | DEX | 4.00 | 1.09 | 5.09 | $5.09 | $984K · high |
| 6 | Extended | DEX | 2.50 | 2.71 | 5.21 | $5.21 | $1.5M · high |
| 7 | Gains | DEX, oracle | 5.00 | 0.30 | 5.30 | $5.30 | — |
| 8 | Binance | CEX | 5.00 | 0.54 | 5.54 | $5.54 | $13.7M · high |
| 8 | OKX | CEX | 5.00 | 0.54 | 5.54 | $5.54 | $5.1M · high |
| 10 | BingX | CEX | 5.00 | 1.08 | 6.08 | $6.09 | $14.3M · high |
| 11 | Hyperliquid | DEX | 4.50 | 1.63 | 6.13 | $6.13 | $853K · high |
| 12 | Bitunix | CEX | 6.00 | 0.54 | 6.54 | $6.54 | $4.0M · high |
| 13 | edgeX | DEX | 4.50 | 2.17 | 6.67 | $6.67 | $1.6M · high |
| 14 | BloFin | CEX | 6.00 | 1.09 | 7.09 | $7.09 | $18.0M · high |
| 15 | Bybit | CEX | 5.50 | 1.63 | 7.13 | $7.13 | $8.4M · high |
| 16 | HTX | CEX | 6.00 | 1.36 | 7.36 | $7.36 | $4.1M · high |
| 17 | Avantis | DEX, oracle | 4.50 | 3.00 | 7.50 | $7.50 | — |
| 18 | GRVT | DEX | 4.50 | 3.26 | 7.76 | $7.76 | $1.6M · high |
| 19 | Coinbase | CEX | 4.00 | 3.80 | 7.80 | $7.80 | $1.4M · high |
| 20 | NADO | DEX | 3.50 | 4.34 | 7.84 | $7.84 | $460K · high |
| 21 | Crypto.com | CEX | 4.00 | 4.20 | 8.20 | $8.20 | $226K · high |
| 22 | Gate.io | CEX | 5.00 | 3.26 | 8.26 | $8.26 | $8.9M · high |
| 23 | Deribit | CEX | 3.50 | 4.88 | 8.38 | $8.38 | $140K · high |
| 24 | Pacifica | DEX | 4.00 | 4.40 | 8.40 | $8.40 | $149K · high |
| 25 | XT.COM | CEX | 6.00 | 2.71 | 8.71 | $8.71 | $12.6M · high |
| 26 | Bitget | CEX | 6.00 | 2.71 | 8.71 | $8.71 | $6.5M · high |
| 27 | Kraken | CEX | 5.00 | 4.34 | 9.34 | $9.34 | $3.5M · high |
| 28 | GMX | DEX, oracle | 6.00 | 3.47 | 9.47 | $9.47 | — |
| 29 | KuCoin | CEX | 6.00 | 5.43 | 11.43 | $11.43 | $3.1M · high |
| 30 | WhiteBIT | CEX | 5.50 | 6.35 | 11.85 | $11.85 | $9.9M · high |
| 31 | Phemex | CEX | 6.00 | 5.97 | 11.97 | $11.97 | $2.6M · high |
| 32 | Apex Omni | DEX | 5.00 | 12.82 | 17.82 | $17.82 | $173K · high |
| 33 | SunX | DEX | 4.00 | 19.15 | 23.15 | $23.15 | $253K · high |
| 34 | Aevo | DEX | 8.00 | 33.26 | 41.26 | $41.26 | $50K · high |
Measured but not ranked (3): Reya, because the book could not fill the order within 2% of the best price; Toobit, WEEX, because the displayed depth did not pass the plausibility check.
DOGE cost profile and venue coverage
On a $10,000 DOGE order, the median fee was 5.00 bps and the median half-spread plus impact was 2.86 bps. The book cost more than the fee on 11 of 34 venues. At $1,000,000, the book cost more than the fee on 23 of 24 venues, with a median book cost of 17.64 bps.
Hibachi ranks on the other assets but not on DOGE. The cheapest DOGE order was number 7 of 7 assets. BTC was the lowest at 0.31 bps and DOGE the highest at 2.54 bps. MEXC had rank 1 on 2 of the 7 assets.
How DOGE cost grows with order size
From $10,000 to $1,000,000, the median DOGE venue added 13.61 bps. Bitunix added the least (6.54 to 10.45 bps) and KuCoin the most (11.43 to 50.99 bps). 11 of the 34 venues ranked at $10,000 had no rank at $1,000,000.
| Venue | $10,000 (bps) | $100,000 (bps) | $1,000,000 (bps) | Impact at $1,000,000 (bps) | Rank at $1,000,000 |
|---|---|---|---|---|---|
| MEXC | 2.54 | 3.93 | 9.28 | 6.74 | 1 |
| Bitunix | 6.54 | 6.63 | 10.45 | 3.91 | 2 |
| BingX | 6.08 | 7.88 | 10.97 | 4.34 | 3 |
| edgeX | 6.67 | 7.06 | 14.67 | 8.00 | 4 |
| Extended | 5.21 | 6.90 | 16.13 | 10.92 | 5 |
| BloFin | 7.09 | 9.32 | 16.33 | 9.24 | 6 |
| Bybit | 7.13 | 8.53 | 17.20 | 10.07 | 7 |
| OKX | 5.54 | 8.01 | 17.50 | 11.96 | 8 |
| XT.COM | 8.71 | 10.47 | 17.98 | 9.81 | 9 |
| Binance | 5.54 | 7.75 | 18.03 | 12.49 | 10 |
| GMX | 9.47 | 10.98 | 19.72 | 13.72 | 11 |
| Hyperliquid | 6.13 | 7.84 | 19.75 | 14.16 | 12 |
| Bitget | 8.71 | 10.33 | 26.03 | 17.32 | 13 |
| Lighter | 2.69 | 6.97 | 28.21 | 25.99 | 14 |
| HTX | 7.36 | 10.07 | 28.79 | 22.51 | 15 |
| Kraken | 9.34 | 11.57 | 30.21 | 20.87 | 16 |
| WhiteBIT | 11.85 | 16.67 | 32.55 | 20.43 | 17 |
| Gate.io | 8.26 | 12.01 | 33.45 | 25.74 | 18 |
| Phemex | 11.97 | 17.39 | 36.94 | 24.97 | 19 |
| Coinbase | 7.80 | 13.58 | 38.11 | 30.32 | 20 |
| Gains | 5.30 | 8.07 | 40.00 | 35.00 | 21 |
| GRVT | 7.76 | 13.35 | 44.71 | 38.04 | 22 |
| KuCoin | 11.43 | 18.22 | 50.99 | 38.48 | 24 |
| RISEx | 3.54 | 9.31 | — | — | — |
| Paradex | 3.80 | — | — | — | — |
| Aster | 5.09 | 8.04 | — | — | — |
| Avantis | 7.50 | 9.95 | — | — | — |
| NADO | 7.84 | 20.17 | — | — | — |
| Crypto.com | 8.20 | 29.07 | — | — | — |
| Deribit | 8.38 | 14.97 | — | — | — |
| Pacifica | 8.40 | 14.94 | — | — | — |
| Apex Omni | 17.82 | 68.59 | — | — | — |
| SunX | 23.15 | 28.93 | — | — | — |
| Aevo | 41.26 | — | — | — | — |
DOGE top five over time
| Venue | Top 5, 7 days | Rank 1, 7 days | Median total, 7 days (bps) |
|---|---|---|---|
| MEXC | 28 of 28 | 27 | 2.57 |
| Aster | 22 of 28 | 0 | 5.14 |
| RISEx | 20 of 28 | 0 | 5.00 |
| Lighter | 19 of 28 | 1 | 4.87 |
| Gains | 19 of 28 | 0 | 5.31 |
| Extended | 13 of 28 | 0 | 5.37 |
| Hyperliquid | 9 of 28 | 0 | 5.73 |
| Reya | 7 of 28 | 0 | 5.03 |
| Binance | 1 of 28 | 0 | 5.61 |
| Pacifica | 1 of 28 | 0 | 8.57 |
| GMX | 1 of 28 | 0 | 8.70 |
Data and related rankings
36 of 38 integrated venues returned a DOGE book in this sweep. These costs come from the stored sweep measured at 18:55 UTC on September 23, 2026. The live cost comparison reads the order books when you open it, so its costs can differ from this page. Download the DOGE series as CSV, or read the cost methodology. Compare BTC, ETH, SOL, XRP, BNB and HYPE, or open the all-asset ranking.