Compare
BX BitMEX VS DB Deribit
Both exchanges offer Perpetual futures, Dated futures. The differences below come from our individual reviews of BitMEX and Deribit.
| BitMEX | Deribit | |
|---|---|---|
| Founded | 2014 | 2016 |
| Regions | Historically available worldwide outside the US and a short list of other restricted jurisdictions. As of September 2026 the exchange is winding down entirely and is not accepting new registrations anywhere. | Not available to US persons directly; as of September 2026, eligible US users can reach Deribit's order books through Coinbase Financial Markets as a regulated intermediary. Broadly available elsewhere, subject to Deribit's own jurisdictional restrictions. |
| Products | Spot, Perpetual futures, Dated futures | Options, Perpetual futures, Dated futures, Combo/spread orders |
| Maker fee | Moot given the September 2026 shutdown; historically a tiered volume-based schedule with maker rebates on major perpetual contracts. | Not yet verified |
| Taker fee | Moot given the September 2026 shutdown; historically around 0.075% at the base tier on flagship perpetual contracts, lower with volume. | Not yet verified |
BitMEX pros
- Invented the modern perpetual futures contract, the product type most derivatives exchanges reviewed on this site now offer
- Zero customer funds lost to hacks across more than 11 years of operation
- Deep historical liquidity on BTC and ETH perpetuals while the platform was active
- 24/7 multilingual support with a genuine (if inconsistent) track record of resolving disputes
Deribit pros
- The dominant global crypto options venue by a wide margin, holding roughly half of all Bitcoin and Ethereum options volume and an even larger share of Bitcoin options specifically
- Purpose-built options infrastructure (combo orders, a full volatility surface, portfolio margining) that generalist exchanges bolting on an options tab don't match
- Backed by Coinbase's balance sheet and compliance infrastructure since the August 2025 acquisition, addressing a long-standing question about counterparty durability at a derivatives-only exchange
- Keeps roughly 99% of user funds in cold storage with third-party custody (Fireblocks, Cobo) for the operational portion, and covered a 2022 hot-wallet loss entirely from company reserves rather than user funds
This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.