In 2025, more than 40% of all crypto spot volume goes through places that offer margin. This shift has a big impact on liquidity and funding rates in the market. I’ve been testing the top exchanges for crypto margin trading for months. I’ve clicked through order books on exchanges like Binance, Kraken, Bitfinex, and Bybit….
Bitcoin (BTC) $ 123,598.00 1.21%
Ethereum (ETH) $ 4,528.75 0.86%
XRP (XRP) $ 2.97 1.85%
Tether (USDT) $ 1.00 0.02%
BNB (BNB) $ 1,190.19 1%
Solana (SOL) $ 232.23 0.87%
USDC (USDC) $ 0.999706 0.01%
Lido Staked Ether (STETH) $ 4,525.65 0.78%
Dogecoin (DOGE) $ 0.253603 3%
TRON (TRX) $ 0.342085 0.03%
Cardano (ADA) $ 0.842559 3.29%
Wrapped stETH (WSTETH) $ 5,502.94 0.82%
Wrapped Beacon ETH (WBETH) $ 4,886.10 0.9%
Wrapped Bitcoin (WBTC) $ 123,524.00 1.07%
Chainlink (LINK) $ 21.86 2.95%
Ethena USDe (USDE) $ 1.00 0.03%
Hyperliquid (HYPE) $ 48.61 3.96%
Sui (SUI) $ 3.57 2.49%
Figure Heloc (FIGR_HELOC) $ 1.00 0%
Stellar (XLM) $ 0.401024 0.52%
Avalanche (AVAX) $ 30.25 1.9%
Wrapped eETH (WEETH) $ 4,880.22 0.83%
Bitcoin Cash (BCH) $ 598.38 1.24%
WETH (WETH) $ 4,529.00 0.7%
Hedera (HBAR) $ 0.218106 1.79%
Litecoin (LTC) $ 120.84 0.62%
LEO Token (LEO) $ 9.66 0.09%
Coinbase Wrapped BTC (CBBTC) $ 123,637.00 1.14%
USDS (USDS) $ 0.999949 0.03%
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999550 0.05%
Shiba Inu (SHIB) $ 0.000012 1.55%
Cronos (CRO) $ 0.207913 1.36%
Toncoin (TON) $ 2.81 0.95%
Mantle (MNT) $ 2.11 6.23%
USDT0 (USDT0) $ 1.00 0.03%
WhiteBIT Coin (WBT) $ 44.41 0.87%
Polkadot (DOT) $ 4.17 3.17%
Monero (XMR) $ 319.54 4.52%
Ethena Staked USDe (SUSDE) $ 1.20 0.07%
World Liberty Financial (WLFI) $ 0.199277 1.95%
Uniswap (UNI) $ 8.11 2%
OKB (OKB) $ 222.32 2.18%
Dai (DAI) $ 0.998981 0%
Aave (AAVE) $ 287.57 0.93%
Pepe (PEPE) $ 0.000010 2.35%
Ethena (ENA) $ 0.570783 7.85%
Bitget Token (BGB) $ 5.66 1.96%
Aptos (APT) $ 5.33 0.79%
NEAR Protocol (NEAR) $ 2.95 4.29%
Jito Staked SOL (JITOSOL) $ 286.71 0.83%