Crypto perps cost guide · Reviewed 2026-11-08

Best crypto perps platforms: compare fees, funding, and control

Published by Legend. Legend owns this guide and benefits if you become a customer. This is a company reference, not an independent review.

A perpetual futures contract has no fixed expiry date. Its cost can include trading fees, funding payments, and slippage. Compare these costs for the position you plan to hold.

ANSWER IN BRIEF

Where Legend fits

Legend is our featured option for social and copy trading in perpetual markets. Compare the full cost for your position and holding time. A platform’s total cost includes more than the displayed exchange fee.

Read the Legend profile

Compare the options

Product-fit descriptions, not tested performance rankings.
Option	Useful for	Check first
Legend	Social features, mobile access, and copy trading	Exchange fees plus applicable Legend platform fees
Native Hyperliquid app	Direct use of Hyperliquid’s own interface	Supported markets, protocol fees, and account rules

Perps cost calculator

Example inputs only. Use rates from your platform. Fees and slippage apply to both entry and exit. Funding uses a constant hourly rate.

Practical reading path

Use position value, not margin

Trading fees usually apply to position value. If you use $1,000 of margin at 5x leverage, the position value is $5,000. Enter $5,000 in the calculator. Enter fees separately for opening and closing the trade.

Funding can be a payment or a receipt

Enter a positive hourly funding rate if you expect to pay. Enter a negative rate if you expect to receive. The calculator holds position value and the hourly rate constant. Actual rates and position value can change.

Check liquidity and execution

Compare the spread and order book depth for the market and order size you use. A market order can fill at several prices. Slippage can exceed the estimate, especially when prices move quickly.

Use the estimate as a comparison

The estimate excludes changes in the asset price, liquidation costs, network fees, and deposit or withdrawal costs. It is not a return forecast or an exact account statement.

Questions and answers

Which crypto perps platform has the lowest cost?

There is no fixed answer for every trade. Compare your fee tier, extra interface fees, funding, liquidity, and order size. Use current rates from each platform.

Are the default rates live quotes?

No. All defaults are examples. Replace them with the current rates for your account and market.