Bitget Edges Out Rivals in Trading Costs Amid Stock Derivatives Boom
A report by RootData has revealed that the stock derivatives sector is experiencing explosive volume growth, with cumulative trading volume from January to August reaching approximately $1.75 trillion.
The top four exchanges in terms of cumulative trading volume are Binance, Bitget, OKX, and Bybit, accounting for 99.6% of the total market share. Among these, Binance leads with a 61.3% share, followed by Bitget at 19.5%, OKX at 16.8%, and Bybit at 2.4%.
In terms of liquidity, Binance and Bitget together account for over 70% of stock derivatives order book liquidity. Specifically, Binance's average daily order book depth is approximately $10.1 million, while Bitget follows closely at $4.82 million.
The report also analyzed trading costs across various popular assets, including Apple and QQQ. According to the analysis, Bitget offers the most optimal trading costs with a weighted spread of 0.0144%, closely followed by Binance at 0.0145%. OKX stands at 0.0154% and Bybit at 0.0237%.