Hyperliquid vs Bitget for perpetual futures

The short answer

Bitget is a large custodial exchange best known for copy trading. Hyperliquid is an on-chain order book where your funds never leave your own account. On cost, Hyperliquid is cheaper at the entry tier on both sides, and on the taker side the gap is wider than against most centralised venues.

Fees

Bitget’s VIP 0 futures schedule charges 0.02% to makers and 0.06% to takers, the same for USDT-, coin- and USDC-margined contracts. Hyperliquid’s tier 0 is 0.015% maker and 0.045% taker.

Bitget’s spot schedule offers a discount for paying fees in BGB. Its futures schedule, as published, does not show one for a new account, so the taker rate above is what a beginner actually pays. Hyperliquid’s beginner discount is a referral code, applied before the first trade.

Funding matters more than either number on anything held overnight. Hyperliquid settles funding hourly; use the funding calculator to see what your holding period costs before you compare basis points.

Custody, support and what breaks

Bitget holds your funds. That buys you account recovery, a support desk, a protection fund and a company answerable for your balance. Hyperliquid holds nothing, so you have sole control and no one to call.

Neither is strictly safer. With Bitget you carry the exchange’s solvency and its decisions about your account. With Hyperliquid you carry your own key management and the bridges you use to move money in and out. Our risk page ranks those honestly.

Access

Bitget’s Terms of Use require identity verification before an account is opened, and list the United States among its prohibited countries. Hyperliquid requires no verification and excludes residents of the United States and Ontario, Canada, along with sanctioned jurisdictions, under its Terms of Use.

So for a US trader the answer is the same on both pages: neither venue, and no workaround from us. Our country pages cover what is actually available.

Where Bitget is genuinely better

• Copy trading built in, for futures and spot, with a large pool of traders to follow.
• Fiat in and out, by card and bank transfer, in many currencies.
• Account recovery and a human support desk.
• A far longer asset list, including spot, earn and stock products.
• Higher leverage ceiling, if you want it, which you probably should not.
• Deeper books on obscure pairs.

Where Hyperliquid is genuinely better

• Cheaper on both sides, and noticeably so on the taker side.
• You keep custody.
• No identity check.
• A discount from the first trade with a referral code.
• Maker fees fall to zero at higher tiers and then pay a rebate.
• Hourly funding, no gas on trades, everything verifiable on-chain.

Who should pick which

Pick Bitget if you want to copy other traders with one click, fund from a card, or value a support desk and recovery above holding your own keys.

Pick Hyperliquid if cost matters, you already hold crypto, you work limit orders, or you want custody of your own balance and a venue you can audit rather than trust.

Purely on price, Hyperliquid wins on the published schedules. Purely on convenience, Bitget does. The vaults page explains how far Hyperliquid’s user vaults go as a copy-trading substitute, which is the question most people choosing between these two are really asking.