MEXC Futures API Trading: What to Check
MEXC shows up a lot on the opportunity cards because it lists many coins. For anyone who wants to use a bot, the question is always the same: does the futures API work for placing orders? Here is what to look at.
The futures API question
For a period, MEXC blocked sending futures orders through its API, allowing data queries only. This kind of rule can change, so always check the official MEXC documentation and the current status before relying on the API.
On Multi Arbitrage, MEXC appears on the cards and in Prospector, and automated trading on it is in the testing phase. It is not yet released to customers in general.
What to check on the account
- Hedge mode: MEXC requires two-way positions to hold a long and a short on the same coin.
- Quantity in contracts: size is given in contracts, with a different value per contract for each coin.
- Isolated margin: set it per coin before opening.
- Balance in the futures wallet: separate from the spot balance.
- API key with futures permission and without withdrawals.
When MEXC is useful
Even without automated trading, MEXC data helps you find combinations with other exchanges. See how to compare funding rates between exchanges. If you would like to open an account to follow it, use the link Open a MEXC account, at no additional cost.
Precautions
New integrations need real validation before being released for customers’ money. So avoid depending on an exchange that is still in testing, and start with the ones already validated. See the list in which exchanges to use.
How to follow the status
Check on the dashboard which exchanges are marked as validated for automated trading and which are in testing. For MEXC, while it is in testing, use the data to follow opportunities and trade on the validated exchanges.
What is different about MEXC
- Many coins listed, including smaller ones, which calls for attention to volume.
- Its own contract size per coin.
- Position mode rules that must be set correctly on the account.
- API documentation that changes over time.
Related guide: what the funding rate is. See also all the crypto arbitrage guides.
Frequently asked questions
Can I trade futures through the MEXC API?
That depends on the exchange’s current rule. Check the official documentation before using it.
Does Multi Arbitrage trade on MEXC?
MEXC is in the testing phase in the system. Automated trading is released on the validated exchanges.
Does MEXC appear on the dashboard cards?
Yes, MEXC funding rate data appears on the cards and in Prospector.
Start with $30 in credits
Connect your exchanges with keys that can't withdraw and let the bot work. You pay 30% of the profit, and only when there is a profit.
Create my account →Read also
Best Exchanges for Funding Rate Arbitrage
Criteria for choosing exchanges for funding rate arbitrage: liquidity, futures API, fees, margin mode and which exchanges Multi Arbitrage monitors.
3 min read
How to Create an API Key Without Withdrawal Permission
A general step-by-step guide to creating an exchange API key with read and trade access only, no withdrawals, plus tips for storing and revoking it.
3 min read
Phemex Futures for Beginners: What to Know
A guide for using Phemex for futures: security, position mode, API key without withdrawals, how conditional orders work and your first tests.
2 min read
This content is for information only and is not investment advice. Trading crypto derivatives involves a high risk, including the total loss of your capital. Past results do not guarantee future results, and the figures mentioned are examples. Before trading, check whether trading crypto derivatives is allowed in your country and what your tax obligations are. Assess whether the product suits your profile before investing.