BingXvs
KuCoin
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 277 liquid markets shared by BingX and KuCoin, the best funding setup over the past 7 days is $US (long KuCoin, short BingX): it paid 84.5% APR, 73.0% after costs, and held 61% of the time.
277 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs — not by the instantaneous APR.
“7d avg” is the funding spread the pair actually paid over the last 7 days. “After costs” subtracts taker fees for opening and closing both legs over a 7-day hold. “Holds” is the share of hours the spread kept the same sign and at least 5% APR.
| BingX | KuCoin | |
|---|---|---|
| Type | CEX | CEX |
| Taker fee | 0.05%✓ | 0.06% |
| Maker fee | 0.02% | 0.02% |
| Open Interest | $2.51B | $3.02B✓ |
| 24h Volume | $3.44B✓ | $1.93B |
| Avg Funding APR | 20.61% | 11.77% |
| Markets | 485 | 641✓ |
| Airdrop / token | — | Listed |
BingX and KuCoin are both perpetual-futures venues tracked on ORBIT. On fees, BingX is cheaper (0.05% vs 0.06% taker). On liquidity, KuCoin is deeper with $3.02B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely “one or the other” — you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where BingX and KuCoin diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Which funding setup between BingX and KuCoin pays most?
- Across 277 liquid markets shared by BingX and KuCoin, the best funding setup over the past 7 days is $US (long KuCoin, short BingX): it paid 84.5% APR, 73.0% after costs, and held 61% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is BingX or KuCoin cheaper?
- BingX charges 0.05% taker / 0.02% maker; KuCoin charges 0.06% taker / 0.02% maker. BingX has the lower taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, BingX or KuCoin?
- BingX has $2.51B open interest across 485 markets; KuCoin has $3.02B across 641. KuCoin is deeper, which means lower slippage at size.
- Can I run funding arbitrage between BingX and KuCoin?
- Yes — when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.