Toobitvs
MEXC
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 160 liquid markets shared by MEXC and Toobit, the best funding setup over the past 7 days is $MAGMA (long MEXC, short Toobit): it paid 85.8% APR, 77.4% after costs, and held 58% of the time.
160 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs β not by the instantaneous APR.
β7d avgβ is the funding spread the pair actually paid over the last 7 days. βAfter costsβ subtracts taker fees for opening and closing both legs over a 7-day hold. βHoldsβ is the share of hours the spread kept the same sign and at least 5% APR.
| Toobit | MEXC | |
|---|---|---|
| Type | CEX | CEX |
| Taker fee | 0.06% | 0.02%β |
| Maker fee | 0.02% | 0%β |
| Open Interest | $5.46B | $11.78Bβ |
| 24h Volume | $7.71Bβ | $4.93B |
| Avg Funding APR | 7.53% | 4.85% |
| Markets | 708 | 733β |
| Airdrop / token | Listed | Listed |
Toobit and MEXC are both perpetual-futures venues tracked on ORBIT. On fees, MEXC is cheaper (0.02% vs 0.06% taker). On liquidity, MEXC is deeper with $11.78B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely βone or the otherβ β 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 Toobit and MEXC diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Which funding setup between Toobit and MEXC pays most?
- Across 160 liquid markets shared by MEXC and Toobit, the best funding setup over the past 7 days is $MAGMA (long MEXC, short Toobit): it paid 85.8% APR, 77.4% after costs, and held 58% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is Toobit or MEXC cheaper?
- Toobit charges 0.06% taker / 0.02% maker; MEXC charges 0.02% taker / 0% maker. MEXC has the lower taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, Toobit or MEXC?
- Toobit has $5.46B open interest across 708 markets; MEXC has $11.78B across 733. MEXC is deeper, which means lower slippage at size.
- Can I run funding arbitrage between Toobit and MEXC?
- Yes β 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.