WEEX or Toobit

Two young derivatives-first venues. What each is good for, and the weakness they share.

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The difference in one sentence

WEEX is larger and broader: several times as many spot pairs and perpetuals, with fee rates published per pair. Toobit is smaller but publishes one thing almost nobody else does — the exact time of the next funding accrual.

Fees

Both charge a tenth of a percent on spot. The difference is where you find it: WEEX serves makerFeeRate and takerFeeRate in its instrument directory, per pair, so you can verify it yourself. Toobit keeps its rates in a help section, with discounts tied to holding TBT.

Funding: where Toobit is stronger

A funding rate matters only at the moment it accrues. Enter a minute before and you collect it; a minute after and you are paying to hold for nothing. Most venues publish no time, leaving you to guess from the eight-hour grid.

Toobit publishes the next accrual time per contract, and our funding section shows it right in the table. On delta-neutral setups that saves more than the fee difference.

WEEX gives no time: we take the last accrual stamp and add the interval, which it publishes in minutes. Nothing more precise comes out of its data, and we do not hide that.

Withdrawal networks

Both publish networks and fees openly, with no key. The spread is wide at both, wider at Toobit: hundreds of times between dearest and cheapest, against roughly tenfold at WEEX.

P2P

Both have it, and both are thin. WEEX carries more ads, but prices there drift from the market easily — which is exactly why it is worth watching as a source of divergence rather than a place to trade. Toobit’s market is very young: some sellers show no completed trades at all.

The weakness they share

Neither serves listing announcements programmatically. So in our listings feed they appear not from press releases but from our own observation: we see a new pair show up in the exchange’s directory and mark such entries separately.

Who each suits

WEEX if you want choice: more pairs, thicker books, verifiable rates. Toobit if you build delta-neutral setups and need to hit the accrual moment.

WEEX ↗Toobit ↗

Frequently asked

Which has more contracts?
WEEX: around a thousand perpetuals against over seven hundred USDT ones at Toobit. Live counts for both are in the table at the top of this page.
Why is Toobit better for funding?
It publishes the exact next accrual time per contract. WEEX does not, so the time has to be derived from the interval and the last accrual stamp.
Which has cheaper withdrawals?
It depends on the network, not the exchange. Toobit’s spread between networks is wider — up to hundredfold — against roughly tenfold at WEEX.
Do both have P2P?
Yes: WEEX at /buy-crypto, Toobit at /en-US/p2p. Both are thin, with few ads per currency and prices that stray from the market.
Why are they missing from the listings feed?
Both publish announcements but serve none of them programmatically. Instead we record when a new pair appears in the exchange’s own directory, marked as our observation.

Other comparisons and walkthroughs

Binance or BybitThe largest exchange against the strongest derivatives venue. What the difference actually is, and who each one suits.Binance or OKXThe only two venues with genuinely deep books. How they differ, and why for arbitrage this is the reference pair.Binance or MEXCTwo opposite strategies: depth and durability against early listings and a zero maker fee. When each is the better choice.Bybit or OKXBoth sit in the top five, but they are strong at different things. Here is where the line falls.Trading on WEEXA derivatives-first venue with a live P2P market. What it has, where it is strong, and what it lacks.Trading on ToobitA young exchange with a wide perpetuals lineup. Where it helps, and what it is missing.