Arcus vs Phemex
Phemex traded 1.8× Arcus's 24-hour volume ($1.04B vs $582.6M) and holds 15× its open interest.
Head to head
the arrow points to the better figure| Arcus | Phemex | |
|---|---|---|
| Trading | ||
| $4.58 | ◀BTC trade, $10k | $12.01 |
| $667 | ◀BTC trade, $1M | $1,638 |
| $3.4M | BTC book depth▶ | $49.4M |
| 0.022%/0.000% | ◀Taker / maker | 0.060%/0.010% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $582.6M | Volume 24h▶ | $1.04B |
| $460.8M | Volume, 7-day average▶ | $759.8M |
| $75.0M | Open interest▶ | $1.14B |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 135 |
| 36 | Stocks & RWA▶ | 70 |
| 1h | Funding paid every | 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0073% |
| — | BTC longs paid, 30d | +0.372% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Arcus | Phemex |
|---|---|---|
| $1k | $0.494.9 bp | $1.2012.0 bp |
| $10k | $5.005.0 bp | $12.2612.3 bp |
| $100k | $53.945.4 bp | $12712.7 bp |
| $1M | $9029.0 bp | $1,85018.5 bp |
| $5M | — | $13,97828.0 bp |
LIT funding per day
pair pageSize
daily, since Jul 1Volume by asset class
last yearOn both: 40
funding /8h · Net 7d at $10k| Asset | Arcus | Phemex | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0073% | +0.0027% | −$8 |
| ETH | +0.0100% | +0.0021% | +0.0079% | −$3 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$19 |
| HYPE | +0.0100% | −0.0048% | +0.0148% | −$30 |
| ZEC | +0.0100% | +0.0080% | +0.0020% | −$29 |
| NEAR | +0.0417% | −0.0063% | +0.0481% | −$19 |
| ENA | +0.0321% | +0.0100% | +0.0221% | −$20 |
| LIT | +0.0100% | +0.0277% | +0.0177% | −$44 |
| BNB | +0.0100% | 0.0000% | +0.0100% | −$19 |
| LINK | +0.0100% | +0.0192% | +0.0092% | −$28 |
| PUMP | +0.0100% | +0.0012% | +0.0088% | −$14 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$45 |
| PONS | +0.0100% | +0.0100% | 0.0000% | −$152 |
| XRP | +0.0100% | −0.0180% | +0.0280% | −$16 |
| TAO | +0.0187% | −0.0062% | +0.0249% | +$17 |
| SUI | +0.0100% | +0.0001% | +0.0099% | −$23 |
| DOGE | +0.0100% | +0.0053% | +0.0047% | −$10 |
| AAVE | +0.0100% | +0.0100% | 0.0000% | −$42 |
| USELESS | +0.0152% | +0.0100% | +0.0052% | −$22 |
| PENGU | +0.0100% | +0.0100% | 0.0000% | −$100 |
Only on Arcus: 20
GLD · USO · AMZN · SLV · FARTCOIN · GME · CASHCAT · USAR · BABA · ORCL · PLTR · BOT · CRWV · BE · COIN · MRVL · CPER · DYDX · QNT · WLFI
Only on Phemex: 83
ADA · AVAX · LTC · XLM · BCH · ARB · COPPER · NATGAS · ONDO · ALGO · TRX · JUP · DOT · SNXX · WLD · XAU · SHIB · ETC · HYUNDAI · PEPE · BZ · HBAR · RENDER · XAG · ATOM · RKLB · OPENAI · WIF · SOXS · SMCI · EWY · ALAB · CRWD · ICP · NOK · NFLX · TSM · MVLL · GRAM · PAXG · ANTHROPIC · SAMSUNG · QCOM · LITE · LDO · AVGO · SOXL · ZAMA · NAS100 · POL · SYN · BMNR · MARSCOIN · INJ · CSCO · KORU · UVXY · FIL · BRKB · DIS · and 23 more
Questions
Is Arcus or Phemex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $4.58 on Arcus and $12.01 on Phemex right now, taker fee and order-book slippage together, so Arcus is cheaper. Taker fees: 0.0225% and 0.06%.
Which has more markets, Arcus or Phemex?
Arcus lists 60 active markets and Phemex 135; 40 assets trade on both, 20 of them stocks, commodities or other real-world assets.
Does Arcus or Phemex require KYC?
Arcus: No ID; not available in the US, Canada, the UK or sanctioned regions. Phemex: KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Can you arbitrage funding between Arcus and Phemex?
Yes: 1 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was TAO, long on Phemex and short on Arcus, with $17 left after costs.
Which is bigger, Arcus or Phemex?
24-hour volume: Arcus $582.6M, Phemex $1.04B. Open interest as each reports it: $75.0M and $1.14B. TVL: $43.8M and none published.