Arcus vs Phemex
Phemex traded 1.7× Arcus's 24-hour volume ($1.07B vs $619.3M) and holds 16× its open interest.
Head to head
the arrow points to the better figure| Arcus | Phemex | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $12.01 |
| $680 | ◀BTC trade, $1M | $1,572 |
| $3.5M | BTC book depth▶ | $48.8M |
| 0.022%/0.000% | ◀Taker / maker | 0.060%/0.010% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $619.3M | Volume 24h▶ | $1.07B |
| $460.8M | Volume, 7-day average▶ | $759.8M |
| $73.0M | Open interest▶ | $1.13B |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 135 |
| 36 | Stocks & RWA▶ | 70 |
| 1h | Funding paid every | 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0091% |
| — | BTC longs paid, 30d | +0.372% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Arcus | Phemex |
|---|---|---|
| $1k | $0.454.5 bp | $1.2012.0 bp |
| $10k | $4.514.5 bp | $12.0112.0 bp |
| $100k | $48.744.9 bp | $12712.7 bp |
| $1M | $6806.8 bp | $1,57215.7 bp |
| $5M | — | $14,32128.6 bp |
SOL funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 40
funding /8h · Net 7d at $10k| Asset | Arcus | Phemex | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0091% | +0.0009% | −$8 |
| ETH | +0.0100% | +0.0055% | +0.0045% | −$2 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$22 |
| HYPE | +0.0100% | −0.0075% | +0.0175% | −$38 |
| ZEC | +0.0100% | +0.0098% | +0.0002% | −$17 |
| NEAR | +0.0372% | −0.0158% | +0.0530% | −$28 |
| ENA | +0.0576% | +0.0100% | +0.0476% | −$23 |
| LIT | +0.0266% | +0.0100% | +0.0166% | −$32 |
| PUMP | +0.0100% | −0.0286% | +0.0386% | −$31 |
| BNB | +0.0100% | 0.0000% | +0.0100% | −$16 |
| LINK | +0.0100% | +0.0256% | +0.0156% | −$28 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$59 |
| PONS | +0.0100% | +0.0100% | 0.0000% | −$149 |
| TAO | +0.0100% | −0.0366% | +0.0466% | +$10 |
| XRP | +0.0100% | −0.0144% | +0.0244% | −$21 |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$57 |
| SUI | +0.0100% | +0.0082% | +0.0018% | −$17 |
| AAVE | +0.0100% | +0.0100% | 0.0000% | −$46 |
| USELESS | +0.0547% | +0.0100% | +0.0447% | −$39 |
| PENGU | +0.0100% | +0.0100% | 0.0000% | −$106 |
Only on Arcus: 20
GLD · USO · AMZN · SLV · FARTCOIN · GME · CASHCAT · USAR · PLTR · ORCL · BABA · CRWV · BOT · BE · MRVL · CPER · COIN · DYDX · QNT · WLFI
Only on Phemex: 83
ADA · AVAX · LTC · XLM · BCH · ONDO · ARB · COPPER · NATGAS · TRX · ALGO · JUP · DOT · SNXX · WLD · XAU · SHIB · ETC · PEPE · HYUNDAI · BZ · HBAR · RENDER · XAG · RKLB · ATOM · SOXS · OPENAI · EWY · SMCI · ICP · WIF · CRWD · ALAB · NFLX · NOK · TSM · LITE · ANTHROPIC · PAXG · GRAM · SAMSUNG · MVLL · QCOM · LDO · AVGO · ZAMA · NAS100 · SOXL · BMNR · POL · CSCO · SYN · INJ · MARSCOIN · FIL · KORU · UVXY · BRKB · DIS · and 23 more
Questions
Is Arcus or Phemex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $4.51 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 $10 left after costs.
Which is bigger, Arcus or Phemex?
24-hour volume: Arcus $619.3M, Phemex $1.07B. Open interest as each reports it: $73.0M and $1.13B. TVL: $43.8M and none published.