Aster vs Phoenix
Aster traded 61× Phoenix's 24-hour volume ($2.25B vs $37.1M) and holds 67× its open interest.
Head to head
the arrow points to the better figure| Aster | Phoenix | |
|---|---|---|
| Trading | ||
| $8.05 | BTC trade, $10k≈ | $8.30 |
| $1,242 | ◀BTC trade, $1M | $2,255 |
| $38.1M | ◀BTC book depth | $4.5M |
| 0.040%/0.000% | Taker / maker▶ | 0.035%/0.005% |
| 300x | ◀Max leverage | 40x |
| Size | ||
| $2.25B | ◀Volume 24h | $37.1M |
| $1.68B | ◀Volume, 7-day average | $50.8M |
| $1.37B | ◀Open interest | $20.3M |
| $505.4M | TVL | — |
| Markets | ||
| 599 | ◀Markets | 104 |
| 146 | ◀Stocks & RWA | 50 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.575% | BTC longs paid, 30d | +1.354% |
| Access | ||
| No ID | KYC | No ID |
| $ASTER | Token | none yet |
| Stage 5 | Airdrop | — |
Cost to trade BTC
| Size | Aster | Phoenix |
|---|---|---|
| $1k | $0.818.1 bp | $0.727.2 bp |
| $10k | $8.058.1 bp | $8.308.3 bp |
| $100k | $96.289.6 bp | $13013.0 bp |
| $1M | $1,24212.4 bp | $2,25522.6 bp |
| $5M | $10,05520.1 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 95
funding /8h · Net 7d at $10k| Asset | Aster | Phoenix | Spread | Net 7d |
|---|---|---|---|---|
| SOL | +0.0100% | +0.0053% | +0.0047% | −$23 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$24 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$22 |
| NEAR | +0.0100% | +0.0099% | +0.0001% | −$68 |
| ETH | +0.0100% | +0.0099% | +0.0001% | −$21 |
| HYPE | +0.0100% | +0.0102% | +0.0002% | −$6 |
| LIT | +0.0041% | −0.0552% | +0.0594% | −$75 |
| BNB | +0.0099% | +0.0100% | +0.0001% | −$51 |
| PUMP | +0.0100% | +0.0101% | +0.0001% | −$38 |
| XPL | +0.0100% | −0.0546% | +0.0646% | −$61 |
| RENDER | +0.0100% | −0.0161% | +0.0261% | — |
| ZRO | +0.0100% | −0.0246% | +0.0346% | — |
| BONK | +0.0100% | −0.0029% | +0.0129% | — |
| MON | −0.0048% | −0.0955% | +0.0907% | — |
| PEPE | +0.0100% | +0.0102% | — | — |
| XRP | +0.0100% | 0.0000% | — | — |
| SHIB | +0.0100% | −0.0197% | — | — |
| VVV | −0.0090% | 0.0000% | +0.0090% | −$41 |
| UNI | +0.0100% | +0.0094% | +0.0006% | −$60 |
| VIRTUAL | +0.0100% | −0.0014% | +0.0114% | — |
Only on Aster: 474
ASTER · WLFI · SKHYNIX · SOXL · KITE · GPRO · BZ · BULLA · KORU · PREDICT · SYN · IDOL · AGT · CAKE · ACN · MOONSHOT · AIN · BNC · OURA · EVAA · BIANRENSHENG · SQQQ · LYN · PAXG · JCT · ATOM · OPENAI · XMR · STRC · LUMIA · BAT · DOT · FF · PLAY · GRAM · ETC · DNA · ZEREBRO · NATGAS · B · UNITREE · LONGXIA · ESPORTS · MAGMA · XNY · EWY · BRKB · HUMA · OPG · BR · ARIA · BCH · DRAM · TRUMP · ON · BTW · INJ · UB · POL · SOON · and 414 more
Questions
Is Aster or Phoenix cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.05 on Aster and $8.30 on Phoenix right now, taker fee and order-book slippage together: about the same. Taker fees: 0.04% and 0.035%.
Which has more markets, Aster or Phoenix?
Aster lists 599 active markets and Phoenix 104; 95 assets trade on both, 45 of them stocks, commodities or other real-world assets.
Does Aster or Phoenix require KYC?
Aster: No ID to trade (the terms keep a right to limited checks); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. Phoenix: No ID; not available in the US or sanctioned countries.
Can you arbitrage funding between Aster and Phoenix?
Not profitably right now: none of the 95 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Aster or Phoenix?
24-hour volume: Aster $2.25B, Phoenix $37.1M. Open interest as each reports it: $1.37B and $20.3M. TVL: $505.4M and none published.