Phoenix vs Bitget
Bitget traded 308× Phoenix's 24-hour volume ($11.42B vs $37.1M) and holds 394× its open interest.
Head to head
the arrow points to the better figure| Phoenix | Bitget | |
|---|---|---|
| Trading | ||
| $7.54 | ◀BTC trade, $10k | $12.01 |
| $2,205 | BTC trade, $1M▶ | $1,435 |
| $4.6M | BTC book depth≈ | $5.0M |
| 0.035%/0.005% | ◀Taker / maker | 0.060%/0.020% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $37.1M | Volume 24h▶ | $11.42B |
| $50.8M | Volume, 7-day average▶ | $8.20B |
| $20.6M | Open interest▶ | $8.10B |
| — | TVL | — |
| Markets | ||
| 104 | Markets▶ | 933 |
| 50 | Stocks & RWA▶ | 418 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +1.354% | BTC longs paid, 30d | +0.575% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BGB |
| — | Airdrop | — |
Cost to trade BTC
| Size | Phoenix | Bitget |
|---|---|---|
| $1k | $0.717.1 bp | $1.2012.0 bp |
| $10k | $7.547.5 bp | $12.0112.0 bp |
| $100k | $11511.5 bp | $12012.0 bp |
| $1M | $2,20522.0 bp | $1,43514.3 bp |
| $5M | — | $8,85917.7 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 98
funding /8h · Net 7d at $10k| Asset | Phoenix | Bitget | Spread | Net 7d |
|---|---|---|---|---|
| SOL | +0.0053% | −0.0009% | +0.0062% | −$6 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$34 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$31 |
| NEAR | +0.0099% | +0.0100% | +0.0001% | −$83 |
| ETH | +0.0099% | +0.0100% | +0.0001% | −$25 |
| HYPE | +0.0102% | +0.0100% | +0.0002% | −$8 |
| LIT | −0.0552% | −0.0138% | +0.0414% | −$134 |
| BNB | +0.0100% | +0.0092% | +0.0008% | −$62 |
| PUMP | +0.0101% | +0.0074% | +0.0027% | −$31 |
| CHIP | 0.0000% | +0.0100% | +0.0100% | −$98 |
| XPL | −0.0546% | −0.0038% | +0.0508% | −$72 |
| RENDER | −0.0161% | +0.0100% | +0.0261% | — |
| ZRO | −0.0246% | −0.0018% | +0.0228% | — |
| BONK | −0.0029% | +0.0100% | +0.0129% | — |
| MON | −0.0955% | −0.0236% | +0.0719% | — |
| PEPE | +0.0102% | +0.0100% | — | — |
| XRP | 0.0000% | +0.0093% | — | — |
| SHIB | −0.0197% | −0.0048% | — | — |
| MEGA | 0.0000% | +0.0100% | — | — |
| VVV | 0.0000% | +0.0086% | +0.0086% | −$81 |
Only on Bitget: 786
SOXL · XAUT · BTW · KORU · BZ · BCH · DOT · DRAM · BGB · SOXS · INJ · ASTER · HBAR · SKHYNIX · FF · NATGAS · PAXG · OPENAI · XMR · TQQQ · ZHIPU · SOON · KAS · PENGU · ETC · MINIMAX · TRUMP · WLFI · SEI · XPT · QNT · STRC · ICP · SP500 · GRASS · ARIA · APT · ATOM · DASH · GRAM · LONGXIA · EVAA · IDOL · SNXX · ZBT · ALGO · STX · TUT · SQQQ · ETHFI · OP · WIF · TIA · SOXX · POL · PI · TAG · SAMSUNG · CAP · JCT · and 726 more
Questions
Is Phoenix or Bitget cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $7.54 on Phoenix and $12.01 on Bitget right now, taker fee and order-book slippage together, so Phoenix is cheaper. Taker fees: 0.035% and 0.06%.
Which has more markets, Phoenix or Bitget?
Phoenix lists 104 active markets and Bitget 933; 98 assets trade on both, 48 of them stocks, commodities or other real-world assets.
Does Phoenix or Bitget require KYC?
Phoenix: No ID; not available in the US or sanctioned countries. Bitget: KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Phoenix and Bitget?
Not profitably right now: none of the 98 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Phoenix or Bitget?
24-hour volume: Phoenix $37.1M, Bitget $11.42B. Open interest as each reports it: $20.6M and $8.10B.