Head to head
the arrow points to the better figure| Extended | Phemex | |
|---|---|---|
| Trading | ||
| $7.01 | ◀BTC trade, $10k | $12.01 |
| $850 | ◀BTC trade, $1M | $1,579 |
| $11.2M | BTC book depth▶ | $49.2M |
| 0.025%/0.000% | ◀Taker / maker | 0.060%/0.010% |
| 100x | Max leverage▶ | 150x |
| Size | ||
| $489.5M | Volume 24h▶ | $759.2M |
| $427.8M | Volume, 7-day average▶ | $739.5M |
| $203.3Mlongs + shorts | Open interest | $1.25Bone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 133 |
| 130 | ◀Stocks & RWA | 70 |
| 1h | Funding paid every | 4h or 8h |
| +0.0024% | BTC funding /8h | +0.0029% |
| +0.688% | BTC longs paid, 30d | +0.374% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Extended | Phemex |
|---|---|---|
| $1k | $0.545.4 bp | $1.3413.4 bp |
| $10k | $5.375.4 bp | $13.5613.6 bp |
| $100k | $53.685.4 bp | $13713.7 bp |
| $1M | $1,00910.1 bp | $2,08920.9 bp |
| $5M | $13,75927.5 bp | $14,71729.4 bp |
PUMP funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 95
funding /8h · Net 7d at $10k| Asset | Extended | Phemex | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0024% | +0.0029% | +0.0005% | −$23 |
| ETH | +0.0104% | +0.0037% | +0.0067% | −$11 |
| HYPE | +0.0104% | +0.0100% | +0.0004% | −$48 |
| SOL | +0.0096% | +0.0100% | +0.0004% | −$19 |
| NEAR | +0.0016% | +0.0100% | +0.0084% | −$51 |
| ZEC | +0.0104% | +0.0100% | +0.0004% | −$38 |
| XRP | +0.0104% | +0.0100% | +0.0004% | −$20 |
| JUP | +0.0104% | +0.0100% | +0.0004% | −$119 |
| BNB | +0.0104% | +0.0079% | +0.0025% | −$17 |
| LIT | +0.0104% | +0.0100% | +0.0004% | −$28 |
| PUMP | +0.0104% | +0.0080% | +0.0024% | −$19 |
| SUI | +0.0064% | +0.0100% | +0.0036% | −$39 |
| GRAM | +0.0104% | +0.0100% | +0.0004% | −$149 |
| AAVE | +0.0104% | +0.0100% | +0.0004% | −$51 |
| ENA | +0.0104% | +0.0100% | +0.0004% | −$46 |
| LTC | +0.0104% | +0.0100% | +0.0004% | −$46 |
| ADA | +0.0104% | +0.0100% | +0.0004% | −$18 |
| TAO | +0.0104% | −0.0120% | +0.0224% | −$25 |
| FIL | +0.0088% | +0.0100% | +0.0012% | −$51 |
| LINK | +0.0104% | +0.0152% | +0.0048% | +$18 |
Only on Extended: 231
EUR · SP500 · XMR · ZRO · JTO · XAUT · AMZN · XPL · SHOP · ASTER · USDJPY · PLTR · CASHCAT · AERO · GRASS · STX · S · MON · CHIP · CRV · UNITREE · ORCL · MORPHO · WLFI · STRK · MEGA · FARTCOIN · COIN · APT · PURR · GRVT · CBRS · DELL · TIA · ETHFI · TTWO · EIGEN · XPT · KAITO · VIRTUAL · CHZ · SEI · JASMY · DASH · TXN · FET · BE · AZTEC · KSM · AKT · ADI · SAGA · BONK · QNT · OP · JP225 · SPX · TER · ORCA · AMAT · and 171 more
Questions
Is Extended or Phemex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $7.01 on Extended and $12.01 on Phemex right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.025% and 0.06%.
Which has more markets, Extended or Phemex?
Extended lists 307 active markets and Phemex 133; 95 assets trade on both, 45 of them stocks, commodities or other real-world assets.
Does Extended or Phemex require KYC?
Extended: No ID (only transaction screening and third-party on-ramps); not for the US, UK, Canada, Hong Kong, Russia or sanctioned countries. Phemex: KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Can you arbitrage funding between Extended 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 LINK, long on Extended and short on Phemex, with $18 left after costs.
Which is bigger, Extended or Phemex?
24-hour volume: Extended $489.5M, Phemex $759.2M. Open interest as each reports it: $203.3M and $1.25B. Extended reports open interest as longs plus shorts, both sides of every position; Phemex reports one side. For the same positions Extended's figure reads about twice as large. TVL: $119.2M and none published.