Phoenix vs OKX
OKX traded 883× Phoenix's 24-hour volume ($32.78B vs $37.1M) and holds 332× its open interest.
Head to head
the arrow points to the better figure| Phoenix | OKX | |
|---|---|---|
| Trading | ||
| $8.30 | ◀BTC trade, $10k | $10.01 |
| $2,255 | BTC trade, $1M▶ | $1,150 |
| $4.5M | BTC book depth▶ | $11.0M |
| 0.035%/0.005% | ◀Taker / maker | 0.050%/0.020% |
| 40x | Max leverage▶ | 100x |
| Size | ||
| $37.1M | Volume 24h▶ | $32.78B |
| $50.8M | Volume, 7-day average▶ | $22.93B |
| $20.3M | Open interest▶ | $6.75B |
| — | TVL | — |
| Markets | ||
| 104 | Markets▶ | 527 |
| 50 | Stocks & RWA▶ | 232 |
| 1h | Funding paid every | 1h or 2h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +1.354% | BTC longs paid, 30d | +0.561% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $OKB |
| — | Airdrop | — |
Cost to trade BTC
| Size | Phoenix | OKX |
|---|---|---|
| $1k | $0.727.2 bp | $1.0010.0 bp |
| $10k | $8.308.3 bp | $10.0110.0 bp |
| $100k | $13013.0 bp | $10010.0 bp |
| $1M | $2,25522.6 bp | $1,15011.5 bp |
| $5M | — | $7,65915.3 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 94
funding /8h · Net 7d at $10k| Asset | Phoenix | OKX | Spread | Net 7d |
|---|---|---|---|---|
| SOL | +0.0053% | 0.0000% | +0.0053% | −$6 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$21 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$24 |
| NEAR | +0.0099% | +0.0100% | +0.0001% | −$75 |
| ETH | +0.0099% | +0.0100% | +0.0001% | −$22 |
| HYPE | +0.0102% | −0.0013% | +0.0115% | −$2 |
| LIT | −0.0552% | +0.0028% | +0.0580% | −$107 |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$30 |
| PUMP | +0.0101% | +0.0100% | +0.0001% | −$23 |
| CHIP | 0.0000% | −0.0283% | +0.0283% | −$88 |
| XPL | −0.0546% | −0.0040% | +0.0505% | −$73 |
| RENDER | −0.0161% | −0.0160% | +0.0001% | — |
| ZRO | −0.0246% | −0.0147% | +0.0099% | — |
| BONK | −0.0029% | +0.0100% | +0.0129% | — |
| MON | −0.0955% | −0.0031% | +0.0924% | — |
| PEPE | +0.0102% | +0.0100% | — | — |
| XRP | 0.0000% | +0.0100% | — | — |
| SHIB | −0.0197% | +0.0094% | — | — |
| VVV | 0.0000% | +0.0096% | +0.0096% | −$83 |
| MEGA | 0.0000% | +0.0016% | — | — |
Only on OKX: 431
SOXL · SKHYNIX · BCH · OKB · BZ · TRUMP · SOXS · KORU · ASTER · WLFI · GRAM · UNITREE · SNXX · CAP · DOT · PENGU · HBAR · LITE · ETC · POL · ICP · DRAM · TQQQ · INJ · STRK · TIA · AAOI · ATOM · PIEVERSE · EWY · GRASS · SAMSUNG · APT · BEAT · ETHFI · MUBARAK · OP · WIF · ALGO · BMNR · USELESS · ZHONGJI · ZHIPU · OPENAI · ZAMA · PENDLE · STX · AKE · XIAOMI · CXMT · ORDI · SOON · SQQQ · SAND · GRVT · CC · LDO · TRB · LAB · MINIMAX · and 371 more
Questions
Is Phoenix or OKX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.30 on Phoenix and $10.01 on OKX right now, taker fee and order-book slippage together, so Phoenix is cheaper. Taker fees: 0.035% and 0.05%.
Which has more markets, Phoenix or OKX?
Phoenix lists 104 active markets and OKX 527; 94 assets trade on both, 47 of them stocks, commodities or other real-world assets.
Does Phoenix or OKX require KYC?
Phoenix: No ID; not available in the US or sanctioned countries. OKX: Advanced verification before trading, deposits or withdrawals.
Can you arbitrage funding between Phoenix and OKX?
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 GOOGL, long on OKX and short on Phoenix, with $1 left after costs.
Which is bigger, Phoenix or OKX?
24-hour volume: Phoenix $37.1M, OKX $32.78B. Open interest as each reports it: $20.3M and $6.75B.