StandX vs Phemex
StandX and Phemex traded about the same in the last 24 hours ($366.2M and $406.1M).
Head to head
the arrow points to the better figure| StandX | Phemex | |
|---|---|---|
| Trading | ||
| $12.83 | BTC trade, $10k≈ | $12.01 |
| $1,575 | BTC trade, $1M≈ | $1,548 |
| $7.5M | BTC book depth▶ | $48.4M |
| 0.040%/0.010% | ◀Taker / maker | 0.060%/0.010% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $366.2M | Volume 24h≈ | $406.1M |
| $380.2M | Volume, 7-day average▶ | $801.5M |
| $43.8Mlongs + shorts | Open interest | $1.21Bone side |
| $26.2M | TVL | — |
| Markets | ||
| 13 | Markets▶ | 133 |
| 6 | Stocks & RWA▶ | 67 |
| 1h | Funding paid every | 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0023% |
| +0.741% | BTC longs paid, 30d | +0.367% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | StandX | Phemex |
|---|---|---|
| $1k | $1.2712.8 bp | $1.2012.0 bp |
| $10k | $12.8312.8 bp | $12.0112.0 bp |
| $100k | $14014.0 bp | $12512.5 bp |
| $1M | $1,57515.8 bp | $1,54815.5 bp |
| $5M | $9,33718.7 bp | $18,26036.5 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 11
funding /8h · Net 7d at $10k| Asset | StandX | Phemex | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0023% | +0.0077% | −$11 |
| ETH | +0.0100% | +0.0032% | +0.0068% | −$12 |
| SOL | +0.0100% | +0.0067% | +0.0033% | −$21 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$57 |
| BNB | 0.0000% | +0.0333% | +0.0333% | −$29 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$64 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$47 |
Only on Phemex: 122
DOGE · ETHUSDC · BTCUSDC · XRP · ADA · AVAX · LTC · LINK · SUI · XLM · BCH · AAVE · ARB · COPPER · ALGO · TRX · TAO · ONDO · JUP · NEAR · DOT · SNXX · MSTR · GOOGL · SOLUSDC · PEPE · HYUNDAI · ETC · NVDA · HBAR · AAPL · WLD · AAVEUSDC · KORU · LINKUSDC · SHIB · MSFT · AVAXUSDC · GRAM · LIT · SUIUSDC · META · SAMSUNG · LITE · ENA · RENDER · WIF · ICP · EWY · RKLB · INTC · XRPUSDC · ATOM · CRWD · ZAMA · SKHY · MVLL · SMCI · ALAB · AMD · and 62 more
Questions
Is StandX or Phemex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $12.83 on StandX and $12.01 on Phemex right now, taker fee and order-book slippage together: about the same. Taker fees: 0.04% and 0.06%.
Which has more markets, StandX or Phemex?
StandX lists 13 active markets and Phemex 133; 11 assets trade on both, 4 of them stocks, commodities or other real-world assets.
Does StandX or Phemex require KYC?
StandX: No ID to trade (KYC only to mint or redeem DUSD directly); not for the US, the UK, Russia or sanctioned countries. Phemex: KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Can you arbitrage funding between StandX and Phemex?
Not profitably right now: none of the 11 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, StandX or Phemex?
24-hour volume: StandX $366.2M, Phemex $406.1M. Open interest as each reports it: $43.8M and $1.21B. StandX reports open interest as longs plus shorts, both sides of every position; Phemex reports one side. For the same positions StandX's figure reads about twice as large. TVL: $26.2M and none published.