StandX vs Phemex
StandX and Phemex traded about the same in the last 24 hours ($380.8M and $403.5M).
Head to head
the arrow points to the better figure| StandX | Phemex | |
|---|---|---|
| Trading | ||
| $11.83 | BTC trade, $10k≈ | $12.01 |
| $1,620 | BTC trade, $1M≈ | $1,638 |
| $7.7M | BTC book depth▶ | $47.3M |
| 0.040%/0.010% | ◀Taker / maker | 0.060%/0.010% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $380.8M | Volume 24h≈ | $403.5M |
| $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 | +0.0012% |
| +0.743% | 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 | $0.848.4 bp | $1.2012.0 bp |
| $10k | $11.8311.8 bp | $12.0112.0 bp |
| $100k | $13413.4 bp | $13013.0 bp |
| $1M | $1,62016.2 bp | $1,63816.4 bp |
| $5M | $9,89019.8 bp | $20,48441.0 bp |
ETH 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 |
|---|---|---|---|---|
| XAU | +0.0040% | 0.0000% | +0.0040% | −$82 |
| XAG | +0.0040% | +0.0543% | +0.0503% | −$27 |
| SPCX | 0.0000% | +0.0050% | +0.0050% | −$31 |
| TSLA | 0.0000% | 0.0000% | 0.0000% | −$52 |
Only on Phemex: 122
DOGE · ETHUSDC · XRP · BTCUSDC · ADA · AVAX · LTC · LINK · SUI · XLM · BCH · AAVE · ARB · COPPER · ALGO · TAO · ONDO · TRX · JUP · NEAR · DOT · MSTR · SNXX · GOOGL · SOLUSDC · ETC · HYUNDAI · PEPE · NVDA · HBAR · WLD · AAPL · AAVEUSDC · KORU · LINKUSDC · SHIB · MSFT · AVAXUSDC · GRAM · SUIUSDC · LIT · META · SAMSUNG · LITE · RENDER · ENA · WIF · ICP · EWY · RKLB · ATOM · INTC · XRPUSDC · ZAMA · CRWD · SKHY · MVLL · ALAB · SMCI · SOXL · and 62 more
Questions
Is StandX or Phemex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $11.83 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 $380.8M, Phemex $403.5M. 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.