StandX vs Phemex
StandX and Phemex traded about the same in the last 24 hours ($380.5M and $403.6M).
Head to head
the arrow points to the better figure| StandX | Phemex | |
|---|---|---|
| Trading | ||
| $13.29 | BTC trade, $10k≈ | $12.01 |
| $1,551 | BTC trade, $1M≈ | $1,638 |
| $7.8M | BTC book depth▶ | $47.3M |
| 0.040%/0.010% | ◀Taker / maker | 0.060%/0.010% |
| 40x | Max leverage▶ | 150x |
| Size | ||
| $380.5M | Volume 24h≈ | $403.6M |
| $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 | $1.3113.1 bp | $1.2012.0 bp |
| $10k | $13.2913.3 bp | $12.0112.0 bp |
| $100k | $13613.6 bp | $13013.0 bp |
| $1M | $1,55115.5 bp | $1,63816.4 bp |
| $5M | $9,03318.1 bp | $20,48441.0 bp |
HYPE funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 11
funding /8h · Net 7d at $10k| Asset | StandX | Phemex | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0012% | +0.0088% | −$11 |
| ETH | +0.0100% | +0.0036% | +0.0064% | −$12 |
| SOL | +0.0100% | +0.0058% | +0.0042% | −$18 |
| BNB | 0.0000% | +0.0312% | +0.0312% | −$28 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$68 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$75 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$51 |
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 · INJ · and 62 more
Questions
Is StandX or Phemex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $13.29 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 $380.5M, Phemex $403.6M. 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.