Volume 24h$36.9M
Open interest$24.1M
Markets82
Max leverage40x
BTC funding /8h+0.0126%
BTC paid 30d+0.104%10d
Before you deposit
| Data | Live | updated 13:58 UTC from the exchange API |
| Liquidity | Medium | $24.1M open interest |
| Real volume | Normal | volume is 1.5x open interest a day |
| Book depth | Thin | $4.2M within ±0.5% of the BTC price, both sides |
| KYC | None | on-chain, you keep custody |
Markets
82 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| BTC BTC | 85,476 | +0.0126% | 1h | $1.8M | $10.3M | 40x |
| XAURWA GOLD | 4,351 | +0.0141% | 1h | $52K | $44K | 25x |
| ETH ETH | 2,734 | +0.0061% | 1h | $1.4M | $2.5M | 25x |
| SNDKRWA SNDK | 1,797.2 | 0.0000% | 1h | $280K | $24K | 15x |
| ASMLRWA ASML | 1,686.6 | +0.0141% | 1h | $6K | $12K | 10x |
| ZEC ZEC | 1,537.1 | +0.0208% | 1h | $5.1M | $1.3M | 10x |
| LLYRWA LLY | 1,161.7 | +0.0488% | 1h | $1K | $6K | 10x |
| MURWA MU | 1,051.7 | +0.0309% | 1h | $532K | $153K | 15x |
| BNB BNB | 791.20 | +0.0123% | 1h | $169K | $87K | 10x |
| SPYRWA SPY | 767.11 | −0.0084% | 1h | $191K | $229K | 20x |
| QQQRWA QQQ | 732.12 | −0.0066% | 1h | $79K | $20K | 20x |
| METARWA META | 706.03 | +0.0211% | 1h | $228K | $145K | 20x |
| AMDRWA AMD | 606.95 | +0.0041% | 1h | $2K | $38K | 10x |
| DELLRWA DELL | 568.86 | +0.0522% | 1h | $3K | $60K | 10x |
| MSFTRWA MSFT | 495.13 | +0.0032% | 1h | $10K | $15K | 20x |
About Phoenix
Phoenix is a decentralized perpetual futures exchange on Solana. It lists 82 active markets, traded $36.9M in the last 24 hours and holds $24.1M in open interest, #31 among the perp DEXs we track.
Funding settles every 1h. BTC longs pay +0.0126% /8h right now and paid 0.104% over the last 10 days (tracked since then).
Key facts
Funding arb here
all| ZEC | short here, ApeX Omni | +0.0976% | +$77 |
| NEAR | short here, MEXC | +0.0651% | +$45 |
| SOL | short here, ApeX Omni | +0.0125% | +$44 |
| TSLA | short here, Lighter RH | +0.0357% | +$27 |
| BTC | long here, Hibachi | +0.0138% | +$21 |
Price arb here
all| BTC | long here, Bulk | +0.353% | +$27 |
| SOL | long here, Lighter RH | +0.203% | +$24 |
| ETH | long here, Bulk | +0.173% | +$12 |
| ZEC | long here, Nado | +0.227% | +$9 |
| NEAR | long here, Hyperliquid | +0.022% | −$25 |
Changes
listings, fees, intervalsNone since 2026-09-18.