Phemex
cexMaker 0.01% · Taker 0.06%
Best pair here now
Per-asset breakdown
Daily average of the venue rolling 24h figures, through the last complete day — so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split · hover or click an asset to spotlight it · click a legend chip to hide it.
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ | Next funding | ||
|---|---|---|---|---|---|---|---|---|
| $2,672.17 | -0.33% | +6.46% | +5.92% | 8h | $254.2M | $33.7M | — | |
| $84,277 | +0.23% | +5.13% | +4.63% | 8h | $199.9M | $151.2M | — | |
| $0.0958 | -0.58% | +10.96% | +9.03% | 8h | $85.2M | $11.2M | — | |
| $775.77 | +0.53% | +0.00% | +3.27% | 8h | $66.8M | $26.3M | — | |
| $1.5069 | -0.80% | +10.96% | +9.88% | 8h | $56.6M | $19.7M | — | |
| $0.252 | +0.04% | +10.96% | +10.57% | 8h | $51.4M | $3.9M | — | |
| $121.37 | +0.36% | -4.79% | +7.25% | 8h | $47.5M | $47.8M | — | |
| $10.777 | +0.33% | +10.96% | +9.38% | 8h | $29.6M | $3.9M | — | |
| $9.589 | -0.26% | +10.96% | +10.95% | 8h | $28.2M | $4.3M | — | |
| $70.66 | -1.59% | +10.96% | +11.05% | 8h | $23.3M | $7.9M | — |
Click an asset to view market overview · Funding rates update every 60s
Best exchange pairs for Phemex
Head-to-head pages with the funding setups between the two venues, ranked by what they paid after costs.
About Phemex funding & fees
Phemex is a centralized perpetual futures exchange tracked live on ORBIT, listing 120 perpetual markets, $1.08B total open interest, $485.0M in 24h volume. Average funding across its markets is +6.75% annualized. ORBIT compares Phemex's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Phemex charges 0.06% taker and 0.01% maker fees on perpetuals. Via the ORBIT referral you also get: 0.01% maker / 0.06% taker. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Phemex's native token PT is already live. Funding-rate incentives on listed-token venues are usually steadier than pre-TGE points, which makes Phemex a reliable leg for delta-neutral pairs.
To run funding arbitrage with Phemex, find an asset whose funding here diverges from another venue on the Funding Screener, then verify the pair in the backtester. Its most active markets right now include ETH (+6.46%), BTC (+5.13%), DOGE (+10.96%).
Frequently asked questions
- What are Phemex trading fees?
- Phemex charges 0.06% taker and 0.01% maker on perpetual futures. ORBIT referral perk: 0.01% maker / 0.06% taker. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Phemex a CEX or DEX?
- Phemex is a centralized perpetual futures exchange. It is a custodial centralized venue, typically with the deepest liquidity.
- Does Phemex have a token?
- Phemex's token PT is already live. Its major points-farming airdrop has concluded, so funding incentives are the main ongoing edge here.
- How do I arbitrage funding rates on Phemex?