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Rank #13 of 13 by volume

Phemex

SpotFuturesCentralized · Founded 2019 · Samoa

Perp focused exchange with a simple interface.

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Total volume 24h
$1.88B
Spot volume
$769.01M
Futures volume
$1.11B
Open interest
$2.23B

Spot

Volume 24h
$769.01M
Trust score
7
Trust rank
#60

Futures

Volume 24h
$1.11B
Open interest
$2.23B
Perpetual pairs
147
Maker fee
0.01%
Taker fee
0.06%
Max leverage
n/a
Fee rebate
n/a

Futures volume history

14.3K BTC15.4K BTC16.4K BTC21:4400:30

24h futures volume in BTC as reported to CoinGecko, sampled every 15 minutes since we started tracking.

Liquidity, BTC perpetual

Spread
0.01 bp
Slippage, $1M buy
3.69 bp
Slippage, $1M sell
0.46 bp
Funding, 8h
0.0035%
Measured
2026-10-31 00:30 UTC

Read from the public BTC/USDT perpetual order book, median of three samples. Slippage is how much worse than the mid price a $1M market order fills; lower is better. 1 bp is 0.01%.

Data updated 2026-10-31 00:30 UTC. Volume and open interest are reported by the exchange via CoinGecko and can be inflated.

Futures fees are base tier and not verified yet. Check the exchange before you trade.