Perpetual Trading
Phemex lists BTC/USD, ETH/USD, XRP/USD, and other perpetual contracts. Makers that post quotes on the Phemex order book get rebates for each execution. Takers that take away liquidity from our order book are charged for each execution. Funding fees are charged or issued between long and short positions every 8 hours. Phemex does not charge any capital or overnight fees.
Symbol
Quotation and settlement
Fee Rate
Margin and leverage
Margin
Minimum Price Increment
BTC/USD
Settled in BTC, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-100x
Initial Margin:1%+
Maint. Margin:0.5%+
0.5 USD
ETH/USD
Settled in USD, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-20x
Initial Margin:5%+
Maint. Margin:1%+
0.05 USD
XRP/USD
Settled in USD, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-20x
Initial Margin:5%+
Maint. Margin:1%+
0.0001 USD
LINK/USD
Settled in USD, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-20x
Initial Margin:5%+
Maint. Margin:1%+
0.001 USD
XTZ/USD
Settled in USD, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-20x
Initial Margin:5%+
Maint. Margin:1%+
0.001 USD
LTC/USD
Settled in USD, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-20x
Initial Margin:5%+
Maint. Margin:1%+
0.01 USD
GOLD/USD
Settled in USD, quoted in USD
Taker：0.075%
Maker：-0.025%
Cross and 1-100x
Initial Margin:1%+
Maint. Margin:0.5%+
0.05 USD
Note: Phemex reserves all rights to list new contracts and delist old contracts. Clients will be notified.
