Paradex vs Phemex: fees compared
Every fee that costs you money on Paradex and Phemex, side by side — trading fees at each VIP tier, withdrawal fees coin by coin, deposits and fiat. Sourced from each exchange’s own fee pages.
ParadexExchange
PhemexRank #51 · founded 2019The short answer
- On futures, Paradex is cheaper for takers (0–0.045% vs 0.06%).
- Phemex publishes the deeper VIP ladder (11 tiers), so high-volume traders can push fees lower there.
Head-to-head
| Fee | Paradex | Phemex |
|---|---|---|
| Trading fees | ||
| Spot / swap maker | — | 0.1% |
| Spot / swap taker | — | 0.1% |
| Futures maker | 0–0.003%cheaper | 0.01% |
| Futures taker | 0–0.045%cheaper | 0.06% |
| Lowest spot taker (top VIP tier) | 0.035%cheaperPro 4 | 0.04%Star VIP |
| Fee tiers published | 5 | 11moreSpot trading |
| Fee discount with exchange token | — | — |
| Withdrawals & deposits | ||
| Coins you can withdraw | — | — |
| Median withdrawal fee (coins on both) | — | — |
| Cheaper withdrawal on… | — | — |
| Crypto deposit fee | — | — |
| Exchange profile | ||
| Volume 24h (spot + derivatives) | $12.15MOI $9.10M | $2.48BmoreOI $2.08B |
| Markets | DEX, Derivatives | Spot, Derivativesfounded 2019 |
| Fiat currencies | — | SupportedCard |
“Cheaper” marks the better number on that row only. A dash means we have not verified that fee for the exchange yet — it is not a claim that the fee is zero.
What would you actually pay?
- Trading (Pro 1 · 0.042% / 0.042%)
- $420.00
- Withdrawals (no coin selected)
- —
- Trading (VIP 0 · 0.01% / 0.06%)
- $350.00
- Withdrawals (no coin selected)
- —
At $1M of monthly futures volume (50% maker) plus 4 coin withdrawals, Phemex costs $70.00 less per month — $840.00 a year.
Estimate only: it applies each exchange’s published VIP ladder for the market you picked, ignores token-payment discounts, referral rebates and promotional zero-fee pairs, and assumes every withdrawal uses the cheapest network above. Negative fees are maker rebates.
Spot fee tiers side by side
Paradex
No spot fee tiers verified for Paradex yet.
PhemexSpot trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| VIP 0 | — | 0.1% | 0.1% |
| VIP 1 | $800.00K | 0.09% | 0.1% |
| Pro 1 | $800.00K | 0.06% | 0.08% |
| VIP 2 | $1.80M | 0.05% | 0.07% |
| VIP 3 | $2.50M | 0.045% | 0.065% |
| VIP 4 | $4.50M | 0.04% | 0.06% |
| VIP 5 | $8.00M | 0.035% | 0.055% |
| Star VIP | $15.00M | 0% | 0.04% |
| Pro 2 | $15.00M | 0.04% | 0.06% |
| Pro 3 | $30.00M | 0.03% | 0.05% |
| Pro 4 | $100.00M | 0% | 0.045% |
Source: Phemex fee schedule ↗ · verified 2026-08-28
Futures fee tiers side by side
ParadexFutures trading — API (Pro)
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0.003% | 0.045% |
| Pro 1 | $1.00M | — | 0.042% |
| Pro 2 | $5.00M | — | 0.039% |
| Pro 3 | $10.00M | — | 0.037% |
| Pro 4 | $25.00M | — | 0.035% |
Source: Paradex fee schedule ↗ · verified 2026-08-28
PhemexFutures trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| VIP 0 | — | 0.01% | 0.06% |
| VIP 1 | $8.00M | 0.008% | 0.055% |
| Pro 1 | $8.00M | 0% | 0.0475% |
| VIP 2 | $18.00M | 0.006% | 0.05% |
| VIP 3 | $45.00M | 0.004% | 0.045% |
| VIP 4 | $85.00M | 0.002% | 0.0375% |
| Pro 2 | $100.00M | 0% | 0.045% |
| VIP 5 | $180.00M | 0.001% | 0.035% |
| Star VIP | $380.00M | 0% | 0.03% |
| Pro 3 | $380.00M | 0% | 0.035% |
| Pro 4 | $1.50B | 0% | 0.0325% |
Source: Phemex fee schedule ↗ · verified 2026-08-28
Withdrawal fees, coin by coin
We have not synced withdrawal fees for Paradex or Phemex yet — we add exchanges continuously, so check back soon.
Paradex vs Phemex — FAQ
Is Paradex or Phemex cheaper?
On futures, Paradex is cheaper for takers (0–0.045% vs 0.06%). Phemex publishes the deeper VIP ladder (11 tiers), so high-volume traders can push fees lower there.
Which has lower trading fees, Paradex or Phemex?
Paradex charges — taker / — maker on spot and 0–0.045% taker on futures at the entry tier. Phemex charges 0.1% taker / 0.1% maker on spot and 0.06% taker on futures. Across the metrics we compare, Paradex wins more of them. Both drop as your 30-day volume grows — use the calculator above to price your own volume.
Which is cheaper for withdrawals, Paradex or Phemex?
We do not yet have withdrawal fees synced for both exchanges, so we can't compare them coin by coin.
How can I pay lower fees on Paradex or Phemex?
Both exchanges also cut maker/taker rates as your 30-day volume rises — Paradex publishes 5 tiers and Phemex publishes 11 tiers. Choosing the cheapest withdrawal network matters just as much: on many coins the gap between networks is larger than the gap between exchanges.
Are these Paradex and Phemex fees up to date?
Trading fees are hand-curated from each exchange's official fee schedule and carry the date we last verified them (2026-08-28 for Paradex, 2026-08-28 for Phemex). Withdrawal fees are synced from each exchange's own API or fee page. USD amounts are recomputed at the live coin price.
Other comparisons
Trading and other fee numbers are hand-curated from each exchange’s official fee pages (linked next to every tier table) and carry the date we last verified them. Withdrawal fees are synced from each exchange’s own API or fee page; USD amounts are computed at the current live coin price, so they move with the market. Rates exclude referral rebates, promotional zero-fee pairs and regional pricing. Full detail per exchange: Paradex fees · Phemex fees.