Phemex vs Ourbit

A terminal against an ecosystem: Phemex is stronger at trading itself, Ourbit at everything around it.

Puffit editorial · · about authorship and sources

Compared by the numbers

Measured at the venues, not taken from their marketing. Volume stays out of the table: no two exchanges count it the same way, and a shared number nobody defines helps no one.

PhemexPhemex OurbitOurbit
USDT pairs1491,400
Futures contracts129766
Networks for USDT——
Cheapest USDT withdrawal——
P2P currencies in our scanner——

In short: the difference

Phemex is a derivatives terminal. On the market since 2019, jurisdiction: Samoa.

Ourbit is an exchange with services around the trading. .

What Phemex gives you

The rival’s service list is wide, yet Phemex wins on other things: A derivatives venue founded by people from bank trading desks. A hundred and fifty spot pairs and a hundred and twenty perpetuals, each with its own funding rate. There is savings, copy trading and trading bots. The book is even and the data is served openly, which makes its prices sound to compare with other venues.

Strong sides: an even book, open data, the funding interval stated per contract.

What Ourbit gives you

Next to a derivatives terminal, Ourbit answers with something else: A venue that calls itself a SuperCEX and bets on breadth: fifteen hundred spot pairs against USDT and over seven hundred perpetual contracts, each publishing its funding rate and mark price. Listings are quick, with plenty of fresh and meme coins. Data is served openly and in full — spot with best quotes, and contracts — which makes its prices sound to compare with other venues.

Strong sides: 1500+ USDT pairs and 700+ contracts, best quotes and rates served as one list, fast listings of new coins.

What decides it

  • Strengths side by side. Phemex: an even book, open data, the funding interval stated per contract; Ourbit: 1500+ USDT pairs and 700+ contracts, best quotes and rates served as one list, fast listings of new coins.
  • Which job. Phemex is as an additional venue in cross-exchange routes and funding, while Ourbit is as an early-listing venue and a leg in cross-venue routes.
  • Worth remembering. Phemex: a narrow listing next to the Asian venues. Ourbit: the network and withdrawal-fee directory sits behind a key, so we do not show a transfer status for it.

Which one fits you

Phemex — as an additional venue in cross-exchange routes and funding.

Ourbit — as an early-listing venue and a leg in cross-venue routes.

What people ask most

Phemex: How many pairs and contracts does Phemex have? Around a hundred and fifty USDT spot pairs and a hundred and twenty-three perpetuals. It is one of the smaller venues we cover.

Phemex: Why is Phemex absent from your transfers section? It publishes the network list but not withdrawal fees — its directory has no field about cost at all. Showing networks without the price of moving is pointless.

Phemex: Why do Phemex prices look strange in its API? They are served as scaled integers: 160700000 at a scale of eight is 1.607. The scale differs per market and lives in the product directory.

Ourbit: How many pairs and contracts does Ourbit have? By our measurements around fifteen hundred spot pairs against USDT and over seven hundred perpetual contracts. The figures are live and refresh with the data.

Ourbit: What is Ourbit’s funding interval? Most often eight hours, and the exchange states it per contract along with the next payout time, so we annualise from the real interval.

Ourbit: Does Ourbit take part in your arbitrage sections? Yes, all of them: spot, futures, funding, triangular routes and stablecoins. The exchange serves best quotes with sizes in one list, so we can compute both the spread and the execution ceiling.

Both at once

You do not have to pick one. Two accounts give you a fallback when the coin or network you need exists only on the other venue. Spot and earn stay on the ecosystem, contracts on the terminal. Moving between them costs pennies on the right network.

Live numbers

Everything in the table above is recomputed together with the rest of the site — pairs, contracts, P2P, networks and the withdrawal fee. Phemex and Ourbit can be compared on facts rather than promises.

What the numbers say

Ourbit gives 9.4× the choice on spot: 1,400 USDT pairs against 149. Ourbit carries more perpetuals: 766 where the other has 129. The USDT withdrawal cost is absent from open data for both Phemex and Ourbit. That is their disclosure choice rather than a gap in our collection: neither reference carries a fee field at all.

Snapshot from 31 October 2026; on the page the figures refresh on every visit.

Phemex ↗Ourbit ↗

Frequently asked

Ourbit or Phemex — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

Other comparisons and walkthroughs

Binance vs PhemexAn all-rounder against a terminal: Binance has the deeper book and wider service set, Phemex the smoother contract trading.Binance vs OurbitTwo full ecosystems. Binance is stronger at the core — book and P2P; Ourbit is more interesting around the trading itself.Bybit vs PhemexBybit and Phemex play the same game. The difference shows up in transfer costs and in where a position is calmer to hold.Bybit vs OurbitBybit is built for contracts; Ourbit also covers earn, bots and launches. It comes down to what you need more often.OKX vs PhemexPhemex is built for contracts; OKX also covers earn, bots and launches. It comes down to what you need more often.OKX vs OurbitOKX and Ourbit are two ecosystems of the same class. The choice usually turns on a detail: withdrawal price, interface, or a coin the other one lacks.Bitget vs PhemexA terminal against an ecosystem: Phemex is stronger at trading itself, Bitget at everything around it.Bitget vs OurbitBitget and Ourbit are built alike: spot, futures, earn, bots. The difference is in the emphasis and shows only up close.How to trade on PhemexA derivatives venue founded by bank derivatives traders: a fast engine, a tidy listing and an exact funding interval per contract.How to trade on OurbitA wide-listing venue with open data: both spot and contracts are served in full, without keys.