PHEMEX

✅ Active🏛️ Centralized
🏆 Arbi.TEAM 1/10

ID: phemex

📢 Public notice: Before arbitrage on PHEMEX, re-check withdrawal fee and network status right at transfer time.

🚨 Alert notice: During volatility spikes, withdrawals may be delayed and additional account risk checks may appear.

📋 Basic information

🌍 Countryn/a

🦎 CoinGecko IDphemex

📊 Trading statistics

🪙 Coins in Arbi.TEAM594

🔗 Spreads2

📖 About exchange

PHEMEX — manual review for classic arbitrage (updated 2026-04-28).

Phemex is practical in arbitrage because even key-only APIs provide transparent withdrawal-network parameters. That reduces uncertainty in route modeling. It performs best with pre-calculated cycles and strict limits on capital kept on venue.

Profile: country n/a, founded n/a, Trust Score n/a (n/a), 24h volume n/a.

Arbitrage suitability

Limited fit; best as a secondary route leg. Arbi.TEAM score: 1/10.

Real-world user friction

User discussions most often mention support latency, repeated KYC checks, and withdrawal delays during market stress.

Reliability and incidents

Публичных сообщений о критическом невозмещенном ущербе клиентам за последнее время не обнаружено, но операционный риск централизованных бирж сохраняется.

USDT withdrawal

USDT withdrawal fees (API): ETH: 1 USDT; TRX: 1 USDT; BNB: 0.01 USDT; POL: 0.07 USDT; SOL: 0.6 USDT.

Execution checklist

Keep only operational capital on exchange.
Verify target withdrawal network right before transfer.
Model net result after fees and slippage, not raw spread only.

Links

CoinGecko

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