name: Phemex Contract Trading API Rate Limits
description: Rate limits specific to Phemex contract (perpetual) trading endpoints. Standard users get 500 requests/minute; VIP/VAPI users get 5000 requests/minute with additional per-symbol granularity.
created: '2026-06-13'
modified: '2026-06-13'
source: https://github.com/phemex/phemex-api-docs/blob/master/Public-Contract-API-en.md

group: Contract
standardLimit: 500
standardWindow: 1 minute
vipLimit: 5000
vipWindow: 1 minute
perSymbolLimit: 500
perSymbolWindow: 1 minute

endpoints:
  - path: /orders
    method: POST
    weight: 1
    description: Place order via JSON body
  - path: /orders/create
    method: PUT
    weight: 1
    description: Place order via query parameters
  - path: /orders/replace
    method: PUT
    weight: 1
    description: Amend existing order
  - path: /orders/cancel
    method: DELETE
    weight: 1
    description: Cancel single order
  - path: /orders
    method: DELETE
    weight: 1
    description: Bulk cancel orders
  - path: /orders/activeList
    method: GET
    weight: 1
    description: Query open orders
  - path: /exchange/order/list
    method: GET
    weight: 1
    description: Query closed orders
  - path: /accounts/accountPositions
    method: GET
    weight: 1
    description: Account and position data
  - path: /accounts/positions
    method: GET
    weight: 1
    description: Positions with unrealized PnL
  - path: /positions/leverage
    method: PUT
    weight: 1
    description: Set leverage

webSocket:
  url: wss://phemex.com/ws
  vipUrl: wss://vapi.phemex.com/ws
  maxConnections: 5
  maxSubscriptions: 20
  throttle: 20 requests/second
  subscriptions:
    - orderbook.subscribe
    - trade.subscribe
    - aop.subscribe
    - market24h.subscribe
    - kline.subscribe