In asymmetric retrieval systems, models with different capacities are deployed on platforms with different computational and storage resources. Despite the great progress, existing approaches still suffer from a dilemma between retrieval efficiency and asymmetric accuracy due to the low capacity of the lightweight query model. In this work, we propose an Asymmetric Feature Fusion (AFF) paradigm, which advances existing asymmetric retrieval systems by considering the complementarity among different features just at the gallery side. Specifically, it first embeds each gallery image into various features, e.g., local features and global features. Then, a dynamic mixer is introduced to aggregate these features into a compact embedding for efficient search. On the query side, only a single lightweight model is deployed for feature extraction. The query model and dynamic mixer are jointly trained by sharing a momentum-updated classifier. Notably, the proposed paradigm boosts the accuracy of asymmetric retrieval without introducing any extra overhead to the query side. Exhaustive experiments on various landmark retrieval datasets demonstrate the superiority of our paradigm.