Paradex funding rates

13 markets · paired against 26 venues

Paradex Funding Rates — live across 13 markets

PERP · 8h funding interval · paired against 26 other venues · updated every few minutes

Live annualized funding for every Paradex perpetual market Perpia scans. Right now 10 of 13 markets pay positive funding (longs pay shorts) and 3 pay negative, with a median of +7.2%. The widest delta-neutral spread involving Paradex on a market with real depth is ETH: long Paradex / short Risex at 9.0% net APR.

Markets tracked13in the snapshot
Paying positive10longs pay shorts
Median funding APR+7.2%annualized
Funding interval8hacross its markets

Paradex at a glance

venue registry
Taker fee0.000%venue default
Maker fee0.000%venue default
Volume 24h$7.9Mvenue-wide
Listed markets66OI $12.1M

Fees are the venue's published default tiers — the ones Perpia uses when a market has no per-market override. Volume and open interest are venue-wide, not per market. Paradex website ↗

Paradex funding rate history

last 30 days · annualized
48.8%0-84.9%
13 Sep21 Oct
BTCSTRKCL

Over the last 30 days BTC on Paradex averaged +8.4% annualized, ranging from +0.8% to +11.0%; funding was positive 100% of the time. Over the last 30 days STRK on Paradex averaged +10.1% annualized, ranging from +1.4% to +11.2%; funding was positive 100% of the time. Over the last 30 days CL on Paradex averaged -5.1% annualized, ranging from -75.7% to +39.5%; funding was positive 56% of the time. Rates are sampled per settlement and annualized, so venues on different intervals stay comparable. A market that spends most of its time on one side of zero is the one worth holding; a rate that crosses zero often pays only while you watch it.

Highest funding on Paradex

longs pay shorts
Markets with the highest annualized funding on Paradex
MarketFunding APRInterval
MSTR+22.0%8h
ETH+10.9%8h
TAO+10.9%8h
STRK+10.8%8h
BTC+10.8%8h
ZEC+10.0%8h
AVAX+7.2%8h
SOL+4.3%8h
HYPE+2.8%8h
JUP+1.8%8h
CL-2.9%8h
AAVE-8.0%8h

Most negative funding on Paradex

shorts pay longs
Markets with the most negative annualized funding on Paradex
MarketFunding APRInterval
MU-32.6%8h
AAVE-8.0%8h
CL-2.9%8h
JUP+1.8%8h
HYPE+2.8%8h
SOL+4.3%8h
AVAX+7.2%8h
ZEC+10.0%8h
BTC+10.8%8h
STRK+10.8%8h
TAO+10.9%8h
ETH+10.9%8h

Best Paradex funding spreads

96 pairs scanned · net of fees
MarketLongShortNet APRThin leg volMax size
ZECExtendedParadex38.6%$42K—
BTCVestParadex38.3%$830K—
CLBitgetParadex34.4%$113K—
CLOKXParadex32.0%$113K—
CLAsterParadex30.8%$113K—
STRKVariationalParadex26.7%$133K—
STRKOKXParadex26.5%$133K—
MUParadexOstium25.3%——
ZECBingXParadex20.5%$42K—
CLVariationalParadex20.3%$113K—
STRKBybitParadex20.2%$133K—
ZECBitgetParadex20.1%$42K—

Net APR is the gross funding spread minus entry and exit fees, both legs' bid/ask spread and estimated slippage. “Max size” is shown only where real order-book depth was available; a dash means the cap is a placeholder, not a measurement.

Paradex versus other exchanges

most shared markets first

The exchanges Paradex currently shares the most markets with. Each pair has its own page with the live spread between the two.

Paradex funding — FAQ

What is the funding rate on Paradex right now?

Across the 13 Paradex perpetual markets Perpia tracks, the median annualized funding is +7.2%. 10 markets currently pay positive funding (longs pay shorts) and 3 pay negative. The highest is MSTR at +22.0%.

How often does Paradex pay funding?

Paradex settles funding every 8 hours on all 13 markets tracked here. Perpia annualizes the rate so it is comparable with venues on other intervals.

What is the best Paradex funding arbitrage right now?

Long Paradex and short Risex on ETH, worth about 9.0% net APR after estimated fees — the widest delta-neutral spread involving Paradex on a market with at least $1M of 24h volume on the smaller leg in the current snapshot.

How to read a venue funding rate

Funding is a recurring payment between the long and short side of a perpetual, set by each venue from its own perp-versus-spot basis. A positive rate means longs pay shorts. Because every exchange computes it independently — different intervals, clamps and premium windows — the same market can pay positive funding here and negative elsewhere, which is what a delta-neutral funding trade harvests. Perpia annualizes every rate so venues on 1h, 4h and 8h intervals are directly comparable. See the methodology for the exact calculation.