Paragon funding rates

15 markets · paired against 16 venues

Paragon Funding Rates — live across 15 markets

PERP · 1h funding interval · paired against 16 other venues · updated every few minutes

Live annualized funding for every Paragon perpetual market Perpia scans. Right now 9 of 15 markets pay positive funding (longs pay shorts) and 6 pay negative, with a median of +6.6%. The widest delta-neutral spread involving Paragon is LRCX: long Paragon / short KuCoin at 246.6% net APR.

Markets tracked15in the snapshot
Paying positive9longs pay shorts
Median funding APR+6.6%annualized
Funding interval1hacross its markets

Paragon at a glance

venue registry
Taker fee0.045%venue default
Maker fee0.015%venue default
Volume 24h$3.9Mvenue-wide
Listed markets23OI $15.3M

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.

Highest funding on Paragon

longs pay shorts
Markets with the highest annualized funding on Paragon
MarketFunding APRInterval
ANSEM+130.6%1h
CRDO+100.3%1h
UNITREE+64.5%1h
RDDT+29.0%1h
VST+28.9%1h
SMCI+22.4%1h
AVGO+8.4%1h
TER+6.6%1h
IREN+6.6%1h
CRWD-2.4%1h
GLW-33.5%1h
CIEN-45.0%1h

Most negative funding on Paragon

shorts pay longs
Markets with the most negative annualized funding on Paragon
MarketFunding APRInterval
LRCX-251.6%1h
TTWO-191.8%1h
COHR-114.4%1h
CIEN-45.0%1h
GLW-33.5%1h
CRWD-2.4%1h
IREN+6.6%1h
TER+6.6%1h
AVGO+8.4%1h
SMCI+22.4%1h
VST+28.9%1h
RDDT+29.0%1h

Best Paragon funding spreads

58 pairs scanned · net of fees
MarketLongShortNet APRThin leg volMax size
LRCXParagonKuCoin246.6%$38K
LRCXParagonBitget237.6%$38K
LRCXParagonOKX237.5%$38K
LRCXParagonBybit236.8%$38K
LRCXParagonGate.io234.6%$38K
TTWOParagonKuCoin172.3%$22K
TTWOParagonVariational168.0%$17K
TTWOParagonOKX157.8%$22K
TTWOParagonBybit156.8%$22K
TTWOParagonGate.io155.6%$14K
TTWOParagonBitget153.2%$22K
COHRParagonKuCoin118.5%$391K

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.

Paragon versus other exchanges

most shared markets first

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

Paragon funding — FAQ

What is the funding rate on Paragon right now?

Across the 15 Paragon perpetual markets Perpia tracks, the median annualized funding is +6.6%. 9 markets currently pay positive funding (longs pay shorts) and 6 pay negative. The highest is ANSEM at +130.6%.

How often does Paragon pay funding?

Paragon settles funding every 1 hours on all 15 markets tracked here. Perpia annualizes the rate so it is comparable with venues on other intervals.

What is the best Paragon funding arbitrage right now?

Long Paragon and short KuCoin on LRCX, worth about 246.6% net APR after estimated fees — the widest delta-neutral spread involving Paragon 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.