Hyperliquid vs Paradex perpetual futures
Hyperliquid vs Paradex: Hyperliquid taker 0.045% / maker 0.015% fees and 1h funding; Paradex UI 0 / 0; API taker 0.02% (API fee_config) fees and continuous accrual, 8h period funding. 43 assets trade on both; longs paid less funding on Hyperliquid for 3 of 43 right now.
as of 2026-10-10 14:05 UTC. source: each exchange's docs and public API, checked hourly.
rules side by side
| Hyperliquid | Paradex | |
|---|---|---|
| markets | 178 | 66 |
| funding interval | 1h | continuous accrual, 8h period |
| funding cap | 4% per hour | per market max_funding_rate (API) |
| base fees | taker 0.045% / maker 0.015% | UI 0 / 0; API taker 0.02% (API fee_config) |
| max leverage | 3-40x | 5-50x |
biggest funding gaps now (annualized)
| asset | Hyperliquid | Paradex | gap |
|---|---|---|---|
| MON | +10.9% | -23.7% | +34.6% |
| VVV | +10.9% | -16.7% | +27.6% |
| ETHFI | +10.9% | -4.5% | +15.5% |
| TRX | +9.8% | -4.9% | +14.7% |
| JUP | -40.4% | -26.2% | -14.2% |
| HYPE | +10.9% | -2.9% | +13.9% |
| BTC | -5.7% | +3.3% | -9.0% |
| PEPE | +10.9% | +2.0% | +8.9% |
| PYTH | +10.9% | +5.2% | +5.8% |
| SOL | +10.9% | +6.1% | +4.8% |
| ETH | +9.6% | +5.1% | +4.5% |
| LINK | +10.9% | +6.6% | +4.4% |
| XRP | +10.9% | +7.0% | +4.0% |
| AAVE | +10.9% | +7.3% | +3.7% |
| LIT | +10.9% | +7.7% | +3.3% |