Paradex vs Bybit perpetual futures

Paradex vs Bybit: Paradex UI 0 / 0; API taker 0.02% (API fee_config) fees and continuous accrual, 8h period funding; Bybit non-VIP taker 0.055% / maker 0.02% fees and per market fundingInterval (API; 8h default, 1h/2h/4h on volatile markets) funding. 59 assets trade on both; longs paid less funding on Paradex for 27 of 59 right now.

as of 2026-10-10 15:07 UTC. source: each exchange's docs and public API, checked hourly.

rules side by side

ParadexBybit
markets66858
funding intervalcontinuous accrual, 8h periodper market fundingInterval (API; 8h default, 1h/2h/4h on volatile markets)
funding capper market max_funding_rate (API)per market upper/lowerFundingRate (API)
base feesUI 0 / 0; API taker 0.02% (API fee_config)non-VIP taker 0.055% / maker 0.02%
max leverage5-50x5-150x

biggest funding gaps now (annualized)

assetParadexBybitgap
JUP-27.7%+10.9%-38.6%
MSTR+35.1%+0.0%+35.1%
SNDK+65.5%+36.4%+29.1%
DRAM+29.0%+0.0%+29.0%
TRX-5.1%-29.1%+24.0%
INTC+25.8%+11.2%+14.6%
MRVL+13.9%+0.0%+13.9%
MU+13.3%+0.9%+12.4%
MON-12.6%-0.8%-11.8%
ETHFI-0.5%+10.9%-11.5%
CRCL+11.3%+0.0%+11.3%
UNI+10.7%-0.1%+10.8%
PEPE+3.1%+10.9%-7.8%
SPCX+7.7%+0.0%+7.7%
HYPE-3.8%+3.3%-7.1%