Head to head
the arrow points to the better figure| Paragon | Bitget | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $12.01 |
| — | BTC trade, $1M | $1,321 |
| — | BTC book depth | $20.0M |
| 0.009%/0.003% | ◀Taker / maker | 0.060%/0.020% |
| 20x | Max leverage▶ | 150x |
| Size | ||
| $9.7M | Volume 24h▶ | $11.34B |
| $5.0M | Volume, 7-day average▶ | $8.20B |
| $15.1Mlongs + shorts | Open interest | $8.07Bone side |
| — | TVL | — |
| Markets | ||
| 33 | Markets▶ | 933 |
| 32 | Stocks & RWA▶ | 418 |
| 1h | Funding paid every | 1h or 4h or 8h |
| — | BTC funding /8h | +0.0100% |
| — | BTC longs paid, 30d | +0.575% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BGB |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 21
funding /8h · Net 7d at $10kOnly on Bitget: 863
BTC · ETH · SOL · XRP · HYPE · ZEC · DOGE · SOXL · XAU · BNB · SNDK · NEAR · SUI · GOOGL · LINK · XAUT · PEPE · ADA · XAG · ENA · CL · MSTR · QQQ · BTW · LTC · UNI · KORU · SPCX · MU · BZ · TAO · AAVE · AVAX · ONDO · INTC · WLD · CRCL · XLM · BCH · SKHY · DOT · DRAM · SOXS · BGB · PUMP · INJ · ASTER · HBAR · SKHYNIX · ARB · FF · NVDA · ANTHROPIC · FET · NATGAS · TRX · SPY · PAXG · OPENAI · XMR · and 803 more
Questions
Which has more markets, Paragon or Bitget?
Paragon lists 33 active markets and Bitget 933; 21 assets trade on both, 21 of them stocks, commodities or other real-world assets.
Does Paragon or Bitget require KYC?
Paragon: No ID, traded through Hyperliquid front ends; not for US persons or a long list of restricted countries, VPNs forbidden. Bitget: KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Paragon and Bitget?
Not profitably right now: none of the 21 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Paragon or Bitget?
24-hour volume: Paragon $9.7M, Bitget $11.34B. Open interest as each reports it: $15.1M and $8.07B. Paragon reports open interest as longs plus shorts, both sides of every position; Bitget reports one side. For the same positions Paragon's figure reads about twice as large.

