Paradex vs Bybit
Bybit traded 1633× Paradex's 24-hour volume ($18.13B vs $11.1M) and holds 499× its open interest.
Head to head
the arrow points to the better figure| Paradex | Bybit | |
|---|---|---|
| Trading | ||
| $10.04 | BTC trade, $10k≈ | $11.01 |
| — | BTC trade, $1M | $1,220 |
| $498K | BTC book depth▶ | $23.3M |
| 0.020%/0.000% | ◀Taker / maker | 0.055%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $11.1M | Volume 24h▶ | $18.13B |
| $8.7M | Volume, 7-day average▶ | $13.34B |
| $23.9M | Open interest▶ | $11.92B |
| $21.6M | TVL | — |
| Markets | ||
| 62 | Markets▶ | 894 |
| 23 | Stocks & RWA▶ | 294 |
| 8h | Funding paid every | 1h or 4h or 8h |
| +0.0097% | BTC funding /8h | +0.0100% |
| +0.706% | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| $DIME | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Paradex | Bybit |
|---|---|---|
| $1k | $1.0010.0 bp | $1.1011.0 bp |
| $10k | $10.0410.0 bp | $11.0111.0 bp |
| $100k | $48848.8 bp | $11011.0 bp |
| $1M | — | $1,22012.2 bp |
| $5M | — | $7,58215.2 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 61
funding /8h · Net 7d at $10k| Asset | Paradex | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0097% | +0.0100% | +0.0003% | −$22 |
| ETH | +0.0049% | −0.0033% | +0.0082% | −$18 |
| STRK | +0.0030% | +0.0100% | +0.0070% | −$961 |
| SOL | −0.0008% | −0.0104% | +0.0096% | −$155 |
| ZEC | +0.0094% | +0.0100% | +0.0006% | −$238 |
| HYPE | +0.0092% | +0.0100% | +0.0008% | −$383 |
| XPL | +0.0068% | +0.0100% | +0.0032% | — |
| PAXG | +0.0100% | +0.0100% | 0.0000% | −$24 |
| BNB | +0.0099% | +0.0100% | +0.0001% | — |
| NEAR | +0.0071% | +0.0100% | — | — |
| UNI | +0.0082% | +0.0100% | — | — |
| LINK | +0.0037% | +0.0051% | — | — |
| LTC | +0.0047% | +0.0044% | — | — |
| PENDLE | +0.0095% | −0.0061% | — | — |
| ENA | +0.0088% | −0.0105% | — | — |
| ADA | +0.0028% | −0.0100% | — | — |
| PUMP | +0.0093% | −0.0290% | — | — |
| LIT | −0.0006% | −0.0445% | — | — |
| DOGE | +0.0043% | −0.0313% | — | — |
| AAVE | +0.0019% | +0.0100% | — | — |
Only on Bybit: 764
XAUT · SOXL · ASTER · WLD · BCH · XLM · MNT · SKHYNIX · ZRO · HBAR · KORU · ARB · GRASS · QQQ · INJ · DOT · CRV · APT · QNT · AAPL · PENGU · FARTCOIN · POL · FIL · CAP · ATOM · ICP · NBIS · SKHY · SOXS · OP · SPX · SPY · USELESS · PONS · WIF · TIA · VIRTUAL · FF · USDC · STX · SNXX · SEI · ETC · RENDER · SAMSUNG · ARIA · DASH · ALGO · PIEVERSE · JCT · AKE · KAS · ARX · SKY · BTW · AMZN · BONK · COIN · TQQQ · and 704 more
Questions
Is Paradex or Bybit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $10.04 on Paradex and $11.01 on Bybit right now, taker fee and order-book slippage together: about the same. Taker fees: 0.02% and 0.055%.
Which has more markets, Paradex or Bybit?
Paradex lists 62 active markets and Bybit 894; 61 assets trade on both, 18 of them stocks, commodities or other real-world assets.
Does Paradex or Bybit require KYC?
Paradex: No ID; not for US or Canadian persons or sanctioned regions, and a VPN around the block is forbidden. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Paradex and Bybit?
Not profitably right now: none of the 61 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Paradex or Bybit?
24-hour volume: Paradex $11.1M, Bybit $18.13B. Open interest as each reports it: $23.9M and $11.92B. TVL: $21.6M and none published.