Paragon vs Bybit
Bybit traded 1895× Paragon's 24-hour volume ($18.08B vs $9.5M) and holds 785× its open interest.
Head to head
the arrow points to the better figure| Paragon | Bybit | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $11.31 |
| — | BTC trade, $1M | $1,304 |
| — | BTC book depth | $22.4M |
| 0.009%/0.003% | ◀Taker / maker | 0.055%/0.020% |
| 20x | Max leverage▶ | 150x |
| Size | ||
| $9.5M | Volume 24h▶ | $18.08B |
| $5.0M | Volume, 7-day average▶ | $13.34B |
| $15.1M | Open interest▶ | $11.84B |
| — | TVL | — |
| Markets | ||
| 33 | Markets▶ | 894 |
| 32 | Stocks & RWA▶ | 294 |
| 1h | Funding paid every | 1h or 4h or 8h |
| — | BTC funding /8h | +0.0100% |
| — | BTC longs paid, 30d | +0.469% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| — | Airdrop | — |
DRV funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 22
funding /8h · Net 7d at $10k| Asset | Paragon | Bybit | Spread | Net 7d |
|---|---|---|---|---|
| DRV | −0.0607% | −0.0669% | +0.0062% | −$170 |
Only on Bybit: 803
BTC · ETH · SOL · XRP · HYPE · ZEC · XAUT · XAU · NEAR · DOGE · BNB · SOXL · LIT · SUI · TRX · LINK · ENA · UNI · AVAX · LTC · PEPE · XAG · CL · ASTER · XMR · AAVE · ADA · ONDO · SNDK · INTC · SPCX · WLD · BCH · PUMP · GOOGL · XLM · MNT · TAO · SKHYNIX · MU · PAXG · ZRO · HBAR · MSTR · GRAM · WLFI · XPL · KORU · TRUMP · ARB · QQQ · GRASS · NVDA · VVV · TSLA · INJ · DOT · CRV · APT · QNT · and 743 more
Questions
Which has more markets, Paragon or Bybit?
Paragon lists 33 active markets and Bybit 894; 22 assets trade on both, 21 of them stocks, commodities or other real-world assets.
Does Paragon or Bybit require KYC?
Paragon: No ID, traded through Hyperliquid front ends; not for US persons or a long list of restricted countries, VPNs forbidden. Bybit: Standard verification is mandatory for every product.
Can you arbitrage funding between Paragon and Bybit?
Not profitably right now: none of the 22 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Paragon or Bybit?
24-hour volume: Paragon $9.5M, Bybit $18.08B. Open interest as each reports it: $15.1M and $11.84B.

