Head to head
the arrow points to the better figure| Paragon | OKX | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $10.01 |
| — | BTC trade, $1M | $1,152 |
| — | BTC book depth | $12.0M |
| 0.009%/0.003% | ◀Taker / maker | 0.050%/0.020% |
| 20x | Max leverage▶ | 100x |
| Size | ||
| $9.5M | Volume 24h▶ | $32.38B |
| $5.0M | Volume, 7-day average▶ | $22.93B |
| $15.1Mlongs + shorts | Open interest | $6.64Bone side |
| — | TVL | — |
| Markets | ||
| 33 | Markets▶ | 527 |
| 32 | Stocks & RWA▶ | 232 |
| 1h | Funding paid every | 1h or 2h or 4h or 8h |
| — | BTC funding /8h | +0.0100% |
| — | BTC longs paid, 30d | +0.561% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $OKB |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 19
funding /8h · Net 7d at $10kOnly on Paragon: 14
10Y · 2Y · OTHERS · BTCD · 30Y · TOTAL2 · TREAD · CIFR · GDX · ANSEM · DRV · STX · IGV · ANT
Only on OKX: 506
BTC · ETH · SOL · XAU · ZEC · SNDK · HYPE · XRP · DOGE · SOXL · SPCX · MU · XAG · NEAR · SKHYNIX · BNB · UNI · INTC · GOOGL · CL · QQQ · PEPE · WLD · LTC · SUI · CRCL · TRX · ADA · LINK · LIT · BCH · SKHY · MSTR · PUMP · OKB · NVDA · BZ · TRUMP · TSLA · TAO · AAVE · SOXS · ENA · ARB · AAPL · AVAX · FIL · KORU · ONDO · ASTER · XLM · WLFI · SPY · ZRO · GRAM · XPL · CAP · DOT · PONS · SNXX · and 446 more
Questions
Which has more markets, Paragon or OKX?
Paragon lists 33 active markets and OKX 527; 19 assets trade on both, 19 of them stocks, commodities or other real-world assets.
Does Paragon or OKX require KYC?
Paragon: No ID, traded through Hyperliquid front ends; not for US persons or a long list of restricted countries, VPNs forbidden. OKX: Advanced verification before trading, deposits or withdrawals.
Can you arbitrage funding between Paragon and OKX?
Not profitably right now: none of the 19 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Paragon or OKX?
24-hour volume: Paragon $9.5M, OKX $32.38B. Open interest as each reports it: $15.1M and $6.64B. Paragon reports open interest as longs plus shorts, both sides of every position; OKX reports one side. For the same positions Paragon's figure reads about twice as large.

