Variational Omni vs Paragon
Variational Omni traded 289× Paragon's 24-hour volume ($2.75B vs $9.5M) and holds 56× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Paragon | |
|---|---|---|
| Trading | ||
| $1.00 | BTC trade, $10k | — |
| $646 | BTC trade, $1M | — |
| 0.000%/0.000% | ◀Taker / maker | 0.009%/0.003% |
| 50x | ◀Max leverage | 20x |
| Size | ||
| $2.75B | ◀Volume 24h | $9.5M |
| $2.02B | ◀Volume, 7-day average | $5.0M |
| $841.0M | ◀Open interest | $15.1M |
| — | TVL | — |
| Markets | ||
| 587 | ◀Markets | 33 |
| 157 | ◀Stocks & RWA | 32 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | — |
| +0.711% | BTC longs paid, 30d | — |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
DRV funding per day
Volume by asset class
last 90 daysOn both: 13
funding /8h · Net 7d at $10k| Asset | Variational Omni | Paragon | Spread | Net 7d |
|---|---|---|---|---|
| DRV | +0.0100% | −0.0607% | — | — |
Only on Variational Omni: 557
BTC · ETH · XAU · HYPE · ZEC · XAUT · SOL · QQQ · SP500 · CL · PAXG · GOOGL · BZ · XAG · BNB · XMR · LIT · NEAR · PUMP · NVDA · ANTHROPIC · SOXL · SPCX · ZRO · ENA · AAVE · SNDK · ADA · MU · ASTER · META · STRC · XRP · UNI · LTC · MSTR · AAPL · INTC · SOXS · COPPER · AMZN · LINK · AVAX · NBIS · EWY · MSFT · DRAM · WLD · CRCL · GRASS · SKHY · VVV · XPL · NATGAS · WLFI · AERO · SUI · DOGE · TSLA · TAO · and 497 more
Questions
Which has more markets, Variational Omni or Paragon?
Variational Omni lists 587 active markets and Paragon 33; 13 assets trade on both, 12 of them stocks, commodities or other real-world assets.
Does Variational Omni or Paragon require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Paragon: No ID, traded through Hyperliquid front ends; not for US persons or a long list of restricted countries, VPNs forbidden.
Can you arbitrage funding between Variational Omni and Paragon?
Not profitably right now: none of the 13 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Variational Omni or Paragon?
24-hour volume: Variational Omni $2.75B, Paragon $9.5M. Open interest as each reports it: $841.0M and $15.1M.

