Cheapest perp venue to hold a position, live funding normalized
TradingBybit
No data in window
Paradex
Trails1.84 bps
- p99
- 2.34 bps
- rank
- #4
- samples
- 2,880
Bybit vs Paradex
Bybit leads on 0 of 1 shared benchmarks, Paradex on 1. Paradex wins on Perp DEX funding stability, 24h stddev of ETH funding ranked (0.0070% vs 0.013%).
Bybit
Bybit is one of the largest centralized derivatives exchanges, with USDT-margined linear perpetuals on hundreds of pairs and funding settled on 8 hour (some pairs 4 hour) periods.
Paradex
Paradex is a perps-focused L2 exchange built on Starknet tech, with USD-settled perpetuals and funding accrued continuously over an 8 hour period.
Side by side measurements
Perp DEX funding stability, 24h stddev of ETH funding ranked
TradingBybit
Trails0.013 %
- p99
- 0.0091%
- rank
- #10
- samples
- 2,880
Paradex
Leads0.0070 %
- p99
- 0.0038%
- rank
- #4
- samples
- 2,880
Frequently asked questions
Bybit vs Paradex: which one is better?
Bybit and Paradex are compared on 2 shared OpenChainBench benchmarks. Bybit leads on Cheapest perp venue to hold a position, live funding normalized. Paradex leads on Perp DEX funding stability, 24h stddev of ETH funding ranked. See the live table on this page for every metric.
Which is faster on cheapest perp venue to hold a position, live funding normalized, Bybit or Paradex?
On the Cheapest perp venue to hold a position, live funding normalized benchmark, Bybit leads at -0.78 bps versus Paradex at 1.84 bps. Live measurement is updated continuously by the OpenChainBench harness.
Which is faster on perp dex funding stability, 24h stddev of eth funding ranked, Bybit or Paradex?
On the Perp DEX funding stability, 24h stddev of ETH funding ranked benchmark, Paradex leads at 0.0070% versus Bybit at 0.013%. Live measurement is updated continuously by the OpenChainBench harness.
How is the Bybit vs Paradex comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
How this pair was selected
A pair is published when all four conditions hold. Both providers run in the same OpenChainBench benchmark for at least seven consecutive days. Each provider has at least 1000 samples in the measurement window. The head to head query has observable third party search demand. Both providers have a public /products/[slug] page on OCB. The full pair ledger is versioned in the public repo so the methodology is externally verifiable.