Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL
Trading| Provider | All-in at $100k | All-in at $1M |
|---|---|---|
| Paradex | 0.47% | 1.20% |
| Polymarket | 0.050% | 0.064% |
Paradex vs Polymarket
Paradex leads on 3 of 5 shared benchmarks, Polymarket on 2. Paradex wins on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL (0.037% vs 0.042%), Perp DEX funding stability, 24h stddev of ETH funding ranked (0.0048% vs 0.018%), Most tradable markets on a perp DEX, live count across 14 venues (62 vs 39). Polymarket wins on Cheapest perp venue to hold a position, live funding normalized (1.41 bps vs 1.73 bps), Perp DEX volume share, live 24h notional ranked ($93.89M vs $6.13M).
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.
Polymarket
The largest crypto prediction market, settled on Polygon via UMA optimistic oracle. CLOB-style order book hosted on the Polymarket gateway with sub-second publish latency for live odds.
Side by side measurements
Cheapest perp venue to hold a position, live funding normalized
Trading| Provider | Annualized (ETH) | Per-hour rate (ETH) | BTC hold 24h | SOL hold 24h |
|---|---|---|---|---|
| Paradex | 7.77% | 0.09 bps | 2.32 bps | 2.99 bps |
| Polymarket | 10.8% | 0.12 bps | 1.29 bps | - |
Perp DEX volume share, live 24h notional ranked
TradingParadex
Trails$6.13M
- p99
- $7.66M
- rank
- #10
- samples
- 5,757
Polymarket
Leads$93.89M
- p99
- $104.63M
- rank
- #7
- samples
- 5,756
Perp DEX funding stability, 24h stddev of ETH funding ranked
TradingParadex
Leads0.0048 %
- p99
- 0.0034%
- rank
- #3
- samples
- 2,877
Polymarket
Trails0.018 %
- p99
- 0.019%
- rank
- #12
- samples
- 2,877
Most tradable markets on a perp DEX, live count across 14 venues
TradingParadex
Leads62
- p99
- 62
- rank
- #12
- samples
- 5,756
Polymarket
Trails39
- p99
- 39
- rank
- #13
- samples
- 5,756
Frequently asked questions
Paradex vs Polymarket: which one is better?
Paradex and Polymarket are compared on 5 shared OpenChainBench benchmarks. Paradex leads on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL. Polymarket leads on Cheapest perp venue to hold a position, live funding normalized. See the live table on this page for every metric.
Which is faster on cheapest perp dex, live all-in cost from $1k to $1m on eth, btc and sol, Paradex or Polymarket?
On the Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL benchmark, Paradex leads at 0.037% versus Polymarket at 0.042%. Live measurement is updated continuously by the OpenChainBench harness.
Which is faster on cheapest perp venue to hold a position, live funding normalized, Paradex or Polymarket?
On the Cheapest perp venue to hold a position, live funding normalized benchmark, Polymarket leads at 1.41 bps versus Paradex at 1.73 bps. Live measurement is updated continuously by the OpenChainBench harness.
How is the Paradex vs Polymarket 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.