Cheapest perp venue to hold a position, live funding normalized
TradingParadex
Trails2.47 bps
- p99
- 2.09 bps
- rank
- #6
- samples
- 3
Polymarket
Leads0.08 bps
- p99
- 3.00 bps
- rank
- #1
- samples
- 3
Paradex vs Polymarket
Paradex leads on 1 of 4 shared benchmarks, Polymarket on 3. Paradex wins on Perp DEX funding stability, 24h stddev of ETH funding ranked (0.0038% vs 0.014%). Polymarket wins on Cheapest perp venue to hold a position, live funding normalized (0.08 bps vs 2.47 bps), Perp DEX volume share, live 24h notional ranked ($48.51M vs $6.61M), Perp DEX open interest, live USD notional ranked ($21.93M vs $9.60M).
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
Perp DEX volume share, live 24h notional ranked
TradingParadex
Trails$6.61M
- p99
- $9.06M
- rank
- #10
- samples
- 5,759
Polymarket
Leads$48.51M
- p99
- $48.57M
- rank
- #9
- samples
- 150
Perp DEX open interest, live USD notional ranked
TradingParadex
Trails$9.60M
- p99
- $10.13M
- rank
- #11
- samples
- 5,759
Polymarket
Leads$21.93M
- p99
- $21.96M
- rank
- #10
- samples
- 150
Perp DEX funding stability, 24h stddev of ETH funding ranked
TradingParadex
Leads0.0038 %
- p99
- 0.0058%
- rank
- #4
- samples
- 2,874
Polymarket
Trails0.014 %
- p99
- 0%
- rank
- #12
- samples
- 82
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.