ApeXvs
Paradex
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
| ApeX | Paradex | |
|---|---|---|
| Type | DEX | DEX |
| Taker fee | 0.05% | 0.0075%✓ |
| Maker fee | 0.02% | 0%✓ |
| Open Interest | $137.1M✓ | $7.3M |
| 24h Volume | $1.83B✓ | $6.7M |
| Avg Funding APR | 4.17% | 6.23% |
| Markets | 50 | 50 |
| Airdrop / token | Listed | Season 2 |
ApeX and Paradex are both perpetual-futures venues tracked on ORBIT. On fees, Paradex is cheaper (0.0075% vs 0.05% taker). On liquidity, ApeX is deeper with $137.1M open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely “one or the other” — you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where ApeX and Paradex diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Is ApeX or Paradex cheaper?
- ApeX charges 0.05% taker / 0.02% maker; Paradex charges 0.0075% taker / 0% maker. Paradex has the lower taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, ApeX or Paradex?
- ApeX has $137.1M open interest across 50 markets; Paradex has $7.3M across 50. ApeX is deeper, which means lower slippage at size.
- Can I run funding arbitrage between ApeX and Paradex?
- Yes — when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.