edgeX V2vs
Paradex
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 2 liquid markets shared by edgeX V2 and Paradex, the best funding setup over the past 7 days is $ETH (long edgeX V2, short Paradex): it paid 6.8% APR, 2.1% after costs, and held 42% of the time.
2 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs — not by the instantaneous APR.
“7d avg” is the funding spread the pair actually paid over the last 7 days. “After costs” subtracts taker fees for opening and closing both legs over a 7-day hold. “Holds” is the share of hours the spread kept the same sign and at least 5% APR.
| edgeX V2 | Paradex | |
|---|---|---|
| Type | DEX | DEX |
| Taker fee | 0.038% | 0.0075%✓ |
| Maker fee | 0.018% | 0%✓ |
| Open Interest | $598.3M✓ | $5.8M |
| 24h Volume | $1.85B✓ | $10.2M |
| Avg Funding APR | 10.56% | 7.05% |
| Markets | 75✓ | 65 |
| Airdrop / token | Listed | Season 2 |
edgeX V2 and Paradex are both perpetual-futures venues tracked on ORBIT. On fees, Paradex is cheaper (0.0075% vs 0.038% taker). On liquidity, edgeX V2 is deeper with $598.3M 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 edgeX V2 and Paradex diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Which funding setup between edgeX V2 and Paradex pays most?
- Across 2 liquid markets shared by edgeX V2 and Paradex, the best funding setup over the past 7 days is $ETH (long edgeX V2, short Paradex): it paid 6.8% APR, 2.1% after costs, and held 42% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is edgeX V2 or Paradex cheaper?
- edgeX V2 charges 0.038% taker / 0.018% 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, edgeX V2 or Paradex?
- edgeX V2 has $598.3M open interest across 75 markets; Paradex has $5.8M across 65. edgeX V2 is deeper, which means lower slippage at size.
- Can I run funding arbitrage between edgeX V2 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.