edgeX V1vs
Paradex
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
| edgeX V1 | Paradex | |
|---|---|---|
| Type | DEX | DEX |
| Taker fee | 3.8 bps | 0.75 bps✓ |
| Maker fee | 1.8 bps | 0 bps✓ |
| Open Interest | $334.6M✓ | $9.3M |
| 24h Volume | $129.2M✓ | $8.9M |
| Avg Funding APR | 13.36% | 11.78% |
| Markets | 30 | 50✓ |
| Airdrop / token | Listed | Season 2 |
edgeX V1 and Paradex are both perpetual-futures venues tracked on ORBIT. On fees, Paradex is cheaper (0.75 vs 3.8 bps taker). On liquidity, edgeX V1 is deeper with $334.6M 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 V1 and Paradex diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Is edgeX V1 or Paradex cheaper?
- edgeX V1 charges 3.8 bps taker / 1.8 bps maker; Paradex charges 0.75 bps taker / 0 bps 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 V1 or Paradex?
- edgeX V1 has $334.6M open interest across 30 markets; Paradex has $9.3M across 50. edgeX V1 is deeper, which means lower slippage at size.
- Can I run funding arbitrage between edgeX V1 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.