grvtvs
Paradex
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 2 liquid markets shared by grvt and Paradex, no setup covered entry and exit over the past 7 days: the best, $BTC (long grvt, short Paradex), paid 3.4% APR over 7 days, -2.6% after costs.
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.
| grvt | Paradex | |
|---|---|---|
| Type | DEX | DEX |
| Taker fee | 0.05% | 0.0075%✓ |
| Maker fee | 0.01% | 0%✓ |
| Open Interest | $458.4M✓ | $5.8M |
| 24h Volume | $500.6M✓ | $1.8M |
| Avg Funding APR | 7.62% | 1.58% |
| Markets | 188✓ | 65 |
| Airdrop / token | Listed | Season 2 |
grvt and Paradex are both perpetual-futures venues tracked on ORBIT. On fees, Paradex is cheaper (0.0075% vs 0.05% taker). On liquidity, grvt is deeper with $458.4M 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 grvt and Paradex diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Which funding setup between grvt and Paradex pays most?
- Across 2 liquid markets shared by grvt and Paradex, no setup covered entry and exit over the past 7 days: the best, $BTC (long grvt, short Paradex), paid 3.4% APR over 7 days, -2.6% after costs. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is grvt or Paradex cheaper?
- grvt charges 0.05% taker / 0.01% 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, grvt or Paradex?
- grvt has $458.4M open interest across 188 markets; Paradex has $5.8M across 65. grvt is deeper, which means lower slippage at size.
- Can I run funding arbitrage between grvt 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.