BTC funding arbitrage: bybit vs paradex

Long BTCUSDT on bybit against short BTC-USD-PERP on paradex.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitBTCUSDT0.0095% / 8h+10.43%$4.77B$2.10B
ShortparadexBTC-USD-PERP0.0100% / 8h+10.91%$3.38M$4.12M

Funding spread +0.48% APR. Price spread +0.0276%.

Data generated at 2026-09-01T05:32:54Z. Live numbers load on this page automatically.