What is the average funding rate on Paragon?
The mean funding rate across 35 Paragon perpetual markets is -1.54 bps, equivalent to -16.8% annualized after normalizing each market to an 8-hour basis.
Paragon lists 35 perpetual markets with funding rate data. The current mean funding rate across Paragon perps is -1.54 bps (-16.81% APY) (8h-normalized so it can be compared across venues with different funding intervals).
Markets with the most extreme Paragon funding (positive or negative): TREAD (-138.75 bps), TOTAL2 (-67.28 bps), TTWO (32.58 bps).
Funding payments keep Paragon perpetual contracts pinned to the underlying spot price. A positive Paragon funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Paragon funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Paragon can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.
Last updated 2026-09-17T04:39:41Z (UTC).
FAQs
Paragon currently reports funding for 35 perpetual futures markets with a mean 8-hour-normalized rate of -1.54 bps.
The mean funding rate across 35 Paragon perpetual markets is -1.54 bps, equivalent to -16.8% annualized after normalizing each market to an 8-hour basis.
TTWO has the highest current Paragon funding rate at +32.58 bps, or +356.8% annualized.
TREAD has the lowest current Paragon funding rate at -138.75 bps, or -1519.3% annualized.
TREAD has the largest absolute funding rate on Paragon at -138.75 bps. Absolute magnitude identifies the market furthest from a flat rate, regardless of sign.
A positive normalized rate means longs pay shorts on that Paragon perpetual. A negative rate means shorts pay longs. The payment direction is market-specific and can differ across symbols on the same venue.
Related: Paragon open interest, Paragon volume, Paragon market data.
Top movers
Top 12 symbols by absolute 8h-normalized rate
Rate distribution
Symbol counts across funding rate buckets (8h bps)
Symbol ↑ | Name | Rate | Links |
|---|
AAOI | Applied Optoelectronics | 3.6 | |
| The Black Bull | 30.0 | ||
| Anthropic | 0.0 | ||
AVGO | Broadcom | 4.7 | |
| Bitcoin Dollar | 10.4 | ||
CAMBRICON | CAMBRICON | 0.0 | |
CIEN | Ciena | 0.1 | |
CIFR | CIFR | 16.6 | |
COHR | Coherent | 0.6 | |
CRDO | CRDO | 3.4 | |
CRWD | CRWD | 0.6 | |
GLW | Corning | 0.6 | |
H100 | H100 | 0.0 | |
IGV | IGV | 14.1 | |
INNOLIGHT | INNOLIGHT | 0.0 | |
IREN | IREN | 0.6 | |
LRCX | LRCX | 0.6 | |
MELI | MELI | 15.8 | |
NAVER | NAVER | 0.0 | |
| NetNet | -0.8 | ||
OTHERS | OTHERS | 0.2 | |
| Reddit • Robinhood Token | 18.2 | ||
SMCI | SMCI | 4.9 | |
SOFI | SOFI | 1.3 | |
| Stacks | -4.3 | ||
TENCENT | TENCENT | 0.0 | |
TER | TER | 0.3 | |
TOTAL2 | TOTAL2 | -67.3 | |
TREAD | TREAD | -138.4 | |
| Take-Two Interactive Software • Robinhood Token | 32.8 | ||
UNITREE | UNITREE | 7.4 | |
VST | VST | 1.4 | |
Y | Y | -11.3 | |
2Y | 2Y | 0.0 | |
30Y | 30Y | 0.0 |