Paradex is a decentralized perpetual futures exchange built on StarkNet (Ethereum L2). It combines the security of Ethereum with the speed and low costs of StarkNet.
Key Features
- Built on StarkNet: Ethereum L2 security with low fees
- Funding interval: Variable (1-8 hours depending on asset)
- Settlement: USDC
- Self-custody: Non-custodial trading
- ZK-proofs: Cryptographic security guarantees
🔮 StarkNet Advantage
Paradex leverages StarkNet's ZK-rollup technology for fast, cheap transactions while inheriting Ethereum's security. Your funds are always secured by Ethereum's consensus.
Funding Rate Mechanics
Paradex uses a dynamic funding rate system:
- Funding intervals vary by contract
- Rate calculated based on mark-index price difference
- Payments occur at the end of each funding period
📊 Funding Information
Interval: Varies by contract - check JiaDX for the correct interval
Rate display: Shown as rate per funding period
Supported Assets
Paradex offers perpetual contracts on:
- Bitcoin (BTC-USD-PERP)
- Ethereum (ETH-USD-PERP)
- Major altcoins
- DeFi tokens
Getting Started
- Connect your Ethereum wallet
- Bridge funds to StarkNet
- Deposit USDC to Paradex
- Generate API keys for JiaDX
- Start trading
Why Use Paradex for Arbitrage?
- Different rates: Often has unique funding rates vs other DEXs
- Low fees: StarkNet's efficiency means lower trading costs
- Security: Ethereum-level security for your funds
- Growing liquidity: Increasing adoption and depth
API Integration
JiaDX connects to Paradex for:
- Real-time funding rate data
- Position management
- Order execution
- Account monitoring