Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against KuCoin−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.087% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MORPHOUSDTM | 2.5941 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $595K | $246K | 50x |
| Short | Paradex MORPHO-USD-PERP | 2.5918 | 0.0100 | get 0.0100% / 8h | 2h 55m | $5K | $3 | 5x |
KuCoin MORPHOUSDTM
Paradex MORPHO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.087% → 0.000%
- −$8.75
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$24.75
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 15.21 bp | 63.3 bp −$63 | 199.6 bp −$1,996 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MORPHO on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MORPHOUSD | −0.1557% | 1h | 2.5917 | −0.092% | $80K | $127K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1176% | 1h | 2.5916 | −0.096% | $11K | $2K | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0864% | 1h | 2.5872 | −0.266% | $850 | $9K | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0460% | 4h | 2.5950 | +0.036% | $33K | $134K | 10x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0216% | 1h | 2.5937 | −0.015% | $74K | $41K | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0193% | 4h | 2.5913 | −0.108% | $637K | $244K | 20x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0130% | 4h | 2.5921 | −0.077% | $10K | $34K | 10x | as long as short |
| Phoenix MORPHO | −0.0061% | 1h | 2.5945 | +0.015% | $33K | $330K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.5909 | −0.124% | $16 | — | 10x | as long as short |
| Polymarket Perps MORPHO-USD | +0.0030% | 1h | 2.5928 | −0.050% | $24K | $1.5M | 5x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
GRVT MORPHO_USDT_Perp
Coinbase International MORPHO-PERP-INTX
BloFin MORPHO-USDT
Orderly PERP_MORPHO_USDC
Phoenix MORPHO
Reya MORPHORUSDPERP
Polymarket Perps MORPHO-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | +0.0033% | 1h | 2.6430 | +1.885% | $37 | $242K | 5.5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.5962 | +0.080% | $312K | $294K | 5x | as long as short |
| Extended MORPHO-USD | +0.0096% | 1h | 2.5899 | −0.161% | $99K | $343K | 10x | as long as short |
| MEXC MORPHO_USDT | +0.0096% | 4h | 2.5909 | −0.123% | $6.0M | $823K | 100x | as long as short |
| Binance MORPHOUSDT | +0.0096% | 4h | 2.5921 | −0.077% | $15.7M | $24.0M | 75x | as long as short |
| Paradex MORPHO-USD-PERPshort | +0.0100% | 8h | 2.5918 | −0.087% | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.5957 | +0.062% | $5.9M | $6.8M | 5x | as long as short |
| Aster MORPHOUSDT | +0.0100% | 4h | 2.5948 | +0.027% | $57K | $30K | 20x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.5931 | −0.039% | $8.0M | $8.5M | 25x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.5938 | −0.012% | $3.2M | $4.0M | 20x | as long as short |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.5919 | −0.085% | $772K | $479K | 50x | as long as short |
| KuCoin MORPHOUSDTMlong | +0.0100% | 4h | 2.5941 | long leg | $595K | $246K | 50x | |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.5901 | −0.154% | $2.8M | $1.6M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.5919 | −0.085% | — | $1.4M | — | as long as short |
| Variational Omni MORPHO | +0.0100% | 4h | 2.5945 | +0.017% | $616K | $677K | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.5922 | −0.073% | $21K | $4K | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0186% / S −15.6829% | 1h | 2.5940 | −0.005% | $1K | — | 100x | as long as short |
Injective MORPHO/USDC PERP
Lighter MORPHO
Extended MORPHO-USD
MEXC MORPHO_USDT
Binance MORPHOUSDT
Hyperliquid MORPHO
Aster MORPHOUSDT
Bybit MORPHOUSDT
OKX MORPHO-USDT-SWAP
Gate MORPHO_USDT
Bitget MORPHOUSDT
BingX MORPHO-USDT
Variational Omni MORPHO
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]