Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Paradex+0.197%7-day average — · you sell dearer than you buy
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: KuCoin is 0.197% dearer against Paradex than usual: you sell high and buy low, +$20 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 | Paradex MORPHO-USD-PERP | 2.6236 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $5K | $3 | 5x |
| Short | KuCoin MORPHOUSDTM | 2.6288 | 0.0100 | get 0.0050% / 4h | 1h 14m | $597K | $252K | 50x |
Paradex MORPHO-USD-PERP
KuCoin MORPHOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Paradex. 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: +0.197% → 0.000%
- $19.66
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $3.66
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 9 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 9 min ago | 4.94 bp | 90.7 bp −$91 | 148.8 bp −$1,488 | doesn't fit | doesn't fit |
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 | −0.1670% | 1h | 2.6244 | +0.030% | $82K | $127K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1080% | 1h | 2.6281 | +0.170% | $11K | $759 | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0672% | 1h | 2.6196 | −0.154% | $861 | $9K | 5x | as long as short |
| BloFin MORPHO-USDT | −0.0200% | 4h | 2.6280 | +0.166% | $602K | $241K | 20x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0192% | 1h | 2.6345 | +0.414% | $75K | $42K | 25x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0161% | 1h | 2.6243 | +0.025% | $25K | $1.7M | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0158% | 4h | 2.6273 | +0.139% | $10K | $34K | 10x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0146% | 4h | 2.6310 | +0.280% | $32K | $142K | 10x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.6236 | −0.001% | $16 | — | 10x | as long as short |
| Phoenix MORPHO | 0.0000% | 1h | 2.6313 | +0.292% | $43K | $392K | 5x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
BloFin MORPHO-USDT
Coinbase International MORPHO-PERP-INTX
Polymarket Perps MORPHO-USD
Orderly PERP_MORPHO_USDC
GRVT MORPHO_USDT_Perp
Reya MORPHORUSDPERP
Phoenix MORPHOShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MORPHO_USDT | +0.0008% | 4h | 2.6284 | +0.181% | $759K | $505K | 50x | as long as short |
| Injective MORPHO/USDC PERP | +0.0033% | 1h | 2.6430 | +0.738% | $37 | $242K | 5.5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6272 | +0.134% | $315K | $308K | 5x | as long as short |
| Paradex MORPHO-USD-PERPlong | +0.0100% | 8h | 2.6236 | long leg | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6292 | +0.213% | $6.2M | $6.9M | 5x | as long as short |
| Aster MORPHOUSDT | +0.0100% | 4h | 2.6269 | +0.124% | $58K | $30K | 20x | as long as short |
| Binance MORPHOUSDT | +0.0100% | 4h | 2.6245 | +0.034% | $15.8M | $25.4M | 75x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.6261 | +0.094% | $8.3M | $9.2M | 25x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6262 | +0.097% | $3.2M | $4.3M | 20x | as long as short |
| MEXC MORPHO_USDT | +0.0100% | 4h | 2.6243 | +0.025% | $5.8M | $844K | 100x | as long as short |
| KuCoin MORPHOUSDTMshort | +0.0100% | 4h | 2.6288 | +0.197% | $597K | $252K | 50x | |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6278 | +0.158% | $2.8M | $1.8M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6251 | +0.056% | — | $1.4M | — | as long as short |
| Variational Omni MORPHO | +0.0100% | 4h | 2.6310 | +0.280% | $627K | $848K | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6283 | +0.178% | $22K | $4K | 5x | as long as short |
| Extended MORPHO-USD | +0.0104% | 1h | 2.6233 | −0.012% | $101K | $350K | 10x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0186% / S −15.6829% | 1h | 2.6302 | +0.249% | $1K | — | 100x | as long as short |
Gate MORPHO_USDT
Injective MORPHO/USDC PERP
Lighter MORPHO
Hyperliquid MORPHO
Aster MORPHOUSDT
Binance MORPHOUSDT
Bybit MORPHOUSDT
OKX MORPHO-USDT-SWAP
MEXC MORPHO_USDT
Bitget MORPHOUSDT
BingX MORPHO-USDT
Variational Omni MORPHO
SoDEX MORPHO-USD
Extended MORPHO-USD
GMX MORPHO/USD [ETH-USDC]