Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Paradex+0.035%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: OKX is 0.035% dearer against Paradex than usual: you sell high and buy low, +$3 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 | 2.5975 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $5K | $3 | 5x |
| Short | OKX MORPHO-USDT-SWAP | 2.5984 | 0.0100 | get 0.0050% / 4h | 3h 11m | $3.2M | $4.0M | 20x |
Paradex MORPHO-USD-PERP
OKX MORPHO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.035% → 0.000%
- $3.49
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$10.51
- Costs to cover
- 0.140%
- Break-even
- 170899646.8 days
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 0.77 bp | 18.3 bp −$18 | 81.9 bp −$819 | 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 | −0.2174% | 1h | 2.5967 | −0.031% | $81K | $124K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1557% | 1h | 2.5957 | −0.069% | $11K | $2K | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0968% | 1h | 2.5916 | −0.227% | $852 | $9K | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0514% | 4h | 2.5967 | −0.031% | $34K | $140K | 10x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0216% | 1h | 2.5993 | +0.070% | $74K | $41K | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0200% | 4h | 2.5969 | −0.023% | $635K | $240K | 20x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0155% | 1h | 2.5985 | +0.039% | $24K | $1.5M | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0132% | 4h | 2.5957 | −0.069% | $10K | $34K | 10x | as long as short |
| Phoenix MORPHO | −0.0061% | 1h | 2.6000 | +0.096% | $43K | $337K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.5960 | −0.058% | $16 | — | 10x | 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
Polymarket Perps MORPHO-USD
Orderly PERP_MORPHO_USDC
Phoenix MORPHO
Reya MORPHORUSDPERPShow 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 | +1.752% | $37 | $242K | 5.5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6000 | +0.096% | $312K | $293K | 5x | as long as short |
| Paradex MORPHO-USD-PERPlong | +0.0100% | 8h | 2.5975 | long leg | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6030 | +0.213% | $6.0M | $6.8M | 5x | as long as short |
| Aster MORPHOUSDT | +0.0100% | 4h | 2.5992 | +0.067% | $57K | $30K | 20x | as long as short |
| Binance MORPHOUSDT | +0.0100% | 4h | 2.5962 | −0.049% | $15.7M | $23.9M | 75x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.5990 | +0.058% | $8.1M | $8.5M | 25x | as long as short |
| OKX MORPHO-USDT-SWAPshort | +0.0100% | 4h | 2.5984 | +0.035% | $3.2M | $4.0M | 20x | |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.5985 | +0.039% | $766K | $477K | 50x | as long as short |
| MEXC MORPHO_USDT | +0.0100% | 4h | 2.5965 | −0.038% | $6.0M | $840K | 100x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.5994 | +0.073% | $597K | $248K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.5974 | −0.004% | $2.8M | $1.6M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.5977 | +0.008% | — | $1.4M | — | as long as short |
| Variational Omni MORPHO | +0.0100% | 4h | 2.5980 | +0.021% | $619K | $675K | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.5966 | −0.034% | $21K | $4K | 5x | as long as short |
| Extended MORPHO-USD | +0.0104% | 1h | 2.5955 | −0.075% | $100K | $346K | 10x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0186% / S −15.6829% | 1h | 2.5993 | +0.069% | $1K | — | 100x | as long as short |
Injective MORPHO/USDC PERP
Lighter MORPHO
Hyperliquid MORPHO
Aster MORPHOUSDT
Binance MORPHOUSDT
Bybit MORPHOUSDT
Gate MORPHO_USDT
MEXC MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
Variational Omni MORPHO
SoDEX MORPHO-USD
Extended MORPHO-USD
GMX MORPHO/USD [ETH-USDC]