Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against SoDEX−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MORPHO-USD | 2.6555 | 0.0100 | pay 0.0013% / 1h | 0m 23s | $22K | $4K | 5x |
| Short | Paradex MORPHO-USD-PERP | 2.6553 | 0.0100 | get 0.0100% / 8h | 0m 23s | $5K | $3 | 5x |
SoDEX MORPHO-USD
Paradex MORPHO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against SoDEX. 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: −0.009% → 0.000%
- −$0.9
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$12.9
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
SoDEX and 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 | −0.1753% | 1h | 2.6522 | −0.123% | $81K | $143K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1066% | 1h | 2.6558 | +0.011% | $11K | $812 | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0872% | 1h | 2.6498 | −0.215% | $871 | $12K | 5x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0474% | 1h | 2.6551 | −0.015% | $28K | $1.7M | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0450% | 4h | 2.6509 | −0.172% | $41K | $146K | 10x | as long as short |
| Injective MORPHO/USDC PERP | −0.0405% | 1h | 2.6430 | −0.471% | $37 | $242K | 5.5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0360% | 1h | 2.6546 | −0.034% | $76K | $43K | 25x | as long as short |
| Bybit MORPHOUSDT | −0.0359% | 4h | 2.6544 | −0.041% | $8.4M | $9.3M | 25x | as long as short |
| Variational Omni MORPHO | −0.0209% | 4h | 2.6531 | −0.089% | $631K | $1.0M | — | as long as short |
| BloFin MORPHO-USDT | −0.0193% | 4h | 2.6543 | −0.045% | $638K | $239K | 20x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
Polymarket Perps MORPHO-USD
GRVT MORPHO_USDT_Perp
Injective MORPHO/USDC PERP
Coinbase International MORPHO-PERP-INTX
Bybit MORPHOUSDT
Variational Omni MORPHO
BloFin MORPHO-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MORPHO_USDC | −0.0145% | 4h | 2.6554 | −0.004% | $10K | $34K | 10x | as long as short |
| Phoenix MORPHO | −0.0060% | 1h | 2.6547 | −0.030% | $43K | $477K | 5x | as long as short |
| Gate MORPHO_USDT | −0.0058% | 4h | 2.6560 | +0.019% | $770K | $534K | 50x | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6551 | −0.013% | $16 | — | 10x | as long as short |
| Extended MORPHO-USD | +0.0056% | 1h | 2.6546 | −0.034% | $103K | $298K | 10x | as long as short |
| MEXC MORPHO_USDT | +0.0058% | 4h | 2.6547 | −0.030% | $5.5M | $962K | 100x | as long as short |
| Binance MORPHOUSDT | +0.0059% | 4h | 2.6547 | −0.031% | $16.1M | $26.1M | 75x | as long as short |
| Aster MORPHOUSDT | +0.0063% | 4h | 2.6581 | +0.099% | $58K | $30K | 20x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6607 | +0.195% | $317K | $331K | 5x | as long as short |
| Paradex MORPHO-USD-PERPshort | +0.0100% | 8h | 2.6553 | −0.009% | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6619 | +0.241% | $6.3M | $7.0M | 5x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6560 | +0.019% | $3.2M | $4.5M | 20x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6563 | +0.030% | $595K | $267K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6582 | +0.102% | $2.9M | $1.8M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6556 | +0.004% | — | $1.4M | — | as long as short |
| SoDEX MORPHO-USDlong | +0.0100% | 1h | 2.6555 | long leg | $22K | $4K | 5x | |
| GMX MORPHO/USD [ETH-USDC] | L +0.0158% / S −0.3418% | 1h | 2.6580 | +0.096% | $1K | — | 100x | as long as short |
Orderly PERP_MORPHO_USDC
Phoenix MORPHO
Gate MORPHO_USDT
Reya MORPHORUSDPERP
Extended MORPHO-USD
MEXC MORPHO_USDT
Binance MORPHOUSDT
Aster MORPHOUSDT
Lighter MORPHO
Hyperliquid MORPHO
OKX MORPHO-USDT-SWAP
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
GMX MORPHO/USD [ETH-USDC]