Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against OKX−0.067%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 0.067% cheaper against OKX than usual: you would sell low and buy high, −$7 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 | OKX MORPHO-USDT-SWAP | 2.5834 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $3.2M | $4.0M | 20x |
| Short | Paradex MORPHO-USD-PERP | 2.5817 | 0.0100 | get 0.0100% / 8h | 2h 27m | $5K | $3 | 5x |
OKX MORPHO-USDT-SWAP
Paradex MORPHO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against OKX. 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: −0.067% → 0.000%
- −$6.66
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$20.66
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago | 1.74 bp | 22.3 bp −$22 | doesn't fit | 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 | −0.1565% | 1h | 2.5797 | −0.142% | $81K | $129K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1374% | 1h | 2.5814 | −0.077% | $11K | $2K | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0896% | 1h | 2.5765 | −0.267% | $847 | $9K | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0386% | 4h | 2.5822 | −0.047% | $32K | $134K | 10x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0216% | 1h | 2.5827 | −0.027% | $73K | $39K | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0186% | 4h | 2.5806 | −0.108% | $631K | $239K | 20x | as long as short |
| Phoenix MORPHO | −0.0154% | 1h | 2.5824 | −0.039% | $33K | $330K | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0132% | 4h | 2.5816 | −0.070% | $10K | $34K | 10x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.5809 | −0.097% | $15 | — | 10x | as long as short |
| Polymarket Perps MORPHO-USD | +0.0009% | 1h | 2.5818 | −0.062% | $25K | $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
Phoenix MORPHO
Orderly PERP_MORPHO_USDC
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 | +2.307% | $37 | $242K | 5.5x | as long as short |
| MEXC MORPHO_USDT | +0.0092% | 4h | 2.5808 | −0.101% | $6.2M | $910K | 100x | as long as short |
| Binance MORPHOUSDT | +0.0093% | 4h | 2.5805 | −0.111% | $15.6M | $24.0M | 75x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.5884 | +0.192% | $311K | $295K | 5x | as long as short |
| Extended MORPHO-USD | +0.0096% | 1h | 2.5803 | −0.119% | $103K | $343K | 10x | as long as short |
| Paradex MORPHO-USD-PERPshort | +0.0100% | 8h | 2.5817 | −0.067% | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.5849 | +0.058% | $5.9M | $6.8M | 5x | as long as short |
| Aster MORPHOUSDT | +0.0100% | 4h | 2.5824 | −0.039% | $57K | $31K | 20x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.5828 | −0.023% | $8.0M | $8.5M | 25x | as long as short |
| OKX MORPHO-USDT-SWAPlong | +0.0100% | 4h | 2.5834 | long leg | $3.2M | $4.0M | 20x | |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.5808 | −0.101% | $754K | $496K | 50x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.5835 | +0.004% | $593K | $246K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.5808 | −0.101% | $2.8M | $1.6M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.5811 | −0.089% | — | $1.4M | — | as long as short |
| Variational Omni MORPHO | +0.0100% | 4h | 2.5776 | −0.224% | $613K | $677K | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.5808 | −0.101% | $21K | $4K | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0152% / S +0.0038% | 1h | 2.5838 | +0.017% | $6K | — | 100x | as long as short |
Injective MORPHO/USDC PERP
MEXC MORPHO_USDT
Binance MORPHOUSDT
Lighter MORPHO
Extended MORPHO-USD
Hyperliquid MORPHO
Aster MORPHOUSDT
Bybit MORPHOUSDT
Gate MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
Variational Omni MORPHO
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]