Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against KuCoin−0.054%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 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 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 | 2.6407 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $590K | $269K | 50x |
| Short | Paradex MORPHO-USD-PERP | 2.6393 | 0.0100 | get 0.0100% / 8h | 1h 04m | $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
- −$0.01
- Price spread: −0.054% → 0.000%
- −$5.37
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$21.38
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 68 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, 68 min ago | 9.24 bp | 61.4 bp −$61 | 176.1 bp −$1,761 | 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 | −0.1861% | 1h | 2.6366 | −0.155% | $81K | $152K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1339% | 1h | 2.6394 | −0.049% | $11K | $812 | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.1168% | 1h | 2.6331 | −0.288% | $865 | $12K | 5x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0686% | 1h | 2.6395 | −0.045% | $24K | $1.7M | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0568% | 4h | 2.6407 | −0.001% | $29K | $134K | 10x | as long as short |
| Bybit MORPHOUSDT | −0.0440% | 4h | 2.6410 | +0.011% | $8.4M | $9.3M | 25x | as long as short |
| Injective MORPHO/USDC PERP | −0.0337% | 1h | 2.6430 | +0.087% | $37 | $242K | 5.5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0312% | 1h | 2.6469 | +0.235% | $76K | $43K | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0217% | 4h | 2.6391 | −0.061% | $639K | $249K | 20x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0147% | 4h | 2.6390 | −0.064% | $10K | $34K | 10x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
Polymarket Perps MORPHO-USD
GRVT MORPHO_USDT_Perp
Bybit MORPHOUSDT
Injective MORPHO/USDC PERP
Coinbase International MORPHO-PERP-INTX
BloFin MORPHO-USDT
Orderly PERP_MORPHO_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MORPHO_USDT | −0.0132% | 4h | 2.6401 | −0.023% | $767K | $534K | 50x | as long as short |
| Phoenix MORPHO | −0.0090% | 1h | 2.6431 | +0.091% | $43K | $484K | 5x | as long as short |
| Variational Omni MORPHO | −0.0080% | 4h | 2.6401 | −0.021% | $627K | $1.2M | — | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6397 | −0.038% | $16 | — | 10x | as long as short |
| Binance MORPHOUSDT | +0.0019% | 4h | 2.6399 | −0.030% | $16.1M | $25.8M | 75x | as long as short |
| MEXC MORPHO_USDT | +0.0022% | 4h | 2.6397 | −0.038% | $5.4M | $1.1M | 100x | as long as short |
| Extended MORPHO-USD | +0.0024% | 1h | 2.6389 | −0.069% | $103K | $301K | 10x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6439 | +0.122% | $315K | $334K | 5x | as long as short |
| Paradex MORPHO-USD-PERPshort | +0.0100% | 8h | 2.6393 | −0.054% | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6467 | +0.227% | $6.2M | $7.1M | 5x | as long as short |
| Aster MORPHOUSDT | +0.0100% | 4h | 2.6399 | −0.029% | $58K | $31K | 20x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6421 | +0.053% | $3.2M | $4.4M | 20x | as long as short |
| KuCoin MORPHOUSDTMlong | +0.0100% | 4h | 2.6407 | long leg | $590K | $269K | 50x | |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6416 | +0.034% | $2.9M | $1.9M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6403 | −0.015% | — | $1.5M | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6395 | −0.045% | $22K | $4K | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0188% / S −0.3373% | 1h | 2.6428 | +0.081% | $1K | — | 100x | as long as short |
Gate MORPHO_USDT
Phoenix MORPHO
Variational Omni MORPHO
Reya MORPHORUSDPERP
Binance MORPHOUSDT
MEXC MORPHO_USDT
Extended MORPHO-USD
Lighter MORPHO
Hyperliquid MORPHO
Aster MORPHOUSDT
OKX MORPHO-USDT-SWAP
Bitget MORPHOUSDT
BingX MORPHO-USDT
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]