Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against OKX−0.162%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 0.162% cheaper against OKX than usual: you would sell low and buy high, −$16 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 | 2.6019 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $3.2M | $4.2M | 20x |
| Short | Paradex MORPHO-USD-PERP | 2.5977 | 0.0100 | get 0.0100% / 8h | 6h 55m | $5K | $203 | 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: −0.162% → 0.000%
- −$16.19
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$30.19
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 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, 2 min ago | 0.76 bp | 16.1 bp −$16 | 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 | −0.2000% | 1h | 2.6077 | +0.221% | $84K | $126K | 20x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.1304% | 1h | 2.6110 | +0.350% | $71K | $38K | 25x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.0937% | 1h | 2.6094 | +0.288% | $11K | $3K | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0736% | 1h | 2.6064 | +0.173% | $856 | $9K | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0332% | 4h | 2.6095 | +0.292% | $10K | $34K | 10x | as long as short |
| Aster MORPHOUSDT | −0.0297% | 4h | 2.6032 | +0.050% | $57K | $50K | 20x | as long as short |
| BloFin MORPHO-USDT | −0.0295% | 4h | 2.6070 | +0.196% | $636K | $234K | 20x | as long as short |
| Variational Omni MORPHO | −0.0189% | 4h | 2.6090 | +0.273% | $622K | $525K | — | as long as short |
| Phoenix MORPHO | −0.0155% | 1h | 2.6142 | +0.473% | $33K | $302K | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0132% | 4h | 2.6133 | +0.438% | $39K | $136K | 10x | as long as short |
Kraken Futures PF_MORPHOUSD
Coinbase International MORPHO-PERP-INTX
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
Orderly PERP_MORPHO_USDC
Aster MORPHOUSDT
BloFin MORPHO-USDT
Variational Omni MORPHO
Phoenix MORPHO
GRVT MORPHO_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MORPHO-USD | −0.0072% | 1h | 2.6051 | +0.123% | $104K | $373K | 10x | as long as short |
| MEXC MORPHO_USDT | −0.0072% | 4h | 2.6032 | +0.050% | $6.5M | $933K | 100x | as long as short |
| Binance MORPHOUSDT | −0.0068% | 4h | 2.5991 | −0.108% | $15.6M | $23.1M | 75x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.6076 | +0.219% | $16 | — | 10x | as long as short |
| Injective MORPHO/USDC PERP | +0.0033% | 1h | 2.6430 | +1.580% | $37 | $242K | 5.5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6127 | +0.415% | $314K | $261K | 5x | as long as short |
| Paradex MORPHO-USD-PERPshort | +0.0100% | 8h | 2.5977 | −0.162% | $5K | $203 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6077 | +0.223% | $6.0M | $7.0M | 5x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.6032 | +0.050% | $7.9M | $8.3M | 25x | as long as short |
| OKX MORPHO-USDT-SWAPlong | +0.0100% | 4h | 2.6019 | long leg | $3.2M | $4.2M | 20x | |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.6091 | +0.277% | $765K | $469K | 50x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6068 | +0.188% | $574K | $259K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.5983 | −0.138% | $2.8M | $1.8M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6008 | −0.042% | — | $1.5M | — | as long as short |
| Polymarket Perps MORPHO-USD | +0.0100% | 1h | 2.6130 | +0.427% | $25K | $1.2M | 5x | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6088 | +0.265% | $21K | $5K | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0202% / S −17.1882% | 1h | 2.6117 | +0.378% | $1K | — | 100x | as long as short |
Extended MORPHO-USD
MEXC MORPHO_USDT
Binance MORPHOUSDT
Reya MORPHORUSDPERP
Injective MORPHO/USDC PERP
Lighter MORPHO
Hyperliquid MORPHO
Bybit MORPHOUSDT
Gate MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
Polymarket Perps MORPHO-USD
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]