Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against SoDEX+0.033%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.033% dearer against SoDEX 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 | SoDEX MORPHO-USD | 2.6007 | 0.0100 | pay 0.0013% / 1h | 50m 14s | $21K | $4K | 5x |
| Short | Paradex MORPHO-USD-PERP | 2.6016 | 0.0100 | get 0.0100% / 8h | 1h 50m | $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: +0.033% → 0.000%
- $3.33
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.67
- 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit MORPHO_USDC-PERPETUAL | −0.1592% | 1h | 2.6011 | +0.015% | $11K | $2K | 10x | as long as short |
| Kraken Futures PF_MORPHOUSD | −0.1373% | 1h | 2.5990 | −0.065% | $82K | $138K | 20x | as long as short |
| 01 Exchange MORPHOUSD | −0.1032% | 1h | 2.5951 | −0.215% | $853 | $9K | 5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0432% | 1h | 2.5819 | −0.723% | $72K | $40K | 25x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0313% | 1h | 2.6020 | +0.050% | $27K | $1.5M | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0294% | 4h | 2.5958 | −0.188% | $30K | $134K | 10x | as long as short |
| BloFin MORPHO-USDT | −0.0200% | 4h | 2.5974 | −0.127% | $639K | $241K | 20x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0127% | 4h | 2.6014 | +0.027% | $10K | $34K | 10x | as long as short |
| Phoenix MORPHO | −0.0092% | 1h | 2.5977 | −0.115% | $33K | $339K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.6005 | −0.007% | $16 | — | 10x | as long as short |
Deribit MORPHO_USDC-PERPETUAL
Kraken Futures PF_MORPHOUSD
01 Exchange MORPHOUSD
Coinbase International MORPHO-PERP-INTX
Polymarket Perps MORPHO-USD
GRVT MORPHO_USDT_Perp
BloFin MORPHO-USDT
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 | +1.626% | $37 | $242K | 5.5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6037 | +0.113% | $313K | $294K | 5x | as long as short |
| Paradex MORPHO-USD-PERPshort | +0.0100% | 8h | 2.6016 | +0.033% | $5K | $3 | 5x | |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6056 | +0.188% | $5.9M | $7.0M | 5x | as long as short |
| Aster MORPHOUSDT | +0.0100% | 4h | 2.6042 | +0.134% | $58K | $33K | 20x | as long as short |
| Binance MORPHOUSDT | +0.0100% | 4h | 2.6006 | −0.004% | $15.8M | $24.5M | 75x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.6020 | +0.050% | $8.0M | $8.6M | 25x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6033 | +0.100% | $3.2M | $4.1M | 20x | as long as short |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.6011 | +0.015% | $767K | $508K | 50x | as long as short |
| MEXC MORPHO_USDT | +0.0100% | 4h | 2.6010 | +0.012% | $6.2M | $895K | 100x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6033 | +0.100% | $590K | $256K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6006 | −0.004% | $2.8M | $1.6M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6018 | +0.042% | — | $1.4M | — | as long as short |
| Variational Omni MORPHO | +0.0100% | 4h | 2.5961 | −0.178% | $618K | $677K | — | as long as short |
| SoDEX MORPHO-USDlong | +0.0100% | 1h | 2.6007 | long leg | $21K | $4K | 5x | |
| Extended MORPHO-USD | +0.0104% | 1h | 2.6007 | +0.001% | $100K | $342K | 10x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0186% / S −15.6829% | 1h | 2.6037 | +0.117% | $1K | — | 100x | as long as short |
Injective MORPHO/USDC PERP
Lighter MORPHO
Hyperliquid MORPHO
Aster MORPHOUSDT
Binance MORPHOUSDT
Bybit MORPHOUSDT
OKX MORPHO-USDT-SWAP
Gate MORPHO_USDT
MEXC MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
Variational Omni MORPHO
Extended MORPHO-USD
GMX MORPHO/USD [ETH-USDC]