Settings8H · net · $10k
Funding arb · Price arb /

MORPHO

all MORPHO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Aster+0.086%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.086% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MORPHOUSDT2.58290.0100pay 0.0050% / 4h2h 39m$57K$31K20x
ShortKuCoin MORPHOUSDTM2.58510.0100get 0.0050% / 4h2h 39m$593K$247K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.086% → 0.000%
$8.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.43
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 20 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell KuCoin live order book, 20 min ago15.21 bp107.1 bp −$107202.2 bp −$2,022doesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MORPHOUSD−0.1565%1h2.5794−0.136%$81K$129K20xas long as short
Deribit MORPHO_USDC-PERPETUAL−0.1180%1h2.5830+0.004%$11K$2K10xas long as short
01 Exchange MORPHOUSD−0.0912%1h2.5761−0.263%$847$9K5xas long as short
GRVT MORPHO_USDT_Perp−0.0414%4h2.5825−0.017%$32K$134K10xas long as short
Coinbase International MORPHO-PERP-INTX−0.0216%1h2.5841+0.047%$73K$39K25xas long as short
BloFin MORPHO-USDT−0.0176%4h2.5829+0.001%$636K$243K20xas long as short
Phoenix MORPHO−0.0154%1h2.5870+0.159%$33K$330K5xas long as short
Orderly PERP_MORPHO_USDC−0.0132%4h2.5831+0.008%$10K$34K10xas long as short
Reya MORPHORUSDPERP−0.0005%1h2.5825−0.015%$1510xas long as short
Polymarket Perps MORPHO-USD+0.0004%1h2.5829+0.001%$25K$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MORPHO/USDC PERP+0.0033%1h2.6430+2.327%$37$242K5.5xas long as short
Extended MORPHO-USD+0.0080%1h2.5826−0.010%$104K$348K10xas long as short
Binance MORPHOUSDT+0.0084%4h2.5833+0.016%$15.6M$24.0M75xas long as short
MEXC MORPHO_USDT+0.0084%4h2.5810−0.073%$5.9M$874K100xas long as short
Lighter MORPHO+0.0096%1h2.5849+0.079%$311K$295K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h2.5800−0.113%$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h2.5855+0.101%$5.9M$6.7M5xas long as short
Aster MORPHOUSDTlong+0.0100%4h2.5829long leg$57K$31K20x
Bybit MORPHOUSDT+0.0100%4h2.5850+0.082%$8.0M$8.5M25xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h2.5854+0.097%$3.2M$4.0M20xas long as short
Gate MORPHO_USDT+0.0100%4h2.5821−0.030%$767K$483K50xas long as short
KuCoin MORPHOUSDTMshort+0.0100%4h2.5851+0.086%$593K$247K50x
Bitget MORPHOUSDT+0.0100%4h2.5831+0.008%$2.8M$1.6M75xas long as short
BingX MORPHO-USDT+0.0100%4h2.5829+0.001%$1.4Mas long as short
Variational Omni MORPHO+0.0100%4h2.5841+0.047%$615K$677Kas long as short
SoDEX MORPHO-USD+0.0100%1h2.5832+0.012%$21K$4K5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0162% / S +0.0035%1h2.5856+0.107%$6K100xas long as short