MORPHO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against Binance+0.042%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$530.530% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days+0.025%+$3 · spread now +0.042%, 7d avg +0.041%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MORPHOUSDT	2.6260	0.0100	pay 0.0050% / 4h	2h 11m	$15.9M	$25.4M	75x
Short	BingX MORPHO-USDT	2.6271	0.0100	get 0.0050% / 4h	2h 11m	—	$1.4M	—

Funding history

latest

Range statsloading…

BingX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now +0.042%Rate

Slippage from Binance: live order book, 15 min ago; BingX: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	0.38 bp	16.5 bp −$16	41.0 bp −$410	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	2.28 bp	15.9 bp −$16	38.2 bp −$382	214.1 bp −$21.4K	656.3 bp −$328.1K

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	−0.1908%	1h	2.6259	−0.005%	$80K	$128K	20x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.0510%	1h	2.6286	+0.099%	$11K	$785	10x	as long as short
01 Exchange MORPHOUSD	−0.0440%	1h	2.6242	−0.069%	$862	$9K	5x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0232%	1h	2.6379	+0.453%	$76K	$42K	25x	as long as short
Orderly PERP_MORPHO_USDC	−0.0151%	4h	2.6261	+0.004%	$10K	$34K	10x	as long as short
Polymarket Perps MORPHO-USD	−0.0106%	1h	2.6254	−0.023%	$28K	$1.8M	5x	as long as short
Reya MORPHORUSDPERP	−0.0004%	1h	2.6247	−0.050%	$16	—	10x	as long as short
GRVT MORPHO_USDT_Perp	+0.0012%	4h	2.6265	+0.018%	$32K	$142K	10x	as long as short
Phoenix MORPHO	+0.0030%	1h	2.6291	+0.118%	$43K	$426K	5x	as long as short
Injective MORPHO/USDC PERP	+0.0033%	1h	2.6430	+0.647%	$37	$242K	5.5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MORPHO_USDT	+0.0072%	4h	2.6273	+0.050%	$765K	$507K	50x	as long as short
Lighter MORPHO	+0.0096%	1h	2.6307	+0.179%	$315K	$319K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	8h	2.6261	+0.002%	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	2.6301	+0.156%	$6.2M	$7.0M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	2.6280	+0.077%	$57K	$30K	20x	as long as short
Binance MORPHOUSDTlong	+0.0100%	4h	2.6260	long leg	$15.9M	$25.4M	75x
Bybit MORPHOUSDT	+0.0100%	4h	2.6261	+0.004%	$8.3M	$9.3M	25x	as long as short
OKX MORPHO-USDT-SWAP	+0.0100%	4h	2.6280	+0.076%	$3.2M	$4.3M	20x	as long as short
MEXC MORPHO_USDT	+0.0100%	4h	2.6253	−0.027%	$5.6M	$915K	100x	as long as short
KuCoin MORPHOUSDTM	+0.0100%	4h	2.6285	+0.095%	$597K	$254K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	2.6261	+0.004%	$2.9M	$1.7M	75x	as long as short
BingX MORPHO-USDTshort	+0.0100%	4h	2.6271	+0.042%	—	$1.4M	—
Variational Omni MORPHO	+0.0100%	4h	2.6235	−0.095%	$625K	$912K	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	2.6280	+0.076%	$22K	$4K	5x	as long as short
Extended MORPHO-USD	+0.0104%	1h	2.6261	+0.005%	$101K	$355K	10x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0186% / S −15.6829%	1h	2.6276	+0.061%	$1K	—	100x	as long as short