MORPHO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.004%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$440.444% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.009%−$1 · spread now +0.004%, 7d avg −0.003%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MORPHOUSDT	2.5780	−0.0148	get 0.0074% / 4h	14m 43s	$15.5M	$24.1M	75x
Short	MEXC MORPHO_USDT	2.5781	−0.0148	pay 0.0074% / 4h	14m 43s	$6.2M	$908K	100x

Funding history

latest

Range statsloading…

MEXC 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 MEXCbpOrdersPrice spread, now +0.004%Rate

Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 3 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, 11 min ago	0.58 bp	16.0 bp −$16	41.7 bp −$417	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.97 bp	6.6 bp −$7	39.7 bp −$397	190.1 bp −$19.0K	doesn't fit

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	−0.1532%	1h	2.5773	−0.027%	$11K	$3K	10x	as long as short
01 Exchange MORPHOUSD	−0.1488%	1h	2.5725	−0.213%	$845	$9K	5x	as long as short
Kraken Futures PF_MORPHOUSD	−0.1239%	1h	2.5742	−0.148%	$84K	$133K	20x	as long as short
GRVT MORPHO_USDT_Perp	−0.0704%	4h	2.5772	−0.031%	$30K	$135K	10x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0496%	1h	2.5791	+0.043%	$71K	$37K	25x	as long as short
Bybit MORPHOUSDT	−0.0494%	4h	2.5811	+0.120%	$7.9M	$8.4M	25x	as long as short
Polymarket Perps MORPHO-USD	−0.0409%	1h	2.5793	+0.050%	$27K	$1.4M	5x	as long as short
BloFin MORPHO-USDT	−0.0388%	4h	2.5761	−0.074%	$630K	$238K	20x	as long as short
Variational Omni MORPHO	−0.0378%	4h	2.5786	+0.023%	$614K	$526K	—	as long as short
Orderly PERP_MORPHO_USDC	−0.0235%	4h	2.5768	−0.047%	$10K	$34K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix MORPHO	−0.0185%	1h	2.5801	+0.081%	$33K	$336K	5x	as long as short
Extended MORPHO-USD	−0.0152%	1h	2.5773	−0.027%	$99K	$375K	10x	as long as short
Binance MORPHOUSDTlong	−0.0148%	4h	2.5780	long leg	$15.5M	$24.1M	75x
MEXC MORPHO_USDTshort	−0.0148%	4h	2.5781	+0.004%	$6.2M	$908K	100x
Gate MORPHO_USDT	−0.0140%	4h	2.5793	+0.050%	$759K	$506K	50x	as long as short
Aster MORPHOUSDT	−0.0081%	4h	2.5780	−0.002%	$54K	$48K	20x	as long as short
Reya MORPHORUSDPERP	−0.0005%	1h	2.5764	−0.062%	$15	—	10x	as long as short
Injective MORPHO/USDC PERP	+0.0033%	1h	2.6430	+2.521%	$37	$242K	5.5x	as long as short
Lighter MORPHO	+0.0096%	1h	2.5817	+0.145%	$311K	$288K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	8h	2.5794	+0.052%	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	2.5830	+0.194%	$5.9M	$7.0M	5x	as long as short
OKX MORPHO-USDT-SWAP	+0.0100%	4h	2.5795	+0.058%	$3.2M	$4.1M	20x	as long as short
KuCoin MORPHOUSDTM	+0.0100%	4h	2.5791	+0.043%	$587K	$264K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	2.5782	+0.008%	$2.8M	$1.6M	75x	as long as short
BingX MORPHO-USDT	+0.0100%	4h	2.5789	+0.035%	—	$1.4M	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	2.5765	−0.058%	$21K	$5K	5x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0157% / S −12.8912%	1h	2.5804	+0.093%	$1K	—	100x	as long as short