Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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: Aster is 0.043% cheaper against Bitget than usual: you would sell low and buy high, −$4 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 | Bitget MORPHOUSDT | 2.6531 | 0.0100 | pay 0.0050% / 4h | 16m 40s | $2.9M | $1.8M | 75x |
| Short | Aster MORPHOUSDT | 2.6520 | 0.0097 | get 0.0048% / 4h | 16m 40s | $58K | $30K | 20x |
Bitget MORPHOUSDT
Aster MORPHOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$0.66
- Price spread: −0.043% → 0.000%
- −$4.26
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$24.92
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Aster: 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 Bitget live order book, 1 min ago | 3.58 bp | 25.7 bp −$26 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MORPHOUSD | −0.1755% | 1h | 2.6496 | −0.131% | $81K | $143K | 20x | as long as short |
| 01 Exchange MORPHOUSD | −0.0856% | 1h | 2.6474 | −0.215% | $870 | $12K | 5x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.0730% | 1h | 2.6503 | −0.106% | $11K | $812 | 10x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0490% | 4h | 2.6537 | +0.023% | $41K | $145K | 10x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0464% | 1h | 2.6529 | −0.008% | $28K | $1.7M | 5x | as long as short |
| Injective MORPHO/USDC PERP | −0.0405% | 1h | 2.6430 | −0.381% | $37 | $242K | 5.5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0360% | 1h | 2.6555 | +0.090% | $76K | $43K | 25x | as long as short |
| Bybit MORPHOUSDT | −0.0347% | 4h | 2.6500 | −0.117% | $8.4M | $9.2M | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0209% | 4h | 2.6538 | +0.026% | $637K | $253K | 20x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0145% | 4h | 2.6494 | −0.139% | $10K | $34K | 10x | as long as short |
Kraken Futures PF_MORPHOUSD
01 Exchange MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
GRVT MORPHO_USDT_Perp
Polymarket Perps MORPHO-USD
Injective MORPHO/USDC PERP
Coinbase International MORPHO-PERP-INTX
Bybit MORPHOUSDT
BloFin MORPHO-USDT
Orderly PERP_MORPHO_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MORPHO | −0.0144% | 4h | 2.6501 | −0.111% | $630K | $1.0M | — | as long as short |
| Gate MORPHO_USDT | −0.0072% | 4h | 2.6524 | −0.026% | $771K | $532K | 50x | as long as short |
| Phoenix MORPHO | −0.0060% | 1h | 2.6556 | +0.094% | $44K | $477K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6505 | −0.098% | $16 | — | 10x | as long as short |
| MEXC MORPHO_USDT | +0.0030% | 4h | 2.6522 | −0.034% | $5.5M | $961K | 100x | as long as short |
| Extended MORPHO-USD | +0.0032% | 1h | 2.6515 | −0.059% | $103K | $298K | 10x | as long as short |
| Binance MORPHOUSDT | +0.0036% | 4h | 2.6522 | −0.034% | $16.0M | $26.0M | 75x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6569 | +0.144% | $316K | $331K | 5x | as long as short |
| Aster MORPHOUSDTshort | +0.0097% | 4h | 2.6520 | −0.043% | $58K | $30K | 20x | |
| Paradex MORPHO-USD-PERP | +0.0100% | 8h | 2.6528 | −0.012% | $5K | $3 | 5x | as long as short |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6596 | +0.245% | $6.3M | $7.0M | 5x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6514 | −0.064% | $3.2M | $4.5M | 20x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6533 | +0.008% | $594K | $268K | 50x | as long as short |
| Bitget MORPHOUSDTlong | +0.0100% | 4h | 2.6531 | long leg | $2.9M | $1.8M | 75x | |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6511 | −0.075% | — | $1.4M | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6516 | −0.057% | $22K | $4K | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0158% / S −0.3418% | 1h | 2.6519 | −0.046% | $1K | — | 100x | as long as short |
Variational Omni MORPHO
Gate MORPHO_USDT
Phoenix MORPHO
Reya MORPHORUSDPERP
MEXC MORPHO_USDT
Extended MORPHO-USD
Binance MORPHOUSDT
Lighter MORPHO
Paradex MORPHO-USD-PERP
Hyperliquid MORPHO
OKX MORPHO-USDT-SWAP
KuCoin MORPHOUSDTM
BingX MORPHO-USDT
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]