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: MEXC against Bitget−0.019%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$570.574% 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+0.057%+$6 · spread now −0.019%, 7d avg 0.000%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MORPHOUSDT	2.6316	0.0100	pay 0.0050% / 4h	1h 20m	$2.8M	$1.8M	75x
Short	MEXC MORPHO_USDT	2.6311	0.0100	get 0.0050% / 4h	1h 20m	$5.8M	$841K	100x

Funding history

latest

Range statsloading…

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now −0.019%Rate

Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 min ago.

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, 2 min ago	3.42 bp	19.8 bp −$20	70.0 bp −$700	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.57 bp	6.4 bp −$6	28.5 bp −$285	130.5 bp −$13.0K	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
Kraken Futures PF_MORPHOUSD	−0.1667%	1h	2.6292	−0.092%	$82K	$127K	20x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.1040%	1h	2.6327	+0.042%	$11K	$759	10x	as long as short
01 Exchange MORPHOUSD	−0.0656%	1h	2.6275	−0.156%	$863	$9K	5x	as long as short
BloFin MORPHO-USDT	−0.0200%	4h	2.6319	+0.011%	$639K	$244K	20x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0192%	1h	2.6345	+0.110%	$75K	$42K	25x	as long as short
Orderly PERP_MORPHO_USDC	−0.0157%	4h	2.6327	+0.042%	$10K	$34K	10x	as long as short
Polymarket Perps MORPHO-USD	−0.0150%	1h	2.6315	−0.004%	$25K	$1.7M	5x	as long as short
GRVT MORPHO_USDT_Perp	−0.0130%	4h	2.6293	−0.089%	$32K	$142K	10x	as long as short
Reya MORPHORUSDPERP	−0.0005%	1h	2.6284	−0.123%	$16	—	10x	as long as short
Phoenix MORPHO	0.0000%	1h	2.6188	−0.486%	$43K	$392K	5x	as long as short

Show 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	+0.433%	$37	$242K	5.5x	as long as short
Gate MORPHO_USDT	+0.0046%	4h	2.6338	+0.084%	$758K	$504K	50x	as long as short
Lighter MORPHO	+0.0096%	1h	2.6353	+0.141%	$316K	$308K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	8h	2.6329	+0.048%	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	2.6339	+0.087%	$6.2M	$6.9M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	2.6340	+0.092%	$58K	$30K	20x	as long as short
Binance MORPHOUSDT	+0.0100%	4h	2.6293	−0.086%	$15.9M	$25.3M	75x	as long as short
Bybit MORPHOUSDT	+0.0100%	4h	2.6321	+0.019%	$8.3M	$9.3M	25x	as long as short
OKX MORPHO-USDT-SWAP	+0.0100%	4h	2.6310	−0.023%	$3.2M	$4.3M	20x	as long as short
MEXC MORPHO_USDTshort	+0.0100%	4h	2.6311	−0.019%	$5.8M	$841K	100x
KuCoin MORPHOUSDTM	+0.0100%	4h	2.6328	+0.046%	$598K	$251K	50x	as long as short
Bitget MORPHOUSDTlong	+0.0100%	4h	2.6316	long leg	$2.8M	$1.8M	75x
BingX MORPHO-USDT	+0.0100%	4h	2.6327	+0.042%	—	$1.4M	—	as long as short
Variational Omni MORPHO	+0.0100%	4h	2.6345	+0.111%	$628K	$848K	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	2.6318	+0.008%	$22K	$4K	5x	as long as short
Extended MORPHO-USD	+0.0104%	1h	2.6309	−0.027%	$101K	$353K	10x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0186% / S −15.6829%	1h	2.6308	−0.032%	$1K	—	100x	as long as short