Funding arb · Price arb / Crypto
MORPHO
All MORPHO markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0652 | spot | no funding | — | — | $694K | 1x | Buy Bybit Spot | |
| SHORT | 2.0637 | +0.0100 | get 0.0050% / 4h | 3h 48m | $6.2M | $1.5M | 25x | Short Bybit |
Price gap−0.070%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.032% under its 7d average: −$3 if it goes back, about 26 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$13+0.0100% /8h now · paid −0.127% over the last 7D
Price−$3spread −0.070% now, avg −0.038% → −0.032% if it goes back
Costs−$1201.199% of $10k · taker + slippage, in and out
Result−$136−1.36%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.070%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMORPHO on 24 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size30.1 / 27.9 bpAt $10k entering Bybit Spot costs 30.1 bp, fee and slippage, 1.1× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.070% vs −0.038%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$6.2M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0061%/8h × 21 periods−$12.73
Price spread−0.070% → −0.038% (7d avg)−$3.19
Slippage, 4 orderslive order books−$88.88
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$135.80
Costs to cover1.199%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 12 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot3.1230.1 bp−$3082.7 bp−$827doesn’t fitdoesn’t fit
SELL · SHORTBybit3.8727.9 bp−$2894.8 bp−$948doesn’t fitdoesn’t fit
Closing costs about the same again.
MORPHO news
posts that mention MORPHO, from every exchange| 09-18 10:04 | Deribit | Listing | 🚨 Now live on Deribit: MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗ |
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