Settings8H · net · $10k
Funding arb · Price arb /

MORPHO

all MORPHO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against KuCoin−0.169%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.169% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MORPHOUSDTM2.66190.0100pay 0.0050% / 4h2h 24m$624K$271K50x
ShortSoDEX MORPHO-USD2.65740.0100get 0.0013% / 1h24m 36s$22K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: −0.169% → 0.000%
−$16.91
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$36.91
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 58 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 58 min ago13.94 bp65.8 bp −$66203.9 bp −$2,039doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MORPHOUSD−0.2051%1h2.6574−0.170%$83K$148K20xas long as short
Deribit MORPHO_USDC-PERPETUAL−0.1177%1h2.6587−0.120%$11K$91110xas long as short
01 Exchange MORPHOUSD−0.0856%1h2.6571−0.180%$873$12K5xas long as short
Polymarket Perps MORPHO-USD−0.0399%1h2.6588−0.116%$26K$1.8M5xas long as short
GRVT MORPHO_USDT_Perp−0.0390%4h2.6543−0.286%$29K$154K10xas long as short
Injective MORPHO/USDC PERP−0.0385%1h2.6460−0.597%$37$161K5.5xas long as short
Coinbase International MORPHO-PERP-INTX−0.0296%1h2.6617−0.008%$77K$46K25xas long as short
BloFin MORPHO-USDT−0.0200%4h2.6574−0.169%$647K$222K20xas long as short
Orderly PERP_MORPHO_USDC−0.0172%4h2.6597−0.083%$10K$34K10xas long as short
Gate MORPHO_USDT−0.0078%4h2.6587−0.120%$762K$523K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MORPHOUSDT−0.0056%4h2.6596−0.086%$8.6M$10.1M25xas long as short
Phoenix MORPHO−0.0030%1h2.6539−0.301%$34K$493K5xas long as short
Reya MORPHORUSDPERP−0.0004%1h2.6589−0.112%$1610xas long as short
Lighter MORPHO+0.0096%1h2.6642+0.087%$317K$336K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h2.6602−0.062%$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h2.6648+0.109%$6.2M$7.1M5xas long as short
Aster MORPHOUSDT+0.0100%4h2.6615−0.017%$58K$33K20xas long as short
Binance MORPHOUSDT+0.0100%4h2.6587−0.119%$16.3M$26.8M75xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h2.6631+0.045%$3.2M$4.5M20xas long as short
MEXC MORPHO_USDT+0.0100%4h2.6591−0.105%$5.5M$1.2M100xas long as short
KuCoin MORPHOUSDTMlong+0.0100%4h2.6619long leg$624K$271K50x
Bitget MORPHOUSDT+0.0100%4h2.6593−0.098%$2.9M$2.0M75xas long as short
BingX MORPHO-USDT+0.0100%4h2.6612−0.026%$1.5Mas long as short
Variational Omni MORPHO+0.0100%4h2.6609−0.037%$644K$1.4Mas long as short
SoDEX MORPHO-USDshort+0.0100%1h2.6574−0.169%$22K$3K5x
Extended MORPHO-USD+0.0104%1h2.6592−0.102%$103K$301K10xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0188% / S −12.8197%1h2.6613−0.024%$1K100xas long as short