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

MORPHO

all MORPHO markets
SwapBacktest
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 0.000%
Price spread now: Aster against MEXC+0.094%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.094% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MORPHO_USDT2.63180.0100pay 0.0050% / 4h1h 22m$5.8M$841K100x
ShortAster MORPHOUSDT2.63430.0100get 0.0050% / 4h1h 22m$58K$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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: +0.094% → 0.000%
$9.43
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$2.57
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, just now; 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, just now0.57 bp6.4 bp −$649.4 bp −$494151.1 bp −$15.1Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MORPHOUSD−0.1667%1h2.6298−0.078%$82K$127K20xas long as short
Deribit MORPHO_USDC-PERPETUAL−0.0964%1h2.6322+0.015%$11K$75910xas long as short
01 Exchange MORPHOUSD−0.0672%1h2.6327+0.034%$865$9K5xas long as short
BloFin MORPHO-USDT−0.0200%4h2.6289−0.110%$641K$243K20xas long as short
Coinbase International MORPHO-PERP-INTX−0.0192%1h2.6305−0.049%$75K$42K25xas long as short
Orderly PERP_MORPHO_USDC−0.0157%4h2.6314−0.015%$10K$34K10xas long as short
Polymarket Perps MORPHO-USD−0.0150%1h2.6339+0.080%$25K$1.7M5xas long as short
GRVT MORPHO_USDT_Perp−0.0148%4h2.6180−0.524%$32K$142K10xas long as short
Reya MORPHORUSDPERP−0.0005%1h2.6335+0.064%$1610xas long as short
Phoenix MORPHO0.0000%1h2.6188−0.494%$43K$392K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MORPHO/USDC PERP+0.0033%1h2.6430+0.426%$37$242K5.5xas long as short
Gate MORPHO_USDT+0.0046%4h2.6335+0.065%$758K$504K50xas long as short
Lighter MORPHO+0.0096%1h2.6348+0.113%$316K$308K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h2.6347+0.111%$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h2.6377+0.225%$6.2M$6.9M5xas long as short
Aster MORPHOUSDTshort+0.0100%4h2.6343+0.094%$58K$30K20x
Binance MORPHOUSDT+0.0100%4h2.6320+0.007%$15.9M$25.3M75xas long as short
Bybit MORPHOUSDT+0.0100%4h2.6343+0.095%$8.3M$9.3M25xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h2.6328+0.038%$3.2M$4.3M20xas long as short
MEXC MORPHO_USDTlong+0.0100%4h2.6318long leg$5.8M$841K100x
KuCoin MORPHOUSDTM+0.0100%4h2.6344+0.099%$598K$251K50xas long as short
Bitget MORPHOUSDT+0.0100%4h2.6330+0.046%$2.8M$1.8M75xas long as short
BingX MORPHO-USDT+0.0100%4h2.6329+0.042%$1.4Mas long as short
Variational Omni MORPHO+0.0100%4h2.6235−0.317%$625K$902Kas long as short
SoDEX MORPHO-USD+0.0100%1h2.6323+0.019%$22K$4K5xas long as short
Extended MORPHO-USD+0.0104%1h2.6312−0.021%$101K$353K10xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0186% / S −15.6829%1h2.6347+0.112%$1K100xas long as short