Funding arb · Price arb / Crypto
MORPHO
All MORPHO markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0641 | spot | no funding | — | — | $1.1M | 1x | Buy OKX Spot | |
| SHORT | 2.0648 | −0.0046 | pay 0.0023% / 4h | 3h 48m | $3.2M | $2.6M | 20x | Short OKX |
Price gap+0.031%
Funding gap−0.0046% /8h
The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8−0.0046% /8h now · paid +0.078% over the last 7D
Price+$6spread +0.031% now, avg −0.027% → +0.059% if it goes back
Costs−$1261.256% of $10k · taker + slippage, in and out
Result−$112−1.12%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.031%
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
2 ok · 2 to watch- Watch: Thin at this size39.3 / 27.2 bpAt $10k entering OKX Spot costs 39.3 bp, fee and slippage, 1.4× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; OKX runs at up to 20x. 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 OKX.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: −$1.39Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$1.39.
- OK: Entry gap works for you+0.031% vs −0.027%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$3.2M OIOnly OKX reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Spot Yes · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0037%/8h × 21 periods+$7.79
Price spread+0.031% → −0.027% (7d avg)+$5.88
Slippage, 4 orderslive order books−$95.62
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$111.95
Costs to cover1.256%Break-even107.6 days
Slippage: OKX Spot: live order book, 12 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot2.6439.3 bp−$3958.1 bp−$581doesn’t fitdoesn’t fit
SELL · SHORTOKX1.2127.2 bp−$27doesn’t fitdoesn’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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