MORPHO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Polymarket PerpsMORPHO-USD	2.0919	−0.0230	get 0.0029% / 1h	18m 09s	$89K	$30K	5x	Long Polymarket Perps
SHORT	Kraken FuturesPF_MORPHOUSD	2.0889	−0.1360	pay 0.0170% / 1h	18m 09s	$150K	$57K	20x	Short Kraken Futures

Price gap−0.146%

Funding gap−0.1131% /8h

Both sides work against this direction now: funding costs $34 a day on $10k and the gap is 0.146% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$136−0.1131% /8h now · paid +1.364% over the last 7D

Price—spread −0.146% now · no price history on both exchanges yet

Costsno datano order book for Polymarket Perps

Result, before costs—no pointsneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.146%

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

/8h

MORPHO on 24 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Polymarket Perps: its slippage is not counted.
Note: Margin at max leverage$2,000 + $500
Polymarket Perps 5x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$33.93Long Polymarket Perps: 24 payments, +$6.89; short Kraken Futures: 24 payments, −$40.81.
Note: No 7-day spread history−0.146%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$89K vs $150K OI
Polymarket Perps sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPolymarket Perps No · Kraken Futures Yes
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0650%/8h × 21 periods+$136.40

Price spread−0.146% → 0−$14.58

Slippage, 4 ordersno data for Polymarket Perps—

Fee Polymarket Perps bp × 2 orders−$8.00

Fee Kraken Futures bp × 2 orders−$10.00

Net, fees only · 7 days · $10k+$103.82

Costs to cover0.180%Break-even1.7 days

Slippage: Polymarket Perps: no order-book sample; Kraken Futures: live order book, 25 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPolymarket Perps—————

SELL · SHORTKraken Futures19.2643.8 bp−$441185.5 bp−$11.9Kdoesn’t fitdoesn’t fit

Closing costs about the same again.
Polymarket Perps: no data.

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 ↗
09-17 15:30	Deribit	Listing	🚨 More new perpetual futures are coming to Deribit We are pleased to announce that tomorrow, September 18, 2026, at 10:00 AM UTC, Deribit is launching a new lineup of USDC-settled perpetuals. MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM Contract details: 🔹Settlement: USDC 🔹All contract details and specifications 🔽 Please note that these newly listed perpetual contracts are subject to our Auto-Deleveraging Mechanism (ADL) and are covered by the Liquidity Support Program (LSP). By trading any of the products listed above, you acknowledge and agree that the terms of ADL and LSP will apply. @DeribitOfficial on X ↗