Funding you earn now, next payment 00:00 UTC+0.0262%/8h= +28.6% APRnext payment +$1.31 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Variational Omni+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MORPHO | 2.6511 | −0.0165 | get 0.0082% / 4h | 16m 18s | $629K | $1.0M | — |
| Short | Aster MORPHOUSDT | 2.6515 | 0.0097 | get 0.0048% / 4h | 16m 18s | $58K | $30K | 20x |
Variational Omni MORPHO
Aster MORPHOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.92
- Price spread: +0.016% → 0.000%
- $1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $48.51
- Costs to cover
- 0.080%
- Break-even
- 0.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 3 min ago | 6.49 bp | doesn't fit | 68.4 bp −$684 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MORPHOUSD | −0.1754% | 1h | 2.6508 | −0.012% | $81K | $143K | 20x | as long as short |
| 01 Exchange MORPHOUSD | −0.0856% | 1h | 2.6474 | −0.140% | $870 | $12K | 5x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.0730% | 1h | 2.6509 | −0.008% | $11K | $812 | 10x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0490% | 4h | 2.6537 | +0.098% | $41K | $145K | 10x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0462% | 1h | 2.6507 | −0.016% | $28K | $1.7M | 5x | as long as short |
| Injective MORPHO/USDC PERP | −0.0405% | 1h | 2.6430 | −0.306% | $37 | $242K | 5.5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0360% | 1h | 2.6555 | +0.165% | $76K | $43K | 25x | as long as short |
| Bybit MORPHOUSDT | −0.0347% | 4h | 2.6499 | −0.046% | $8.4M | $9.2M | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0209% | 4h | 2.6538 | +0.101% | $637K | $253K | 20x | as long as short |
| Variational Omni MORPHOlong | −0.0165% | 4h | 2.6511 | long leg | $629K | $1.0M | — |
Kraken Futures PF_MORPHOUSD
01 Exchange MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
GRVT MORPHO_USDT_Perp
Polymarket Perps MORPHO-USD
Injective MORPHO/USDC PERP
Coinbase International MORPHO-PERP-INTX
Bybit MORPHOUSDT
BloFin MORPHO-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MORPHO_USDC | −0.0145% | 4h | 2.6502 | −0.035% | $10K | $34K | 10x | as long as short |
| Gate MORPHO_USDT | −0.0072% | 4h | 2.6511 | −0.001% | $771K | $532K | 50x | as long as short |
| Phoenix MORPHO | −0.0060% | 1h | 2.6556 | +0.169% | $44K | $477K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6503 | −0.031% | $16 | — | 10x | as long as short |
| MEXC MORPHO_USDT | +0.0030% | 4h | 2.6507 | −0.016% | $5.5M | $961K | 100x | as long as short |
| Extended MORPHO-USD | +0.0032% | 1h | 2.6500 | −0.043% | $103K | $298K | 10x | as long as short |
| Binance MORPHOUSDT | +0.0036% | 4h | 2.6505 | −0.024% | $16.0M | $26.0M | 75x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6555 | +0.164% | $316K | $331K | 5x | as long as short |
| Aster MORPHOUSDTshort | +0.0097% | 4h | 2.6515 | +0.016% | $58K | $30K | 20x | |
| Paradex MORPHO-USD-PERP | +0.0100% | 8h | 2.6528 | +0.063% | $5K | $3 | 5x | as long as short |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.6576 | +0.245% | $6.3M | $7.0M | 5x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6502 | −0.035% | $3.2M | $4.5M | 20x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6532 | +0.079% | $594K | $268K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6527 | +0.060% | $2.9M | $1.8M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6506 | −0.019% | — | $1.4M | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6511 | −0.001% | $22K | $4K | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0158% / S −0.3418% | 1h | 2.6529 | +0.068% | $1K | — | 100x | as long as short |
Orderly PERP_MORPHO_USDC
Gate MORPHO_USDT
Phoenix MORPHO
Reya MORPHORUSDPERP
MEXC MORPHO_USDT
Extended MORPHO-USD
Binance MORPHOUSDT
Lighter MORPHO
Paradex MORPHO-USD-PERP
Hyperliquid MORPHO
OKX MORPHO-USDT-SWAP
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]