Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Aster+0.081%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.081% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MORPHOUSDT | 2.6533 | 0.0053 | pay 0.0027% / 4h | 4m 35s | $58K | $30K | 20x |
| Short | BingX MORPHO-USDT | 2.6555 | 0.0100 | get 0.0050% / 4h | 4m 35s | — | $1.4M | — |
Aster MORPHOUSDT
BingX MORPHO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- $9.85
- Price spread: +0.081% → 0.000%
- $8.11
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$0.03
- Costs to cover
- 0.180%
- Break-even
- 7.0 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 2 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 2.08 bp | 13.4 bp −$13 | 27.2 bp −$272 | 169.6 bp −$17.0K | 653.7 bp −$326.8K |
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 | 2.6510 | −0.090% | $81K | $143K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.1068% | 1h | 2.6513 | −0.077% | $11K | $812 | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0856% | 1h | 2.6492 | −0.156% | $871 | $12K | 5x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0464% | 1h | 2.6513 | −0.077% | $28K | $1.7M | 5x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0448% | 4h | 2.6519 | −0.056% | $41K | $146K | 10x | as long as short |
| Injective MORPHO/USDC PERP | −0.0405% | 1h | 2.6430 | −0.390% | $37 | $242K | 5.5x | as long as short |
| Bybit MORPHOUSDT | −0.0360% | 4h | 2.6580 | +0.175% | $8.4M | $9.3M | 25x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0360% | 1h | 2.6546 | +0.047% | $76K | $43K | 25x | as long as short |
| Variational Omni MORPHO | −0.0201% | 4h | 2.6491 | −0.158% | $630K | $1.0M | — | as long as short |
| BloFin MORPHO-USDT | −0.0187% | 4h | 2.6506 | −0.104% | $637K | $253K | 20x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
Polymarket Perps MORPHO-USD
GRVT MORPHO_USDT_Perp
Injective MORPHO/USDC PERP
Bybit MORPHOUSDT
Coinbase International MORPHO-PERP-INTX
Variational Omni MORPHO
BloFin MORPHO-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MORPHO_USDC | −0.0144% | 4h | 2.6510 | −0.088% | $10K | $34K | 10x | as long as short |
| Gate MORPHO_USDT | −0.0062% | 4h | 2.6549 | +0.059% | $770K | $533K | 50x | as long as short |
| Phoenix MORPHO | −0.0060% | 1h | 2.6548 | +0.055% | $43K | $477K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6509 | −0.090% | $16 | — | 10x | as long as short |
| MEXC MORPHO_USDT | +0.0052% | 4h | 2.6542 | +0.032% | $5.5M | $961K | 100x | as long as short |
| Aster MORPHOUSDTlong | +0.0053% | 4h | 2.6533 | long leg | $58K | $30K | 20x | |
| Binance MORPHOUSDT | +0.0054% | 4h | 2.6564 | +0.115% | $16.1M | $26.0M | 75x | as long as short |
| Extended MORPHO-USD | +0.0056% | 1h | 2.6536 | +0.009% | $103K | $298K | 10x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6595 | +0.230% | $317K | $331K | 5x | as long as short |
| Paradex MORPHO-USD-PERP | +0.0100% | 8h | 2.6544 | +0.039% | $5K | $3 | 5x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6573 | +0.149% | $3.2M | $4.5M | 20x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6552 | +0.070% | $595K | $267K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6559 | +0.096% | $2.9M | $1.8M | 75x | as long as short |
| BingX MORPHO-USDTshort | +0.0100% | 4h | 2.6555 | +0.081% | — | $1.4M | — | |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6508 | −0.096% | $22K | $4K | 5x | as long as short |
| Hyperliquid MORPHO | +0.0107% | 1h | 2.6619 | +0.322% | $6.3M | $7.0M | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0158% / S −0.3418% | 1h | 2.6539 | +0.022% | $1K | — | 100x | as long as short |
Orderly PERP_MORPHO_USDC
Gate MORPHO_USDT
Phoenix MORPHO
Reya MORPHORUSDPERP
MEXC MORPHO_USDT
Binance MORPHOUSDT
Extended MORPHO-USD
Lighter MORPHO
Paradex MORPHO-USD-PERP
OKX MORPHO-USDT-SWAP
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
SoDEX MORPHO-USD
Hyperliquid MORPHO
GMX MORPHO/USD [ETH-USDC]