data as of
Settings8H · net · $10k
Funding arb /

MORPHO

all MORPHO markets
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Funding spread now, next payment 20:00 UTC−0.0087%/8h
next payment, per $10,000$0.44paid, last 24h−0.009%paid, last 7 days−0.025%to open and close $10k−$72
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MORPHOUSDT2.72980.0100pay 0.0050% / 4h3h 32m$16.8M$30.5M75x
ShortBybit MORPHOUSDT2.73160.0013get 0.0006% / 4h3h 32m$9.0M$11.2M25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$18.3
Slippage, 4 orders
−$51.14
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$90.44
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.067%
Avg gap 7d
+0.092%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago1.09 bp14.0 bp −$1436.9 bp −$369doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.66 bp21.7 bp −$2270.1 bp −$701doesn't fitdoesn't fit

MORPHO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit MORPHO_USDC-PERPETUAL−0.1175%1h$11K$44310xas long as short
Kraken Futures PF_MORPHOUSD−0.1053%1h$99K$183K20xas long as short
01 Exchange MORPHOUSD−0.0688%1h$896$10K5xas long as short
Gate MORPHO_USDT−0.0384%4h$767K$574K50xas long as short
Coinbase International MORPHO-PERP-INTX−0.0256%1h$79K$52K25xas long as short
Polymarket Perps MORPHO-USD−0.0244%1h$27K$3.0M5xas long as short
BloFin MORPHO-USDT−0.0200%4h$677K$244K20xas long as short
Phoenix MORPHO−0.0146%1h$35K$554K5xas long as short
Orderly PERP_MORPHO_USDC−0.0133%4h$11K$34K10xas long as short
Reya MORPHORUSDPERP−0.0004%1h$1610xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MORPHOUSDTshort+0.0013%4h$9.0M$11.2M25x
Injective MORPHO/USDC PERP+0.0033%1h$38$34K5.5xas long as short
Lighter MORPHO+0.0096%1h$320K$474K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h$5K$35xas long as short
Aster MORPHOUSDT+0.0100%4h$60K$34K20xas long as short
Binance MORPHOUSDTlong+0.0100%4h$16.8M$30.5M75x
OKX MORPHO-USDT-SWAP+0.0100%4h$3.2M$5.6M20xas long as short
MEXC MORPHO_USDT+0.0100%4h$4.9M$1.3M100xas long as short
KuCoin MORPHOUSDTM+0.0100%4h$662K$380K50xas long as short
Bitget MORPHOUSDT+0.0100%4h$3.0M$2.6M75xas long as short
BingX MORPHO-USDT+0.0100%4h$1.5Mas long as short
Variational Omni MORPHO+0.0100%4h$670K$1.4Mas long as short
SoDEX MORPHO-USD+0.0100%1h$23K$2K5xas long as short
Extended MORPHO-USD+0.0104%1h$103K$304K10xas long as short
Hyperliquid MORPHO+0.0126%1h$6.7M$8.1M5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0197% / S −0.0897%1h$2K100xas long as short