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

MORPHO

all MORPHO markets
SwapPrice view
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Funding spread now, next payment 18:00 UTC−0.0004%/8h
paid, last 24h+0.001%paid, last 7 days+0.008%to open and close $10k−$73
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MORPHOUSDT2.7056−0.0004get 0.0002% / 4h2h 37m$16.7M$28.8M75x
ShortExtended MORPHO-USD2.7060−0.0008pay 0.0001% / 1h37m 05s$102K$304K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.76
Slippage, 4 orders
−$57.61
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$73.37
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Extended: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.015%
Avg gap 7d
−0.018%
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, 6 min ago0.74 bp15.1 bp −$1538.1 bp −$381doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago2.40 bp21.4 bp −$21269.5 bp −$2,695doesn't fitdoesn't fit

MORPHO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit MORPHO_USDC-PERPETUAL−0.1041%1h$11K$44310xas long as short
01 Exchange MORPHOUSD−0.0960%1h$888$11K5xas long as short
Kraken Futures PF_MORPHOUSD−0.0923%1h$93K$175K20xas long as short
Gate MORPHO_USDT−0.0560%4h$765K$540K50xas long as short
Polymarket Perps MORPHO-USD−0.0443%1h$27K$2.8M5xas long as short
Coinbase International MORPHO-PERP-INTX−0.0336%1h$79K$49K25xas long as short
Orderly PERP_MORPHO_USDC−0.0180%4h$10K$34K10xas long as short
Bybit MORPHOUSDT−0.0136%4h$8.9M$10.6M25xas long as short
BloFin MORPHO-USDT−0.0073%4h$675K$222K20xas long as short
Phoenix MORPHO−0.0059%1h$35K$517K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended MORPHO-USDshort−0.0008%1h$102K$304K10x
MEXC MORPHO_USDT−0.0008%4h$4.8M$1.2M100xas long as short
Binance MORPHOUSDTlong−0.0004%4h$16.7M$28.8M75x
Reya MORPHORUSDPERP−0.0004%1h$1610xas long as short
Injective MORPHO/USDC PERP+0.0033%1h$38$34K5.5xas long as short
Lighter MORPHO+0.0096%1h$319K$364K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h$6.6M$7.8M5xas long as short
Aster MORPHOUSDT+0.0100%4h$59K$32K20xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h$3.2M$5.1M20xas long as short
KuCoin MORPHOUSDTM+0.0100%4h$656K$357K50xas long as short
Bitget MORPHOUSDT+0.0100%4h$3.0M$2.2M75xas long as short
BingX MORPHO-USDT+0.0100%4h$1.5Mas long as short
Variational Omni MORPHO+0.0100%4h$662K$1.4Mas long as short
SoDEX MORPHO-USD+0.0100%1h$23K$2K5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0197% / S −0.0897%1h$2K100xas long as short