MORPHO

Alert

Funding spread now, next payment 20:00 UTC−0.0082%/8h

next payment, per $10,000−$0.41paid, last 24h0.000%paid, last 7 days−0.016%to open and close $10k−$66

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MORPHO-USDT	2.6710	0.0100	pay 0.0050% / 4h	1h 58m	—	$1.5M	—
Short	Binance MORPHOUSDT	2.6695	0.0018	get 0.0009% / 4h	1h 58m	$16.5M	$27.4M	75x

Funding history

latest

Range statsloading…

click an exchange to add or hide it

latest

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersRate

Slippage from BingX: live order book, 10 min ago; Binance: live order book, 14 min ago.

A gap far from its average can cost days of funding.

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 10 min ago	1.68 bp	16.9 bp −$17	36.6 bp −$366	333.2 bp −$33.3K	743.4 bp −$371.7K
Sell Binance live order book, 14 min ago	0.94 bp	20.9 bp −$21	44.0 bp −$440	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_MORPHOUSD	−0.2239%	1h	$84K	$167K	20x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.0946%	1h	$10K	$745	10x	as long as short
01 Exchange MORPHOUSD	−0.0824%	1h	$876	$11K	5x	as long as short
Gate MORPHO_USDT	−0.0668%	4h	$766K	$534K	50x	as long as short
Polymarket Perps MORPHO-USD	−0.0631%	1h	$27K	$2.7M	5x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0352%	1h	$77K	$47K	25x	as long as short
BloFin MORPHO-USDT	−0.0223%	4h	$666K	$205K	20x	as long as short
Orderly PERP_MORPHO_USDC	−0.0203%	4h	$10K	$34K	10x	as long as short
Bybit MORPHOUSDT	−0.0159%	4h	$8.8M	$10.3M	25x	as long as short
Phoenix MORPHO	−0.0059%	1h	$34K	$478K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Reya MORPHORUSDPERP	−0.0004%	1h	$16	—	10x	as long as short
Extended MORPHO-USD	+0.0016%	1h	$101K	$304K	10x	as long as short
MEXC MORPHO_USDT	+0.0016%	4h	$4.8M	$1.2M	100x	as long as short
Binance MORPHOUSDTshort	+0.0018%	4h	$16.5M	$27.4M	75x
Injective MORPHO/USDC PERP	+0.0033%	1h	$38	$34K	5.5x	as long as short
Variational Omni MORPHO	+0.0062%	4h	$652K	$1.4M	—	as long as short
Lighter MORPHO	+0.0096%	1h	$319K	$363K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0099%	8h	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	$6.4M	$7.1M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	$58K	$31K	20x	as long as short
OKX MORPHO-USDT-SWAP	+0.0100%	4h	$3.2M	$4.6M	20x	as long as short
KuCoin MORPHOUSDTM	+0.0100%	4h	$595K	$344K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	$2.9M	$2.1M	75x	as long as short
BingX MORPHO-USDTlong	+0.0100%	4h	—	$1.5M	—
SoDEX MORPHO-USD	+0.0100%	1h	$22K	$2K	5x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0158% / S −0.0698%	1h	$2K	—	100x	as long as short