MORPHO

Alert

Funding spread now, next payment 20:00 UTC+0.0292%/8h

next payment, per $10,000+$1.46paid, last 24h+0.030%paid, last 7 days−0.428%to open and close $10k−$44

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MORPHO-USDT	2.7284	−0.0196	get 0.0098% / 4h	3h 04m	$677K	$227K	20x
Short	MEXC MORPHO_USDT	2.7287	0.0096	get 0.0048% / 4h	3h 04m	$4.9M	$1.3M	100x

Funding history

latest

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latest

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersRate

Slippage from BloFin: live order book, 34 min ago; MEXC: live order book, 4 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 BloFin live order book, 34 min ago	0.55 bp	17.2 bp −$17	30.7 bp −$307	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.37 bp	5.8 bp −$6	39.8 bp −$398	191.7 bp −$19.2K	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit MORPHO_USDC-PERPETUAL	−0.1067%	1h	$11K	$443	10x	as long as short
Kraken Futures PF_MORPHOUSD	−0.1054%	1h	$99K	$174K	20x	as long as short
01 Exchange MORPHOUSD	−0.0720%	1h	$895	$10K	5x	as long as short
Gate MORPHO_USDT	−0.0468%	4h	$767K	$577K	50x	as long as short
Polymarket Perps MORPHO-USD	−0.0372%	1h	$28K	$2.9M	5x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0256%	1h	$79K	$49K	25x	as long as short
BloFin MORPHO-USDTlong	−0.0196%	4h	$677K	$227K	20x
Orderly PERP_MORPHO_USDC	−0.0151%	4h	$11K	$34K	10x	as long as short
Phoenix MORPHO	−0.0146%	1h	$35K	$554K	5x	as long as short
Reya MORPHORUSDPERP	−0.0004%	1h	$16	—	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MORPHOUSDT	+0.0007%	4h	$9.0M	$10.8M	25x	as long as short
Injective MORPHO/USDC PERP	+0.0033%	1h	$38	$34K	5.5x	as long as short
Lighter MORPHO	+0.0096%	1h	$321K	$476K	5x	as long as short
Extended MORPHO-USD	+0.0096%	1h	$102K	$304K	10x	as long as short
MEXC MORPHO_USDTshort	+0.0096%	4h	$4.9M	$1.3M	100x
Paradex MORPHO-USD-PERP	+0.0100%	8h	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	$6.7M	$7.8M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	$60K	$34K	20x	as long as short
Binance MORPHOUSDT	+0.0100%	4h	$16.8M	$29.3M	75x	as long as short
OKX MORPHO-USDT-SWAP	+0.0100%	4h	$3.2M	$5.3M	20x	as long as short
KuCoin MORPHOUSDTM	+0.0100%	4h	$662K	$365K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	$3.0M	$2.4M	75x	as long as short
BingX MORPHO-USDT	+0.0100%	4h	—	$1.5M	—	as long as short
Variational Omni MORPHO	+0.0100%	4h	$668K	$1.4M	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	$23K	$2K	5x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0197% / S −0.0897%	1h	$2K	—	100x	as long as short