MORPHO

Alert

Funding spread now, next payment 20:00 UTC+0.0180%/8h

next payment, per $10,000+$0.90paid, last 24h+0.009%paid, last 3 days−0.078%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MORPHOUSDT	2.6885	−0.0163	get 0.0082% / 4h	1h 14m	$8.8M	$10.2M	25x
Short	Variational Omni MORPHO	2.6876	0.0017	get 0.0008% / 4h	1h 14m	$652K	$1.4M	—

Funding history

latest

Range statsloading…

click an exchange to add or hide it

latest

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersRate

Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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 Bybit live order book, 5 min ago	5.58 bp	19.8 bp −$20	64.8 bp −$648	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	6.43 bp	doesn't fit	74.3 bp −$743	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	−0.2226%	1h	$85K	$164K	20x	as long as short
01 Exchange MORPHOUSD	−0.0600%	1h	$883	$12K	5x	as long as short
Gate MORPHO_USDT	−0.0506%	4h	$776K	$539K	50x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.0456%	1h	$10K	$745	10x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0352%	1h	$78K	$47K	25x	as long as short
Polymarket Perps MORPHO-USD	−0.0249%	1h	$24K	$2.2M	5x	as long as short
Orderly PERP_MORPHO_USDC	−0.0208%	4h	$10K	$34K	10x	as long as short
BloFin MORPHO-USDT	−0.0172%	4h	$666K	$208K	20x	as long as short
Bybit MORPHOUSDTlong	−0.0163%	4h	$8.8M	$10.2M	25x
Phoenix MORPHO	−0.0030%	1h	$35K	$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
Variational Omni MORPHOshort	+0.0017%	4h	$652K	$1.4M	—
Injective MORPHO/USDC PERP	+0.0033%	1h	$37	$39K	5.5x	as long as short
MEXC MORPHO_USDT	+0.0086%	4h	$4.9M	$1.2M	100x	as long as short
Extended MORPHO-USD	+0.0088%	1h	$101K	$304K	10x	as long as short
Binance MORPHOUSDT	+0.0091%	4h	$16.5M	$27.2M	75x	as long as short
Lighter MORPHO	+0.0096%	1h	$321K	$364K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	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	$59K	$33K	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	$601K	$342K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	$2.9M	$2.1M	75x	as long as short
BingX MORPHO-USDT	+0.0100%	4h	—	$1.5M	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	$23K	$2K	5x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0158% / S −0.0698%	1h	$2K	—	100x	as long as short