Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Aster against Extended+0.070%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.070% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MORPHO-USD | 2.6724 | 0.0104 | pay 0.0013% / 1h | 13m 05s | $102K | $362K | 10x |
| Short | Aster MORPHOUSDT | 2.6743 | 0.0100 | get 0.0050% / 4h | 3h 13m | $58K | $30K | 20x |
Extended MORPHO-USD
Aster MORPHOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.070% → 0.000%
- $7.03
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$6.81
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 59 min ago; Aster: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 59 min ago | 2.45 bp | 22.4 bp −$22 | 197.4 bp −$1,974 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MORPHO on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MORPHOUSD | −0.1821% | 1h | 2.6696 | −0.103% | $81K | $125K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.0535% | 1h | 2.6733 | +0.034% | $11K | $785 | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0432% | 1h | 2.6712 | −0.045% | $878 | $13K | 5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0280% | 1h | 2.6715 | −0.034% | $77K | $43K | 25x | as long as short |
| BloFin MORPHO-USDT | −0.0200% | 4h | 2.6720 | −0.015% | $644K | $233K | 20x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0146% | 4h | 2.6719 | −0.019% | $10K | $34K | 10x | as long as short |
| Variational Omni MORPHO | −0.0077% | 4h | 2.6631 | −0.348% | $634K | $926K | — | as long as short |
| Phoenix MORPHO | −0.0030% | 1h | 2.6758 | +0.127% | $44K | $474K | 5x | as long as short |
| Polymarket Perps MORPHO-USD | −0.0016% | 1h | 2.6740 | +0.060% | $25K | $1.7M | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6741 | +0.063% | $16 | — | 10x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
Coinbase International MORPHO-PERP-INTX
BloFin MORPHO-USDT
Orderly PERP_MORPHO_USDC
Variational Omni MORPHO
Phoenix MORPHO
Polymarket Perps MORPHO-USD
Reya MORPHORUSDPERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MORPHO_USDT_Perp | +0.0022% | 4h | 2.6706 | −0.068% | $41K | $133K | 10x | as long as short |
| Injective MORPHO/USDC PERP | +0.0033% | 1h | 2.6430 | −1.100% | $37 | $242K | 5.5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6808 | +0.313% | $321K | $325K | 5x | as long as short |
| Paradex MORPHO-USD-PERP | +0.0100% | 8h | 2.6741 | +0.062% | $5K | $3 | 5x | as long as short |
| Aster MORPHOUSDTshort | +0.0100% | 4h | 2.6743 | +0.070% | $58K | $30K | 20x | |
| Binance MORPHOUSDT | +0.0100% | 4h | 2.6713 | −0.039% | $16.2M | $25.5M | 75x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.6743 | +0.071% | $8.6M | $9.0M | 25x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6706 | −0.067% | $3.2M | $4.4M | 20x | as long as short |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.6739 | +0.056% | $772K | $525K | 50x | as long as short |
| MEXC MORPHO_USDT | +0.0100% | 4h | 2.6727 | +0.011% | $5.6M | $905K | 100x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6747 | +0.086% | $598K | $263K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6727 | +0.011% | $3.0M | $1.8M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6727 | +0.011% | — | $1.4M | — | as long as short |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6724 | 0.000% | $22K | $4K | 5x | as long as short |
| Extended MORPHO-USDlong | +0.0104% | 1h | 2.6724 | long leg | $102K | $362K | 10x | |
| GMX MORPHO/USD [ETH-USDC] | L +0.0187% / S −0.4126% | 1h | 2.6742 | +0.068% | $1K | — | 100x | as long as short |
| Hyperliquid MORPHO | +0.0353% | 1h | 2.6757 | +0.124% | $6.3M | $7.0M | 5x | as long as short |
GRVT MORPHO_USDT_Perp
Injective MORPHO/USDC PERP
Lighter MORPHO
Paradex MORPHO-USD-PERP
Binance MORPHOUSDT
Bybit MORPHOUSDT
OKX MORPHO-USDT-SWAP
Gate MORPHO_USDT
MEXC MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
SoDEX MORPHO-USD
GMX MORPHO/USD [ETH-USDC]
Hyperliquid MORPHO