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

MORPHO

all MORPHO markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 20:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days+0.009%to open and close $10k−$213
Long on KuCoinShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MORPHOUSDTM2.68900.0100pay 0.0050% / 4h2h 20m$599K$373K50x
ShortBingX MORPHO-USDT2.68770.0100get 0.0050% / 4h2h 20m—$1.5M—

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$191.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$213.14
Break-even
never at this rate
Slippage from KuCoin: live order book, 30 min ago; BingX: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.048%
Avg gap 7d
−0.028%
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 KuCoin live order book, 30 min ago14.69 bp88.5 bp −$89203.5 bp −$2,035doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago3.92 bp17.4 bp −$1745.9 bp −$459188.6 bp −$18.9K556.9 bp −$278.5K

MORPHO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit MORPHO_USDC-PERPETUAL−0.0939%1h$10K$74510xas long as short
Kraken Futures PF_MORPHOUSD−0.0932%1h$85K$176K20xas long as short
01 Exchange MORPHOUSD−0.0896%1h$881$11K5xas long as short
Gate MORPHO_USDT−0.0656%4h$766K$547K50xas long as short
Polymarket Perps MORPHO-USD−0.0435%1h$28K$2.7M5xas long as short
Coinbase International MORPHO-PERP-INTX−0.0336%1h$77K$48K25xas long as short
Orderly PERP_MORPHO_USDC−0.0192%4h$10K$34K10xas long as short
BloFin MORPHO-USDT−0.0158%4h$674K$218K20xas long as short
Bybit MORPHOUSDT−0.0112%4h$8.9M$10.7M25xas long as short
Phoenix MORPHO−0.0059%1h$35K$517K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Reya MORPHORUSDPERP−0.0004%1h$16—10xas long as short
Binance MORPHOUSDT−0.0003%4h$16.6M$28.7M75xas long as short
MEXC MORPHO_USDT−0.0002%4h$4.8M$1.2M100xas long as short
Extended MORPHO-USD0.0000%1h$101K$304K10xas long as short
Injective MORPHO/USDC PERP+0.0033%1h$38$34K5.5xas long as short
Lighter MORPHO+0.0096%1h$316K$366K5xas long as short
Paradex MORPHO-USD-PERP+0.0099%8h$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h$6.5M$8.0M5xas long as short
Aster MORPHOUSDT+0.0100%4h$59K$31K20xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h$3.2M$5.0M20xas long as short
KuCoin MORPHOUSDTMlong+0.0100%4h$599K$373K50x
Bitget MORPHOUSDT+0.0100%4h$2.9M$2.2M75xas long as short
BingX MORPHO-USDTshort+0.0100%4h—$1.5M—
Variational Omni MORPHO+0.0100%4h$660K$1.4M—as long as short
SoDEX MORPHO-USD+0.0100%1h$23K$2K5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0158% / S −0.0698%1h$2K—100xas long as short