MORPHO

Alert

Funding spread now, next payment 20:00 UTC+0.0098%/8h

next payment, per $10,000+$0.49paid, last 24h0.000%paid, last 7 days+0.008%to open and close $10k−$193

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MORPHO_USDT	2.6720	0.0002	pay 0.0001% / 4h	2h 10m	$4.8M	$1.2M	100x
Short	KuCoin MORPHOUSDTM	2.6766	0.0100	get 0.0050% / 4h	2h 10m	$596K	$354K	50x

Funding history

latest

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latest

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersRate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 40 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 MEXC live order book, 3 min ago	1.12 bp	6.8 bp −$7	39.9 bp −$399	191.3 bp −$19.1K	doesn't fit
Sell KuCoin live order book, 40 min ago	14.69 bp	90.4 bp −$90	195.7 bp −$1,957	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit MORPHO_USDC-PERPETUAL	−0.0982%	1h	$10K	$745	10x	as long as short
Kraken Futures PF_MORPHOUSD	−0.0937%	1h	$85K	$167K	20x	as long as short
01 Exchange MORPHOUSD	−0.0864%	1h	$878	$11K	5x	as long as short
Gate MORPHO_USDT	−0.0716%	4h	$765K	$548K	50x	as long as short
Polymarket Perps MORPHO-USD	−0.0445%	1h	$27K	$2.7M	5x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0336%	1h	$78K	$48K	25x	as long as short
BloFin MORPHO-USDT	−0.0238%	4h	$668K	$205K	20x	as long as short
Orderly PERP_MORPHO_USDC	−0.0199%	4h	$10K	$34K	10x	as long as short
Bybit MORPHOUSDT	−0.0182%	4h	$8.8M	$10.3M	25x	as long as short
Phoenix MORPHO	−0.0059%	1h	$35K	$517K	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	0.0000%	1h	$101K	$304K	10x	as long as short
MEXC MORPHO_USDTlong	+0.0002%	4h	$4.8M	$1.2M	100x
Binance MORPHOUSDT	+0.0002%	4h	$16.5M	$27.9M	75x	as long as short
Injective MORPHO/USDC PERP	+0.0033%	1h	$38	$34K	5.5x	as long as short
Lighter MORPHO	+0.0096%	1h	$315K	$367K	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	$8.0M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	$58K	$32K	20x	as long as short
OKX MORPHO-USDT-SWAP	+0.0100%	4h	$3.2M	$4.7M	20x	as long as short
KuCoin MORPHOUSDTMshort	+0.0100%	4h	$596K	$354K	50x
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
Variational Omni MORPHO	+0.0100%	4h	$655K	$1.4M	—	as long as short
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