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 18:00 UTC+0.0098%/8h
paid, last 24h0.000%paid, last 7 days+0.083%to open and close $10k−$35
Long on MEXCShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MORPHO_USDT2.6872−0.0002get 0.0001% / 4h2h 20m$4.8M$1.2M100x
ShortLighter MORPHO2.68930.0096get 0.0012% / 1h20m 43s$316K$366K5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$20.58
Slippage, 4 orders
−$30.57
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$13.99
Break-even
11.8 days
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 11 min ago.

Price risk

price view
Price gap now
+0.079%
Avg gap 7d
+0.270%
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 MEXC live order book, 3 min ago0.19 bp4.8 bp −$534.5 bp −$345134.9 bp −$13.5Kdoesn't fit
Sell Lighter live order book, 11 min ago4.52 bp7.3 bp −$7136.3 bp −$1,363doesn't fitdoesn't fit

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−0.0090%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
MEXC MORPHO_USDTlong−0.0002%4h$4.8M$1.2M100x
Binance MORPHOUSDT−0.0001%4h$16.6M$28.6M75xas 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 MORPHOshort+0.0096%1h$316K$366K5x
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 MORPHOUSDTM+0.0100%4h$599K$373K50xas long as short
Bitget MORPHOUSDT+0.0100%4h$2.9M$2.2M75xas long as short
BingX MORPHO-USDT+0.0100%4h—$1.5M—as long as short
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