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

MORPHO

all MORPHO markets
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Funding spread now, next payment 20:00 UTC+0.0038%/8h
next payment, per $10,000+$0.19paid, last 24h0.000%paid, last 7 days+0.001%to open and close $10k−$52
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MORPHO_USDT2.67810.0062pay 0.0031% / 4h1h 25m$4.8M$1.2M100x
ShortOKX MORPHO-USDT-SWAP2.68050.0100get 0.0050% / 4h1h 25m$3.2M$4.6M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$7.98
Slippage, 4 orders
−$38.03
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$44.05
Break-even
45.6 days
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.090%
Avg gap 7d
+0.043%
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 ago0.75 bp5.9 bp −$637.5 bp −$375194.2 bp −$19.4Kdoesn't fit
Sell OKX live order book, 3 min ago2.05 bp20.5 bp −$21122.5 bp −$1,225doesn't fitdoesn't fit

MORPHO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_MORPHOUSD−0.2233%1h$84K$165K20xas long as short
01 Exchange MORPHOUSD−0.0656%1h$878$12K5xas long as short
Gate MORPHO_USDT−0.0622%4h$772K$538K50xas long as short
Deribit MORPHO_USDC-PERPETUAL−0.0608%1h$10K$74510xas long as short
Coinbase International MORPHO-PERP-INTX−0.0352%1h$78K$47K25xas long as short
Polymarket Perps MORPHO-USD−0.0319%1h$24K$2.5M5xas long as short
Bybit MORPHOUSDT−0.0229%4h$8.8M$10.2M25xas long as short
Orderly PERP_MORPHO_USDC−0.0214%4h$10K$34K10xas long as short
BloFin MORPHO-USDT−0.0128%4h$667K$205K20xas long as short
Phoenix MORPHO−0.0030%1h$34K$478K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Reya MORPHORUSDPERP−0.0004%1h$1610xas long as short
Variational Omni MORPHO+0.0023%4h$654K$1.4Mas long as short
Injective MORPHO/USDC PERP+0.0033%1h$38$34K5.5xas long as short
Binance MORPHOUSDT+0.0062%4h$16.5M$27.2M75xas long as short
MEXC MORPHO_USDTlong+0.0062%4h$4.8M$1.2M100x
Extended MORPHO-USD+0.0064%1h$101K$304K10xas long as short
Lighter MORPHO+0.0096%1h$319K$364K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h$6.4M$7.1M5xas long as short
Aster MORPHOUSDT+0.0100%4h$58K$32K20xas long as short
OKX MORPHO-USDT-SWAPshort+0.0100%4h$3.2M$4.6M20x
KuCoin MORPHOUSDTM+0.0100%4h$598K$343K50xas long as short
Bitget MORPHOUSDT+0.0100%4h$2.9M$2.1M75xas long as short
BingX MORPHO-USDT+0.0100%4h$1.5Mas long as short
SoDEX MORPHO-USD+0.0100%1h$22K$2K5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0157% / S −0.0698%1h$2K100xas long as short