MORPHO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against OKX+0.015%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$800.802% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.013%−$1 · spread now +0.015%, 7d avg −0.001%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MORPHO-USDT-SWAP	2.6217	0.0100	pay 0.0050% / 4h	1h 31m	$3.2M	$4.4M	20x
Short	BingX MORPHO-USDT	2.6221	0.0100	get 0.0050% / 4h	1h 31m	—	$1.4M	—

Funding history

latest

Range statsloading…

BingX against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee OKXbpFee BingXbpOrdersPrice spread, now +0.015%Rate

Slippage from OKX: live order book, 1 min ago; BingX: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	0.57 bp	21.7 bp −$22	118.7 bp −$1,187	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	3.26 bp	18.3 bp −$18	48.9 bp −$489	287.8 bp −$28.8K	629.2 bp −$314.6K

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	−0.1675%	1h	2.6170	−0.181%	$81K	$128K	20x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.1046%	1h	2.6195	−0.084%	$11K	$955	10x	as long as short
01 Exchange MORPHOUSD	−0.0616%	1h	2.6172	−0.172%	$860	$9K	5x	as long as short
BloFin MORPHO-USDT	−0.0200%	4h	2.6175	−0.160%	$636K	$242K	20x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0192%	1h	2.6195	−0.084%	$75K	$42K	25x	as long as short
Orderly PERP_MORPHO_USDC	−0.0156%	4h	2.6193	−0.092%	$10K	$34K	10x	as long as short
Polymarket Perps MORPHO-USD	−0.0138%	1h	2.6214	−0.011%	$25K	$1.8M	5x	as long as short
GRVT MORPHO_USDT_Perp	−0.0116%	4h	2.6195	−0.084%	$32K	$142K	10x	as long as short
Reya MORPHORUSDPERP	−0.0005%	1h	2.6202	−0.057%	$16	—	10x	as long as short
Phoenix MORPHO	0.0000%	1h	2.6172	−0.172%	$43K	$392K	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MORPHO/USDC PERP	+0.0033%	1h	2.6430	+0.812%	$37	$242K	5.5x	as long as short
Gate MORPHO_USDT	+0.0038%	4h	2.6214	−0.011%	$755K	$504K	50x	as long as short
Lighter MORPHO	+0.0096%	1h	2.6233	+0.060%	$314K	$308K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	8h	2.6194	−0.088%	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	2.6253	+0.137%	$6.2M	$6.9M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	2.6215	−0.007%	$58K	$30K	20x	as long as short
Binance MORPHOUSDT	+0.0100%	4h	2.6192	−0.095%	$15.8M	$25.7M	75x	as long as short
Bybit MORPHOUSDT	+0.0100%	4h	2.6220	+0.011%	$8.3M	$9.5M	25x	as long as short
OKX MORPHO-USDT-SWAPlong	+0.0100%	4h	2.6217	long leg	$3.2M	$4.4M	20x
MEXC MORPHO_USDT	+0.0100%	4h	2.6196	−0.080%	$5.8M	$840K	100x	as long as short
KuCoin MORPHOUSDTM	+0.0100%	4h	2.6230	+0.050%	$596K	$252K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	2.6205	−0.046%	$2.8M	$1.8M	75x	as long as short
BingX MORPHO-USDTshort	+0.0100%	4h	2.6221	+0.015%	—	$1.4M	—
Variational Omni MORPHO	+0.0100%	4h	2.6220	+0.011%	$625K	$907K	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	2.6202	−0.057%	$22K	$4K	5x	as long as short
Extended MORPHO-USD	+0.0104%	1h	2.6191	−0.098%	$100K	$353K	10x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0186% / S −15.6829%	1h	2.6219	+0.009%	$1K	—	100x	as long as short