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

MORPHO

all MORPHO markets
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Funding spread now, next payment 17:00 UTC−0.0004%/8h
paid, last 24h+0.001%paid, last 7 days+0.008%to open and close $10k−$92
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MORPHO-USDT-SWAP2.73180.0100pay 0.0050% / 4h3h 24m$3.2M$5.6M20x
ShortExtended MORPHO-USD2.73010.0096get 0.0012% / 1h24m 36s$103K$304K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$77.09
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$92.93
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 20 min ago.

Price risk

price view
Price gap now
−0.063%
Avg gap 7d
−0.058%
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 OKX live order book, 5 min ago3.47 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 20 min ago3.11 bp21.8 bp −$22157.7 bp −$1,577doesn't fitdoesn't fit

MORPHO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit MORPHO_USDC-PERPETUAL−0.1101%1h$11K$44310xas long as short
Kraken Futures PF_MORPHOUSD−0.1052%1h$99K$183K20xas long as short
01 Exchange MORPHOUSD−0.0704%1h$896$10K5xas long as short
Gate MORPHO_USDT−0.0492%4h$767K$574K50xas long as short
Bybit MORPHOUSDT−0.0385%4h$9.0M$11.1M25xas long as short
Polymarket Perps MORPHO-USD−0.0307%1h$29K$3.0M5xas long as short
Coinbase International MORPHO-PERP-INTX−0.0256%1h$79K$52K25xas long as short
BloFin MORPHO-USDT−0.0193%4h$679K$247K20xas long as short
Phoenix MORPHO−0.0146%1h$35K$554K5xas long as short
Orderly PERP_MORPHO_USDC−0.0142%4h$11K$34K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Reya MORPHORUSDPERP−0.0004%1h$1610xas long as short
Injective MORPHO/USDC PERP+0.0033%1h$38$34K5.5xas long as short
Binance MORPHOUSDT+0.0093%4h$16.9M$30.4M75xas long as short
Lighter MORPHO+0.0096%1h$321K$475K5xas long as short
Extended MORPHO-USDshort+0.0096%1h$103K$304K10x
MEXC MORPHO_USDT+0.0096%4h$4.9M$1.3M100xas long as short
Paradex MORPHO-USD-PERP+0.0099%8h$5K$35xas long as short
Aster MORPHOUSDT+0.0100%4h$60K$34K20xas long as short
OKX MORPHO-USDT-SWAPlong+0.0100%4h$3.2M$5.6M20x
KuCoin MORPHOUSDTM+0.0100%4h$661K$380K50xas long as short
Bitget MORPHOUSDT+0.0100%4h$3.0M$2.6M75xas long as short
BingX MORPHO-USDT+0.0100%4h$1.5Mas long as short
Variational Omni MORPHO+0.0100%4h$670K$1.4Mas long as short
SoDEX MORPHO-USD+0.0100%1h$23K$2K5xas long as short
Hyperliquid MORPHO+0.0115%1h$6.7M$7.9M5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0197% / S −0.0897%1h$2K100xas long as short