Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Aster against SoDEX+0.968%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.968% dearer against SoDEX than usual: you sell high and buy low, +$97 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MORPHO-USD | 2.5830 | 0.0100 | pay 0.0013% / 1h | 9m 52s | $21K | $5K | 5x |
| Short | Aster MORPHOUSDT | 2.6080 | 0.0100 | get 0.0050% / 4h | 9m 52s | $67K | $61K | 20x |
SoDEX MORPHO-USD
Aster MORPHOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.968% → 0.000%
- $96.82
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $80.82
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Aster: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
SoDEX and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MORPHO on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MORPHO-PERP-INTX | −0.1768% | 1h | 2.5622 | −0.805% | $50K | $54K | 25x | as long as short |
| Kraken Futures PF_MORPHOUSD | −0.0604% | 1h | 2.5813 | −0.065% | $87K | $160K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.0369% | 1h | 2.5840 | +0.039% | $11K | $3K | 10x | as long as short |
| 01 Exchange MORPHOUSD | −0.0248% | 1h | 2.5827 | −0.012% | $23K | $30K | 5x | as long as short |
| BloFin MORPHO-USDT | −0.0200% | 4h | 2.5794 | −0.139% | $631K | $232K | 20x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0192% | 4h | 2.5724 | −0.412% | $34K | $129K | 10x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0149% | 4h | 2.5835 | +0.019% | $10K | $532 | 10x | as long as short |
| Bybit MORPHOUSDT | −0.0084% | 4h | 2.6010 | +0.697% | $7.8M | $7.1M | 25x | as long as short |
| Phoenix MORPHO | −0.0062% | 1h | 2.5781 | −0.190% | $33K | $278K | 5x | as long as short |
| Reya MORPHORUSDPERP | −0.0005% | 1h | 2.5838 | +0.032% | $16 | — | 10x | as long as short |
Coinbase International MORPHO-PERP-INTX
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
01 Exchange MORPHOUSD
BloFin MORPHO-USDT
GRVT MORPHO_USDT_Perp
Orderly PERP_MORPHO_USDC
Bybit MORPHOUSDT
Phoenix MORPHO
Reya MORPHORUSDPERPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | +0.0033% | 1h | 2.6430 | +2.323% | $37 | $242K | 5.5x | as long as short |
| Variational Omni MORPHO | +0.0089% | 4h | 2.5818 | −0.047% | $614K | $174K | — | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.5873 | +0.167% | $309K | $185K | 5x | as long as short |
| Paradex MORPHO-USD-PERP | +0.0100% | 8h | 2.5834 | +0.014% | $5K | $200 | 5x | as long as short |
| Hyperliquid MORPHO | +0.0100% | 1h | 2.5885 | +0.213% | $6.0M | $5.3M | 5x | as long as short |
| Aster MORPHOUSDTshort | +0.0100% | 4h | 2.6080 | +0.968% | $67K | $61K | 20x | |
| Binance MORPHOUSDT | +0.0100% | 4h | 2.6005 | +0.678% | $15.5M | $21.6M | 75x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6017 | +0.724% | $3.1M | $4.1M | 20x | as long as short |
| Gate MORPHO_USDT | +0.0100% | 4h | 2.6027 | +0.763% | $762K | $386K | 50x | as long as short |
| MEXC MORPHO_USDT | +0.0100% | 4h | 2.6040 | +0.813% | $6.6M | $977K | 100x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.5976 | +0.565% | $593K | $251K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6016 | +0.720% | $2.8M | $1.7M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6017 | +0.724% | — | $1.5M | — | as long as short |
| Polymarket Perps MORPHO-USD | +0.0100% | 1h | 2.5869 | +0.151% | $22K | $884K | 5x | as long as short |
| SoDEX MORPHO-USDlong | +0.0100% | 1h | 2.5830 | long leg | $21K | $5K | 5x | |
| Extended MORPHO-USD | +0.0104% | 1h | 2.5962 | +0.509% | $106K | $878K | 10x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0359% / S −12.5611% | 1h | 2.5858 | +0.110% | $11K | — | 100x | as long as short |
Injective MORPHO/USDC PERP
Variational Omni MORPHO
Lighter MORPHO
Paradex MORPHO-USD-PERP
Hyperliquid MORPHO
Binance MORPHOUSDT
OKX MORPHO-USDT-SWAP
Gate MORPHO_USDT
MEXC MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
Polymarket Perps MORPHO-USD
Extended MORPHO-USD
GMX MORPHO/USD [ETH-USDC]