Settings8H · net · $10k
Funding arb · Price arb /

MORPHO

all MORPHO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0384%/8hpaid last 24h +0.149%
Price spread now: BloFin against 01 Exchange+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MORPHOUSD2.6740−0.0584get 0.0073% / 1h7m 05s$879$12K5x
ShortBloFin MORPHO-USDT2.6745−0.0200pay 0.0100% / 4h7m 05s$657K$209K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against 01 Exchange. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$80.64
Price spread: +0.019% → 0.000%
$1.87
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$63.51
Costs to cover
0.190%
Break-even
1.5 days
Slippage unknown: 01 Exchange: no order-book sample; BloFin: live order book, 23 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell BloFin live order book, 23 min ago1.68 bp16.9 bp −$1737.6 bp −$376doesn't fitdoesn't fit
01 Exchange: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MORPHOUSD−0.1669%1h2.6744+0.013%$84K$151K20xas long as short
Deribit MORPHO_USDC-PERPETUAL−0.0944%1h2.6772+0.120%$10K$72110xas long as short
01 Exchange MORPHOUSDlong−0.0584%1h2.6740long leg$879$12K5x
Coinbase International MORPHO-PERP-INTX−0.0328%1h2.6815+0.280%$77K$46K25xas long as short
Polymarket Perps MORPHO-USD−0.0281%1h2.6781+0.153%$28K$2.0M5xas long as short
Orderly PERP_MORPHO_USDC−0.0212%4h2.6761+0.079%$10K$34K10xas long as short
BloFin MORPHO-USDTshort−0.0200%4h2.6745+0.019%$657K$209K20x
Gate MORPHO_USDT−0.0160%4h2.6782+0.157%$772K$533K50xas long as short
Injective MORPHO/USDC PERP−0.0114%1h2.6810+0.262%$38$76K5.5xas long as short
GRVT MORPHO_USDT_Perp−0.0084%4h2.6785+0.168%$41K$150K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya MORPHORUSDPERP−0.0004%1h2.6794+0.201%$1610xas long as short
Phoenix MORPHO+0.0030%1h2.6803+0.236%$34K$473K5xas long as short
Lighter MORPHO+0.0096%1h2.6828+0.331%$319K$356K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h2.6767+0.101%$5K$35xas long as short
Aster MORPHOUSDT+0.0100%4h2.6769+0.107%$58K$32K20xas long as short
Binance MORPHOUSDT+0.0100%4h2.6761+0.078%$16.4M$26.7M75xas long as short
Bybit MORPHOUSDT+0.0100%4h2.6791+0.191%$8.8M$10.2M25xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h2.6802+0.232%$3.2M$4.6M20xas long as short
MEXC MORPHO_USDT+0.0100%4h2.6759+0.071%$5.1M$1.2M100xas long as short
KuCoin MORPHOUSDTM+0.0100%4h2.6800+0.224%$602K$276K50xas long as short
Bitget MORPHOUSDT+0.0100%4h2.6782+0.157%$2.9M$2.0M75xas long as short
BingX MORPHO-USDT+0.0100%4h2.6779+0.146%$1.4Mas long as short
Variational Omni MORPHO+0.0100%4h2.6805+0.243%$650K$1.4Mas long as short
SoDEX MORPHO-USD+0.0100%1h2.6775+0.131%$22K$2K5xas long as short
Extended MORPHO-USD+0.0104%1h2.6758+0.068%$101K$303K10xas long as short
Hyperliquid MORPHO+0.0108%1h2.6832+0.344%$6.4M$7.1M5xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0193% / S −16.5420%1h2.6793+0.200%$1K100xas long as short