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

MORPHO

all MORPHO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.074%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.074% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MORPHOUSDT2.65470.0100pay 0.0050% / 4h1h 54m$58K$33K20x
ShortBitget MORPHOUSDT2.65270.0100get 0.0050% / 4h1h 54m$2.9M$1.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$0
Price spread: −0.074% → 0.000%
−$7.36
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$27.36
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 3 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 Aster no order-book sample
Sell Bitget live order book, 3 min ago4.33 bp23.2 bp −$2378.6 bp −$786doesn't fitdoesn't fit
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 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−0.1850%1h2.6530−0.061%$83K$149K20xas long as short
01 Exchange MORPHOUSD−0.1200%1h2.6455−0.345%$869$13K5xas long as short
Deribit MORPHO_USDC-PERPETUAL−0.0991%1h2.6549+0.009%$11K$91110xas long as short
Bybit MORPHOUSDT−0.0625%4h2.6525−0.081%$8.6M$9.6M25xas long as short
GRVT MORPHO_USDT_Perp−0.0550%4h2.6519−0.104%$29K$154K10xas long as short
Polymarket Perps MORPHO-USD−0.0533%1h2.6548+0.006%$26K$1.8M5xas long as short
Injective MORPHO/USDC PERP−0.0337%1h2.6610+0.239%$37$198K5.5xas long as short
Coinbase International MORPHO-PERP-INTX−0.0312%1h2.6617+0.265%$77K$45K25xas long as short
Gate MORPHO_USDT−0.0210%4h2.6512−0.130%$773K$530K50xas long as short
BloFin MORPHO-USDT−0.0200%4h2.6515−0.119%$644K$246K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_MORPHO_USDC−0.0162%4h2.6548+0.006%$10K$34K10xas long as short
Phoenix MORPHO−0.0030%1h2.6528−0.070%$34K$484K5xas long as short
Reya MORPHORUSDPERP−0.0004%1h2.6559+0.047%$1610xas long as short
Variational Omni MORPHO+0.0035%4h2.6558+0.042%$643K$1.2Mas long as short
Lighter MORPHO+0.0096%1h2.6555+0.033%$316K$333K5xas long as short
Paradex MORPHO-USD-PERP+0.0100%8h2.6524−0.086%$5K$35xas long as short
Hyperliquid MORPHO+0.0100%1h2.6561+0.055%$6.2M$7.1M5xas long as short
Aster MORPHOUSDTlong+0.0100%4h2.6547long leg$58K$33K20x
Binance MORPHOUSDT+0.0100%4h2.6495−0.194%$16.2M$26.2M75xas long as short
OKX MORPHO-USDT-SWAP+0.0100%4h2.6509−0.141%$3.2M$4.4M20xas long as short
MEXC MORPHO_USDT+0.0100%4h2.6499−0.179%$5.5M$1.0M100xas long as short
KuCoin MORPHOUSDTM+0.0100%4h2.6526−0.077%$620K$266K50xas long as short
Bitget MORPHOUSDTshort+0.0100%4h2.6527−0.074%$2.9M$1.9M75x
BingX MORPHO-USDT+0.0100%4h2.6527−0.074%$1.5Mas long as short
SoDEX MORPHO-USD+0.0100%1h2.6548+0.006%$22K$3K5xas long as short
Extended MORPHO-USD+0.0104%1h2.6504−0.158%$103K$301K10xas long as short
GMX MORPHO/USD [ETH-USDC]L +0.0188% / S −12.8197%1h2.6581+0.131%$1K100xas long as short