Spread before costs (cost unknown: a leg has no order-book sample)−0.024%
7d average—if it closes, per $10,000$2funding while held, a day−$12.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MORPHOUSDT | 2.7400 | 0.0100 | pay 0.0050% / 4h | 21m 42s | $60K | $34K | 20x |
| Short | Gate MORPHO_USDT | 2.7393 | −0.0312 | pay 0.0156% / 4h | 21m 42s | $772K | $598K | 50x |
Aster MORPHOUSDT
Gate MORPHO_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.44
- Funding while held
- −$12.36
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.8
- Spread needed to break even
- 0.230%
Slippage unknown: Aster: no order-book sample; Gate: live order book, 27 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0412%
- Per $10,000 a day
- −$12.36
- Average in range /8h
- —
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 Aster no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 27 min ago | 10.15 bp | 41.2 bp −$41 | 213.4 bp −$2,134 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Injective2.7130cheapestVariational Omni2.7293+0.600%01 Exchange2.7310+0.663%Binance2.7316+0.686%Phoenix2.7319+0.697%Extended2.7321+0.704%Kraken Futures2.7331+0.742%MEXC2.7336+0.759%OKX2.7342+0.781%BingX2.7343+0.785%SoDEX2.7346+0.796%Reya2.7349+0.805%Bybit2.7349+0.807%Deribit2.7355+0.829%Orderly2.7358+0.840%Lighter2.7359+0.843%Paradex2.7362+0.855%Polymarket Perps2.7366+0.870%Bitget2.7373+0.896%KuCoin2.7386+0.944%GMX2.7389+0.954%Hyperliquid2.7389+0.955%
Injective
Variational Omni
Binance
Phoenix
Extended
Kraken Futures
MEXC
OKX
BingX
SoDEX
Reya
Bybit
Deribit
Orderly
Lighter
Paradex
Polymarket Perps
Bitget
KuCoin
GMX
HyperliquidGate2.7393+0.969%
BloFin2.7397+0.984%
BloFinAster2.7400+0.994%
Coinbase International2.7400+0.995%
Coinbase InternationalMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | −0.984% | +0.0033% | 1h | $38 | $85K | 5.5x | as long as short |
| Variational Omni MORPHO | −0.391% | +0.0100% | 4h | $667K | $1.4M | — | as long as short |
| 01 Exchange MORPHOUSD | −0.327% | −0.1128% | 1h | $897 | $8K | 5x | as long as short |
| Binance MORPHOUSDT | −0.305% | +0.0100% | 4h | $16.9M | $31.0M | 75x | as long as short |
| Phoenix MORPHO | −0.295% | −0.0029% | 1h | $35K | $560K | 5x | as long as short |
| Extended MORPHO-USD | −0.287% | +0.0104% | 1h | $103K | $310K | 10x | as long as short |
| Kraken Futures PF_MORPHOUSD | −0.250% | −0.0093% | 1h | $99K | $188K | 20x | as long as short |
| MEXC MORPHO_USDT | −0.232% | +0.0100% | 4h | $4.9M | $1.3M | 100x | as long as short |
| OKX MORPHO-USDT-SWAP | −0.211% | +0.0100% | 4h | $3.2M | $5.8M | 20x | as long as short |
| BingX MORPHO-USDT | −0.207% | +0.0100% | 4h | — | $1.5M | — | as long as short |