Spread before costs (cost unknown: a leg has no order-book sample)−0.153%
7d average—if it closes, per $10,000$15funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MORPHOUSDT | 2.7374 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $60K | $34K | 20x |
| Short | MEXC MORPHO_USDT | 2.7332 | 0.0100 | get 0.0050% / 4h | 3h 31m | $4.9M | $1.3M | 100x |
Aster MORPHOUSDT
MEXC 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
- −$15.34
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$27.34
- Spread needed to break even
- 0.120%
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 MEXC live order book, 2 min ago | 0.37 bp | 4.3 bp −$4 | 38.7 bp −$387 | 192.9 bp −$19.3K | 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.Injective2.7130cheapest01 Exchange2.7261+0.483%Paradex2.7298+0.618%Polymarket Perps2.7320+0.700%Orderly2.7329+0.734%BloFin2.7330+0.737%SoDEX2.7331+0.741%Extended2.7331+0.741%
Injective
Paradex
Polymarket Perps
Orderly
BloFin
SoDEX
ExtendedMEXC2.7332+0.745%
Reya2.7333+0.746%Deribit2.7336+0.759%KuCoin2.7339+0.770%BingX2.7345+0.792%Kraken Futures2.7347+0.801%Binance2.7348+0.804%Phoenix2.7349+0.807%Gate2.7356+0.833%Bybit2.7360+0.848%OKX2.7360+0.848%GMX2.7363+0.858%Coinbase International2.7364+0.863%Variational Omni2.7369+0.881%Lighter2.7370+0.883%Bitget2.7370+0.885%
Reya
Deribit
KuCoin
BingX
Kraken Futures
Binance
Phoenix
Gate
Bybit
OKX
GMX
Coinbase International
Variational Omni
Lighter
BitgetAster2.7374+0.899%
Hyperliquid2.7430+1.106%
HyperliquidMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | −0.891% | +0.0033% | 1h | $38 | $34K | 5.5x | as long as short |
| 01 Exchange MORPHOUSD | −0.413% | −0.0688% | 1h | $896 | $10K | 5x | as long as short |
| Paradex MORPHO-USD-PERP | −0.279% | +0.0100% | 8h | $5K | $3 | 5x | as long as short |
| Polymarket Perps MORPHO-USD | −0.197% | −0.0260% | 1h | $27K | $3.0M | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.164% | −0.0135% | 4h | $11K | $34K | 10x | as long as short |
| BloFin MORPHO-USDT | −0.161% | −0.0200% | 4h | $677K | $244K | 20x | as long as short |
| SoDEX MORPHO-USD | −0.157% | +0.0100% | 1h | $23K | $2K | 5x | as long as short |
| Extended MORPHO-USD | −0.157% | +0.0104% | 1h | $103K | $304K | 10x | as long as short |
| MEXC MORPHO_USDTshort | −0.153% | +0.0100% | 4h | $4.9M | $1.3M | 100x | |
| Reya MORPHORUSDPERP | −0.152% | −0.0004% | 1h | $16 | — | 10x | as long as short |