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: Variational Omni against Aster+0.184%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.184% dearer against Aster than usual: you sell high and buy low, +$18 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 | Aster MORPHOUSDT | 2.6836 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $59K | $32K | 20x |
| Short | Variational Omni MORPHO | 2.6885 | 0.0100 | get 0.0050% / 4h | 3h 48m | $652K | $1.4M | — |
Aster MORPHOUSDT
Variational Omni MORPHOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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: +0.184% → 0.000%
- $18.37
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $10.37
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, just now. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, just now | 4.58 bp | doesn't fit | 64.2 bp −$642 | 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 on 27 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MORPHOUSD | −0.1763% | 1h | 2.6827 | −0.035% | $84K | $151K | 20x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | −0.0829% | 1h | 2.6842 | +0.023% | $10K | $721 | 10x | as long as short |
| Injective MORPHO/USDC PERP | −0.0425% | 1h | 2.6810 | −0.096% | $38 | $76K | 5.5x | as long as short |
| 01 Exchange MORPHOUSD | −0.0352% | 1h | 2.6816 | −0.074% | $881 | $12K | 5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.0240% | 1h | 2.6885 | +0.183% | $78K | $46K | 25x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.0209% | 4h | 2.6829 | −0.026% | $10K | $34K | 10x | as long as short |
| BloFin MORPHO-USDT | −0.0200% | 4h | 2.6847 | +0.042% | $658K | $214K | 20x | as long as short |
| GRVT MORPHO_USDT_Perp | −0.0058% | 4h | 2.6830 | −0.022% | $41K | $150K | 10x | as long as short |
| Gate MORPHO_USDT | −0.0042% | 4h | 2.6855 | +0.071% | $773K | $529K | 50x | as long as short |
| Reya MORPHORUSDPERP | −0.0004% | 1h | 2.6848 | +0.044% | $16 | — | 10x | as long as short |
Kraken Futures PF_MORPHOUSD
Deribit MORPHO_USDC-PERPETUAL
Injective MORPHO/USDC PERP
01 Exchange MORPHOUSD
Coinbase International MORPHO-PERP-INTX
Orderly PERP_MORPHO_USDC
BloFin MORPHO-USDT
GRVT MORPHO_USDT_Perp
Gate MORPHO_USDT
Reya MORPHORUSDPERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MORPHO | +0.0059% | 1h | 2.6877 | +0.153% | $35K | $471K | 5x | as long as short |
| Polymarket Perps MORPHO-USD | +0.0065% | 1h | 2.6842 | +0.023% | $24K | $2.0M | 5x | as long as short |
| Lighter MORPHO | +0.0096% | 1h | 2.6896 | +0.224% | $320K | $356K | 5x | as long as short |
| Paradex MORPHO-USD-PERP | +0.0100% | 8h | 2.6836 | −0.001% | $5K | $3 | 5x | as long as short |
| Aster MORPHOUSDTlong | +0.0100% | 4h | 2.6836 | long leg | $59K | $32K | 20x | |
| Binance MORPHOUSDT | +0.0100% | 4h | 2.6823 | −0.048% | $16.4M | $26.7M | 75x | as long as short |
| Bybit MORPHOUSDT | +0.0100% | 4h | 2.6859 | +0.086% | $8.8M | $10.2M | 25x | as long as short |
| OKX MORPHO-USDT-SWAP | +0.0100% | 4h | 2.6851 | +0.056% | $3.2M | $4.6M | 20x | as long as short |
| MEXC MORPHO_USDT | +0.0100% | 4h | 2.6820 | −0.059% | $5.1M | $1.1M | 100x | as long as short |
| KuCoin MORPHOUSDTM | +0.0100% | 4h | 2.6863 | +0.101% | $609K | $274K | 50x | as long as short |
| Bitget MORPHOUSDT | +0.0100% | 4h | 2.6853 | +0.064% | $2.9M | $2.0M | 75x | as long as short |
| BingX MORPHO-USDT | +0.0100% | 4h | 2.6845 | +0.034% | — | $1.4M | — | as long as short |
| Variational Omni MORPHOshort | +0.0100% | 4h | 2.6885 | +0.184% | $652K | $1.4M | — | |
| SoDEX MORPHO-USD | +0.0100% | 1h | 2.6833 | −0.011% | $23K | $3K | 5x | as long as short |
| Extended MORPHO-USD | +0.0104% | 1h | 2.6815 | −0.077% | $101K | $302K | 10x | as long as short |
| Hyperliquid MORPHO | +0.0189% | 1h | 2.6902 | +0.247% | $6.4M | $7.1M | 5x | as long as short |
| GMX MORPHO/USD [ETH-USDC] | L +0.0193% / S −16.5420% | 1h | 2.6857 | +0.080% | $1K | — | 100x | as long as short |
Phoenix MORPHO
Polymarket Perps MORPHO-USD
Lighter MORPHO
Paradex MORPHO-USD-PERP
Binance MORPHOUSDT
Bybit MORPHOUSDT
OKX MORPHO-USDT-SWAP
MEXC MORPHO_USDT
KuCoin MORPHOUSDTM
Bitget MORPHOUSDT
BingX MORPHO-USDT
SoDEX MORPHO-USD
Extended MORPHO-USD
Hyperliquid MORPHO
GMX MORPHO/USD [ETH-USDC]