MORPHO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against BingX−0.058%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$670.669% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.058%, 7d avg −0.041%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MORPHO-USDT	2.6067	0.0100	pay 0.0050% / 4h	1m 54s	—	$1.4M	—
Short	Binance MORPHOUSDT	2.6052	0.0100	get 0.0050% / 4h	1m 54s	$15.8M	$24.6M	75x

Funding history

latest

Range statsloading…

Binance against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now −0.058%Rate

Slippage from BingX: live order book, 5 min ago; Binance: live order book, 9 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 5 min ago	1.92 bp	18.0 bp −$18	41.7 bp −$417	395.8 bp −$39.6K	711.9 bp −$355.9K
Sell Binance live order book, 9 min ago	0.77 bp	16.5 bp −$16	40.1 bp −$401	doesn't fit	doesn't fit

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	−0.1665%	1h	2.6018	−0.187%	$81K	$127K	20x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.1245%	1h	2.6045	−0.084%	$11K	$1K	10x	as long as short
01 Exchange MORPHOUSD	−0.1024%	1h	2.5977	−0.345%	$854	$9K	5x	as long as short
GRVT MORPHO_USDT_Perp	−0.0282%	4h	2.6040	−0.102%	$34K	$140K	10x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0224%	1h	2.6092	+0.096%	$75K	$41K	25x	as long as short
BloFin MORPHO-USDT	−0.0200%	4h	2.6044	−0.088%	$639K	$241K	20x	as long as short
Polymarket Perps MORPHO-USD	−0.0158%	1h	2.6055	−0.046%	$25K	$1.6M	5x	as long as short
Orderly PERP_MORPHO_USDC	−0.0141%	4h	2.6047	−0.077%	$10K	$34K	10x	as long as short
Reya MORPHORUSDPERP	−0.0005%	1h	2.6038	−0.111%	$16	—	10x	as long as short
Phoenix MORPHO	0.0000%	1h	2.6055	−0.046%	$43K	$370K	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MORPHO/USDC PERP	+0.0033%	1h	2.6430	+1.393%	$37	$242K	5.5x	as long as short
Gate MORPHO_USDT	+0.0040%	4h	2.6067	0.000%	$763K	$483K	50x	as long as short
Bybit MORPHOUSDT	+0.0078%	4h	2.6064	−0.012%	$8.1M	$8.6M	25x	as long as short
Lighter MORPHO	+0.0096%	1h	2.6083	+0.062%	$313K	$309K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	8h	2.6042	−0.096%	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	2.6103	+0.138%	$6.1M	$6.8M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	2.6081	+0.054%	$57K	$30K	20x	as long as short
Binance MORPHOUSDTshort	+0.0100%	4h	2.6052	−0.058%	$15.8M	$24.6M	75x
OKX MORPHO-USDT-SWAP	+0.0100%	4h	2.6076	+0.035%	$3.2M	$4.1M	20x	as long as short
MEXC MORPHO_USDT	+0.0100%	4h	2.6038	−0.111%	$5.9M	$835K	100x	as long as short
KuCoin MORPHOUSDTM	+0.0100%	4h	2.6078	+0.042%	$595K	$253K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	2.6064	−0.012%	$2.8M	$1.7M	75x	as long as short
BingX MORPHO-USDTlong	+0.0100%	4h	2.6067	long leg	—	$1.4M	—
Variational Omni MORPHO	+0.0100%	4h	2.6050	−0.064%	$621K	$675K	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	2.6045	−0.084%	$21K	$4K	5x	as long as short
Extended MORPHO-USD	+0.0104%	1h	2.6031	−0.139%	$100K	$348K	10x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0186% / S −15.6829%	1h	2.6068	+0.003%	$1K	—	100x	as long as short