After costs, if the gap returns to its 7d average, $10k−$70
spread now0.000%7d average−0.026%fees + slippage, in and out−$73spread needed0.729%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MORPHO-USDT | 2.6732 | −0.0222 | get 0.0111% / 4h | 1h 56m | $666K | $205K | 20x |
| Short | Bitget MORPHOUSDT | 2.6732 | 0.0100 | get 0.0050% / 4h | 1h 56m | $2.9M | $2.1M | 75x |
BloFin MORPHO-USDT
Bitget MORPHOUSDTPrice 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
- $0
- Funding while held
- $9.67
- Slippage, 4 orders
- −$48.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.26
- Spread needed to break even
- 0.729%
Slippage from BloFin: live order book, 36 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0322%
- Per $10,000 a day
- +$9.67
- 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 BloFin live order book, 36 min ago | 0.56 bp | 14.6 bp −$15 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.93 bp | 23.5 bp −$24 | 83.9 bp −$839 | doesn't fit | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.01 Exchange2.6684cheapestKraken Futures2.6694+0.038%Gate2.6701+0.064%Paradex2.6706+0.081%Coinbase International2.6709+0.094%KuCoin2.6717+0.124%Extended2.6730+0.171%
Kraken Futures
Gate
Paradex
Coinbase International
KuCoin
ExtendedBitget2.6732+0.180%
BloFin2.6732+0.180%
Binance2.6732+0.181%BingX2.6734+0.187%Aster2.6735+0.192%Polymarket Perps2.6736+0.195%Orderly2.6736+0.195%OKX2.6737+0.199%Bybit2.6740+0.210%Variational Omni2.6743+0.219%Reya2.6750+0.247%SoDEX2.6750+0.247%MEXC2.6754+0.262%Deribit2.6757+0.274%Lighter2.6764+0.301%GMX2.6768+0.313%Phoenix2.6771+0.326%Hyperliquid2.6771+0.326%Injective2.7130+1.671%
Binance
BingX
Aster
Polymarket Perps
Orderly
OKX
Bybit
Variational Omni
Reya
SoDEX
MEXC
Deribit
Lighter
GMX
Phoenix
Hyperliquid
InjectiveMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange MORPHOUSD | −0.180% | −0.0824% | 1h | $877 | $11K | 5x | as long as short |
| Kraken Futures PF_MORPHOUSD | −0.142% | −0.2238% | 1h | $84K | $167K | 20x | as long as short |
| Gate MORPHO_USDT | −0.116% | −0.0664% | 4h | $766K | $534K | 50x | as long as short |
| Paradex MORPHO-USD-PERP | −0.098% | +0.0099% | 8h | $5K | $3 | 5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | −0.086% | −0.0352% | 1h | $77K | $47K | 25x | as long as short |
| KuCoin MORPHOUSDTM | −0.056% | +0.0100% | 4h | $595K | $344K | 50x | as long as short |
| Extended MORPHO-USD | −0.009% | +0.0016% | 1h | $101K | $304K | 10x | as long as short |
| Bitget MORPHOUSDTshort | 0.000% | +0.0100% | 4h | $2.9M | $2.1M | 75x | |
| BloFin MORPHO-USDTlong | 0.000% | −0.0222% | 4h | $666K | $205K | 20x | |
| Binance MORPHOUSDT | +0.001% | +0.0018% | 4h | $16.5M | $27.4M | 75x | as long as short |