After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.057%7d average−0.038%fees + slippage, in and out−$75spread needed0.748%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MORPHO-USDT | 2.6803 | −0.0111 | get 0.0055% / 4h | 1h 42m | $663K | $205K | 20x |
| Short | Extended MORPHO-USD | 2.6788 | 0.0056 | get 0.0007% / 1h | 42m 19s | $101K | $304K | 10x |
BloFin MORPHO-USDT
Extended MORPHO-USDPrice 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
- −$5.74
- Funding while held
- $5
- Slippage, 4 orders
- −$57.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$75.55
- Spread needed to break even
- 0.748%
Slippage from BloFin: live order book, 51 min ago; Extended: live order book, 57 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0167%
- Per $10,000 a day
- +$5.00
- 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 BloFin live order book, 51 min ago | 0.56 bp | 14.6 bp −$15 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 2.40 bp | 21.4 bp −$21 | 269.5 bp −$2,695 | doesn't fit | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.01 Exchange2.6772cheapestMEXC2.6787+0.056%
MEXCExtended2.6788+0.058%
Orderly2.6790+0.067%Paradex2.6790+0.068%Binance2.6790+0.068%Polymarket Perps2.6792+0.075%Kraken Futures2.6796+0.091%BingX2.6797+0.093%SoDEX2.6798+0.097%Reya2.6800+0.105%Gate2.6802+0.112%
Orderly
Paradex
Binance
Polymarket Perps
Kraken Futures
BingX
SoDEX
Reya
GateBloFin2.6803+0.116%
Deribit2.6805+0.123%Bybit2.6807+0.131%Variational Omni2.6811+0.144%Aster2.6812+0.149%Bitget2.6818+0.172%OKX2.6820+0.179%GMX2.6824+0.194%KuCoin2.6828+0.209%Hyperliquid2.6843+0.265%Phoenix2.6853+0.303%Lighter2.6866+0.351%Coinbase International2.6876+0.388%Injective2.7130+1.337%
Deribit
Bybit
Variational Omni
Aster
Bitget
OKX
GMX
KuCoin
Hyperliquid
Phoenix
Lighter
Coinbase International
InjectiveMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange MORPHOUSD | −0.116% | −0.0472% | 1h | $880 | $11K | 5x | as long as short |
| MEXC MORPHO_USDT | −0.060% | +0.0054% | 4h | $4.8M | $1.2M | 100x | as long as short |
| Extended MORPHO-USDshort | −0.057% | +0.0056% | 1h | $101K | $304K | 10x | |
| Orderly PERP_MORPHO_USDC | −0.049% | −0.0210% | 4h | $10K | $34K | 10x | as long as short |
| Paradex MORPHO-USD-PERP | −0.048% | +0.0100% | 8h | $5K | $3 | 5x | as long as short |
| Binance MORPHOUSDT | −0.047% | +0.0059% | 4h | $16.5M | $27.4M | 75x | as long as short |
| Polymarket Perps MORPHO-USD | −0.041% | −0.0285% | 1h | $27K | $2.7M | 5x | as long as short |
| Kraken Futures PF_MORPHOUSD | −0.025% | −0.2229% | 1h | $85K | $166K | 20x | as long as short |
| BingX MORPHO-USDT | −0.022% | +0.0100% | 4h | — | $1.5M | — | as long as short |
| SoDEX MORPHO-USD | −0.019% | +0.0100% | 1h | $22K | $2K | 5x | as long as short |