Spread before costs (cost unknown: a leg has no order-book sample)+0.207%
7d average—if it closes, per $10,000$21funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MORPHO_USDT | 2.7044 | 0 | get 0.0000% / 4h | 2h 39m | $4.8M | $1.2M | 100x |
| Short | Aster MORPHOUSDT | 2.7100 | 0.0100 | get 0.0050% / 4h | 2h 39m | $59K | $32K | 20x |
MEXC MORPHO_USDT
Aster 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
- $20.69
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $11.69
- Spread needed to break even
- 0.120%
Slippage unknown: MEXC: live order book, 4 min ago; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 MEXC live order book, 4 min ago | 1.66 bp | 6.1 bp −$6 | 36.2 bp −$362 | 155.5 bp −$15.5K | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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.01 Exchange2.7016cheapest
MEXC2.7044+0.104%
Extended2.7047+0.114%Kraken Futures2.7048+0.117%SoDEX2.7048+0.118%Binance2.7062+0.170%Bitget2.7062+0.170%Polymarket Perps2.7062+0.170%Deribit2.7064+0.178%BingX2.7065+0.181%Gate2.7067+0.189%Orderly2.7067+0.189%Reya2.7067+0.189%BloFin2.7069+0.196%Bybit2.7070+0.200%Paradex2.7073+0.210%Lighter2.7074+0.215%OKX2.7078+0.229%KuCoin2.7088+0.267%Variational Omni2.7091+0.279%Coinbase International2.7093+0.285%GMX2.7096+0.296%
Extended
Kraken Futures
SoDEX
Binance
Bitget
Polymarket Perps
Deribit
BingX
Gate
Orderly
Reya
BloFin
Bybit
Paradex
Lighter
OKX
KuCoin
Variational Omni
Coinbase International
GMXAster2.7100+0.311%
Hyperliquid2.7113+0.359%Injective2.7130+0.422%Phoenix2.7165+0.552%
Hyperliquid
Injective
PhoenixMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange MORPHOUSD | −0.104% | −0.0968% | 1h | $888 | $11K | 5x | as long as short |
| MEXC MORPHO_USDTlong | 0.000% | 0.0000% | 4h | $4.8M | $1.2M | 100x | |
| Extended MORPHO-USD | +0.011% | −0.0008% | 1h | $102K | $304K | 10x | as long as short |
| Kraken Futures PF_MORPHOUSD | +0.014% | −0.0924% | 1h | $93K | $174K | 20x | as long as short |
| SoDEX MORPHO-USD | +0.015% | +0.0100% | 1h | $23K | $2K | 5x | as long as short |
| Binance MORPHOUSDT | +0.067% | −0.0004% | 4h | $16.7M | $28.9M | 75x | as long as short |
| Bitget MORPHOUSDT | +0.067% | +0.0100% | 4h | $3.0M | $2.3M | 75x | as long as short |
| Polymarket Perps MORPHO-USD | +0.067% | −0.0455% | 1h | $27K | $2.8M | 5x | as long as short |
| Deribit MORPHO_USDC-PERPETUAL | +0.074% | −0.0820% | 1h | $11K | $443 | 10x | as long as short |
| BingX MORPHO-USDT | +0.078% | +0.0100% | 4h | — | $1.5M | — | as long as short |