After costs, if the gap returns to its 7d average, $10k−$59
spread now+0.274%7d average−0.051%fees + slippage, in and out−$91spread needed0.910%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MORPHO-USDT-SWAP | 2.7030 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $3.2M | $5.1M | 20x |
| Short | Bitget MORPHOUSDT | 2.7104 | 0.0100 | get 0.0050% / 4h | 2h 40m | $3.0M | $2.3M | 75x |
OKX MORPHO-USDT-SWAP
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
- $27.38
- Funding while held
- $0
- Slippage, 4 orders
- −$69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.62
- Spread needed to break even
- 0.910%
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 OKX live order book, 3 min ago | 2.39 bp | 17.1 bp −$17 | 150.2 bp −$1,502 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.97 bp | 24.0 bp −$24 | 78.4 bp −$784 | doesn't fit | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.Bybit2.7030cheapest
BybitOKX2.7030cheapest
01 Exchange2.7036+0.022%Gate2.7050+0.074%Extended2.7058+0.103%Paradex2.7066+0.134%BloFin2.7069+0.144%MEXC2.7071+0.152%SoDEX2.7077+0.174%Binance2.7078+0.178%Kraken Futures2.7079+0.181%Polymarket Perps2.7082+0.192%Deribit2.7084+0.200%BingX2.7085+0.203%Orderly2.7086+0.207%KuCoin2.7089+0.218%Reya2.7092+0.229%Coinbase International2.7093+0.233%Lighter2.7096+0.246%
Gate
Extended
Paradex
BloFin
MEXC
SoDEX
Binance
Kraken Futures
Polymarket Perps
Deribit
BingX
Orderly
KuCoin
Reya
Coinbase International
LighterBitget2.7104+0.274%
Aster2.7111+0.299%GMX2.7116+0.320%Hyperliquid2.7125+0.351%Injective2.7130+0.370%Phoenix2.7165+0.499%Variational Omni2.7211+0.669%
Aster
GMX
Hyperliquid
Injective
Phoenix
Variational OmniMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MORPHOUSDT | 0.000% | −0.0114% | 4h | $8.9M | $10.7M | 25x | as long as short |
| OKX MORPHO-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.2M | $5.1M | 20x | |
| 01 Exchange MORPHOUSD | +0.022% | −0.0960% | 1h | $888 | $11K | 5x | as long as short |
| Gate MORPHO_USDT | +0.074% | −0.0548% | 4h | $763K | $538K | 50x | as long as short |
| Extended MORPHO-USD | +0.103% | 0.0000% | 1h | $102K | $304K | 10x | as long as short |
| Paradex MORPHO-USD-PERP | +0.134% | +0.0100% | 8h | $5K | $3 | 5x | as long as short |
| BloFin MORPHO-USDT | +0.144% | −0.0238% | 4h | $673K | $222K | 20x | as long as short |
| MEXC MORPHO_USDT | +0.152% | +0.0006% | 4h | $4.8M | $1.2M | 100x | as long as short |
| SoDEX MORPHO-USD | +0.174% | +0.0100% | 1h | $23K | $2K | 5x | as long as short |
| Binance MORPHOUSDT | +0.178% | +0.0002% | 4h | $16.7M | $28.9M | 75x | as long as short |