After costs, if the gap returns to its 7d average, $10k−$167
spread now−0.108%7d average+0.027%fees + slippage, in and out−$154spread needed1.538%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MORPHO-USDT-SWAP | 2.6805 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $3.2M | $4.6M | 20x |
| Short | KuCoin MORPHOUSDTM | 2.6776 | 0.0100 | get 0.0050% / 4h | 1h 25m | $598K | $343K | 50x |
OKX MORPHO-USDT-SWAP
KuCoin MORPHOUSDTMPrice 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
- −$10.82
- Funding while held
- $0
- Slippage, 4 orders
- −$131.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$164.65
- Spread needed to break even
- 1.538%
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 15 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 | 2.05 bp | 19.1 bp −$19 | 170.9 bp −$1,709 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 17.36 bp | 51.6 bp −$52 | 204.9 bp −$2,049 | doesn't fit | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.01 Exchange2.6727cheapestKraken Futures2.6751+0.090%Polymarket Perps2.6762+0.131%Paradex2.6767+0.151%Orderly2.6775+0.180%Binance2.6775+0.181%Gate2.6776+0.183%
Kraken Futures
Polymarket Perps
Paradex
Orderly
Binance
GateKuCoin2.6776+0.183%
Extended2.6778+0.193%BloFin2.6780+0.198%Bybit2.6781+0.202%MEXC2.6781+0.202%Variational Omni2.6781+0.203%Reya2.6782+0.205%BingX2.6783+0.210%SoDEX2.6784+0.213%Deribit2.6788+0.228%Aster2.6789+0.232%Bitget2.6794+0.251%GMX2.6795+0.255%Phoenix2.6800+0.273%
Extended
BloFin
Bybit
MEXC
Variational Omni
Reya
BingX
SoDEX
Deribit
Aster
Bitget
GMX
PhoenixOKX2.6805+0.292%
Coinbase International2.6813+0.322%Lighter2.6820+0.347%Hyperliquid2.6841+0.427%Injective2.7130+1.508%
Coinbase International
Lighter
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 | −0.291% | −0.0656% | 1h | $878 | $12K | 5x | as long as short |
| Kraken Futures PF_MORPHOUSD | −0.201% | −0.2233% | 1h | $84K | $165K | 20x | as long as short |
| Polymarket Perps MORPHO-USD | −0.160% | −0.0319% | 1h | $24K | $2.5M | 5x | as long as short |
| Paradex MORPHO-USD-PERP | −0.141% | +0.0100% | 8h | $5K | $3 | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.112% | −0.0214% | 4h | $10K | $34K | 10x | as long as short |
| Binance MORPHOUSDT | −0.110% | +0.0062% | 4h | $16.5M | $27.2M | 75x | as long as short |
| Gate MORPHO_USDT | −0.108% | −0.0622% | 4h | $772K | $538K | 50x | as long as short |
| KuCoin MORPHOUSDTMshort | −0.108% | +0.0100% | 4h | $598K | $343K | 50x | |
| Extended MORPHO-USD | −0.099% | +0.0064% | 1h | $101K | $304K | 10x | as long as short |
| BloFin MORPHO-USDT | −0.093% | −0.0128% | 4h | $667K | $205K | 20x | as long as short |