After costs, if the gap returns to its 7d average, $10k−$53
spread now0.000%7d average0.000%fees + slippage, in and out−$53spread needed0.535%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MORPHO-USD | 2.7254 | −0.0320 | get 0.0040% / 1h | 22m 30s | $28K | $3.0M | 5x |
| Short | OKX MORPHO-USDT-SWAP | 2.7254 | 0.0100 | get 0.0050% / 4h | 3h 22m | $3.2M | $5.6M | 20x |
Polymarket Perps MORPHO-USD
OKX MORPHO-USDT-SWAPPrice 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
- $12.59
- Slippage, 4 orders
- −$35.45
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.87
- Spread needed to break even
- 0.535%
Slippage from Polymarket Perps: live order book, 3 min ago; OKX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0420%
- Per $10,000 a day
- +$12.59
- 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 Polymarket Perps live order book, 3 min ago | 0.18 bp | 6.3 bp −$6 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.10 bp | 21.0 bp −$21 | 167.7 bp −$1,677 | doesn't fit | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.Injective2.7130cheapest01 Exchange2.7200+0.258%Extended2.7247+0.430%Gate2.7248+0.435%Bitget2.7248+0.435%Binance2.7251+0.447%BingX2.7252+0.450%
Injective
Extended
Gate
Bitget
Binance
BingXOKX2.7254+0.457%
Polymarket Perps2.7254+0.457%
Reya2.7256+0.465%Bybit2.7260+0.479%MEXC2.7260+0.479%Orderly2.7267+0.505%Paradex2.7274+0.531%BloFin2.7275+0.534%KuCoin2.7278+0.546%SoDEX2.7281+0.557%Deribit2.7293+0.601%Kraken Futures2.7294+0.603%Aster2.7297+0.616%Hyperliquid2.7309+0.658%Lighter2.7314+0.679%GMX2.7316+0.686%Phoenix2.7341+0.778%Variational Omni2.7345+0.794%Coinbase International2.7372+0.892%
Reya
Bybit
MEXC
Orderly
Paradex
BloFin
KuCoin
SoDEX
Deribit
Kraken Futures
Aster
Hyperliquid
Lighter
GMX
Phoenix
Variational Omni
Coinbase InternationalMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | −0.455% | +0.0033% | 1h | $38 | $34K | 5.5x | as long as short |
| 01 Exchange MORPHOUSD | −0.198% | −0.0712% | 1h | $894 | $10K | 5x | as long as short |
| Extended MORPHO-USD | −0.026% | +0.0088% | 1h | $103K | $304K | 10x | as long as short |
| Gate MORPHO_USDT | −0.022% | −0.0552% | 4h | $764K | $574K | 50x | as long as short |
| Bitget MORPHOUSDT | −0.022% | +0.0100% | 4h | $3.0M | $2.6M | 75x | as long as short |
| Binance MORPHOUSDT | −0.010% | +0.0090% | 4h | $16.8M | $30.4M | 75x | as long as short |
| BingX MORPHO-USDT | −0.007% | +0.0100% | 4h | — | $1.5M | — | as long as short |
| OKX MORPHO-USDT-SWAPshort | 0.000% | +0.0100% | 4h | $3.2M | $5.6M | 20x | |
| Polymarket Perps MORPHO-USDlong | 0.000% | −0.0320% | 1h | $28K | $3.0M | 5x | |
| Reya MORPHORUSDPERP | +0.008% | −0.0004% | 1h | $16 | — | 10x | as long as short |