Spread before costs (cost unknown: a leg has no order-book sample)−0.089%
7d average—if it closes, per $10,000$9funding while held, a day+$1.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MORPHORUSDPERP | 2.6817 | −0.0004 | get 0.0001% / 1h | 40m 55s | $16 | — | 10x |
| Short | Extended MORPHO-USD | 2.6793 | 0.0056 | get 0.0007% / 1h | 40m 55s | $101K | $304K | 10x |
Reya MORPHORUSDPERP
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
- −$8.89
- Funding while held
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.08
- Spread needed to break even
- 0.110%
Slippage unknown: Reya: no order-book sample; Extended: live order book, 58 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0060%
- Per $10,000 a day
- +$1.81
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 58 min ago | 2.40 bp | 21.4 bp −$21 | 269.5 bp −$2,695 | doesn't fit | doesn't fit |
Reya: 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.Kraken Futures2.6760cheapest01 Exchange2.6784+0.090%BloFin2.6787+0.102%Binance2.6790+0.114%SoDEX2.6791+0.116%MEXC2.6793+0.124%
Kraken Futures
BloFin
Binance
SoDEX
MEXCExtended2.6793+0.125%
Orderly2.6795+0.131%Bybit2.6801+0.154%Gate2.6802+0.158%Deribit2.6802+0.158%Paradex2.6802+0.158%Polymarket Perps2.6807+0.176%BingX2.6810+0.187%Variational Omni2.6811+0.190%OKX2.6811+0.191%Aster2.6812+0.195%
Orderly
Bybit
Gate
Deribit
Paradex
Polymarket Perps
BingX
Variational Omni
OKX
AsterReya2.6817+0.214%
Bitget2.6818+0.217%GMX2.6824+0.240%KuCoin2.6828+0.255%Phoenix2.6853+0.348%Hyperliquid2.6854+0.352%Lighter2.6862+0.383%Coinbase International2.6876+0.434%Injective2.7130+1.383%
Bitget
GMX
KuCoin
Phoenix
Hyperliquid
Lighter
Coinbase International
InjectiveMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MORPHOUSD | −0.214% | −0.2232% | 1h | $84K | $166K | 20x | as long as short |
| 01 Exchange MORPHOUSD | −0.124% | −0.0480% | 1h | $880 | $12K | 5x | as long as short |
| BloFin MORPHO-USDT | −0.112% | −0.0117% | 4h | $664K | $205K | 20x | as long as short |
| Binance MORPHOUSDT | −0.100% | +0.0059% | 4h | $16.5M | $27.4M | 75x | as long as short |
| SoDEX MORPHO-USD | −0.098% | +0.0100% | 1h | $22K | $2K | 5x | as long as short |
| MEXC MORPHO_USDT | −0.090% | +0.0058% | 4h | $4.8M | $1.2M | 100x | as long as short |
| Extended MORPHO-USDshort | −0.089% | +0.0056% | 1h | $101K | $304K | 10x | |
| Orderly PERP_MORPHO_USDC | −0.083% | −0.0209% | 4h | $10K | $34K | 10x | as long as short |
| Bybit MORPHOUSDT | −0.060% | −0.0117% | 4h | $8.8M | $10.3M | 25x | as long as short |
| Gate MORPHO_USDT | −0.057% | −0.0574% | 4h | $773K | $538K | 50x | as long as short |