Spread before costs (cost unknown: a leg has no order-book sample)+0.057%
7d average−0.030%if it closes, per $10,000$6funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MORPHO | 2.7352 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $668K | $1.4M | — |
| Short | MEXC MORPHO_USDT | 2.7367 | 0.0100 | get 0.0050% / 4h | 3h 29m | $4.9M | $1.3M | 100x |
Variational Omni MORPHO
MEXC MORPHO_USDTPrice 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
- $5.67
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $1.67
- Spread needed to break even
- 0.040%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; MEXC: live order book, 5 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 1 min ago | 6.37 bp | doesn't fit | 69.1 bp −$691 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.37 bp | 4.3 bp −$4 | 38.7 bp −$387 | 192.9 bp −$19.3K | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.Injective2.7130cheapestBloFin2.7331+0.741%01 Exchange2.7349+0.807%Phoenix2.7351+0.815%
Injective
BloFin
PhoenixVariational Omni2.7352+0.816%
Paradex2.7359+0.844%Coinbase International2.7363+0.859%
Paradex
Coinbase InternationalMEXC2.7367+0.874%
Extended2.7369+0.879%Binance2.7372+0.892%Gate2.7372+0.892%SoDEX2.7372+0.892%Polymarket Perps2.7374+0.899%Orderly2.7379+0.918%Deribit2.7383+0.933%Reya2.7385+0.938%BingX2.7386+0.944%Aster2.7388+0.953%Kraken Futures2.7389+0.955%OKX2.7390+0.958%KuCoin2.7391+0.962%Bybit2.7393+0.969%Bitget2.7398+0.988%Lighter2.7409+1.029%GMX2.7413+1.044%Hyperliquid2.7451+1.183%
Extended
Binance
Gate
SoDEX
Polymarket Perps
Orderly
Deribit
Reya
BingX
Aster
Kraken Futures
OKX
KuCoin
Bybit
Bitget
Lighter
GMX
HyperliquidMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | −0.810% | +0.0033% | 1h | $38 | $34K | 5.5x | as long as short |
| BloFin MORPHO-USDT | −0.075% | −0.0200% | 4h | $678K | $247K | 20x | as long as short |
| 01 Exchange MORPHOUSD | −0.009% | −0.0688% | 1h | $899 | $10K | 5x | as long as short |
| Phoenix MORPHO | −0.002% | −0.0146% | 1h | $35K | $554K | 5x | as long as short |
| Variational Omni MORPHOlong | 0.000% | +0.0100% | 4h | $668K | $1.4M | — | |
| Paradex MORPHO-USD-PERP | +0.027% | +0.0100% | 8h | $5K | $3 | 5x | as long as short |
| Coinbase International MORPHO-PERP-INTX | +0.042% | −0.0256% | 1h | $79K | $52K | 25x | as long as short |
| MEXC MORPHO_USDTshort | +0.057% | +0.0100% | 4h | $4.9M | $1.3M | 100x | |
| Extended MORPHO-USD | +0.062% | +0.0104% | 1h | $103K | $304K | 10x | as long as short |
| Binance MORPHOUSDT | +0.075% | +0.0100% | 4h | $16.9M | $30.5M | 75x | as long as short |