Spread before costs (cost unknown: a leg has no order-book sample)+0.003%
7d average+0.003%if it closes, per $10,000$0funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MORPHO | 2.7619 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $674K | $1.4M | — |
| Short | OKX MORPHO-USDT-SWAP | 2.7620 | 0.0100 | get 0.0050% / 4h | 1h 06m | $3.3M | $5.8M | 20x |
Variational Omni MORPHO
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
- $0.34
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$9.66
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; OKX: live order book, 3 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, 4 min ago | 8.14 bp | doesn't fit | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.88 bp | 17.1 bp −$17 | 135.4 bp −$1,354 | doesn't fit | doesn't fit |
MORPHO price on every exchange
against the cheapest. Click to use as the short leg.Injective2.7130cheapest01 Exchange2.7532+1.482%Paradex2.7616+1.790%Orderly2.7616+1.791%Binance2.7618+1.800%
Injective
Paradex
Orderly
BinanceVariational Omni2.7619+1.803%
OKX2.7620+1.806%
Reya2.7624+1.823%Extended2.7625+1.826%MEXC2.7627+1.832%Polymarket Perps2.7639+1.876%SoDEX2.7643+1.891%Bybit2.7644+1.895%GMX2.7645+1.897%Gate2.7649+1.913%BloFin2.7654+1.931%Deribit2.7655+1.935%BingX2.7659+1.950%Aster2.7660+1.953%Bitget2.7670+1.990%KuCoin2.7675+2.009%Kraken Futures2.7678+2.021%Lighter2.7681+2.031%Hyperliquid2.7703+2.112%Coinbase International2.7751+2.289%Phoenix2.7753+2.296%
Reya
Extended
MEXC
Polymarket Perps
SoDEX
Bybit
GMX
Gate
BloFin
Deribit
BingX
Aster
Bitget
KuCoin
Kraken Futures
Lighter
Hyperliquid
Coinbase International
PhoenixMORPHO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MORPHO/USDC PERP | −1.771% | +0.0033% | 1h | $38 | $137K | 5.5x | as long as short |
| 01 Exchange MORPHOUSD | −0.315% | −0.1440% | 1h | $905 | $8K | 5x | as long as short |
| Paradex MORPHO-USD-PERP | −0.013% | +0.0100% | 8h | $5K | $3 | 5x | as long as short |
| Orderly PERP_MORPHO_USDC | −0.011% | −0.0070% | 4h | $11K | $34K | 10x | as long as short |
| Binance MORPHOUSDT | −0.002% | +0.0100% | 4h | $16.9M | $30.3M | 75x | as long as short |
| Variational Omni MORPHOlong | 0.000% | +0.0100% | 4h | $674K | $1.4M | — | |
| OKX MORPHO-USDT-SWAPshort | +0.003% | +0.0100% | 4h | $3.3M | $5.8M | 20x | |
| Reya MORPHORUSDPERP | +0.020% | −0.0004% | 1h | $17 | — | 10x | as long as short |
| Extended MORPHO-USD | +0.023% | +0.0104% | 1h | $104K | $310K | 10x | as long as short |
| MEXC MORPHO_USDT | +0.029% | +0.0100% | 4h | $5.0M | $1.4M | 100x | as long as short |