24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,208,123Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

MORPHO Funding Rates

10 exchanges · updated 26 Oct, 18:26 UTC

MORPHO perpetual funding on 10 exchanges, a year (APR): positive means longs pay shorts.

Highest now11.4%ExtendedLowest now10.5%LighterOpen interest$43.7M24h volume$17.7M
Best pair over 7 days
Long Bybit · Short Lighter · 15.6% a year, 9.9% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
ExtendedDEX 11.4%+0.0013% / 1h 3.1% 7 days2.8%paid 66% of hours hourlynext 19:00 UTC 2.0861 $129K $947K Trade
HyperliquidDEX 11.0%+0.0013% / 1h 10.9% 7 days10.8%paid 100% of hours hourlynext 19:00 UTC 2.0881 $6.6M $1.3M Trade
BinanceCEX 11.0%+0.0050% / 4h 2.9% 7 days2.7%paid 66% of hours every 4hnext 20:00 UTC 2.0875 $13.0M $7.6M Trade
BybitCEX 11.0%+0.0050% / 4h 2.3% 7 days−5.2%paid 46% of hours every 4hnext 20:00 UTC 2.0886 $6.4M $2.2M Trade
OKXCEX 11.0%+0.0050% / 4h 6.1% 7 days−3.1%paid 49% of hours every 4hnext 20:00 UTC 2.0887 $2.2M $2.5M Trade
BitgetCEX 11.0%+0.0050% / 4h 9.1% 7 days6.2%paid 80% of hours every 4hnext 20:00 UTC 2.0878 $2.6M $545K Trade
GateCEX 11.0%+0.0050% / 4h 9.2% 7 days5.4%paid 85% of hours every 4hnext 20:00 UTC 2.0862 $675K $341K Trade
MEXCCEX 11.0%+0.0050% / 4h 2.8% 7 days2.6%paid 66% of hours every 4hnext 20:00 UTC 2.088 $10.5M $726K Trade
BingXCEX 11.0%+0.0050% / 4h 10.0% 7 days9.0%paid 93% of hours every 4hnext 20:00 UTC 2.0881 $1.2M $1.4M Trade
LighterDEX 10.5%+0.0012% / 1h 10.5% 7 days10.4%paid 99% of hours hourlynext 19:00 UTC 2.0897 $309K $121K Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongBybitShortLighter
DEX ↔ CEX · thin market
15.6% 9.9%fees 0.11% Price spread+0.029%usual +0.043% $309K Open
LongOKXShortLighter
DEX ↔ CEX · thin market
13.6% 8.4%fees 0.10% Price spread+0.024%usual +0.084% $309K Open
LongMEXCShortLighter
DEX ↔ CEX · thin market
7.8% 5.7%fees 0.04% Price spread+0.077%usual +0.099% $309K Open
LongBybitShortHyperliquid
DEX ↔ CEX
16.1% 5.7%fees 0.20% Price spread−0.076%usual +0.025% $6.4M Open
LongExtendedShortLighter
DEX ↔ DEX · thin market
7.6% 5.0%fees 0.05% Price spread+0.026%usual +0.047% $129K Open
LongOKXShortHyperliquid
DEX ↔ CEX
14.0% 4.1%fees 0.19% Price spread−0.080%usual +0.054% $2.2M Open
LongBybitShortBingX
CEX ↔ CEX · thin market
14.2% 3.3%fees 0.21% Price spread−0.053%usual −0.037% $1.2M Open
LongBinanceShortLighter
DEX ↔ CEX · thin market
7.8% 2.6%fees 0.10% Price spread+0.10%usual +0.099% $309K Open
LongOKXShortBingX
CEX ↔ CEX · thin market
12.1% 1.7%fees 0.20% Price spread−0.057%usual −0.007% $1.2M Open
LongMEXCShortHyperliquid
DEX ↔ CEX · thin market
8.2% 1.4%fees 0.13% Price spread−0.028%usual +0.081% $6.6M Open
Other coins

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.