MORPHO Funding Rates

MORPHO perp funding on 31 venues, normalized to APR. High APR is not guaranteed yield.

Venues31

Highest APR18.57%Deribit

Lowest APR-547.50%Helix

Verified signals, 14 days415Average net 4.2 bps

31 rates


MORPHO	Deribit	+0.0170%	8h	+18.6%	n/a	n/a	n/a
MORPHO	Crypto.com	+0.0017%	1h	+14.8%	n/a	n/a	n/a
MORPHO	XT	+0.0051%	4h	+11.1%	n/a	n/a	n/a
MORPHO	Binance	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Bybit	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Gate	+0.0050%	4h	+10.9%	+0.004%*	+0.004%*	n/a
MORPHO	Bitget	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Hyperliquid	+0.0013%	1h	+10.9%	n/a	n/a	n/a
MORPHO	MEXC	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	KuCoin	+0.0050%	4h	+10.9%	0.000%*	0.000%*	n/a
MORPHO	BingX	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	WhiteBIT	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	LBank	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Toobit	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Aster	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	WEEX	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Bitunix	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Zoomex	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	Polymarket Perps	+0.0013%	1h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	SoDEX	+0.0013%	1h	+10.9%	+0.008%*	+0.008%*	n/a
MORPHO	Coincall	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	GRVT	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
MORPHO	TxFlow	+0.0013%	1h	+10.9%	+0.003%*	+0.003%*	n/a
MORPHO	Paradex	+0.0100%	8h	+10.9%	n/a	n/a	n/a
MORPHO	Lighter	+0.0012%	1h	+10.5%	n/a	n/a	n/a
MORPHO	Phoenix	+0.0009%	1h	+7.7%	n/a	n/a	n/a
MORPHO	Deepcoin	+0.0034%	4h	+7.4%	+0.006%*	+0.006%*	n/a
MORPHO	BloFin	+0.0028%	4h	+6.0%	+0.007%*	+0.007%*	n/a
MORPHO	OKX	0.0000%	4h	+0.1%	-0.007%*	-0.007%*	n/a
MORPHO	Kraken	-0.0001%	1h	-0.7%	n/a	n/a	n/a
MORPHO	Helix	-0.0625%	1h	-547.5%	-0.300%*	-0.300%*	n/a

Paid is what a short collected per dollar over the last 7 or 30 days, from the settlements we kept. * marks a stretch with settlements missing, which is never filled in.

MORPHO funding paid, last 30 days

Each settlement as we read its rate just before it paid. A venue that names no settlement time, or a stretch we missed, has no line, never a guess.

Binance+0.005% paid, 1x
WhiteBIT+0.005% paid, 1x
OKX-0.007% paid, 1x

APR of each settlement. Paid is what a short collected per dollar, summed.

MORPHO regional premiums

Where it trades for a local currency, how far that price sits from the USDT price.

MORPHO/EUR+6.3 bps24h avg +10.6 bpsNone

Venue	Price (EUR)	EUR per USDT	Premium	Route
Bitstamp morphoeur	2	0.8895	+12.6 bps	—
Bitvavo MORPHO-EUR	2	0.8896	0.0 bps	—

MORPHO/TRY+1.4 bps24h avg +2.8 bpsNone

Venue	Price (TRY)	TRY per USDT	Premium	Route
Paribu morpho_tl	112.39	49.95	+2.8 bps	—
BtcTurk MORPHOTRY	112.19	49.96	0.0 bps	—

MORPHO/KRW0.0 bps24h avg -10.2 bpsNone

Venue	Price (KRW)	KRW per USDT	Premium	Route
Upbit KRW-MORPHO	3,021.5	1,345.5	0.0 bps	—
Korbit morpho_krw	3,356	1,344.5	0.0 bps	—
Bithumb KRW-MORPHO	2,996	1,344.5	-53.0 bps	—

MORPHO/IDR0.0 bps24h avg 0.0 bpsNone

Venue	Price (IDR)	IDR per USDT	Premium	Route
Indodax morphoidr	41,119.5	18,121.5	0.0 bps	—

EUR+6.8 bps
TRY+2.1 bps
KRW-2.9 bps

5-minute means over the USDT price, in bps. A break is a stretch with no fresh book.

Each local price is converted at that exchange's own USDT book, the rate its money really converts at, and compared with the middle USDT price on order book exchanges. Verified means a route that passes every check trades that market the way the premium pays. A premium is not a promise of profit.

Where MORPHO trades

24-hour volume and open interest, as each venue publishes them. A venue that publishes none shows n/a.

Venue	Type	24h volume	Open interest
BinanceMORPHOUSDT	Perp	$9.1M	n/a
WhiteBITMORPHO_PERP	Perp	$9.1M	n/a
OKXMORPHO-USDT-SWAP	Perp	$3.8M	$3.4M
LBankMORPHOUSDT	Perp	$3.4M	n/a
ToobitMORPHO-SWAP-USDT	Perp	$3.2M	n/a
BinanceMORPHOUSDT	Spot	$2.4M
ZoomexMORPHOUSDT	Perp	$2.3M	n/a
BybitMORPHOUSDT	Perp	$2.3M	$6.9M
XTmorpho_usdt	Spot	$2.3M
CoinbaseMORPHO-USD	Spot	$1.8M
BybitMORPHOUSDT	Spot	$1.7M
OKXMORPHO-USDT	Spot	$1.5M

Recent MORPHO gaps

From the free feed and the Proof Log, at least 15 minutes old. Paid plans and the trial see them live.

No MORPHO gap in the free feed or the latest Proof Log rows right now.

Across 28 venues over 1 of the last 14 days. Last closed Nov 4, 23:09 UTC. See the Proof Log.

See MORPHO routes as they open

Net after fees, depth and transfer checks, on every venue we read. No card required.

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