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Morpho (MORPHO) Funding Rate History

Morpho (MORPHO) perpetual futures funding ranges from -10.60 bps on PARADEX to 1.70 bps on REYA across 18 reporting venues, a spread of 12.30 bps. The most extreme rate (-116.07% APY annualized) is on PARADEX. Currently funding signs are mixed: 11 positive, 7 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on MORPHO price.

MORPHO Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
PARADEX-10.60 bps-116.07% APY-6.00 bps$558.25
CRYPTOCOM-5.70 bps-62.41% APY-6.50 bps$1.27K
PHOENIX-4.10 bps-44.89% APY-4.00 bps$10.06K
KUCOIN-2.40 bps-26.28% APY-1.60 bps$194.86K
BITGET-1.70 bps-18.61% APY0.20 bps$339.40K
REYA1.70 bps18.61% APY1.70 bps$0
BYBIT-1.30 bps-14.23% APY-0.30 bps$1.66M
BINANCE1.00 bps10.95% APY0.80 bps$6.19M
OKX1.00 bps10.95% APY0.00 bps$2.01M
HYPERLIQUID1.00 bps10.95% APY1.00 bps$744.05K
BINGX1.00 bps10.95% APY0.90 bps$595.70K
PHEMEX1.00 bps10.95% APY1.00 bps$434.03K
MEXC1.00 bps10.95% APY0.80 bps$419.48K
GATEIO1.00 bps10.95% APY0.80 bps$126.41K
LIGHTER1.00 bps10.95% APY1.50 bps$90.75K
VARIATIONAL-1.00 bps-10.95% APY0.20 bps$45.12K
ASTER1.00 bps10.95% APY1.00 bps$2.34K
WOOFIPRO0.60 bps6.57% APY0.50 bps$24.99K

Last updated 2026-05-31T19:48:22.889609Z (UTC).

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