MORPHO Funding Rates: Live Across 20 Exchanges

As of 2026-10-03 10:05 UTC, MORPHO perpetual funding averages 0.0106% per 8 hours (11.65% APR) across all 20 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Hyperliquid at 0.0041% per 1h (36.24% APR). Lowest: Gate at -0.0055% per 4h (-12.04% APR). Going long on Gate and short on Hyperliquid collects a gross spread of 0.0441% per 8 hours (48.28% APR) before fees.

Long MORPHO on Gate and short on Hyperliquid for a funding gap of 0.0441% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the MORPHO funding rate positive right now?

Mostly yes. MORPHO funding is positive on 17 of the 20 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest MORPHO funding rate?

Hyperliquid at 0.0041% per 1h (36.24% APR). The lowest is Gate at -0.0055% per 4h (-12.04% APR).

What is the MORPHO funding arbitrage spread?

The gross spread is 0.0441% per 8 hours (48.28% APR): long MORPHO on Gate and short on Hyperliquid. Trading fees, slippage and price basis reduce the net return.

How often is MORPHO funding paid?

MORPHO funding is paid every 8 hours on Lighter and Paradex; every 4 hours on XT.COM, Binance, Bybit, OKX, Bitget, KuCoin, MEXC, BingX, WhiteBIT, LBank, WEEX, Toobit, Aster, and Gate; every hour on Hyperliquid, Extended, Kraken, and Crypto.com. Rates on this page are also shown as APR so they can be compared directly.