# MORPHO Funding Rates

As of 2026-10-03 16:52 UTC, MORPHO perpetual funding averages 0.0097% per 8 hours (10.68% APR) across all 20 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Lighter at 0.0240% per 8h (26.28% APR). Lowest: Kraken at -0.0202% per 1h (-176.85% APR). Going long on Kraken and short on Lighter collects a gross spread of 0.1855% per 8 hours (203.13% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/morpho/cryptocom) | [MORPHO/USD:USD](https://crypto.com/exchange/trade/MORPHOUSD-PERP) | 0.0125% | 1h | 109.60% | 2026-10-03 17:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/morpho/lighter) | [MORPHO/USDC:USDC](https://app.lighter.xyz/trade/MORPHO) | 0.0240% | 8h | 26.28% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/morpho/hyperliquid) | [MORPHO/USDC:USDC](https://app.hyperliquid.xyz/trade/MORPHO) | 0.0020% | 1h | 17.09% | 2026-10-03 17:00 UTC |
| [Extended](https://arbtide.com/funding-rates/morpho/extended) | [MORPHO/USDC:USDC](https://app.extended.exchange/perp/MORPHO-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 17:00 UTC |
| [Binance](https://arbtide.com/funding-rates/morpho/binance) | [MORPHO/USDT:USDT](https://www.binance.com/en/futures/MORPHOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/morpho/bybit) | [MORPHO/USDT:USDT](https://www.bybit.com/trade/usdt/MORPHOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/morpho/okx) | [MORPHO/USDT:USDT](https://www.okx.com/trade-swap/morpho-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/morpho/bitget) | [MORPHO/USDT:USDT](https://www.bitget.com/futures/usdt/MORPHOUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/morpho/gate) | [MORPHO/USDT:USDT](https://www.gate.com/futures/USDT/MORPHO_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/morpho/kucoin) | [MORPHO/USDT:USDT](https://www.kucoin.com/trade/futures/MORPHOUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/morpho/mexc) | [MORPHO/USDT:USDT](https://www.mexc.com/futures/MORPHO_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/morpho/bingx) | [MORPHO/USDT:USDT](https://bingx.com/en/perpetual/MORPHO-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/morpho/whitebit) | [MORPHO/USDT:USDT](https://whitebit.com/trade/MORPHO-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/morpho/xt) | [MORPHO/USDT:USDT](https://www.xt.com/en/futures/trade/morpho_usdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/morpho/lbank) | [MORPHO/USDT:USDT](https://www.lbank.com/futures/morphousdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/morpho/weex) | [MORPHO/USDT:USDT](https://www.weex.com/futures/MORPHO-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:51 UTC |
| [Toobit](https://arbtide.com/funding-rates/morpho/toobit) | [MORPHO/USDT:USDT](https://www.toobit.com/en-US/futures/MORPHO-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/morpho/aster) | [MORPHO/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/MORPHOUSDT) | 0.0050% | 4h | 10.95% | — |
| [Paradex](https://arbtide.com/funding-rates/morpho/paradex) | [MORPHO/USD:USDC](https://app.paradex.trade/trade/MORPHO-USD-PERP) | 0.0100% | 8h | 10.94% | — |
| [Kraken](https://arbtide.com/funding-rates/morpho/kraken) | [MORPHO/USD:USD](https://pro.kraken.com/app/trade/futures-morpho-usd-perp) | -0.0202% | 1h | -176.85% | — |

## Frequently asked questions

### Is the MORPHO funding rate positive right now?

Mostly yes. MORPHO funding is positive on 19 of the 20 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest MORPHO funding rate?

Lighter at 0.0240% per 8h (26.28% APR). The lowest is Kraken at -0.0202% per 1h (-176.85% APR).

### What is the MORPHO funding arbitrage spread?

The gross spread is 0.1855% per 8 hours (203.13% APR): long MORPHO on Kraken and short on Lighter. 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 Binance, Bybit, OKX, Bitget, Gate, KuCoin, MEXC, BingX, WhiteBIT, XT.COM, LBank, WEEX, Toobit, and Aster; every hour on Crypto.com, Hyperliquid, Extended, and Kraken. Rates on this page are also shown as APR so they can be compared directly.