# MORPHO Funding Rate on Lighter

As of 2026-10-04 12:54 UTC, the MORPHO perpetual on Lighter pays 0.0128% per 8h, 0.0128% per 8 hours (14.02% APR), so longs pay shorts. That is the 1st highest of 18 exchanges shown, against a volume-weighted average of 0.0096% per 8 hours (10.49% APR). Over the last 7 days Lighter averaged 0.0200% per 8 hours (21.90% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Lighter](https://arbtide.com/funding-rates/morpho/lighter) | [MORPHO/USDC:USDC](https://app.lighter.xyz/trade/MORPHO) | 0.0128% | 8h | 14.02% | — |
| [Extended](https://arbtide.com/funding-rates/morpho/extended) | [MORPHO/USDC:USDC](https://app.extended.exchange/perp/MORPHO-USD) | 0.0013% | 1h | 11.39% | 2026-10-04 13:00 UTC |
| [Binance](https://arbtide.com/funding-rates/morpho/binance) | [MORPHO/USDT:USDT](https://www.binance.com/en/futures/MORPHOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/morpho/bybit) | [MORPHO/USDT:USDT](https://www.bybit.com/trade/usdt/MORPHOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 16:00 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% | 2026-10-04 16:00 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% | 2026-10-04 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/morpho/kucoin) | [MORPHO/USDT:USDT](https://www.kucoin.com/trade/futures/MORPHOUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/morpho/mexc) | [MORPHO/USDT:USDT](https://www.mexc.com/futures/MORPHO_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 16:00 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% | 2026-10-04 16:00 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% | 2026-10-04 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/morpho/weex) | [MORPHO/USDT:USDT](https://www.weex.com/futures/MORPHO-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 12:54 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% | 2026-10-04 16:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/morpho/hyperliquid) | [MORPHO/USDC:USDC](https://app.hyperliquid.xyz/trade/MORPHO) | 0.0013% | 1h | 10.95% | 2026-10-04 13:00 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) | 0.0099% | 8h | 10.86% | — |
| [Kraken](https://arbtide.com/funding-rates/morpho/kraken) | [MORPHO/USD:USD](https://pro.kraken.com/app/trade/futures-morpho-usd-perp) | -0.0128% | 1h | -112.15% | — |

## Frequently asked questions

### What is the MORPHO funding rate on Lighter?

0.0128% per 8h, or 0.0128% per 8 hours (14.02% APR), so longs pay shorts. The 7-day average is 0.0200% per 8 hours (21.90% APR).

### How often does Lighter pay MORPHO funding?

Every 8 hours.

### Is MORPHO funding on Lighter higher than on other exchanges?

Lighter is the 1st highest of 18 exchanges shown. The highest is Lighter at 0.0128% per 8h (14.02% APR) and the lowest is Kraken at -0.0128% per 1h (-112.15% APR).

### How do you arbitrage MORPHO funding with Lighter?

Long MORPHO on Kraken and short on Lighter for a gross spread of 0.1152% per 8 hours (126.17% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.