Funding Rate (MORPHO)

Compare perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

current price: $2.52

Rate MatrixHeatmapCumulative Fees

MORPHO Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0026%+5.65%4h04:00 UTC$13.3M
2Bybit+0.0050%+10.95%4h04:00 UTC$8.0M
3MEXC+0.0024%$7.1M
4Hyperliquid+0.0013%+10.95%1h$4.6M
5WhiteBIT+0.0050%+10.95%4h04:00 UTC$2.9M
6Bitget+0.0050%+10.95%4h$2.5M
7KuCoin+0.0050%+10.95%4h04:00 UTC$0.6M
8Gate+0.0050%+10.95%4h04:00 UTC$0.6M
9Lighter+0.0096%+84.10%1h$0.4M
10Kraken-0.0155%$0.2M
11Coinbase-0.0029%-25.40%1h$0.1M
12Crypto.comhighest-0.0248%$0.1M
13Aster+0.0050%+10.95%4h04:00 UTC$0.0M
14Paradex+0.0099%+10.84%8h$0.0M
15BingX+0.0050%04:00 UTC
16Bitunix+0.0007%+1.61%4h04:00 UTC
17LBank+0.0024%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0012%
OI-Weighted Rate
+0.0032%
Volume-Weighted Rate
+0.0032%

MORPHO Funding Rate History

MORPHO Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance-0.0045%+0.0482%+0.4591%+0.4633%
Bybit+0.0000%+0.0000%+0.0600%-0.1458%
OKX+0.0000%+0.0000%+0.0600%-0.1344%
Bitget+0.0000%+0.0000%+0.0600%-0.0451%
Gate+0.0000%+0.0000%+0.0243%-0.1199%

About Funding Rate

What is the MORPHO funding rate?

The MORPHO funding rate is a periodic payment between long and short traders on perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged MORPHO perpetual position.

What does a positive or negative MORPHO funding rate mean?

A persistently positive MORPHO funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current MORPHO funding rate?

As of now, the MORPHO funding rate averages 0.0012% across 17 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest MORPHO funding rate?

Right now cryptocom shows the highest (or most extreme) MORPHO funding rate among tracked exchanges, at -0.0248%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.