MORPHO Funding Rate (Morpho)

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

Morpho current price: $2.06

Rate MatrixHeatmapCumulative Fees

MORPHO Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$11.6M
2Bybit+0.0050%+10.95%4h00:00 UTC$5.6M
3Hyperliquid+0.0013%+10.95%1h$4.5M
4MEXC+0.0050%$2.9M
5WhiteBIT+0.0050%+10.95%4h00:00 UTC$2.4M
6Bitget+0.0050%+10.95%4h$2.0M
7KuCoin+0.0050%+10.95%4h00:00 UTC$0.8M
8Gate-0.0100%-21.90%4h00:00 UTC$0.4M
9Lighter+0.0096%+84.10%1h$0.3M
10Crypto.comhighest-0.0221%$0.1M
11Coinbase-0.0016%-14.02%1h$0.1M
12Kraken+0.0036%$0.1M
13Aster-0.0030%-26.07%1h00:00 UTC$0.0M
14Paradex+0.0100%+10.93%8h$0.0M
15dYdX+0.0000%+0.00%1h$0.0M
16BingX+0.0050%00:00 UTC
17Bitunix+0.0050%+10.95%4h00:00 UTC
18LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0018%
OI-Weighted Rate
+0.0042%
Volume-Weighted Rate
+0.0047%

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+0.0100%+0.0998%+0.4511%+0.4511%

About Morpho Funding Rate

What is the MORPHO funding rate?

The MORPHO funding rate is a periodic payment between long and short traders on Morpho 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 0.0018% across 18 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 -0.0221%. 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.