MORPHO funding rate on Extended

Funding APR
-24.53%
-0.0028% / 1h
Interval
1h
next 15:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
11
listing this pair

Over the last 7.2 days, MORPHO funding on Extended averaged -146.1% APR and stayed positive 4% of the time, ranging from -481.7% to +35.8%. Right now it pays shorts pay longs at -24.5% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for MORPHO right now is long Grvt / short Variational at +55.8% net APR (medium risk, ~0.6d to break even).

as of 2026-08-06 14:39 UTC

MORPHO funding history on Extendedlast 7d

30d average
-146.12%
Range
-482% / 36%
% positive
4%
Volatility
110.6
Best delta-neutral pairing
Long Grvt / Short Variational
+55.8% net APR
Backtested (30d)
+57.1%
Stability
91.7%
Risk
medium
Breakeven
~0.6d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How MORPHO funding compares across venues

ExchangeFunding APR
dYdX+0.00%
Paradex-0.94%
Lighter-6.13%
Hyperliquid-6.45%
Variational-7.79%
Extended-24.53%
Phoenix-50.79%
Grvt-69.86%
Aster-95.05%
Kraken-139.79%
n1xyz-160.31%

Frequently asked

What is the current MORPHO funding rate on Extended?

MORPHO on Extended is funding at -24.53% APR (-0.0028% every 1h), paid shorts pay longs, as of 2026-08-06 14:39 UTC.

How often does Extended pay funding on MORPHO?

Every 1 hour.

How do I earn MORPHO funding without price risk?

Open a delta-neutral position: long Grvt and short Variational, currently 55.8% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy