MORPHO funding rate on Grvt

Funding APR
-57.60%
-0.0263% / 4h
Interval
4h
next 00:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
9
listing this pair

Over the last 3.3 days, MORPHO funding on Grvt averaged -39.0% APR and stayed positive 12.5% of the time, ranging from -85.3% to +10.9%. Right now it pays shorts pay longs at -57.6% APR, settled every 4h across 9 venues we track. The most reliable delta-neutral pairing for MORPHO right now is long Phoenix / short Lighter at +40.4% net APR (medium risk, ~1.6d to break even).

as of 2026-07-24 20:42 UTC

MORPHO funding history on Grvtlast 3d

30d average
-39.05%
Range
-85% / 11%
% positive
12.5%
Volatility
26.2
Best delta-neutral pairing
Long Phoenix / Short Lighter
+40.4% net APR
Backtested (30d)
+36.4%
Stability
100%
Risk
medium
Breakeven
~1.6d

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
Paradex+8.78%
dYdX+0.00%
Lighter-0.88%
Hyperliquid-34.40%
Variational-35.79%
Phoenix-54.05%
Grvt-57.60%
Aster-107.46%
Kraken-152.99%

Frequently asked

What is the current MORPHO funding rate on Grvt?

MORPHO on Grvt is funding at -57.60% APR (-0.0263% every 4h), paid shorts pay longs, as of 2026-07-24 20:42 UTC.

How often does Grvt pay funding on MORPHO?

Every 4 hours.

How do I earn MORPHO funding without price risk?

Open a delta-neutral position: long Phoenix and short Lighter, currently 40.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy