MORPHO funding rates
MORPHO perpetual funding is currently quoted across 13 venues, ranging from -140.2% to +10.9% APR. The most reliable delta-neutral pairing for MORPHO right now is long TxFlow / short Extended at +137.4% net APR (medium risk, ~0.3d to break even).
as of 2026-09-12 14:47 UTC
Best delta-neutral pairing
Long TxFlow / Short Extended
+137.4% net APR
- Backtested (30d)
- +41.8%
- Stability
- 91.4%
- Risk
- medium
- Breakeven
- ~0.3d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeMORPHO funding by exchange
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Paradex | +10.95% |
| SoDEX | +10.95% |
| Lighter | +10.51% |
| Extended | +5.26% |
| Phoenix | -19.20% |
| Aster | -26.47% |
| Polymarket | -43.19% |
| Grvt | -67.45% |
| Decibel | -93.73% |
| Kraken | -95.17% |
| TxFlow | -140.23% |
Frequently asked
What is the MORPHO funding rate right now?
MORPHO perpetual funding ranges from -140.23% to 10.95% APR across 13 exchanges we track; the widest delta-neutral spread is long TxFlow / short Extended at 137.4% net APR.
Which exchange has the highest MORPHO funding rate?
Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.