MORPHO funding arbitrage: bybit vs variational

Long MORPHOUSDT on bybit against short MORPHO on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitMORPHOUSDT-0.0056% / 4h-12.21%$4.49M$3.51M
ShortvariationalMORPHO0.0050% / 4h+10.95%$273.6K$422.0K

Funding spread +23.16% APR. Price spread +0.1472%.

Data generated at 2026-09-01T05:32:22Z. Live numbers load on this page automatically.