MORPHO funding arbitrage: phoenix vs variational
Long MORPHO on phoenix against short MORPHO on variational.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | phoenix | MORPHO | -0.0035% / 1h | -31.01% | $204.0K | $12.4K |
| Short | variational | MORPHO | 0.0050% / 4h | +10.95% | $273.6K | $422.0K |
Funding spread +41.96% APR. Price spread -0.3485%.
Data generated at 2026-09-01T05:32:17Z. Live numbers load on this page automatically.