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MORPHO live: funding rate, open interest, liquidations & volume spikes

MORPHO trades on 7 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, Hyperliquid, Kucoin and Mexc) across 7 perpetual futures and 3 spot markets. The last price is 2.679 USDT on Binance (+0.27% in the last hour), and 24h volume is $28.28M ($23.38M perps, $4.89M spot). Perpetual open interest totals $39.42M. The OI-weighted funding rate is 0.0100% per 8h (≈11% APR), so longs pay shorts. No MORPHO liquidations have been recorded in the last 3 hours (since tracking began). The scanner flagged 4 volume spikes on MORPHO since it started.

Tracking for ~3h Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceBinance perp
2.679
1h +0.27% 24h —
24h volumespot + perp
$28.28M
Perp $23.38MSpot $4.89M
Open interest7 perps
$39.42M
1h — 24h —
Funding, 8hOI-weighted
0.0100%
≈11% APRlongs pay shorts
Liquidations 24hpartial
$0
Longs $0Shorts $0
Volume spikes 24hpartial
4
Net spike flow-$85K

MORPHO markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
Binance perp MORPHOUSDT 2.679 +0.27% — $13.94M 0.0100% $16.47M +0.16% — — Trade
mexc perp MORPHO_USDT 2.680 — — $515K 0.0100% $7.59M — — — Trade
Hyperliquid perp MORPHO 2.684 +0.34% — $1.55M 0.0100% $7.39M -1.15% — — Trade
Bybit perp MORPHOUSDT 2.681 +0.30% — $5.72M 0.0100% $4.31M +0.54% — — Trade
bitget perp MORPHOUSDT 2.682 — — $1.28M 0.0100% $2.85M — — — Trade
gate perp MORPHO_USDT 2.679 — — $264K 0.0100% $438K — — — Trade
kucoin perp MORPHOUSDTM 2.682 — — $118K 0.0100% $381K — — — Trade
Binance spot MORPHOUSDT 2.682 +0.30% — $4.37M — — — — — Trade
Bybit spot MORPHOUSDT 2.678 +0.26% — $336K — — — — — Trade
Binance spot MORPHOUSDC 2.675 +0.41% — $190K — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~3h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

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MORPHO long/short ratio

All coins' long/short ratios →

Long/short ratios are tracked for the top 100 perpetuals by volume on Binance and Bybit. MORPHO is not among them right now. See the coins that are tracked →

MORPHO volume spikes

See live spikes for all coins →
Spikes on record4
Buy-side1
Sell-side3
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
77m ago BIN perp VOL SELL $199K 31.3× 31% -0.35%+0.01%-0.12%
2h ago BIN perp VOL SELL $126K 26.2× 35% -0.01%+0.04%-0.13%
2h ago BIN spot VOL SELL $52K 40.3× 40% -0.04%+0.07%-0.15%
2h ago BIN spot VOL BUY $44K 38.1× 94% +0.11%+0.37%-0.15%

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

MORPHO liquidations: long vs short

All liquidations →
WindowLongsShortsLong / shortCount
1h $0 $0
0
4h $0 $0
0
24h $0 $0
0
Longs liquidatedShorts liquidated

Biggest MORPHO liquidations, 24h

  1. None recorded yet.

Latest

  1. No MORPHO liquidations since tracking began.

From Binance USDⓈ-M and Bybit linear perps. Binance reports at most one liquidation per symbol per second, so totals are a lower bound. A long liquidation is a forced sell; a short liquidation is a forced buy.

About the MORPHO numbers

MORPHO funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive MORPHO funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

MORPHO open interest

Open interest is the USD value of all open MORPHO perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

MORPHO liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

MORPHO volume spikes

A spike is a minute where one MORPHO market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.