MORPHO funding rate
MORPHO funding rate, ranked against MORPHO's own recorded history.
+0.0013%
MORPHO funding typical vs its 109 recorded days
recorded 2026-08-18
low (109d)50th percentilehigh
109 recorded days
Funding is the fee that longs and shorts on perpetual futures pay each other to keep the contract price near spot. Positive means longs pay shorts (the crowd is long), negative means the reverse. An extreme reading is a crowding signal, not a direction: it says the trade is one-sided, not which way price goes next.