MORPHO: Extended → Hyperliquid

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+29%

APR right now

Price gap

+0.236%

between legs

Average spread

+6%

over 24h from our own samples

Over 7 days

+6%

samples: 108

ExtendedLONG

Bid / ask2.6509 / 2.6525

Mark price2.6533

Volume 24h$408.29K

Open interest$103.90K

Rate+0.0013%

APR+11%

Interval / next payout1h / 25m

Extended

HyperliquidSHORT

Bid / ask2.6587 / 2.6627

Mark price2.6612

Volume 24h$7.01M

Open interest$6.26M

Rate+0.0047%

APR+41%

Interval / next payout1h / 25m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 65% APR, 108 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.