Bybit MORPHO perpetual
MORPHOUSDT
As of 2026-10-01 00:31 UTC, MORPHOUSDT on Bybit has a collected rate of +0.0050% over 4h, or +10.95% simple annualised; its collected settlement interval is 4h, with up to 25x leverage. OKX has a lower rate for longs at +4.12%.
Settled rates over the past 30 days
Settled funding for MORPHOUSDT
The latest 30-day window contains 49 settlements covering 196 known-period hours, with a cumulative rate of +0.0134%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-09-09 04:00 | -0.0039% | 4h |
| 2026-09-09 00:00 | -0.0072% | 4h |
| 2026-09-08 20:00 | -0.0080% | 4h |
| 2026-09-08 16:00 | +0.0050% | 4h |
| 2026-09-08 12:00 | +0.0050% | 4h |
| 2026-09-08 08:00 | +0.0050% | 4h |
| 2026-09-08 04:00 | -0.0019% | 4h |
| 2026-09-08 00:00 | +0.0016% | 4h |
| 2026-09-07 20:00 | +0.0030% | 4h |
| 2026-09-07 16:00 | -0.0241% | 4h |
| 2026-09-07 12:00 | +0.0049% | 4h |
| 2026-09-07 08:00 | +0.0050% | 4h |
The cumulative rate sums actual settlements with known periods. Positive totals mean net payment by longs and receipt by shorts; negative totals reverse the direction. If notional value changed, multiplying the current position by this total will not reproduce account cash flows. Historical rates do not predict returns.
What does this rate mean for a 10,000 USDT position?
For MORPHOUSDT, 10,000 USDT of notional × 0.005000% gives 0.5000 USDT over the quoted 4h rate period: longs pay and shorts receive. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.
How do I select the margin tier for MORPHOUSDT?
This table selects tiers by position notional in USDT, not by the amount of margin deposited. The first tier starts at 0 and ends at 25000 USDT. Above that, tier 2 requires 2.5000% maintenance margin.
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 25000 quote | 2.0000% | 25.00x | — |
| 2 | 25000 – 50000 quote | 2.5000% | 20.00x | 125 |
| 3 | 50000 – 75000 quote | 3.0000% | 16.67x | 375 |
| 4 | 75000 – 100000 quote | 3.5000% | 14.29x | 750 |
| 5 | 100000 – 125000 quote | 4.0000% | 12.50x | 1250 |
| 6 | 125000 – 150000 quote | 4.5000% | 11.12x | 1875 |
| 7 | 150000 – 175000 quote | 5.0000% | 10.00x | 2625 |
| 8 | 175000 – 200000 quote | 5.5000% | 9.10x | 3500 |
| 9 | 200000 – 225000 quote | 6.0000% | 8.34x | 4500 |
| 10 | 225000 – 250000 quote | 6.5000% | 7.70x | 5625 |
| 11 | 250000 – 275000 quote | 7.0000% | 7.15x | 6875 |
| 12 | 275000 – 300000 quote | 7.5000% | 6.67x | 8250 |
| 13 | 300000 – 325000 quote | 8.0000% | 6.25x | 9750 |
| 14 | 325000 – 350000 quote | 8.5000% | 5.89x | 11375 |
| 15 | 350000 – 375000 quote | 9.0000% | 5.56x | 13125 |
| 16 | 375000 – 850000 quote | 11.0000% | 4.55x | 20625 |
| 17 | 850000 – 950000 quote | 13.0000% | 3.85x | 37625 |
| 18 | 950000 – 1050000 quote | 15.0000% | 3.34x | 56625 |
| 19 | 1050000 – 1150000 quote | 17.0000% | 2.95x | 77625 |
| 20 | 1150000 – 1250000 quote | 19.0000% | 2.64x | 100625 |
| 21 | 1250000 – 1350000 quote | 21.0000% | 2.39x | 125625 |
| 22 | 1350000 – 1450000 quote | 23.0000% | 2.18x | 152625 |
| 23 | 1450000 – 1550000 quote | 25.0000% | 2.00x | 181625 |
| 24 | 1550000 – 1650000 quote | 27.0000% | 1.86x | 212625 |
| 25 | 1650000 – 1750000 quote | 29.0000% | 1.73x | 245625 |
| 26 | 1750000 – 1850000 quote | 31.0000% | 1.62x | 280625 |
| 27 | 1850000 – 1950000 quote | 33.0000% | 1.52x | 317625 |
| 28 | 1950000 – 2050000 quote | 35.0000% | 1.43x | 356625 |
| 29 | 2050000 – 2150000 quote | 45.0000% | 1.12x | 561625 |
| 30 | 2150000 – ∞ quote | 60.0000% | 1.00x | 884125 |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| OKX | MORPHO-USDT-SWAP | 4h | +4.12% |
| Lighter | MORPHO | 8h | +10.51% |
| Aster | MORPHOUSDT | 4h | +10.95% |
| Binance | MORPHOUSDT | 4h | +10.95% |
| Bitget | MORPHOUSDT | 4h | +10.95% |
| Bybit this page | MORPHOUSDT | 4h | +10.95% |
| Gate | MORPHO_USDT | 4h | +10.95% |
| Hyperliquid | MORPHO | 1h | +10.95% |
Common questions
What is the Bybit MORPHO funding rate?
The latest collected Bybit MORPHO funding rate is +0.0050% per 4h rate period, or +10.95% simple annualised. At this rate longs pay shorts.
How often is funding charged on Bybit MORPHO?
The collected settlement interval is 4h, normally 6 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Bybit MORPHO?
The collected leverage cap for Bybit MORPHO is 25x, with 30 margin tiers shown. The first margin tier, up to 25K USDT, allows 25x; the second allows 20x.
What is the maintenance margin rate on Bybit MORPHO?
The first tier requires 2.0000%, with 30 available tiers. The applicable requirement depends on the position’s tier. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest MORPHO funding cost for longs?
For a long position, OKX currently has the lowest rate at +4.12% annualised; this page's Bybit is at +10.95%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Bybit MORPHO funding paid over the past 30 days?
Settlements over the past 30 days annualise to +0.60% across 49 settlements, 32% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-10-01 00:31 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Bybit official data source · Funding methodology
History coverage for this contract
49 settlements are available, covering 196 known-period hours, from 2026-09-01 04:00 to 2026-09-09 04:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.