Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.173%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 2 days (all we have)+0.200%+$20 · spread now −0.173%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.088% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRKUSDT | 149.13 | 0 | get 0.0000% / 8h | 5h 13m | $83K | $190K | 20x |
| Short | Bitget MRKUSDT | 148.87 | 0 | get 0.0000% / 8h | 5h 13m | $157K | $103K | 20x |
Binance MRKUSDT
Bitget MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.173% → −0.085%
- −$8.82
- Slippage, 4 orders
- −$142.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$173.19
- Costs to cover
- 1.644%
- Break-even
- never at this rate
Slippage from Binance: live order book, 63 min ago; Bitget: live order book, 41 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 63 min ago | 3.69 bp | 21.6 bp −$22 | 172.4 bp −$1,724 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 41 min ago | 14.44 bp | 32.1 bp −$32 | 35.3 bp −$353 | doesn't fit | doesn't fit |
MRK on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDC | −0.0600% | 4h | 149.05 | −0.054% | $785 | $208K | 10x | as long as short |
| BloFin MRK-USDT | −0.0028% | 8h | 149.24 | +0.075% | $41K | $11K | 20x | as long as short |
| Binance MRKUSDTlong | 0.0000% | 8h | 149.13 | long leg | $83K | $190K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 148.92 | −0.139% | $124K | $82K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 148.79 | −0.227% | $36K | $45K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.06 | −0.045% | $85K | $21K | 20x | as long as short |
| Bitget MRKUSDTshort | 0.0000% | 8h | 148.87 | −0.173% | $157K | $103K | 20x | |
| Phemex MRKUSDT | 0.0000% | 8h | 149.07 | −0.039% | $128K | $18K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.35 | +0.149% | $5K | $346K | 20x | as long as short |
edgeX MRKUSDC
BloFin MRK-USDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Phemex MRKUSDT
HTX MRK-USDT