Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.098%101s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.098% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRKUSDT | 149.76 | 0 | get 0.0000% / 8h | 6h 05m | $89K | $194K | 20x |
| Short | BloFin MRK-USDT | 149.91 | 0.0005 | get 0.0005% / 8h | 6h 05m | $42K | $11K | 20x |
Binance MRKUSDT
BloFin MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.12
- Price spread: +0.098% → 0.000%
- $9.82
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.06
- Costs to cover
- 0.220%
- Break-even
- 76.2 days
Slippage unknown: Binance: live order book, 34 min ago; BloFin: no order-book sample. Net counts fees only.
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, 34 min ago | 9.01 bp | 31.3 bp −$31 | 165.0 bp −$1,650 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MRK on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MRKUSDTlong | 0.0000% | 8h | 149.76 | long leg | $89K | $194K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 149.63 | −0.089% | $123K | $70K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 150.12 | +0.238% | $43K | $54K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.82 | +0.038% | $85K | $19K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.64 | −0.082% | $160K | $46K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.77 | +0.005% | $131K | $18K | 20x | as long as short |
| BloFin MRK-USDTshort | +0.0005% | 8h | 149.91 | +0.098% | $42K | $11K | 20x | |
| edgeX MRKUSDC | +0.0067% | 4h | 149.83 | +0.048% | $790 | $209K | 10x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 150.39 | +0.419% | $5K | $346K | 20x | as long as short |
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
edgeX MRKUSDC
HTX MRK-USDT