Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Binance−0.332%7-day average +0.278% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 2 days (all we have)+0.648%+$65 · spread now −0.332%, 7d avg +0.278%
=Funding pays, the price is against you. HTX is 0.610% cheaper against Binance than usual: you would sell low and buy high (spread −0.332% now, against its 7-day average of +0.278%). If the spread goes back, that is −$61 on $10k: about 20 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.087% in total) that is about 49 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRKUSDT | 149.84 | 0 | get 0.0000% / 8h | 52m 25s | $81K | $181K | 20x |
| Short | HTX MRK-USDT | 149.34 | 0.0100 | get 0.0100% / 8h | 52m 25s | $5K | $349K | 20x |
Binance MRKUSDT
HTX MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: −0.332% → +0.278%
- −$60.99
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$61.99
- Costs to cover
- 0.220%
- Break-even
- 27.7 days
Slippage unknown: Binance: live order book, 24 min ago; HTX: live order book, 50 min ago. 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, 24 min ago | 3.33 bp | 25.2 bp −$25 | 180.9 bp −$1,809 | doesn't fit | doesn't fit |
| Sell HTX live order book, 50 min ago | 18.39 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MRKUSDTlong | 0.0000% | 8h | 149.84 | long leg | $81K | $181K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 149.85 | +0.008% | $124K | $77K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.62 | −0.145% | $37K | $37K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.75 | −0.059% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.71 | −0.085% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.84 | +0.002% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDT | +0.0023% | 8h | 149.83 | −0.005% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDTshort | +0.0100% | 8h | 149.34 | −0.332% | $5K | $349K | 20x | |
| edgeX MRKUSDC | +0.0788% | 4h | 149.74 | −0.067% | $789 | $208K | 10x | as long as short |
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
edgeX MRKUSDC