Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance−0.041%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 2 days (all we have)+0.034%+$3 · spread now −0.041%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRKUSDT | 149.82 | 0 | get 0.0000% / 8h | 5h 56m | $89K | $194K | 20x |
| Short | Phemex MRKUSDT | 149.76 | 0 | get 0.0000% / 8h | 5h 56m | $131K | $18K | 20x |
Binance MRKUSDT
Phemex MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.041% → −0.027%
- −$1.38
- Slippage, 4 orders
- −$123.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$146.68
- Costs to cover
- 1.453%
- Break-even
- never at this rate
Slippage from Binance: live order book, 42 min ago; Phemex: live order book, 53 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, 42 min ago | 9.01 bp | 31.3 bp −$31 | 165.0 bp −$1,650 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 53 min ago | 6.34 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
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 | 149.82 | long leg | $89K | $194K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 149.77 | −0.034% | $124K | $66K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 150.38 | +0.373% | $43K | $54K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.81 | −0.007% | $85K | $19K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.70 | −0.081% | $160K | $47K | 20x | as long as short |
| Phemex MRKUSDTshort | 0.0000% | 8h | 149.76 | −0.041% | $131K | $18K | 20x | |
| BloFin MRK-USDT | +0.0012% | 8h | 149.76 | −0.041% | $42K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.83 | +0.006% | $5K | $346K | 20x | as long as short |
| edgeX MRKUSDC | +0.0487% | 4h | 149.82 | −0.002% | $790 | $210K | 10x | as long as short |
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT
edgeX MRKUSDC