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: Binance against Bitget+0.166%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as 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)−0.193%−$19 · spread now +0.166%, 7d avg +0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 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 | Bitget MRKUSDT | 148.87 | 0 | get 0.0000% / 8h | 5h 14m | $157K | $103K | 20x |
| Short | Binance MRKUSDT | 149.12 | 0 | get 0.0000% / 8h | 5h 14m | $83K | $190K | 20x |
Bitget MRKUSDT
Binance MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.166% → +0.085%
- $8.11
- Slippage, 4 orders
- −$142.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.27
- Costs to cover
- 1.644%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 40 min ago; Binance: live order book, 62 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 Bitget live order book, 40 min ago | 14.44 bp | 78.2 bp −$78 | 103.6 bp −$1,036 | doesn't fit | doesn't fit |
| Sell Binance live order book, 62 min ago | 3.69 bp | 32.5 bp −$32 | 187.6 bp −$1,876 | 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 | +0.119% | $785 | $208K | 10x | as long as short |
| BloFin MRK-USDT | −0.0028% | 8h | 149.24 | +0.249% | $41K | $11K | 20x | as long as short |
| Binance MRKUSDTshort | 0.0000% | 8h | 149.12 | +0.166% | $83K | $190K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 148.93 | +0.040% | $124K | $82K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 148.79 | −0.054% | $36K | $45K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.07 | +0.134% | $85K | $21K | 20x | as long as short |
| Bitget MRKUSDTlong | 0.0000% | 8h | 148.87 | long leg | $157K | $103K | 20x | |
| Phemex MRKUSDT | 0.0000% | 8h | 149.08 | +0.141% | $128K | $18K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.10 | +0.154% | $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