Funding you earn now, next payment 16:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bitget+0.214%85s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.214% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 85 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 | Bitget MRKUSDT | 149.55 | 0 | get 0.0000% / 8h | 4h 09m | $159K | $45K | 20x |
| Short | BloFin MRK-USDT | 149.87 | 0.0027 | get 0.0027% / 8h | 4h 09m | $42K | $11K | 20x |
Bitget MRKUSDT
BloFin MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.58
- Price spread: +0.214% → 0.000%
- $21.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $2.98
- Costs to cover
- 0.240%
- Break-even
- 3.3 days
Slippage unknown: Bitget: live order book, 23 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 Bitget live order book, 23 min ago | 32.76 bp | 54.2 bp −$54 | 122.4 bp −$1,224 | 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 MRKUSDT | 0.0000% | 8h | 149.58 | +0.018% | $89K | $199K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.36 | −0.127% | $123K | $56K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.77 | +0.147% | $43K | $55K | 10x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.56 | +0.007% | $85K | $19K | 20x | as long as short |
| Bitget MRKUSDTlong | 0.0000% | 8h | 149.55 | long leg | $159K | $45K | 20x | |
| Phemex MRKUSDT | 0.0000% | 8h | 149.48 | −0.047% | $131K | $18K | 20x | as long as short |
| BloFin MRK-USDTshort | +0.0027% | 8h | 149.87 | +0.214% | $42K | $11K | 20x | |
| HTX MRK-USDT | +0.0100% | 8h | 150.00 | +0.301% | $5K | $341K | 20x | as long as short |
| edgeX MRKUSDC | +0.0203% | 4h | 149.63 | +0.051% | $789 | $209K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Phemex MRKUSDT
HTX MRK-USDT
edgeX MRKUSDC