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: Bybit against Bitget+0.161%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$3163.159% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.161%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.200% dearer against Bitget than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRKUSDT | 149.12 | 0 | get 0.0000% / 8h | 2h 20m | $160K | $48K | 20x |
| Short | Bybit MRKUSDT | 149.36 | 0 | get 0.0000% / 8h | 2h 20m | $124K | $76K | 25x |
Bitget MRKUSDT
Bybit MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.161% → −0.039%
- $19.99
- Slippage, 4 orders
- −$292.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$295.94
- Costs to cover
- 3.159%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; Bybit: live order book, 9 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, 19 min ago | 13.71 bp | 27.0 bp −$27 | 77.6 bp −$776 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 4.69 bp | 159.7 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDC | −0.0673% | 4h | 149.46 | +0.231% | $788 | $208K | 10x | as long as short |
| Binance MRKUSDT | 0.0000% | 8h | 149.61 | +0.328% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDTshort | 0.0000% | 8h | 149.36 | +0.161% | $124K | $76K | 25x | |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.41 | +0.194% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.32 | +0.134% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDTlong | 0.0000% | 8h | 149.12 | long leg | $160K | $48K | 20x | |
| Phemex MRKUSDT | 0.0000% | 8h | 149.50 | +0.255% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDT | +0.0016% | 8h | 149.42 | +0.201% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 150.44 | +0.885% | $5K | $347K | 20x | as long as short |
edgeX MRKUSDC
Binance MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Phemex MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT