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 Bitget+0.301%7-day average +0.143% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.387%−$39 · spread now +0.301%, 7d avg +0.143%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.158% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRKUSDT | 149.55 | 0 | get 0.0000% / 8h | 19m 40s | $160K | $48K | 20x |
| Short | HTX MRK-USDT | 150.00 | 0.0100 | get 0.0100% / 8h | 19m 40s | $5K | $348K | 20x |
Bitget MRKUSDT
HTX MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.301% → +0.143%
- $15.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $12.84
- Costs to cover
- 0.240%
- Break-even
- 2.7 days
Slippage unknown: Bitget: live order book, 10 min ago; HTX: live order book, 18 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 Bitget live order book, 10 min ago | 4.67 bp | 33.9 bp −$34 | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell HTX live order book, 18 min ago | 81.64 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRK-USDT | −0.0028% | 8h | 149.51 | −0.027% | $41K | $11K | 20x | as long as short |
| Binance MRKUSDT | 0.0000% | 8h | 149.63 | +0.054% | $81K | $181K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.42 | −0.087% | $123K | $77K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.49 | −0.040% | $37K | $37K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.51 | −0.027% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDTlong | 0.0000% | 8h | 149.55 | long leg | $160K | $48K | 20x | |
| Phemex MRKUSDT | 0.0000% | 8h | 149.53 | −0.013% | $129K | $16K | 20x | as long as short |
| HTX MRK-USDTshort | +0.0100% | 8h | 150.00 | +0.301% | $5K | $348K | 20x | |
| edgeX MRKUSDC | +0.0956% | 4h | 149.52 | −0.018% | $788 | $208K | 10x | as long as short |
BloFin MRK-USDT
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Phemex MRKUSDT
edgeX MRKUSDC