Settings8H · net · $10k
Funding arb · Price arb /

MRK

RWAall MRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.26 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin+0.060%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bitget is 0.060% dearer against BloFin than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRK-USDT149.520.0026pay 0.0026% / 8h22m 54s$41K$11K20x
ShortBitget MRKUSDT149.610get 0.0000% / 8h22m 54s$160K$48K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.42
Price spread: +0.060% → 0.000%
$6.02
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.4
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Bitget live order book, 7 min ago4.67 bp57.8 bp −$5869.3 bp −$693doesn't fitdoesn't fit
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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MRKUSDT0.0000%8h149.520.000%$81K$181K20xas long as short
Bybit MRKUSDT0.0000%8h149.37−0.100%$123K$77K25xas long as short
OKX MRK-USDT-SWAP0.0000%8h149.49−0.020%$37K$37K20xas long as short
Gate MRK_USDT0.0000%8h149.53+0.007%$85K$18K20xas long as short
Bitget MRKUSDTshort0.0000%8h149.61+0.060%$160K$48K20x
Phemex MRKUSDT0.0000%8h149.520.000%$129K$16K20xas long as short
BloFin MRK-USDTlong+0.0026%8h149.52long leg$41K$11K20x
HTX MRK-USDT+0.0100%8h149.94+0.281%$5K$349K20xas long as short
edgeX MRKUSDC+0.0209%4h149.54+0.011%$788$208K10xas long as short