Funding you earn now, next payment 08:00 UTC−0.0376%/8h= −41.2% APRpaid last 24h −0.006%
Price spread now: edgeX against BloFin−0.095%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.095% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MRK-USDT | 149.74 | 0.0026 | pay 0.0026% / 8h | 2h 11m | $41K | $11K | 20x |
| Short | edgeX MRKUSDC | 149.60 | −0.0351 | pay 0.0175% / 4h | 2h 11m | $788 | $207K | 10x |
BloFin MRK-USDT
edgeX MRKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$79.02
- Price spread: −0.095% → 0.000%
- −$9.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$109.48
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; edgeX: live order book, 35 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 BloFin no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 35 min ago | 10.71 bp | 34.8 bp −$35 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDCshort | −0.0351% | 4h | 149.60 | −0.095% | $788 | $207K | 10x | |
| Binance MRKUSDT | 0.0000% | 8h | 149.51 | −0.154% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.37 | −0.247% | $124K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.41 | −0.220% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.64 | −0.067% | $86K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.20 | −0.361% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.61 | −0.087% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDTlong | +0.0026% | 8h | 149.74 | long leg | $41K | $11K | 20x | |
| HTX MRK-USDT | +0.0100% | 8h | 149.35 | −0.260% | $5K | $347K | 20x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
HTX MRK-USDT