Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against BloFin−0.327%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
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.327% cheaper against BloFin than usual: you would sell low and buy high, −$33 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MRK-USDT | 149.98 | 0.0001 | pay 0.0001% / 8h | 50m 40s | $41K | $11K | 20x |
| Short | OKX MRK-USDT-SWAP | 149.49 | 0 | get 0.0000% / 8h | 50m 40s | $37K | $37K | 20x |
BloFin MRK-USDT
OKX MRK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$0.3
- Price spread: −0.327% → 0.000%
- −$32.67
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.98
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: 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 BloFin no order-book sample | — | — | — | — | — |
| Sell OKX no order-book sample | — | — | — | — | — |
BloFin and OKX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MRKUSDT | 0.0000% | 8h | 149.82 | −0.105% | $80K | $181K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.85 | −0.087% | $124K | $77K | 25x | as long as short |
| OKX MRK-USDT-SWAPshort | 0.0000% | 8h | 149.49 | −0.327% | $37K | $37K | 20x | |
| Gate MRK_USDT | 0.0000% | 8h | 149.75 | −0.153% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.71 | −0.180% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.85 | −0.087% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDTlong | +0.0001% | 8h | 149.98 | long leg | $41K | $11K | 20x | |
| HTX MRK-USDT | +0.0100% | 8h | 150.36 | +0.253% | $5K | $349K | 20x | as long as short |
| edgeX MRKUSDC | +0.0635% | 4h | 149.87 | −0.076% | $790 | $208K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
HTX MRK-USDT
edgeX MRKUSDC