Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: Phemex against BloFin+0.013%59s7-day average — · you sell dearer than you buy
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MRK-USDT | 149.52 | −0.0005 | get 0.0005% / 8h | 12m 01s | $41K | $11K | 20x |
| Short | Phemex MRKUSDT | 149.54 | 0 | get 0.0000% / 8h | 12m 01s | $129K | $16K | 20x |
BloFin MRK-USDT
Phemex MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0.95
- Price spread: +0.013% → 0.000%
- $1.34
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$21.71
- Costs to cover
- 0.240%
- Break-even
- 166.8 days
Slippage unknown: BloFin: no order-book sample; Phemex: live order book, 25 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 Phemex live order book, 25 min ago | 10.35 bp | 44.8 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRK-USDTlong | −0.0005% | 8h | 149.52 | long leg | $41K | $11K | 20x | |
| Binance MRKUSDT | 0.0000% | 8h | 149.52 | 0.000% | $81K | $180K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.25 | −0.181% | $123K | $77K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.50 | −0.013% | $37K | $37K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.57 | +0.033% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.51 | −0.007% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDTshort | 0.0000% | 8h | 149.54 | +0.013% | $129K | $16K | 20x | |
| HTX MRK-USDT | +0.0100% | 8h | 149.96 | +0.294% | $5K | $349K | 20x | as long as short |
| edgeX MRKUSDC | +0.0112% | 4h | 149.58 | +0.043% | $788 | $209K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
HTX MRK-USDT
edgeX MRKUSDC