Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.481%7-day average +0.165% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 3 days (all we have)−0.502%−$50 · spread now +0.481%, 7d avg +0.165%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.316% dearer against Bybit than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRKUSDT | 149.61 | 0 | get 0.0000% / 8h | 17m 06s | $124K | $80K | 25x |
| Short | HTX MRK-USDT | 150.33 | 0.0100 | get 0.0100% / 8h | 17m 06s | $5K | $343K | 20x |
Bybit MRKUSDT
HTX MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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: +0.481% → +0.165%
- $31.65
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $29.65
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 43 min ago; HTX: live order book, 60 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 Bybit live order book, 43 min ago | 5.00 bp | 29.4 bp −$29 | 1127.7 bp −$11.3K | doesn't fit | doesn't fit |
| Sell HTX live order book, 60 min ago | 64.14 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDC | −0.0995% | 4h | 149.72 | +0.071% | $719 | $208K | 10x | as long as short |
| BloFin MRK-USDT | −0.0021% | 8h | 149.69 | +0.053% | $41K | $10K | 20x | as long as short |
| Binance MRKUSDT | 0.0000% | 8h | 149.75 | +0.094% | $86K | $191K | 20x | as long as short |
| Bybit MRKUSDTlong | 0.0000% | 8h | 149.61 | long leg | $124K | $80K | 25x | |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.95 | +0.227% | $32K | $40K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.79 | +0.120% | $85K | $23K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.59 | −0.013% | $165K | $115K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.58 | −0.020% | $128K | $18K | 20x | as long as short |
| HTX MRK-USDTshort | +0.0100% | 8h | 150.33 | +0.481% | $5K | $343K | 20x |
edgeX MRKUSDC
BloFin MRK-USDT
Binance MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT