Funding you earn now, next payment 12:00 UTC−0.0210%/8h= −23.0% APRpaid last 24h +0.075%
Price spread now: BloFin against edgeX+0.049%7-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
=The price spread pays, funding is against you. BloFin is 0.049% dearer against edgeX than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRKUSDC | 149.47 | 0.0209 | pay 0.0105% / 4h | 3h 28m | $788 | $209K | 10x |
| Short | BloFin MRK-USDT | 149.54 | 0.0000 | pay 0.0000% / 8h | 7h 28m | $42K | $11K | 20x |
edgeX MRKUSDC
BloFin MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against edgeX. 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
- −$44.08
- Price spread: +0.049% → 0.000%
- $4.88
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.2
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 3 min ago; BloFin: 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 edgeX live order book, 3 min ago | 5.69 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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-USDTshort | 0.0000% | 8h | 149.54 | +0.049% | $42K | $11K | 20x | |
| Binance MRKUSDT | 0.0000% | 8h | 149.75 | +0.189% | $80K | $176K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.38 | −0.058% | $123K | $78K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.40 | −0.045% | $36K | $37K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.47 | +0.002% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.34 | −0.085% | $160K | $47K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.63 | +0.109% | $130K | $16K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 150.36 | +0.597% | $5K | $349K | 20x | as long as short |
| edgeX MRKUSDClong | +0.0209% | 4h | 149.47 | long leg | $788 | $209K | 10x |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
HTX MRK-USDT