Funding you earn now, next payment 08:00 UTC−0.0412%/8h= −45.2% APRpaid last 24h +0.008%
Price spread now: Gate against edgeX−0.011%82s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.251%−$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.251% in total (about -13.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRKUSDC | 149.29 | 0.0412 | pay 0.0206% / 4h | 2h 36m | $787 | $208K | 10x |
| Short | Gate MRK_USDT | 149.27 | 0 | get 0.0000% / 8h | 2h 36m | $85K | $18K | 20x |
edgeX MRKUSDC
Gate MRK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$86.61
- Price spread: −0.011% → 0.000%
- −$1.05
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$111.66
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 11 min ago; Gate: 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, 11 min ago | 10.71 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 | 149.36 | +0.047% | $82K | $178K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.26 | −0.017% | $124K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.42 | +0.090% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDTshort | 0.0000% | 8h | 149.27 | −0.011% | $85K | $18K | 20x | |
| Bitget MRKUSDT | 0.0000% | 8h | 149.28 | −0.004% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.37 | +0.056% | $129K | $17K | 20x | as long as short |
| BloFin MRK-USDT | +0.0024% | 8h | 149.37 | +0.056% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 150.38 | +0.733% | $5K | $347K | 20x | as long as short |
| edgeX MRKUSDClong | +0.0412% | 4h | 149.29 | long leg | $787 | $208K | 10x |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT