Settings8H · net · $10k
Funding arb · Price arb /

MRK

RWAall MRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.038%
Price spread now: HTX against edgeX+0.303%7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.392%−$39 · spread now +0.303%, 7d avg +0.104%
Together, before fees−0.424%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.199% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRKUSDC148.94−0.0039get 0.0020% / 4h3h 19m$785$208K10x
ShortHTX MRK-USDT149.390.0100get 0.0100% / 8h3h 19m$5K$348K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$29.24
Price spread: +0.303% → +0.104%
$19.91
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
$28.15
Costs to cover
0.210%
Break-even
0.3 days
Slippage unknown: edgeX: live order book, 33 min ago; HTX: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 33 min ago11.07 bp26.4 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 33 min ago54.19 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MRK on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRKUSDClong−0.0039%4h148.94long leg$785$208K10x
Binance MRKUSDT0.0000%8h148.98+0.025%$83K$178K20xas long as short
Bybit MRKUSDT0.0000%8h148.97+0.021%$124K$74K25xas long as short
OKX MRK-USDT-SWAP0.0000%8h148.94+0.001%$38K$35K20xas long as short
Gate MRK_USDT0.0000%8h148.91−0.019%$84K$18K20xas long as short
Bitget MRKUSDT0.0000%8h148.97+0.021%$159K$48K20xas long as short
Phemex MRKUSDT0.0000%8h148.87−0.046%$128K$17K20xas long as short
BloFin MRK-USDT+0.0015%8h148.99+0.034%$41K$11K20xas long as short
HTX MRK-USDTshort+0.0100%8h149.39+0.303%$5K$348K20x