Funding you earn now, next payment 08:00 UTC−0.0427%/8h= −46.7% APRpaid last 24h +0.008%
Price spread now: OKX against edgeX−0.134%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.134% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRKUSDC | 149.61 | 0.0427 | pay 0.0213% / 4h | 1h 50m | $788 | $208K | 10x |
| Short | OKX MRK-USDT-SWAP | 149.41 | 0 | get 0.0000% / 8h | 1h 50m | $38K | $35K | 20x |
edgeX MRKUSDC
OKX MRK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$89.65
- Price spread: −0.134% → 0.000%
- −$13.4
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$122.05
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 56 min ago; OKX: 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, 56 min ago | 10.71 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: 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-USDT | −0.0029% | 8h | 149.50 | −0.074% | $41K | $11K | 20x | as long as short |
| Binance MRKUSDT | 0.0000% | 8h | 149.52 | −0.060% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.41 | −0.134% | $123K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAPshort | 0.0000% | 8h | 149.41 | −0.134% | $38K | $35K | 20x | |
| Gate MRK_USDT | 0.0000% | 8h | 149.63 | +0.013% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.60 | −0.007% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.53 | −0.054% | $129K | $16K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.68 | +0.047% | $5K | $349K | 20x | as long as short |
| edgeX MRKUSDClong | +0.0427% | 4h | 149.61 | long leg | $788 | $208K | 10x |
BloFin MRK-USDT
Binance MRKUSDT
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
HTX MRK-USDT