Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRK_USDT | 149.31 | 0 | get 0.0000% / 8h | 2h 36m | $85K | $18K | 20x |
| Short | Binance MRKUSDT | 149.37 | 0 | get 0.0000% / 8h | 2h 36m | $82K | $178K | 20x |
Gate MRK_USDT
Binance MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $0
- Price spread: +0.042% → 0.000%
- $4.23
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.77
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 70 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 Gate no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 70 min ago | 9.73 bp | 31.5 bp −$31 | 125.9 bp −$1,259 | doesn't fit | doesn't fit |
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 MRKUSDTshort | 0.0000% | 8h | 149.37 | +0.042% | $82K | $178K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 149.24 | −0.047% | $124K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.42 | +0.074% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDTlong | 0.0000% | 8h | 149.31 | long leg | $85K | $18K | 20x | |
| Bitget MRKUSDT | 0.0000% | 8h | 149.28 | −0.020% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.52 | +0.141% | $129K | $17K | 20x | as long as short |
| BloFin MRK-USDT | +0.0024% | 8h | 149.37 | +0.040% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 150.28 | +0.650% | $5K | $347K | 20x | as long as short |
| edgeX MRKUSDC | +0.0412% | 4h | 149.29 | −0.016% | $787 | $208K | 10x | as long as short |
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT
edgeX MRKUSDC