Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate−0.027%78s7-day average — · you buy dearer than you sell
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
=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: BloFin is 0.027% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 78 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 | Gate MRK_USDT | 149.05 | 0 | get 0.0000% / 8h | 3h 29m | $84K | $18K | 20x |
| Short | BloFin MRK-USDT | 149.01 | −0.0008 | pay 0.0008% / 8h | 3h 29m | $41K | $11K | 20x |
Gate MRK_USDT
BloFin MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.66
- Price spread: −0.027% → 0.000%
- −$2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.34
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; 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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Gate and 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDC | −0.0662% | 4h | 149.14 | +0.064% | $786 | $209K | 10x | as long as short |
| BloFin MRK-USDTshort | −0.0008% | 8h | 149.01 | −0.027% | $41K | $11K | 20x | |
| Binance MRKUSDT | 0.0000% | 8h | 149.05 | +0.002% | $83K | $178K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.07 | +0.013% | $124K | $74K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 148.97 | −0.054% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDTlong | 0.0000% | 8h | 149.05 | long leg | $84K | $18K | 20x | |
| Bitget MRKUSDT | 0.0000% | 8h | 149.01 | −0.027% | $159K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.15 | +0.067% | $128K | $17K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.33 | +0.188% | $5K | $347K | 20x | as long as short |
edgeX MRKUSDC
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Bitget MRKUSDT
Phemex MRKUSDT
HTX MRK-USDT