Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Gate−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. HTX is 0.060% cheaper against Gate than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRK_USDT | 149.22 | 0 | get 0.0000% / 8h | 4h 18m | $85K | $20K | 20x |
| Short | HTX MRK-USDT | 149.13 | 0.0100 | get 0.0100% / 8h | 4h 18m | $5K | $349K | 20x |
Gate MRK_USDT
HTX MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: −0.060% → 0.000%
- −$6.03
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$12.03
- Costs to cover
- 0.270%
- Break-even
- 11.0 days
Slippage unknown: Gate: no order-book sample; HTX: live order book, 40 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 HTX live order book, 40 min ago | 46.91 bp | doesn't fit | doesn't fit | 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 MRKUSDT | 0.0000% | 8h | 149.30 | +0.056% | $82K | $176K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 148.89 | −0.221% | $124K | $75K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.02 | −0.134% | $36K | $34K | 20x | as long as short |
| Gate MRK_USDTlong | 0.0000% | 8h | 149.22 | long leg | $85K | $20K | 20x | |
| Bitget MRKUSDT | 0.0000% | 8h | 149.08 | −0.094% | $157K | $59K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.46 | +0.161% | $129K | $17K | 20x | as long as short |
| BloFin MRK-USDT | +0.0025% | 8h | 149.07 | −0.101% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDTshort | +0.0100% | 8h | 149.13 | −0.060% | $5K | $349K | 20x | |
| edgeX MRKUSDC | +0.0352% | 4h | 149.16 | −0.039% | $786 | $207K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
edgeX MRKUSDC