Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 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: Phemex is 0.033% 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRK_USDT | 149.53 | 0 | get 0.0000% / 8h | 4h 08m | $85K | $19K | 20x |
| Short | Phemex MRKUSDT | 149.48 | 0 | get 0.0000% / 8h | 4h 08m | $131K | $18K | 20x |
Gate MRK_USDT
Phemex MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.033% → 0.000%
- −$3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$30.34
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Phemex: live order book, 32 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 Phemex live order book, 32 min ago | 4.01 bp | 36.4 bp −$36 | 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 exchanges
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 | 149.56 | +0.020% | $89K | $199K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.53 | 0.000% | $123K | $56K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.77 | +0.161% | $43K | $55K | 10x | as long as short |
| Gate MRK_USDTlong | 0.0000% | 8h | 149.53 | long leg | $85K | $19K | 20x | |
| Bitget MRKUSDT | 0.0000% | 8h | 149.55 | +0.013% | $159K | $45K | 20x | as long as short |
| Phemex MRKUSDTshort | 0.0000% | 8h | 149.48 | −0.033% | $131K | $18K | 20x | |
| BloFin MRK-USDT | +0.0012% | 8h | 149.64 | +0.074% | $42K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.82 | +0.194% | $5K | $341K | 20x | as long as short |
| edgeX MRKUSDC | +0.0203% | 4h | 149.63 | +0.064% | $789 | $209K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Bitget MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT
edgeX MRKUSDC