Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against HTX−0.145%7-day average −0.260% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 2 days (all we have)−0.119%−$12 · spread now −0.145%, 7d avg −0.260%
=The price spread pays, funding is against you. Binance is 0.115% dearer against HTX than usual: you sell high and buy low (spread −0.145% now, against its 7-day average of −0.260%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.087% in total) that is about 9.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MRK-USDT | 149.77 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $5K | $347K | 20x |
| Short | Binance MRKUSDT | 149.55 | 0 | get 0.0000% / 8h | 6h 21m | $90K | $189K | 20x |
HTX MRK-USDT
Binance MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: −0.145% → −0.260%
- $11.54
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.46
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 29 min ago; Binance: live order book, 18 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 HTX live order book, 29 min ago | 33.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 18 min ago | 9.01 bp | 28.1 bp −$28 | 158.0 bp −$1,580 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDC | −0.0784% | 4h | 149.63 | −0.093% | $789 | $208K | 10x | as long as short |
| Binance MRKUSDTshort | 0.0000% | 8h | 149.55 | −0.145% | $90K | $189K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 149.53 | −0.160% | $123K | $69K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.63 | −0.093% | $36K | $38K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.61 | −0.107% | $85K | $19K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.55 | −0.147% | $160K | $46K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.59 | −0.120% | $131K | $18K | 20x | as long as short |
| BloFin MRK-USDT | +0.0015% | 8h | 149.54 | −0.154% | $42K | $11K | 20x | as long as short |
| HTX MRK-USDTlong | +0.0100% | 8h | 149.77 | long leg | $5K | $347K | 20x |
edgeX MRKUSDC
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT