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: Bitget against HTX−0.154%7-day average −0.133% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.331%+$33 · spread now −0.154%, 7d avg −0.133%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.022% cheaper against HTX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MRK-USDT | 149.10 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $5K | $346K | 20x |
| Short | Bitget MRKUSDT | 148.87 | 0 | get 0.0000% / 8h | 5h 14m | $157K | $103K | 20x |
HTX MRK-USDT
Bitget MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.154% → −0.133%
- −$2.17
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$47.17
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 48 min ago; Bitget: 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 HTX live order book, 48 min ago | 56.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 40 min ago | 14.44 bp | 32.1 bp −$32 | 35.3 bp −$353 | doesn't fit | doesn't fit |
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 | −0.0600% | 4h | 149.05 | −0.035% | $785 | $208K | 10x | as long as short |
| BloFin MRK-USDT | −0.0028% | 8h | 149.24 | +0.094% | $41K | $11K | 20x | as long as short |
| Binance MRKUSDT | 0.0000% | 8h | 149.11 | +0.010% | $83K | $190K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 148.93 | −0.114% | $124K | $82K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 148.79 | −0.208% | $36K | $45K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.07 | −0.020% | $85K | $21K | 20x | as long as short |
| Bitget MRKUSDTshort | 0.0000% | 8h | 148.87 | −0.154% | $157K | $103K | 20x | |
| Phemex MRKUSDT | 0.0000% | 8h | 149.08 | −0.013% | $128K | $18K | 20x | as long as short |
| HTX MRK-USDTlong | +0.0100% | 8h | 149.10 | long leg | $5K | $346K | 20x |
edgeX MRKUSDC
BloFin MRK-USDT
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Phemex MRKUSDT