Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.032%
Price spread now: BloFin against HTX−0.047%59s7-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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.047% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | HTX MRK-USDT | 149.59 | 0.0100 | pay 0.0100% / 8h | 21m 41s | $5K | $348K | 20x |
| Short | BloFin MRK-USDT | 149.52 | 0.0026 | get 0.0026% / 8h | 21m 41s | $41K | $11K | 20x |
HTX MRK-USDT
BloFin MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$15.58
- Price spread: −0.047% → 0.000%
- −$4.68
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.26
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 16 min ago; 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 HTX live order book, 16 min ago | 81.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MRKUSDT | 0.0000% | 8h | 149.60 | +0.006% | $81K | $181K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.25 | −0.227% | $123K | $77K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.49 | −0.067% | $37K | $37K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.51 | −0.053% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.61 | +0.013% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.52 | −0.047% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDTshort | +0.0026% | 8h | 149.52 | −0.047% | $41K | $11K | 20x | |
| HTX MRK-USDTlong | +0.0100% | 8h | 149.59 | long leg | $5K | $348K | 20x | |
| edgeX MRKUSDC | +0.0209% | 4h | 149.54 | −0.035% | $788 | $208K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
edgeX MRKUSDC