Funding you earn now, next payment 08:00 UTC−0.0988%/8h= −108.2% APRpaid last 24h −0.038%
Price spread now: edgeX against HTX−0.366%7-day average −0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.366%, 7d avg −0.104%
=Together, before fees+0.514%+ Points / potential airdropedgeX: Active · farm board+$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and edgeX is 0.262% cheaper against HTX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MRK-USDT | 150.16 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $5K | $349K | 20x |
| Short | edgeX MRKUSDC | 149.61 | −0.0888 | pay 0.0444% / 4h | 1h 57m | $788 | $207K | 10x |
HTX MRK-USDT
edgeX MRKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$207.57
- Price spread: −0.366% → −0.104%
- −$26.22
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$254.79
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 50 min ago; edgeX: live order book, 49 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, 50 min ago | 51.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 49 min ago | 10.71 bp | 34.8 bp −$35 | doesn't fit | 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 MRKUSDCshort | −0.0888% | 4h | 149.61 | −0.366% | $788 | $207K | 10x | |
| Binance MRKUSDT | 0.0000% | 8h | 149.64 | −0.349% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.41 | −0.499% | $123K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.41 | −0.499% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDT | 0.0000% | 8h | 149.78 | −0.253% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.54 | −0.413% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.39 | −0.513% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDT | +0.0003% | 8h | 149.73 | −0.286% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDTlong | +0.0100% | 8h | 150.16 | long leg | $5K | $349K | 20x |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT