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: Gate against HTX−0.380%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.219%−$22 on $10k
+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 −$3 a day on $10k at the current rate, and Gate is 0.380% cheaper against HTX than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MRK-USDT | 150.06 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $5K | $348K | 20x |
| Short | Gate MRK_USDT | 149.49 | 0 | get 0.0000% / 8h | 1h 58m | $85K | $18K | 20x |
HTX MRK-USDT
Gate MRK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.380% → 0.000%
- −$37.98
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$85.98
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 49 min ago; Gate: 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, 49 min ago | 51.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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 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 | 149.51 | −0.367% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.21 | −0.566% | $123K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAP | 0.0000% | 8h | 149.41 | −0.433% | $38K | $35K | 20x | as long as short |
| Gate MRK_USDTshort | 0.0000% | 8h | 149.49 | −0.380% | $85K | $18K | 20x | |
| Bitget MRKUSDT | 0.0000% | 8h | 149.25 | −0.540% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.40 | −0.440% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDT | +0.0003% | 8h | 149.73 | −0.220% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDTlong | +0.0100% | 8h | 150.06 | long leg | $5K | $348K | 20x | |
| edgeX MRKUSDC | +0.0395% | 4h | 149.62 | −0.296% | $788 | $209K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
OKX MRK-USDT-SWAP
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
edgeX MRKUSDC