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: OKX against HTX−0.234%7-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 −$3 a day on $10k at the current rate, and OKX is 0.234% cheaper against HTX than usual: you would sell low and buy high (−$23 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 | 149.49 | 0.0100 | pay 0.0100% / 8h | 5h 09m | $5K | $347K | 20x |
| Short | OKX MRK-USDT-SWAP | 149.14 | 0 | get 0.0000% / 8h | 5h 09m | $36K | $45K | 20x |
HTX MRK-USDT
OKX MRK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.234% → 0.000%
- −$23.41
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.41
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 53 min ago; OKX: 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, 53 min ago | 56.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRK-USDT | −0.0015% | 8h | 149.10 | −0.261% | $41K | $11K | 20x | as long as short |
| Binance MRKUSDT | 0.0000% | 8h | 149.14 | −0.234% | $83K | $190K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 148.84 | −0.435% | $124K | $82K | 25x | as long as short |
| OKX MRK-USDT-SWAPshort | 0.0000% | 8h | 149.14 | −0.234% | $36K | $45K | 20x | |
| Gate MRK_USDT | 0.0000% | 8h | 149.03 | −0.308% | $84K | $21K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 148.90 | −0.395% | $157K | $103K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.15 | −0.227% | $128K | $18K | 20x | as long as short |
| edgeX MRKUSDC | +0.0033% | 4h | 149.08 | −0.275% | $786 | $207K | 10x | as long as short |
| HTX MRK-USDTlong | +0.0100% | 8h | 149.49 | long leg | $5K | $347K | 20x |
BloFin MRK-USDT
Binance MRKUSDT
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
edgeX MRKUSDC