Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.094%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.094% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MRK-USDT-SWAP | 149.82 | 0 | get 0.0000% / 8h | 7h 00m | $36K | $38K | 20x |
| Short | Binance MRKUSDT | 149.96 | 0 | get 0.0000% / 8h | 7h 00m | $90K | $189K | 20x |
OKX MRK-USDT-SWAP
Binance MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: +0.094% → 0.000%
- $9.4
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.6
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: OKX: no order-book sample; Binance: live order book, 61 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 OKX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 61 min ago | 12.38 bp | 60.2 bp −$60 | 234.8 bp −$2,348 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRKUSDC | −0.0019% | 4h | 149.79 | −0.022% | $789 | $209K | 10x | as long as short |
| Binance MRKUSDTshort | 0.0000% | 8h | 149.96 | +0.094% | $90K | $189K | 20x | |
| Bybit MRKUSDT | 0.0000% | 8h | 149.79 | −0.020% | $123K | $73K | 25x | as long as short |
| OKX MRK-USDT-SWAPlong | 0.0000% | 8h | 149.82 | long leg | $36K | $38K | 20x | |
| Gate MRK_USDT | 0.0000% | 8h | 149.75 | −0.047% | $85K | $19K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.77 | −0.033% | $160K | $46K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.84 | +0.013% | $131K | $17K | 20x | as long as short |
| BloFin MRK-USDT | 0.0000% | 8h | 149.71 | −0.073% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.69 | −0.087% | $5K | $349K | 20x | as long as short |
edgeX MRKUSDC
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT