Settings8H · net · $10k
Funding arb · Price arb /

MRK

RWAall MRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX+0.060%73s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MRK-USDT-SWAP149.500get 0.0000% / 8h16m 05s$37K$37K20x
ShortBloFin MRK-USDT149.590.0000pay 0.0000% / 8h16m 05s$41K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.04
Price spread: +0.060% → 0.000%
$6.02
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$16.02
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX no order-book sample
Sell BloFin no order-book sample
OKX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRK-USDTshort0.0000%8h149.59+0.060%$41K$11K20x
Binance MRKUSDT0.0000%8h149.65+0.100%$81K$181K20xas long as short
Bybit MRKUSDT0.0000%8h149.45−0.033%$123K$77K25xas long as short
OKX MRK-USDT-SWAPlong0.0000%8h149.50long leg$37K$37K20x
Gate MRK_USDT0.0000%8h149.51+0.007%$85K$18K20xas long as short
Bitget MRKUSDT0.0000%8h149.51+0.007%$160K$48K20xas long as short
Phemex MRKUSDT0.0000%8h149.63+0.087%$129K$16K20xas long as short
HTX MRK-USDT+0.0100%8h149.85+0.234%$5K$349K20xas long as short
edgeX MRKUSDC+0.0854%4h149.52+0.015%$788$209K10xas long as short