Funding you earn now, next payment 08:00 UTC−0.0351%/8h= −38.4% APRpaid last 24h −0.008%
Price spread now: edgeX against OKX+0.126%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
=The price spread pays, funding is against you. edgeX is 0.126% dearer against OKX than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MRK-USDT-SWAP | 149.41 | 0 | get 0.0000% / 8h | 2h 11m | $38K | $35K | 20x |
| Short | edgeX MRKUSDC | 149.60 | −0.0351 | pay 0.0175% / 4h | 2h 11m | $788 | $207K | 10x |
OKX MRK-USDT-SWAP
edgeX MRKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$73.63
- Price spread: +0.126% → 0.000%
- $12.6
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$80.02
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: OKX: no order-book sample; edgeX: live order book, 35 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 edgeX live order book, 35 min ago | 10.71 bp | 34.8 bp −$35 | doesn't fit | 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 MRKUSDCshort | −0.0351% | 4h | 149.60 | +0.126% | $788 | $207K | 10x | |
| Binance MRKUSDT | 0.0000% | 8h | 149.51 | +0.067% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.37 | −0.027% | $124K | $76K | 25x | as long as short |
| OKX MRK-USDT-SWAPlong | 0.0000% | 8h | 149.41 | long leg | $38K | $35K | 20x | |
| Gate MRK_USDT | 0.0000% | 8h | 149.64 | +0.154% | $86K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.20 | −0.141% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.61 | +0.134% | $129K | $16K | 20x | as long as short |
| BloFin MRK-USDT | +0.0026% | 8h | 149.74 | +0.221% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.35 | −0.040% | $5K | $347K | 20x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT