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: HTX against OKX+0.208%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.208% dearer against OKX than usual: you sell high and buy low: +$21 more if the spread 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 | 149.27 | 0 | get 0.0000% / 8h | 4h 13m | $36K | $34K | 20x |
| Short | HTX MRK-USDT | 149.58 | 0.0100 | get 0.0100% / 8h | 4h 13m | $5K | $349K | 20x |
OKX MRK-USDT-SWAP
HTX MRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.208% → 0.000%
- $20.77
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $19.77
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: OKX: no order-book sample; HTX: live order book, 44 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 HTX live order book, 44 min ago | 46.91 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MRKUSDT | 0.0000% | 8h | 149.08 | −0.127% | $81K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 148.88 | −0.261% | $124K | $75K | 25x | as long as short |
| OKX MRK-USDT-SWAPlong | 0.0000% | 8h | 149.27 | long leg | $36K | $34K | 20x | |
| Gate MRK_USDT | 0.0000% | 8h | 149.26 | −0.007% | $85K | $20K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 148.89 | −0.255% | $157K | $59K | 20x | as long as short |
| Phemex MRKUSDT | 0.0000% | 8h | 149.07 | −0.134% | $128K | $17K | 20x | as long as short |
| BloFin MRK-USDT | +0.0009% | 8h | 149.40 | +0.087% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDTshort | +0.0100% | 8h | 149.58 | +0.208% | $5K | $349K | 20x | |
| edgeX MRKUSDC | +0.0632% | 4h | 149.27 | +0.001% | $787 | $209K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
Phemex MRKUSDT
BloFin MRK-USDT
edgeX MRKUSDC