Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.201%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: Phemex is 0.201% dearer against OKX than usual: you sell high and buy low, +$20 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 | 149.41 | 0 | get 0.0000% / 8h | 1h 48m | $38K | $35K | 20x |
| Short | Phemex MRKUSDT | 149.71 | 0 | get 0.0000% / 8h | 1h 48m | $129K | $16K | 20x |
OKX MRK-USDT-SWAP
Phemex MRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.201% → 0.000%
- $20.08
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$1.92
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: no order-book sample; Phemex: live order book, 59 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 Phemex live order book, 59 min ago | 3.68 bp | 41.6 bp −$42 | 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 | 149.52 | +0.074% | $82K | $179K | 20x | as long as short |
| Bybit MRKUSDT | 0.0000% | 8h | 149.41 | 0.000% | $123K | $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 | 149.63 | +0.147% | $85K | $18K | 20x | as long as short |
| Bitget MRKUSDT | 0.0000% | 8h | 149.60 | +0.127% | $160K | $48K | 20x | as long as short |
| Phemex MRKUSDTshort | 0.0000% | 8h | 149.71 | +0.201% | $129K | $16K | 20x | |
| BloFin MRK-USDT | +0.0023% | 8h | 149.50 | +0.060% | $41K | $11K | 20x | as long as short |
| HTX MRK-USDT | +0.0100% | 8h | 149.99 | +0.388% | $5K | $349K | 20x | as long as short |
| edgeX MRKUSDC | +0.0427% | 4h | 149.61 | +0.134% | $788 | $208K | 10x | as long as short |
Binance MRKUSDT
Bybit MRKUSDT
Gate MRK_USDT
Bitget MRKUSDT
BloFin MRK-USDT
HTX MRK-USDT
edgeX MRKUSDC