MRK funding rates and arbitrage
Updated 2026-11-11 23:02 UTC
Best MRK arbitrage after every cost
No MRK pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
MRK funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bybit | MRKUSDT | 0.0634% | 8 h | +69.4% | +3.0% | $126.8K | 2026-11-12 00:00 |
| Crypto.com | MRKUSD-PERP | 0.0041% | 1 h | +35.6% | +76.7% | $479 | 2026-11-12 00:00 |
| Binance | MRKUSDT | 0.0221% | 8 h | +24.1% | +1.7% | $89.5K | 2026-11-12 00:00 |
| LBank | MRKUSDT | 0.0199% | 8 h | +21.8% | 0.0% | — | 2026-11-12 00:00 |
| HTX | MRK-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $5.2K | 2026-11-12 00:00 |
| Phemex | MRKUSDT | 0.0000% | 8 h | 0.0% | — | $482.1K | 2026-11-12 00:00 |
| MEXC | MRKSTOCK_USDT | 0.0000% | 8 h | 0.0% | +0.1% | $221.3K | 2026-11-12 00:00 |
| Bitget | MRKUSDT | 0.0000% | 8 h | 0.0% | +0.1% | $351K | 2026-11-12 00:00 |
| OKX | MRK-USDT-SWAP | 0.0000% | 8 h | 0.0% | 0.0% | $137.5K | 2026-11-12 00:00 |
| Gate | MRK_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $68.4K | 2026-11-12 00:00 |
| Bitunix | MRKUSDT | -0.0033% | 8 h | −3.6% | −3.6% | — | 2026-11-12 00:00 |
| BingX | NCSKMRK2USD-USDT | -0.0050% | 8 h | −5.5% | +13.5% | $835.8K | 2026-11-12 00:00 |
Cost to enter $10,000 of MRK
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bybit | MRKUSDT | 7.1 bp | top of book only |
| Bitget | MRKUSDT | 8.7 bp | top of book only |
| OKX | MRK-USDT-SWAP | 11.1 bp * | top of book only |
| Gate | MRK_USDT | 12.6 bp | top of book only |
| Binance | MRKUSDT | 13.1 bp * | top of book only |
| BingX | NCSKMRK2USD-USDT | 13.4 bp | top of book only |
| MEXC | MRKSTOCK_USDT | 20.9 bp | top of book only |
| HTX | MRK-USDT | 113.0 bp * | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is MRK funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no MRK pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest MRK funding rate?
Bybit at +69.4% a year (0.0634% every 8 h); the lowest is BingX at −5.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.