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

MELI

RWAall MELI 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 0.000%
Price spread now: HTX against Bitget−0.055%7-day average −0.136% · you buy dearer than you sell
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 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.055%, 7d avg −0.136%
Together, before fees+0.066%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MELIUSDT1,824.30get 0.0000% / 8h3h 49m$140K$26K20x
ShortHTX MELI-USDT1,823.30get 0.0000% / 8h3h 49m$5K$400K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
Price spread: −0.055% → −0.136%
$8.09
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$15.91
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 60 min ago; HTX: live order book, 4 min ago. 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 Bitget live order book, 60 min ago17.86 bp73.4 bp −$7382.7 bp −$827doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago198.44 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MELI on 5 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
Paragon para:MELI−0.0349%1h1,822−0.124%$86K$82K10xas long as short
Gate MELI_USDT0.0000%8h1,819.4−0.269%$105K$8K20xas long as short
Bitget MELIUSDTlong0.0000%8h1,824.3long leg$140K$26K20x
HTX MELI-USDTshort0.0000%8h1,823.3−0.055%$5K$400K20x
Extended MELI-USD+0.0040%1h1,822.5−0.101%$14K$2K10xas long as short