MELI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetMELIUSDT	1,711.2	−0.1628	get 0.1628% / 8h	1h 14m	$202K	$1.7M	20x	Long Bitget
SHORT	MEXCMELISTOCK_USDT	1,710.3	−0.1635	pay 0.1635% / 8h	1h 14m	$700K	$164K	20x	Short MEXC

Price gap−0.053%

Funding gap−0.0007% /8h

Funding is ≈ 0 and the gap is 0.034% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0−0.0007% /8h now · paid 0.000% over the last 7D

Price−$3spread −0.053% now, avg −0.019% → −0.034% if it goes back

Costs−$1091.093% of $10k · taker + slippage, in and out

Result−$113−1.13%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.053%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MELI on 9 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size44.9 / 14.3 bp
At $10k entering Bitget costs 44.9 bp, fee and slippage, 3.1× MEXC’s.
Note: Margin at max leverage$500 + $500
Bitget 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$0.21Long Bitget: 3 payments, +$48.84; short MEXC: 3 payments, −$49.05.
Watch: Gap narrower than usual−0.053% vs −0.019%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$202K vs $700K OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · MEXC Yes
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned0.0000%/8h × 21 periods$0.00

Price spread−0.053% → −0.019% (7d avg)−$3.38

Slippage, 4 orderslive order books−$93.28

Fee Bitget bp × 2 orders−$12.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$112.66

Costs to cover1.093%Break-evennever at this rate

Slippage: Bitget: live order book, 5 min ago; MEXC: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget8.4844.9 bp−$4565.7 bp−$657doesn’t fitdoesn’t fit

SELL · SHORTMEXC12.2814.3 bp−$1432.6 bp−$326178.0 bp−$17.8Kdoesn’t fit

Closing costs about the same again.

MELI news

posts that mention MELI, from every exchangeSearch all news →

10-12 09:45	Bybit	Listing	new market MELIUSDT ($MELI) seen by our collector
09-28 16:43	Avantis	Other	2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:14	Avantis	Listing	new market MELI/USD ($MELI) seen by our collector