Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.250%
Price spread now: Paragon against Bitget+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.230%+$123 on $10k
+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 +$2 a day on $10k at the current rate, and Paragon is 0.021% dearer against Bitget than usual: you sell high and buy low: +$2 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 | Bitget MELIUSDT | 1,822.3 | 0 | get 0.0000% / 8h | 23m 34s | $141K | $26K | 20x |
| Short | Paragon para:MELI | 1,822.7 | 0.0060 | get 0.0008% / 1h | 23m 34s | $86K | $82K | 10x |
Bitget MELIUSDT
Paragon para:MELIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Bitget. 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
- $12.6
- Price spread: +0.021% → 0.000%
- $2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$7.26
- Costs to cover
- 0.220%
- Break-even
- 11.0 days
Slippage unknown: Bitget: live order book, 46 min ago; Paragon: no order-book sample. 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 Bitget live order book, 46 min ago | 15.61 bp | 28.2 bp −$28 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Paragon no order-book sample | — | — | — | — | — |
Paragon: 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.
MELI on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MELI_USDT | 0.0000% | 8h | 1,821.1 | −0.066% | $99K | $17K | 20x | as long as short |
| Bitget MELIUSDTlong | 0.0000% | 8h | 1,822.3 | long leg | $141K | $26K | 20x | |
| HTX MELI-USDT | 0.0000% | 8h | 1,822.2 | −0.005% | $5K | $397K | 20x | as long as short |
| Extended MELI-USD | +0.0040% | 1h | 1,822.7 | +0.021% | $14K | $2K | 10x | as long as short |
| Paragon para:MELIshort | +0.0060% | 1h | 1,822.7 | +0.021% | $86K | $82K | 10x |
Gate MELI_USDT
HTX MELI-USDT
Extended MELI-USD