MELI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitMELIUSDT	1,496	0	0.0000% / 8h	7h 51m	$111K	$322K	25x	Long Bybit
SHORT	HTXMELI-USDT	1,491.1	0	0.0000% / 8h	7h 51m	$5K	$145K	20x	Short HTX

Price gap−0.330%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.251% under its 7d average: the price leg works against you, −$25 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$00.0000% /8h now · paid 0.000% over the last 7D

Price−$25spread −0.330% now, avg −0.080% → −0.251% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$25−0.25%no pointscosts unknown: book too thin at $10k ·

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−0.330%

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 11 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than HTX’s order book right now.
Note: Margin at max leverage$400 + $500
Bybit 25x, HTX 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: $0.00Long Bybit: 3 payments, $0.00; short HTX: 3 payments, $0.00.
Watch: Gap narrower than usual−0.330% vs −0.080%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$5K vs $111K OI
HTX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · HTX Limited
Standard verification is mandatory for every product.

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−0.330% → −0.080% (7d avg)−$25.06

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Bybit bp × 2 orders−$11.00

Fee HTX bp × 2 orders−$12.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Bybit: live order book, 21 min ago; HTX: live order book, 29 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit28.61135.3 bp−$135doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTHTX65.14doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

MELI news

posts that mention MELI, from every exchange

11-02 11:59	OKX	Listing	new market MELI-USDT-SWAP ($MELI) seen by our collector
10-29 10:59	Binance	Listing	new market MELIUSDT ($MELI) seen by our collector
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