Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,49600.0000% / 8h7h 51m$111K$322K25xLong Bybit
SHORT1,500.500.0000% / 8h7h 51m$62K$404K20xShort OKX
Price gap+0.298%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$46 on $10k if the gap goes back to its 7d average.

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 3 days (all we have)
Price+$46spread +0.298% now, avg −0.160% → +0.458% if it goes back
Costs−$4674.669% of $10k · taker + slippage, in and out
Result−$421−4.21%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.298%
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

2 ok · 3 to watch
  • Watch: Thin at this size135.3 / 109.7 bp
    At $10k entering Bybit costs 135.3 bp, fee and slippage, 1.2× OKX’s.
  • Note: Margin at max leverage$400 + $500
    Bybit 25x, OKX 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 OKX: 3 payments, $0.00.
  • OK: Entry gap works for you+0.298% vs −0.160%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$62K vs $111K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · OKX Yes
    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+0.298% → −0.160% (7d avg)+$45.79
Slippage, 4 orderslive order books−$445.88
Fee Bybit bp × 2 orders−$11.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$421.09
Costs to cover4.669%Break-evennever at this rate
Slippage: Bybit: live order book, 21 min ago; OKX: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit28.61135.3 bp−$135doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX16.32109.7 bp−$110doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MELI news

posts that mention MELI, from every exchange
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09-28 16:43AvantisOther2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:14AvantisListingnew market MELI/USD ($MELI) seen by our collector