Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Gate against Extended−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MELI-USD | 1,822.5 | 0.0040 | pay 0.0005% / 1h | 43m 25s | $14K | $2K | 10x |
| Short | Gate MELI_USDT | 1,822.3 | 0 | get 0.0000% / 8h | 4h 43m | $99K | $8K | 20x |
Extended MELI-USD
Gate MELI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$8.4
- Price spread: −0.009% → 0.000%
- −$0.85
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$29.25
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Gate: 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 Extended no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Extended and Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:MELI | −0.0607% | 1h | 1,822.7 | +0.013% | $86K | $82K | 10x | as long as short |
| Gate MELI_USDTshort | 0.0000% | 8h | 1,822.3 | −0.009% | $99K | $8K | 20x | |
| Bitget MELIUSDT | 0.0000% | 8h | 1,821.6 | −0.047% | $140K | $23K | 20x | as long as short |
| HTX MELI-USDT | 0.0000% | 8h | 1,822.1 | −0.019% | $5K | $399K | 20x | as long as short |
| Extended MELI-USDlong | +0.0040% | 1h | 1,822.5 | long leg | $14K | $2K | 10x |
Paragon para:MELI
Bitget MELIUSDT
HTX MELI-USDT