Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.220%7-day average +0.363% · you sell dearer than you buy
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$606as in the Price arb table
costs, in and out, $10k−$5925.916% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.220%, 7d avg +0.363%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.143% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.363%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MELI_USDT | 1,822.2 | 0 | get 0.0000% / 8h | 2h 20m | $105K | $7K | 20x |
| Short | Bitget MELIUSDT | 1,826.2 | 0 | get 0.0000% / 8h | 2h 20m | $140K | $26K | 20x |
Gate MELI_USDT
Bitget MELIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: +0.220% → +0.363%
- −$14.33
- Slippage, 4 orders
- −$564.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$605.92
- Costs to cover
- 5.916%
- Break-even
- never at this rate
Slippage from Gate: live order book, 19 min ago; Bitget: live order book, 19 min ago.
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 Gate live order book, 19 min ago | 39.67 bp | 339.1 bp −$339 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 19 min ago | 18.83 bp | 71.1 bp −$71 | 85.3 bp −$853 | doesn't fit | doesn't fit |
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_USDTlong | 0.0000% | 8h | 1,822.2 | long leg | $105K | $7K | 20x | |
| Bitget MELIUSDTshort | 0.0000% | 8h | 1,826.2 | +0.220% | $140K | $26K | 20x | |
| HTX MELI-USDT | 0.0000% | 8h | 1,824.2 | +0.110% | $5K | $402K | 20x | as long as short |
| Extended MELI-USD | +0.0040% | 1h | 1,822.5 | +0.014% | $14K | $2K | 10x | as long as short |
| Paragon para:MELI | +0.0060% | 1h | 1,822.7 | +0.027% | $86K | $82K | 10x | as long as short |
HTX MELI-USDT
Extended MELI-USD
Paragon para:MELI