MELI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateMELI_USDT	1,504.7	0	0.0000% / 8h	7h 46m	$105K	$118K	20x	Long Gate
SHORT	BybitMELIUSDT	1,500.9	0	0.0000% / 8h	7h 46m	$111K	$322K	25x	Short Bybit

Price gap−0.254%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.691% under its 7d average: the price leg works against you, −$69 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−$69spread −0.254% now, avg +0.437% → −0.691% if it goes back

Costs−$1,01510.147% of $10k · taker + slippage, in and out

Result−$1,084−10.84%no points

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−0.254%

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

Watch: Thin at this size566.3 / 181.6 bp
At $10k entering Gate costs 566.3 bp, fee and slippage, 3.1× Bybit’s.
Note: Margin at max leverage$500 + $400
Gate 20x, Bybit 25x. 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 Gate: 3 payments, $0.00; short Bybit: 3 payments, $0.00.
Watch: Gap narrower than usual−0.254% vs +0.437%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$105K vs $111K OI
Gate sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCGate Yes · Bybit Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

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−0.254% → +0.437% (7d avg)−$69.10

Slippage, 4 orderslive order books−$988.74

Fee Gate bp × 2 orders−$15.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$1,083.83

Costs to cover10.147%Break-evennever at this rate

Slippage: Gate: live order book, 27 min ago; Bybit: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate35.32566.3 bp−$566doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBybit28.61181.6 bp−$182doesn’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