Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.215%
Price spread now: Paragon against Gate+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.188%+$119 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paragon is 0.087% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MELI_USDT | 1,821.1 | 0 | get 0.0000% / 8h | 3h 26m | $105K | $8K | 20x |
| Short | Paragon para:MELI | 1,822.7 | 0.0040 | get 0.0005% / 1h | 26m 38s | $86K | $82K | 10x |
Gate MELI_USDT
Paragon para:MELIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $8.5
- Price spread: +0.087% → 0.000%
- $8.73
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$7.77
- Costs to cover
- 0.250%
- Break-even
- 13.4 days
Slippage unknown: Gate: live order book, 19 min ago; Paragon: 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 Gate live order book, 19 min ago | 67.13 bp | 310.6 bp −$311 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon no order-book sample | — | — | — | — | — |
Paragon: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MELI_USDTlong | 0.0000% | 8h | 1,821.1 | long leg | $105K | $8K | 20x | |
| Bitget MELIUSDT | 0.0000% | 8h | 1,828.7 | +0.417% | $141K | $26K | 20x | as long as short |
| HTX MELI-USDT | 0.0000% | 8h | 1,823.8 | +0.148% | $5K | $401K | 20x | as long as short |
| Extended MELI-USD | +0.0040% | 1h | 1,822.5 | +0.074% | $14K | $2K | 10x | as long as short |
| Paragon para:MELIshort | +0.0040% | 1h | 1,822.7 | +0.087% | $86K | $82K | 10x |
Bitget MELIUSDT
HTX MELI-USDT
Extended MELI-USD