Settings8H · net · $10k
Funding arb · Price arb /

MELI

RWAall MELI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Extended against HTX+0.027%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.027% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MELI-USDT1,822.20get 0.0000% / 8h23m 34s$5K$397K20x
ShortExtended MELI-USD1,822.70.0040get 0.0005% / 1h23m 34s$14K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.027% → 0.000%
$2.68
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.92
Costs to cover
0.170%
Break-even
11.9 days
Slippage unknown: HTX: live order book, 55 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 55 min ago286.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MELI_USDT0.0000%8h1,821.1−0.060%$99K$17K20xas long as short
Bitget MELIUSDT0.0000%8h1,822.3+0.005%$141K$26K20xas long as short
HTX MELI-USDTlong0.0000%8h1,822.2long leg$5K$397K20x
Extended MELI-USDshort+0.0040%1h1,822.7+0.027%$14K$2K10x
Paragon para:MELI+0.0060%1h1,822.7+0.027%$86K$82K10xas long as short