Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.252%
Price spread now: Paragon against HTX−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.230%+$123 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Paragon is 0.033% cheaper against HTX than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 44 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.230% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MELI-USDT | 1,823.6 | 0 | get 0.0000% / 8h | 1h 07m | $5K | $397K | 20x |
| Short | Paragon para:MELI | 1,823 | 0.0060 | get 0.0008% / 1h | 7m 22s | $86K | $82K | 10x |
HTX MELI-USDT
Paragon para:MELIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against HTX. 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
- $12.6
- Price spread: −0.033% → 0.000%
- −$3.28
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$12.68
- Costs to cover
- 0.220%
- Break-even
- 14.0 days
Slippage unknown: HTX: live order book, 11 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 HTX live order book, 11 min ago | 286.09 bp | doesn't fit | 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_USDT | 0.0000% | 8h | 1,821.1 | −0.137% | $99K | $17K | 20x | as long as short |
| Bitget MELIUSDT | 0.0000% | 8h | 1,823.4 | −0.011% | $141K | $24K | 20x | as long as short |
| HTX MELI-USDTlong | 0.0000% | 8h | 1,823.6 | long leg | $5K | $397K | 20x | |
| Extended MELI-USD | +0.0040% | 1h | 1,822 | −0.090% | $14K | $2K | 10x | as long as short |
| Paragon para:MELIshort | +0.0060% | 1h | 1,823 | −0.033% | $86K | $82K | 10x |
Gate MELI_USDT
Bitget MELIUSDT
Extended MELI-USD