Funding you earn now, next payment 01:00 UTC+0.0644%/8h= +70.6% APRnext payment +$0.81 per $10,000 · paid last 24h −0.233%
Price spread now: Extended against Paragon−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:MELI | 1,822.7 | −0.0604 | get 0.0076% / 1h | 26m 44s | $86K | $82K | 10x |
| Short | Extended MELI-USD | 1,822.5 | 0.0040 | get 0.0005% / 1h | 26m 44s | $14K | $2K | 10x |
Paragon para:MELI
Extended MELI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Paragon. 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
- $135.34
- Price spread: −0.013% → 0.000%
- −$1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $119.06
- Costs to cover
- 0.150%
- Break-even
- 0.8 days
Slippage unknown: Paragon: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paragon no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Paragon and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:MELIlong | −0.0604% | 1h | 1,822.7 | long leg | $86K | $82K | 10x | |
| Gate MELI_USDT | 0.0000% | 8h | 1,822.3 | −0.021% | $99K | $10K | 20x | as long as short |
| Bitget MELIUSDT | 0.0000% | 8h | 1,822.5 | −0.010% | $140K | $22K | 20x | as long as short |
| HTX MELI-USDT | 0.0000% | 8h | 1,822.5 | −0.010% | $5K | $399K | 20x | as long as short |
| Extended MELI-USDshort | +0.0040% | 1h | 1,822.5 | −0.013% | $14K | $2K | 10x |
Gate MELI_USDT
Bitget MELIUSDT
HTX MELI-USDT