Funding you earn now, next payment 01:00 UTC+0.0683%/8h= +74.8% APRpaid last 24h −0.245%
Price spread now: Gate against Paragon−0.021%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−1.250%−$125 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. Gate is 0.021% cheaper against Paragon than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 7 days funding on this pair cost −1.250%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:MELI | 1,822.7 | −0.0683 | get 0.0085% / 1h | 53m 36s | $86K | $82K | 10x |
| Short | Gate MELI_USDT | 1,822.3 | 0 | get 0.0000% / 8h | 7h 53m | $99K | $10K | 20x |
Paragon para:MELI
Gate MELI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $143.53
- Price spread: −0.021% → 0.000%
- −$2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $116.39
- Costs to cover
- 0.250%
- Break-even
- 1.3 days
Slippage unknown: Paragon: no order-book sample; Gate: 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 Gate no order-book sample | — | — | — | — | — |
Paragon and Gate: 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 | −0.0683% | 1h | 1,822.7 | long leg | $86K | $82K | 10x | |
| Gate MELI_USDTshort | 0.0000% | 8h | 1,822.3 | −0.021% | $99K | $10K | 20x | |
| Bitget MELIUSDT | 0.0000% | 8h | 1,817.4 | −0.290% | $140K | $22K | 20x | as long as short |
| HTX MELI-USDT | 0.0000% | 8h | 1,822.6 | −0.005% | $5K | $399K | 20x | as long as short |
| Extended MELI-USD | +0.0040% | 1h | 1,822.5 | −0.013% | $14K | $2K | 10x | as long as short |
Bitget MELIUSDT
HTX MELI-USDT
Extended MELI-USD