Funding you earn now, next payment 09:00 UTC+0.5657%/8h= +619.4% APRpaid last 24h −0.159%
Price spread now: HTX against Paragon−0.088%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−1.155%−$116 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. HTX is 0.088% cheaper against Paragon than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 1 hour of funding at the current rate (+$170 a day). Mind the row above: over the last 7 days funding on this pair cost −1.155%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.155% in total (about -60.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:MELI | 1,827.3 | −0.5657 | get 0.0707% / 1h | 36m 43s | $87K | $82K | 10x |
| Short | HTX MELI-USDT | 1,825.7 | 0 | get 0.0000% / 8h | 7h 36m | $5K | $406K | 20x |
Paragon para:MELI
HTX MELI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $1,187.98
- Price spread: −0.088% → 0.000%
- −$8.77
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $1,157.21
- Costs to cover
- 0.220%
- Break-even
- 0.2 days
Slippage unknown: Paragon: no order-book sample; HTX: live order book, 62 min ago. 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 HTX live order book, 62 min ago | 582.98 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:MELIlong | −0.5657% | 1h | 1,827.3 | long leg | $87K | $82K | 10x | |
| Gate MELI_USDT | 0.0000% | 8h | 1,813.1 | −0.777% | $132K | $13K | 20x | as long as short |
| Bitget MELIUSDT | 0.0000% | 8h | 1,827.5 | +0.011% | $141K | $30K | 20x | as long as short |
| HTX MELI-USDTshort | 0.0000% | 8h | 1,825.7 | −0.088% | $5K | $406K | 20x | |
| Extended MELI-USD | +0.0040% | 1h | 1,825.2 | −0.113% | $14K | $2K | 10x | as long as short |
Gate MELI_USDT
Bitget MELIUSDT
Extended MELI-USD