MELI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Paragonpara:MELI	1,843.4	+0.0759	pay 0.0095% / 1h	11m 17s	$845K	$141K	10x	Long Paragon
SHORT	MEXCMELISTOCK_USDT	1,838	0	0.0000% / 8h	4h 11m	$732K	$121K	20x	Short MEXC

Price gap−0.295%

Funding gap−0.0759% /8h

Both sides work against this direction now: funding costs $23 a day on $10k and the gap is 0.113% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$157−0.0759% /8h now · paid −1.571% over the last 7D

Price−$11spread −0.295% now, avg −0.182% → −0.113% if it goes back

Costs−$1171.173% of $10k · taker + slippage, in and out

Result−$286−2.86%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.295%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MELI on 8 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size29.9 / 28.9 bp
At $10k entering Paragon costs 29.9 bp, fee and slippage, 1.0× MEXC’s.
Note: Margin at max leverage$1,000 + $500
Paragon 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$22.76Long Paragon: 24 payments, −$22.76; short MEXC: 3 payments, $0.00.
Watch: Gap narrower than usual−0.295% vs −0.182%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$732K vs $845K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCParagon No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0748%/8h × 21 periods−$157.06

Price spread−0.295% → −0.182% (7d avg)−$11.27

Slippage, 4 orderslive order books−$107.49

Fee Paragon bp × 2 orders−$1.80

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$285.62

Costs to cover1.173%Break-evennever at this rate

Slippage: Paragon: live order book, 28 min ago; MEXC: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGParagon28.7029.9 bp−$30105.0 bp−$1,050doesn’t fitdoesn’t fit

SELL · SHORTMEXC24.9128.9 bp−$2948.3 bp−$483193.0 bp−$19.3Kdoesn’t fit

Closing costs about the same again.

MELI news

posts that mention MELI, from every exchangeSearch all news →

09-28 16:43	Avantis	Other	2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:14	Avantis	Listing	new market MELI/USD ($MELI) seen by our collector