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MELI Funding Rate

MELI perpetual funding on 4 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

MELI funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
WEEX8 hbest long−0.0034%−0.0034%—+0.0100%−3.8%−0.0021%+0.122%+0.0376%$81.3K
HTX8 hbest short0.0000%0.0000%——0.0%0.0000%0.0000%0.0000%$175.3K
LBank8 h0.0000%0.0000%—+0.0652%0.0%0.0000%+0.224%+0.211%—
Extended1 h+0.0040%+0.0005%—+0.0013%4.4%+0.0120%+0.0840%+0.360%—

What MELI funding actually paid

Over 7 days, a MELI long paid +0.107% on average across exchanges (5.6% a year). The most on LBank (+0.224%), the least on HTX (0.0000%).

Over 30 days, a MELI long paid +0.152% on average across exchanges (2.8% a year). The most on Extended (+0.360%), the least on HTX (0.0000%).

MELI funding rate history chart

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MELI funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on WEEX (−0.0034% per 8 h), the highest on HTX (0.0000%). Long on WEEX and short on HTX, price hedged: a difference of 3.8% a year before fees and before the rates move.

Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →

MELI perpetual futures by exchange

HTXMELI/USDT:USDT$1,802.75$175.3K
WEEXMELI/USDT:USDT$1,822.90$81.3K
ExtendedMELI/USDC:USDC$1,816.06—
LBankMELI/USDT:USDT—
MELI page: spot, routes, networks

FAQ

What is the MELI funding rate?

A periodic payment between long and short holders of MELI perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0034% to 0.0000% per 8 hours across 4 exchanges.

How often is MELI funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the MELI funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.