Order Book
Connecting…Price Chart: para:MELI
Largest Bid Walls
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Largest Ask Walls
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para:MELI Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, para:MELI funding has averaged 0.00781% per hour, an annualised rate of 68.5%. Longs paid shorts in 86% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.06028% to 0.05873%. Work out what this costs on your own position with the funding rate calculator.
para:MELI funding & market FAQ
What is the current para:MELI funding rate?
The current para:MELI funding rate on Hyperliquid is 0.01285% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged 0.00781%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on para:MELI right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does para:MELI open interest tell me?
para:MELI currently has $1,062,164 of open interest, ranking #224 of 534 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a para:MELI position?
At the current mark price of $1,865.1, a 10x long would be liquidated around $1,678.6 and a 10x short around $2,051.6. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade para:MELI perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's para:MELI positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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