MELI funding rate right now: +0.0000% every 8h, 7 day average +0.0078%. On Binance 59% of MELI accounts are long (long/short ratio 1.42), whales are 18% long.
MELIUSDT is the Binance USDT perpetual future on MELI: price $1,490.08 (+0.0% 24h). The live MELIUSDT chart shows open interest, cumulative volume delta, funding, liquidations and how whales are positioned against the crowd.
The futures contract trades around the clock, while the underlying market keeps its own trading hours, so the price can move while that market is closed.
Net longs and net shorts are estimated from 5 minute open interest changes split by the taker side.