HOOKED

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXHOOKED-USDT	0.008100	−0.0248	get 0.0124% / 4h	3h 26m	$930K	$194K	—	Long BingX
SHORT	GateHOOKED_USDT	0.008075	+0.0100	get 0.0050% / 4h	3h 26m	$80K	$216K	10x	Short Gate

Price gap−0.309%

Funding gap+0.0348% /8h

Both sides work: funding pays +$10 a day on $10k, and the gap is 0.804% above its 7d average: +$80 more if it goes back.

If you open now and hold

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

Funding−$1+0.0348% /8h now · paid −0.015% over the last 5 hours (all we have)

Price+$80spread −0.309% now, avg −1.112% → +0.804% if it goes back

Costsno datano order book for BingX

Result, before costs+$79+0.79%no pointscosts unknown: no order book for BingX · What 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−0.309%

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

HOOKED on 3 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for BingX: its slippage is not counted.
Note: Margin at max leverage— + $1,000
BingX —, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$10.44Long BingX: 6 payments, +$7.44; short Gate: 6 payments, +$3.00.
OK: Entry gap works for you−0.309% vs −1.112%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$80K vs $930K OI
Gate sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Gate Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0260%/8h × 21 periods−$54.63

Price spread−0.309% → −1.112% (7d avg)+$80.36

Slippage, 4 ordersno data for BingX—

Fee BingX bp × 2 orders−$10.00

Fee Gate bp × 2 orders−$15.00

Net, fees only · 7 days · $10k+$0.72

Costs to cover0.250%Break-evenfrom the start

Slippage: BingX: no order-book sample; Gate: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX—————

SELL · SHORTGate86.493103.4 bp−$3,103doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
BingX: no data.

HOOKED news

posts that mention HOOKED, from every exchangeSearch all news →

10-08 04:11	BingX	Listing	new market HOOKED-USDT ($HOOKED) seen by our collector
10-04 11:03	Gate	Other	Trade $HOOKED: Trade $HOOKR: @Gate on X ↗
10-04 11:03	Gate	Listing	Gate Futures New Listing: $HOOKED, $HOOKR 🔹 Trading Pairs: $HOOKED / $USDT, $HOOKR / $USDT 🔹 Trading Starts: Now Open 🔹 Supports 1 – 10x Leverage, Bots and Copy Trading More details: @Gate on X ↗
10-04 07:54	MEXC	Listing	new market HOOKED_USDT ($HOOKED) seen by our collector
10-03 13:38	Gate	Listing	new market HOOKED_USDT ($HOOKED) seen by our collector