HOOKED

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCHOOKED_USDT	0.0008700	−0.0278	get 0.0139% / 4h	36m 20s	$127K	$493K	20x	Long MEXC
SHORT	BingXHOOKED-USDT	0.0008700	−0.0194	pay 0.0097% / 4h	36m 20s	$930K	$374K	—	Short BingX

Price gap0.000%

Funding gap+0.0084% /8h

Funding pays +$3 a day on $10k, but the gap is 0.108% under its 7d average: −$11 if it goes back, about 4.3 days of funding.

If you open now and hold

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

Funding−$10+0.0084% /8h now · paid −0.095% over the last 7D

Price−$11spread 0.000% now, avg +0.108% → −0.108% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$20−0.20%no pointscosts unknown: book too thin at $10k · 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

Now0.000%

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

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than BingX’s order book right now.
Note: Margin at max leverage$500 + —
MEXC 20x, BingX —. 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: +$2.52Long MEXC: 6 payments, +$8.34; short BingX: 6 payments, −$5.82.
Watch: Gap narrower than usual0.000% vs +0.108%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$127K vs $930K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · BingX 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−0.0045%/8h × 21 periods−$9.52

Price spread0.000% → +0.108% (7d avg)−$10.75

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee MEXC bp × 2 orders−$4.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: MEXC: live order book, 33 min ago; BingX: live order book, 58 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC22.88411.4 bp−$411doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX51.05doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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