HOOKED

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCHOOKED_USDT	0.008280	−0.0400	get 0.0200% / 4h	12m 27s	$16K	$29K	20x	Long MEXC
SHORT	GateHOOKED_USDT	0.008324	−0.7272	pay 0.0909% / 1h	12m 27s	$54K	$297K	10x	Short Gate

Price gap+0.531%

Funding gap−0.6872% /8h

The gap pays +$53 on $10k if it goes back to zero (no 7-day history yet), but funding costs $206 a day and eats that in about 6 hours.

If you open now and hold

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

Funding—−0.6872% /8h now · no funding history yet

Price—spread +0.531% now · no price history on both exchanges yet

Costsno datano order book for MEXC

Result, before costs—no pointsneeds funding history

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+0.531%

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 2 exchanges

lowest funding first

Before you open

0 ok · 3 to watch

Note: Order book unknown—
No order-book sample for MEXC: its slippage is not counted.
Note: Margin at max leverage$500 + $1,000
MEXC 20x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$206.16Long MEXC: 6 payments, +$12.00; short Gate: 24 payments, −$218.16.
Note: No 7-day spread history+0.531%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$16K vs $54K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Gate 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 earnedno history yet: current rate−$1,443.12

Price spread+0.531% → 0+$53.14

Slippage, 4 ordersno data for MEXC—

Fee MEXC bp × 2 orders−$4.00

Fee Gate bp × 2 orders−$15.00

Net, fees only · 7 days · $10k−$1,408.98

Costs to cover0.190%Break-evenfrom the start

Slippage: MEXC: no order-book sample; Gate: live order book, 52 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC—————

SELL · SHORTGate22.801519.6 bp−$1,520doesn’t fitdoesn’t fitdoesn’t fit

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

HOOKED news

posts that mention HOOKED, from every exchangeSearch all news →

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